Heavy Products Trader

Full-time
On-site
Houston United States of America
Solar

At Repsol, we are committed to equality and do not request personal information.

We believe that diversity contributes to innovative ideas and provides added value that enables us to benefit from mutual learning and perform our best work. Here, what counts is your experience and your ability to create value. We offer you the opportunity to grow professionally, develop your career with challenging projects and collaborate with talented people worldwide. As a company committed to diversity and inclusion, we encourage all professionals who meet the job description requirements to apply.

We are looking for an experienced trader with deep understanding of Heavy Products, with special focus in Feedstocks business. The selected candidate will be part of a multicultural local team in Singapore office, and global player in coordination with Madrid and Houston offices. The position demands good analytical skills, strong team work and business-oriented approach.

Responsibilities

  • Individual will be a member of a dynamic Global Heavy Products Team with offices in Europe, America and Singapore.

  • Individual will develop the Feedstocks desk for Singapore office, in line with the company global strategy and optimization

  • Deep focus and knowledge in Middle East and Asia markets - market flows and activity of relevant refiners and traders

  • Experience in oil blending and storage management

  • Develop and maintain business relations with key counterparties, market players ( i.e. producers, refiners, traders and end-users ) to keep abreast of market developments and opportunities.

  • Active participation in a team P&L/value generation. Knowledge of price/pricing concepts & structure

  • Good risk management and understanding of implied exposure and optimality within contracts and the overall book - Design hedge strategies for physical positions.

  • Communicate with traders and refinery personnel in Europe.

  • Assess customers’ credit terms and availability. Negotiate payment terms, title transfers and all key contract items to achieve closure.

  • Perform all of these activities to company standards within a highly controlled environment governed by external regulatory requirements as well as internal controls and compliance

  • Participate in the ongoing digitalization of the company.

Qualifications

  • Bachelor degree in Economics, Finance, Business or Engineering

  • At least 5 year’s experience in Oil Trading Business - Record of achievements and deep understanding in physical and paper activity.

  • Experience in at least two different regions/countries ( Middle East and Asia preferred )

  • Deep understanding of Chinese refining economics - supply and demand

  • Ability to work in a multi-cultural fast-paced work environment

  • Flexible, proactive, creative mind result-oriented and customer-focused

  • Extensive contacts in Asia Fuel Oil Market

  • Strong knowledge of Asian streams, components and flows

  • Deep understanding of shipping / chartering activity. Including floating storage operations and economics.

  • Self-sufficient and able to build a business from the scratch

  • Strong team player – X desk collaboration Is a must

  • Ability to lead trading decisions at the desk

  • Veil for Safe, reliable operations

Repsol is an Equal Opportunity Employer M/F/Disability/Veteran

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