Crude & Fuel Oil Trader

2 weeks ago

Singapore HYUNDAI OIL SINGAPORE PTE. LTD. Full time

**[ Responsibilities ]
1. Refineries Procurement
- In charge of the procurement of Crude Oil that Hyundai refineries need and performing activities to maximize

margins for the systems.
- PG, far-east, regional sweets are targeted and arb cargoes as well
- PG cycle tracking and periodical provision of current market level
- Finance support strongly required such as LC work and line of credit management
- To explore opportunity grades and to study on stream change
- Good understanding on relevant Korean tariff laws

2. Maintain good biz relations with suppliers and buyers and show biz opportunities
- keep good channels of suppliers and communicate with them in various ways

3. Business Support/Compliance
- Provide other traders with fundamental market information
- Abide by all internal and external regulatory requirements and limits

4. Fuel Oil Trading
- Global feedstock purchasing (HSSR/LSSR/VGO/slurry etc.) with vast knowledge on FO market
- Finished product procurement such as RMG LS/HS etc.
- To explore feedstock in Asia Pacific along with overseas branches (London/Houston etc.)
- Good understanding on relevant Korean tariff laws/RCEP

5. Coordination with bunker trading Team in Seoul for trading optimization
- To export VLSO or component as well as procurement of them as needed
- Maintain close communication with HQ for accommodating system requirements and refining

activity changes

6. Furnish Trading Activity / Market Intelligence Reporting on a daily basis as required
- Produce strategy reporting periodically and as required

7. Maintain good biz relations with suppliers and buyers and show biz opportunities

**[ Requirements ]
- Minimum 5 years of experience in Crude Oil and Fuel Oil market.
- Proficiency in Microsoft Office (especially for Excel)
- Extensive knowledge in Oil Market, cargo operation, freight chartering and storage operations etc.
- Excellent Team player and Leadership
- Flexible, proactive, creative mind, result-oriented, and customer-focused.

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