Operational Trading Specialist
7 hours ago
Job Overview
The Operational Trading Specialist will play a pivotal role in the YULONG PETROCHEMICAL (SINGAPORE) PTE. LTD. team, working closely with traders to ensure seamless operations and trade execution.
About the Role
This position involves overseeing contract preparation, managing crude oil trading and logistics, monitoring trade life cycles, liaising with trade finance regarding letters of credit, and reconciling voyages and storage to identify discrepancies.
Key Responsibilities
1. Collaborate with traders to prepare deal reports after trader confirmation.
2. Review supplier contracts, prepare sales contracts, and ensure all necessary departments have reviewed and approved them in a timely manner.
3. Communicate with HQ for loading and discharge requirements, ensuring compliance and on-time completion.
4. Liaise with suppliers and surveyors to convey HQ requirements and ensure smooth processes.
5. Clear vessels, send documentary instructions, appoint surveyors, and track physical cargo movement, ensuring timely loading and discharge.
6. Manage credit terms, such as LC, prepayment, or PCG, to avoid delays and communicate effectively with Trade Finance and suppliers.
7. Update cargo files and ETRM systems to maintain accurate information.
Requirements
1. Bachelor's degree in Business Administration, Supply Chain Management, Finance, or a related field.
2. Familiarity with ETRM systems and trade life cycle management, comprehensive understanding of contracts, trade finance, and letters of credit.
3. Minimum 3 years of experience in operations management, particularly within the trading or oil and gas industry, with a strong understanding of crude oil logistics and trading processes.
4. Proven ability to work collaboratively in a fast-paced environment and lead cross-functional teams to achieve operational goals.
5. Ability to manage multiple tasks and maintain accuracy while reconciling voyages and storage to identify discrepancies.
6. Competency in Mandarin to effectively liaise with native Mandarin-speaking stakeholders and understand Chinese documents.
Estimated Salary: $120,000 - $180,000 per annum
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