Global Freight Trading Analyst

**The Role**:
**Where you fit in**

The Global Freight Trading Analyst position offers the opportunity to join Shell Global Products Freight Trading Team with its challenging, dynamic and fast paced Physical & Paper Freight Trading business environment. The role also offers the ability to develop cutting edge, innovative analysis models to gain the most accurate forward view of the products freight market.

**What’s the role?**

Accountabilities:
**Freight Trading Physical Analysis**
- Leverage on Shell T&S Strength to consolidate STMA, Oil Trading, Chemicals Trading data and produce fundamental analysis of physical freight trading per vessel segment.
- Leverage on external Freight analytical tools for ship counting / tracking for LR2/LR1/VLGC segment.
- Worldwide fleet balancing tracking & Trend analysis.
- Join weekly LR/MR/Chemicals/VLGC book calls to provide analytical update.
- Work as a team with STASCO based Freight analyst for global Freight analytical initiatives with primary focus on East of Suez markets.

**FFA Derivatives Analysis & Execution**
- Develop TC5, TC17 predicting model.
- Incorporating Refining Margins, Cracks forward curve, Fixing Pace, Main Oil Arbitrage projection and other fundamental factors into FFA recommendations.
- Co-Run and contribute to the weekly Cross-Book FFA calls.
- When requested, cover TC5, TC17 FFA trading activities under Senior FFA traders supervision
- Develop methodology on Implied shorts exposure calculation.
- Manage LR/MR implied shorts exposure together with the trading team.
- Interact with Oil desks to generate/aggregate T&S FFA internal interest.
- Work as a team with STASCO based freight analyst for SPEC FFA trading analysis.
- Enrolled in traders readiness program and upon graduation, be able to trade/execute FFAs independently.

**Risk Reporting**
- Work closely with Global Market Risk Team.
- Develop freight specific var methodology by working with Book Leads and Risk Team.
- Support freight book with no forward FFA curve to develop ways of quantifying forward value into economic P&L.

**Bunker Hedge**
- Interface with Crude EED team and FO trading team on their latest market view.
- Work closely with STASCO based freight analyst and all global book leads on overall Bunker Hedge Strategy/execution.
- Work as a team to further improve/develop technical analysis.

**Physical Freight Chartering/Operations (optional)**:

- Act as cover for CPP/Chemicals charter-in activities when required (this can only be performed under senior traders supervision).

**What we need from you**
- Possess at least 5 to 10 years in Commodity / Freight Trading analysis
- Background in Tanker/Chartering and Oil & Gas is advantageous.
- It is essential that you can show you are a self-starter and can work well as part of a team.
- An awareness / understanding of paper instruments utilized for hedging and speculative trading would be valuable.

**Company Description**

Shell is one the largest foreign investors in Singapore and began operations in 1891. Today, we have more than 3,200 employees in Singapore alone. The Pulau Bukom Manufacturing Site today is the largest Shell refinery in the world in terms of crude distillation capacity, which makes Singapore a key regional supply and trading centre for Shell in the East. Singapore is the largest petrochemical production and export centre in the Asia Pacific region. Shell Jurong Island (SJI) manufactures petrochemicals to meet the fast-growing demand for these products in the region. We also have one of the largest single-branded retail networks in Singapore, providing customers with a wide range of quality products and services. When you join Shell in Singapore, you can count on our commitment to help you thrive and propel your career by means of our industry-leading development programme and our available and unrivalled pool of local and global experts. Our numerous global and local skill pools as well as our diversity are key to our success and continuing innovation.

**An innovative place to work**

There’s never been a more exciting time to work at Shell.

Join us and you’ll be adding your talent and imagination to a business with the ambition to shape the future - whether by investing in oil, gas, and renewable energy to meet demand, exploring new ways to store energy, or developing technology that helps the world to use energy more efficiently, everyone at Shell does their part.

**An inclusive place to work**

To power progress, we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways we are nurturing an inclusive environment - one where you can express your ideas, extend your skills, and reach your potential.
- We’re creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply, and we’ll take