Trader - Low Carbon Trading

2 weeks ago


Singapore bp Full time

Job Profile Summary

  • The Low Carbon Trader will trade carbon emission credits & associated environmental products within the Low Carbon Trading (LCT) Team and will be integral to the success of bp's low carbon energy transition. This trader will primarily trade compliance and entrepreneurial positions under our Australia and New Zealand books, as well as be responsible for pricing and supporting the low carbon origination activity in Trading & Shipping for the Asia Pacific Region. Support for the Voluntary Trading book will also be required.
  • LCT trades environmental attributes used to mitigate greenhouse gas emissions. LCT products are associated standalone carbon markets such as Cap and Trade, Baseline and Credit, Emissions Trading Programs, or optin voluntary programs to meet Environmental, Social and Governance goals. LCT is a global team operating in Singapore, London, Chicago, Houston, and Calgary.

Job Advert

Key Accountabilities

Strategy

  • Manage & optimize trading exposure throughout Australia and New Zealand markets
  • Execute speculative trading strategies
  • Manage risk for origination activity in Australian and New Zealand markets
  • Identify and monetize optionality for current and prospective transactions
  • Generate entrepreneurial profit by taking positions in options, futures, and physical
  • Ensure the risk/reward of trade strategies are properly analysed, understood, and communicated

Execution

  • Comply with BP's Code of Conduct and model BP's Values & Behaviours
  • Work with team members to execute the trade strategy, using approved physical and financial instruments
  • Trade in a disciplined manner within agreed limits
  • Understand and ensure that exposure reports are correct such that the system of record is accurate with timely reconciliation of discrepancies and address issues or questions that arise from middle or back office.
  • Ensure deal entry metrics remain in line with key performance indicator (KPI) expectations
  • Understand and manage transactional risks assuring required credit limits are in place, funding requests are executed, and records of transactions are available for reporting purposes.
  • Build out or improve trading execution tools
  • Backup other traders on the bench as required

Analysis

  • Build deeper understanding of relevant regulations and stay abreast of the upcoming changes to ensure bp compliance and
  • Collaborate with BP analytics to inform the market view and understand the impact of market developments

Development

  • Provide support to business development, supply, and marketing teams
  • Understand and master cross commodity correlations and relationships
  • Develop relationships with external market participants
  • Establish a culture that fosters continuous improvement within the bench
  • Keep abreast of relevant trading processes and procedures, understand how new business is captured and reflected in bp's system of record and comply with regulatory deal entry requirements

Requirements:

  • Bachelor's degree required
  • Excellent integrity and character
  • Strong analytical skills, commercial mindset and attention to detail
  • Solid understanding of options Greeks
  • Demonstrated knowledge of Australian and New Zealand regulatory environment and processes
  • Adhere to MAS requirements, control and compliance in a trading business
  • Strong communications skills (written and verbal)
  • Ability to multitask and prioritize independently
  • Selfstarter, independent thinker and willingness to develop solutions and opportunities proactively
  • Positive track record trading environmental credits, and derivatives in the abovementioned markets

Desirable Criteria

  • Ability to code and build models to support trading decisions
  • Solid understanding of options Greeks
  • Familiar with relevant environmental policies and regulations
LI-onsite

Entity

  • Trading & Shipping

Job Family Group

  • Supply & Trading Group

Relocation available

  • No

Travel required

  • Yes up to 25%

Time Type

  • Full time

Country

  • Singapore

About BP

TRADING & SHIPPING
Our purpose is to bring together people, energy and markets to power and navigate a changing world.

  • In a time of constant change and possibility we need new talent to pursue commercial opportunities, fuelled by worldclass insight and expertise. We're always striving for more innovative digital solutions, sustainable outcomes and closer collaboration across our company and beyond, and you could be part of that too. Together we continue to grow as the world's leading energy trader.
  • Join us and help us achieve these goals by:
  • developing and continuously evolving a globally diversified portfolio that accesses new markets, commodities and commercial opportunities
- collaborating with our business groups to provide innovative commercial and marine solutions that add value to bp's assets and flows
- delivering high-quality earnings and creating an org

  • Singapore Formative Search Full time

    We have a unique and exclusive opportunity with a long-standing partner of ours, who is fast becoming a key player in the APAC Low-Carbon landscape. This opportunity is for their next General Manager to be based in Singapore, helping to ensure our client becomes a leader in providing Low-Carbon solutions across the SE Asia region.What will the General...

  • Quant Trader

    2 weeks ago


    Singapore eFinancialCareers Full time

    Our client is a prop trading firm in Singapore who are currently trading low latency high frequency strategies across futures and options. Our client is a fast growing high frequency trading firm specialising in automated market-making strategies and are hiring a prop trader with experience trading Futures across global exchanges. We are interested in a...

  • Quant Trader

    2 weeks ago


    Singapore Executive X Consultants Limited Full time

    Non disclosedSingaporePosted 7 hours ago Permanent $100k - $250k Our client is prop trading firm trading futures and options who are hiring a Quant Trader to trade Futures across global exchanges.Our client is a prop trading firm in Singapore who are currently trading low latency high frequency strategies across futures and options. Our client is a fast...

  • Trader

    2 weeks ago


    Singapore Jump Trading Full time

    Do you have a passion for trading? Fascinated by financial markets? Want to work on the front line of a world class HFT firm? Want exposure to the best and brightest minds in the industry? Willing to be thrown into the deep end and see if you can swim?We are looking for a passionate trader based in Singapore to join Jump's centralized trading team,...


  • Singapore ExxonMobil Full time

    About usAt ExxonMobil, our vision is to lead in energy innovations that advance modern living and a net-zero future. As one of the world's largest publicly traded energy and chemical companies, we are powered by a unique and diverse workforce fueled by the pride in what we do and what we stand for.The success of our Upstream, Product Solutions and Low Carbon...

