Distillates Trader

2 days ago


Singapore PHILLIPS 66 INTERNATIONAL TRADING PTE. LTD. Full time
Job Summary

We are seeking a highly skilled Distillates Trader to join our team at Phillips 66 International Trading Pte. Ltd. As a key member of our Singapore Clean Products Trading team, you will be responsible for identifying and capturing distillates trading opportunities to generate profit, both regionally and globally.

Key Responsibilities
  • Contribute to the team's annual profit objectives by developing and implementing trading strategies to capture value from distillates markets.
  • Optimize the use of storage positions to maximize profit.
  • Complement physical trading with financial/derivatives trading to add value from market knowledge.
  • Cultivate and enhance targeted counter-party relationships to expand Phillips 66's market presence and increase trading potential.
  • Negotiate with counter-party traders to successfully conclude distillates transactions.
  • Work with traders from Phillips 66 trading offices across the globe to develop and maintain an understanding of Phillips 66's global distillates trading activities.
  • Accurately enter distillates deals into the deal capture system.
  • Collaborate with mid and back-office support teams to ensure accurate reporting of positions.
Requirements
  • Bachelor's Degree or higher.
  • 10+ years of energy industry experience, including at least 5+ years of distillates trading experience.
Preferred Skills
  • Experience trading distillates in the Asia Pacific region, both physical and financial trading.
  • Comfortable trading in an environment with limited guidance.
  • Knowledge of global distillates trade flows and in-depth understanding of arbitrage economics.
  • Understanding of pricing and volume exposures and tools/strategies for managing risks.
  • Entrepreneurial skills and strong negotiating skills.
  • Knowledge of distillates cargo operations and marine markets.
  • Knowledge of regional distillates logistics and terminals.
  • Advanced computer spreadsheet skills.
  • Results-oriented with ability to think and act decisively and independently under changing circumstances.
  • Excellent teamwork, interpersonal, and communicative skills with persons of other business cultures.

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