Entity:
Supply, Trading & Shipping
Job Family Group:
Job Description:
Supply, Trading & Shipping (ST&S) has one of the world’s most developed commodity trading business with its’ distinctive expertise in trading, optimizing flows, handling price risk and developing customer solutions. Organized into Global Commodity books, ST&S Global Oil has supply-trading teams in three regional hubs - Chicago, London and Singapore.
ST&S focus is to support BP Group assets and to participate in major trade flows or hubs where supply-trading opportunities could be material. A major proportion of ST&S Asia Pacific (AsPac) business comprises third party and entrepreneurial activities / trades.
ST&S Singapore office covers the AsPac region ranging from Southeast Asia to Middle East, China and Pacific. To support the business, ST&S has set a few additional regional offices based in China, Japan, Indonesia, India and the UAE.
For our Singapore office, we are looking to hire a Naphtha trader.
You will be helping to drive commercial strategy for the trading desk in the Aspac region by; originating new relationships & deals, performing trades, participating in various tenders and working closely with the other regional & global trading teams.
Key Accountabilities
You will be reporting to the regional Petchem book leader in Singapore and will be accountable for:
leading and building key Naphtha relationships (existing & new), partnerships & trading flows for the AsPac region together with the wider Naphtha team
looking for trade optimization opportunities
performing physical & paper trading & be accountable for the book PnL delivery plan
setting up strategic objectives for the longer-term business growth in the region
analysing the markets to identify the needs of the customers and suppliers & propose strategic partnership opportunities
Essential Education, Experience and Job Requirements
Degree in a business, commercial or engineering subject area
Minimum 5 years of meaningful experience & validated successful track record in delivering commercial value
Solid understanding of oil & petrochemical markets and market fundamentals
Ability to interrogate, understand and feedback on analytics
Established commercial network within Aspac region in Naphtha markets
Strong entrepreneurial bias – ability and enthusiasm to identify and develop new business and deals independently (with support of wider team capability as the need arises)
Understanding of paper derivative instruments for leading physical exposure
Knowledge of Naphtha sales, operations, logistics & contracts
Understanding broader risks of trading & its impacts on the company
Why join us?
At bp, we support our people to learn and grow in a diverse and challenging environment. We believe that our team is strengthened by diversity. We are committed to fostering an inclusive environment in which everyone is respected and treated fairly. There are many aspects of our employees’ lives that are meaningful, so we offer benefits to enable your work to fit with your life! These benefits can include flexible working options, paid parental leave policy among others!
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Travel Requirement
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Legal Disclaimer:
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.
If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.