Fuel Oil Trading Operator

Logistics

SINGAPORE-FRASERS TWR(SGP)

Singapore

The jobholder reports to the Trading Operations General Manager of the Singapore office and works in liaison with the trading operations in Geneva and Dubai, under the local supervision of the Managing Director of the Singapore office.
The jobholder will be assigned to the Fuel Oil desk.

**Job Dimensions**:

- International activity area on a definite geographical zone, in a team of products trading operators, within which the jobholder is the main contact between counterparts and the group for contracts execution.
- Being assigned in the Fuel Oil desk, the job holder will also focus on terminal storage and blending optimization.
**Activities**:

- In the frame of internal procedures, formalizing the Trading negotiations by drafting and sending of commercial contracts, having controlled the coherence and the feasibility of the negotiated issues. It implies a good knowledge of legal, financial and operational terms governing this type of contract.
- Evaluating/estimating all the costs derived from a transaction and communicating all operational data having a financial impact on Trading results (prices, hedges, freight, currency).
- Guaranteeing a satisfactory management of storage, blending and processing contracts (quantities /qualities /financial exposure).
- Coordinating logistics of all loadings/unloadings by sea and/or overland and avoiding/minimizing the various hazards/mishaps.
- Liaising with M&S entities to secure and optimize the supply of our TotalEnergies affiliates throughout East Africa, Asia, Far East-Pacific.
- Following up the vessels chartered by the Group (spot, COA or T/C) and optimizing, in connection with Trading/Shipping, the rotations and loading plans.
- Making sure that the vetting procedures for seagoing vessels and barges are respected (Group rule CR-GR-HSE-416).
- Nominating the service providers essential to the realization of the contracts (independent inspectors/agents) and controlling the accuracy and consistency of the obtained results.
- Obtaining financial guarantees from counterparts, controlling and/or amending them before cargo loading/unloading, in connection with the Credit department.
- Identifying the cause for the encountered operational problems and activating the procedures necessary to their solution in coordination with all involved participants (immediate superior/Trading/Legal/Insurers/etc), at mínimal costs and consequences to the Group.
- Liaising with Loss Control to handle Quantitative and qualitative issues.
- Invoicing customers and paying our suppliers’/service providers’ invoices.
- Securing, in coordination with Financial Department (Treasury, Credit, Financial Control, Accounting), the recovery of funds due (invoicing late payment interests).
**Objectives**:

- The jobholder will ensure proper execution of contracts.
- The jobholder is responsible for resorting to all required means to achieve the result anticipated by Trading, always in strict compliance with T&S and Group procedures and rules. The jobholder is autonomous in his decisions and has entire responsibility of operational means.
- Within the framework of Customers relationships and given the financial and political stakes, the jobholder optimizes the logistic and commercial flows allowing the complete satisfaction of customers.

**Context and environment**
- Commercial and political involvement - internationally - in the daily management of files.
- The jobholder is very much in demand in a continuous way throughout the year, both internally (Trading/Shipping) and externally (including public holiday and weekends).
- Interface and internal coordination between all involved departments (Trading, Treasury, Credit, Financial Control, Accounting, Shipping, Vetting, Demurrage).
- Handling potential conflicts of interests between the parties (terminals/customers/suppliers/Trading/Shipping).
- Bachelor’s degree with 3 to 5 years professional background in the field and specifically in the Fuel Oil terminal storage and blending optimization.
- Rigorous, reactive, team spirit, showing initiative, commercially minded, receptive, curious.

**Offer ID**

53651BR

**Metier**

General S/T Responsabilities, Terminal Operations, Transport

**Region, department, area**

Singapore

**Employment type**

Regular position

**Experience level required**

Minimum 3 years

**Employer company**

TotalEnergies Trading Asia Pte Ltd

**Branch**

Trading-Shipping

**Salary currency**

SGD