  • Research Fellow

    2 months ago


    Singapore NTU (Nanyang Technology University- Main Office-HR) Full time

    The School of Civil and Environmental Engineering (CEE) is a leading school for Sustainable Built Environment. The School plays an integral role in spearheading tertiary education, advancing research innovations and providing professional services in a number of key disciplines in Civil and Environmental Engineering and Maritime Studies fields, with the...

  • Research Fellow

    1 month ago


    Singapore NTU (Nanyang Technology University- Main Office-HR) Full time

    The School of Civil and Environmental Engineering (CEE) is a leading school for Sustainable Built Environment. The School plays an integral role in spearheading tertiary education, advancing research innovations and providing professional services in a number of key disciplines in Civil and Environmental Engineering and Maritime Studies fields, with the...

  • Junior Trader

    2 weeks ago


    Singapore SINGAPORE CARBON HYDROGEN ENERGY PTE. LTD. Full time

    Roles & ResponsibilitiesThis role is to support and deliver the LNG trading activities, strategies and related tasks. He/she will be accountable for the trades, their financial impacts and managing the associated operation involved with the trades and their activities.Accountabilities & Responsibilities Participate and develop strategies in LNG trading...

  • Quant Trader

    2 months ago


    Singapore eFinancialCareers Full time

    Our client is a prop trading firm in Singapore who are currently trading low latency high frequency strategies across futures and options. Our client is a fast growing high frequency trading firm specialising in automated market-making strategies and are hiring a prop trader with experience trading Futures across global exchanges.   We are interested in a...

  • Quant Trader

    4 weeks ago


    Singapore eFinancialCareers Full time

    Our client is a prop trading firm in Singapore who are currently trading low latency high frequency strategies across futures and options. Our client is a fast growing high frequency trading firm specialising in automated market-making strategies and are hiring a prop trader with experience trading Futures across global exchanges.   We are interested in a...


  • Singapore ExxonMobil Full time

      About us   At ExxonMobil, our vision is to lead in energy innovations that advance modern living and a net-zero future. As one of the world’s largest publicly traded energy and chemical companies, we are powered by a unique and diverse workforce fueled by the pride in what we do and what we stand for.   The success of our Upstream,...


  • Singapore ExxonMobil Full time

      About us   At ExxonMobil, our vision is to lead in energy innovations that advance modern living and a net-zero future. As one of the world’s largest publicly traded energy and chemical companies, we are powered by a unique and diverse workforce fueled by the pride in what we do and what we stand for.   The success of our Upstream,...


  • Singapore Rio Tinto Full time

    Senior Originator – CarbonWhy Explore Fantastic pioneering role to develop and execute our carbon offsetting strategy Significant role in contributing towards our 2025 and 2030 emission strategy Focus on nature based solutions Real meaningful and impactful work in a mining giant Access to decision makers in Singapore, and work with counterparts across the...


  • Singapore Rio Tinto Full time

    Senior Originator – CarbonWhy Explore Fantastic pioneering role to develop and execute our carbon offsetting strategy Significant role in contributing towards our 2025 and 2030 emission strategy! Focus on nature based solutions Real meaningful and impactful work in a mining giant Access to decision makers in Singapore, and work with counterparts across the...


  • Singapore Rio Tinto Full time

    Senior Originator – CarbonWhy Explore Fantastic pioneering role to develop and execute our carbon offsetting strategy Significant role in contributing towards our 2025 and 2030 emission strategy Focus on nature based solutions Real meaningful and impactful work in a mining giant Access to decision makers in Singapore, and work with counterparts across the...

  • Trader

    2 weeks ago


    Singapore MIND ID TRADING PTE. LTD. Full time

    A. Job DescriptionManage any tasks that are related to the Base Metal Trader or assigned by the management/the company, such as:(a) Trading of Physical Base Metal (Procurement and sales)(b) Hedging (LME/SHFE)(c) Mark to market and exposure management(d) Reports and client management(e) Inputting data into the system for risk managementMaximise the Profit of...

  • Light Ends Trader

    2 weeks ago


    Singapore KAIROS OIL TRADING PTE. LTD. Full time

    Role DescriptionThe Light Ends Trader will be responsible for analyzing global market movements, developing and executing trading strategies, and managing trade risks. The role requires to monitor and manage the supply and demand of light ends such as gasoline, diesel, and jet fuel, using market knowledge and trade relationships to optimize the performance...

  • Intraday Power Trader

    2 weeks ago


    Singapore CENTRICA ENERGY TRADING PTE. LTD. Full time

    Roles & ResponsibilitiesDo you have what it takes to work in a fast-paced trading environment with ambitions to be the best?Centrica Energy Trading is a leading power and gas trading company that has a strong presence in Europe, with further plans to globally expand our business into the American and Asian markets. Currently, our European Intraday Power...

  • Trader

    2 weeks ago


    Singapore FENIX FUND MANAGEMENT PTE. LTD. Full time

    Summary / Purpose of Position:Trade a broad range of financial products on multiple exchanges using internally developedtrading models and state-of-the-art low latency technology. Research and develop new tradingstrategies to capitalize on anomalies in the market.Essential Duties & Responsibilities for this Position:Price and trade financial products across...

  • Trader

    2 weeks ago


    Singapore AMPOL MANAGEMENT SERVICES PTE. LTD. Full time

    **TraderTrading is a dynamic and exciting business. The factors that move price can range from basic supply vs demand economics to geopolitical and global political factors. A successful trader has a naturally inquisitive nature and strong commercial acumen. Events that move prices can happen at any time, as such, trading can be a 24/7 business that may...