Derivatives Trader

3 weeks ago


Singapore Unipec Singapore Pte. Ltd. Full time

Responsibilities

  • Develop hedging plans to support physical traders to manage market risks
  • Support the commercial/trading team to manage physical exposures, hedge and trade in the LNG and Oil Products markets
  • Generate value to the LNG and Oil Products desk
  • Work closely with Unipec Beijing HQ Paper Trading team and responsible for the daily report to Unipec Beijing HQ to facilitate audit checks performed by respective China government agencies and/or Sinopec HQ
  • Work closely with the commercial/trading team to continuously improve the overall business performance
  • Strict adherence to compliance on company risk management policies and procedures and maintain highest standard of safety and ethics
  • Preparation of internal reports of paper trading for management review
  • Support ad-hoc duties as assigned

Requirements

  • At least 5 years of Paper Trading experience in the gas/LNG/Oil Products industry
  • Strong knowledge and understanding of China Financial Derivatives related management policies and requirements
  • Familiar with Sinopec Group Financial Derivatives business management measures and implementation requirements an added advantage
  • Familiar with Sinopec/Unipec's relevant management policies and measures for counterparties and brokerage institutions an added advantage
  • Fluency in spoken & written Chinese, with the ability to comprehend written documents and ability to write professional business reports
  • Strong quantitative skills
  • Experienced with Bloomberg, Platts, Wood Mackenzie platforms
  • Proficient in Microsoft Office (Excel, PowerPoint) and data-management systems
  • Excellent interpersonal skills, proficient at working with individuals from diverse background works well with physical traders and internal/external stakeholders
  • Good analytical, problem-solving, presentation and communication skills
  • Able to maintain a high level of confidentiality and proficient at adapting quickly to changing situations


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