Petrochemical Trader
10000 - 12000 SGDDirect Search Asia
Role Overview
We are seeking a Petrochemical Trader to develop and execute physical trading opportunities, grow supplier and customer relationships, and manage trading profitability. The successful candidate will oversee commercial negotiations, monitor market developments and work closely with operations and risk teams to ensure smooth trade execution.
Key Responsibilities
Source and trade petrochemical products in line with commercial objectives and approved trading limits.
Develop relationships with producers, distributors, trading houses and industrial customers.
Identify new markets, customers and sourcing opportunities.
Negotiate purchase and sales contracts covering pricing, product specifications, quantities, delivery schedules and payment terms.
Analyse supply and demand, feedstock costs, production changes, trade flows and pricing trends.
Manage trading positions, margins and exposures within established risk limits.
Coordinate hedging with relevant teams where suitable instruments are available.
Work with operations and logistics teams on cargo nominations, shipping, storage and delivery.
Resolve quality claims, shipment discrepancies and contractual issues.
Coordinate with Finance, Credit and Compliance teams on counterparty approvals, payment arrangements and transaction requirements.
Maintain accurate trade records and prepare position, profitability and market reports.
Requirements
Degree in Business, Economics, Finance, Chemical Engineering or a related discipline.
3 to 5 years of experience in petrochemical trading or a closely related commercial role.
Good knowledge of relevant petrochemical products, specifications, applications and regional markets.
Practical understanding of physical commodity contracts, pricing mechanisms, Incoterms and international trade.
Proven ability to develop business and manage supplier and customer relationships.
Strong commercial judgement, negotiation and analytical skills.
Familiarity with trading risk controls, credit exposure and trade finance.
Proficient in Microsoft Excel and commodity trading systems.
Willing to travel and work with counterparties across different time zones.
10000 - 15000 SGD
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