Commodities Broker

2 weeks ago


Singapore Mcquilling Energy Brokerage Asia Pte. Ltd. Full time

Job Descriptions:

  • You shall work as a team to develop new accounts and serve existing customers in fuel oil, middle distillates (Gasoil), or Petrochemical products
  • Interaction with traders and handle negotiations of both parties (seller and buyer) concerned
  • Assisting in developing and implementing marketing strategies to increase market share in brokerage commissions
  • Participating in annual energy conferences to meet/interact with oil traders and Platts/Reuters/Other reporters to cultivate relationships and gather information
  • Communicating and increasing awareness to improve the Company's profile and branding in the marketplace
  • Conducting market research, tracking market movements, following the financial news, analyzing and understanding the behavior of trade of the oil and gas in the market/industry
  • Developing and maintaining a portfolio of customers' contacts, and updating changes
  • Maintaining relationships with existing clients and making contact with potential clients to develop new business prospects
  • Visiting or meeting clients regularly face-to-face to create rapport, gather information, and understand their requirements
  • Entertaining clients for relationship building and networking
  • Arranging and facilitating the trades done and input transactions into clearing house systems such as ICE, CME, or SGX portals
  • Learning and understanding the physical cargo broking of petrochemical/fuel oil/bunker products, energy swap/futures business, and how trades are made to facilitate broking of such aforementioned products
  • Working closely with Administration staff to ensure quality processes for new client onboarding and complete documentation are maintained for billing, recording, and collection.

Requirements

  • Candidate must possess at least a Bachelor's Degree in relevant fields.
  • Experienced in energy/commodities broking eg. fuel oil, middle distillates, or petrochemical.
  • Have at least 1 year of physical/OTC swap broking or trading/business development experience.
  • Have good people and relationship-building skills with traders. Added advantage if have accounts.
  • A highly energetic, motivated individual, and enjoys doing sales and business development.
  • Able to work effectively within a team.
  • Strong analytical ability and problem-solving skills.
  • Fluent in English and added advantage if multi-lingua (European or Asian) to deal/liaise with European or Asian overseas clients.

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