Palm Oil Trader

2 days ago


Singapore SINGAPORE INTELLIGENT LOGISTICS TECHNOLOGY PTE. LTD. Full time
Job Description

SINGAPORE INTELLIGENT LOGISTICS TECHNOLOGY PTE. LTD. is seeking a highly skilled and experienced Palm Oil Trader to join our team. As a key member of our commodities trading division, you will be responsible for leading and managing trading activities and operations, with a comprehensive understanding of the nature of bulk commodity trading, including spot, futures, and supply chain trade financing.

Key Responsibilities:
  • Trading and Operations: Possess overall control capabilities of the entire chain of bulk procurement, funding, logistics, and sales services.
  • Market Analysis and Strategy: Manage the oil (palm oil, bean oil, canola oil, etc.) trading business with familiarity with overseas markets, formulate and implement the commodities trading policy, business plan, and budget, and achieve the company's annual business target.
  • Negotiations and Contract Management: Responsible for organizing and participating in negotiations and contract signings of important or bulk trade-related projects of the company, and organizing and supervising the execution of related business contracts.
  • Financing and Risk Management: Familiar with various financing models and structures, with certain product structure design capabilities. Able to independently complete bulk commodity trade financing work, develop trade financing customer resources, and organize and coordinate business relations with relevant financial institutions to expand business channels;
  • Market Research and Development: Track the market dynamics of the bulk commodity industry chain, actively explore business innovation models combined with resource advantages;
  • Global Market Awareness: Keep up to date with developments in the global market and react positively and creatively to international economic and political developments;
  • Business Development: Identifying and developing business opportunities in which the Group's infrastructure, reputation and financial strength can be used, for example in strategic alliances, investment opportunities, acquisitions and partnerships with producers, processors, and consumers;
  • Trade Financing and Support: Assist independently or cooperatively in conducting bank credit, factoring facilities and other trade-related financing works. to support the structural financing needs of bulk trade.
  • Customer Relationships: Build relationships with important customers in China and the counterparties in Singapore;
  • New Business Opportunities: Develop new business opportunities to capture the demand growth in Southeast Asia, Singapore and Malaysia;
  • Reporting and Analysis: Work-related weekly and monthly reports.
Requirements:
  • Experience: More than 5 years of oil trading experience (palm oil, bean oil, canola oil etc);
  • Language Skills: Fluent English, and Chinese language skills, including speaking, listening, and writing;
  • Industry Experience: Experience working with a large oil company, a commodity trading company, experience a Chinese state-owned enterprise is preferred.
  • Communication Skills: Excellent communication skills to involve parties concerned including but not limited to customers, suppliers, team members in both Singapore and China so as to achieve the organization's annual target;
  • Creative Thinking: Creative thinking to develop a new business and expand the activities;
  • Team Building: Willing to work with a new set up team and having experience building up a new team;
  • Problem Solving: Able to take stress caused by the volatile market movement as well as toughness to solve the problem;
  • Analytical Skills: Analytical skills and logical thinking are needed to understand fundamentals and make the right decision in the complex market, which comes with a lot of moving factors.

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