
Fuel Oil Operator
4 days ago
**The Company**:
Aramco Trading was established as Saudi Aramco’s trading arm in 2011 under the approval of Saudi Aramco’s Board of Directors. It established its headquarters in Al-Midra Tower in Dhahran, Saudi Arabia and have 4 other global offices in London, Singapore, Fujairah and America. With four offices currently operating worldwide, Aramco Trading has broader access to markets, a wider client base, a more talented and diversified workforce, and a more sophisticated and integrated global business model. Today, the company is recognized globally as a critical trading partner for refiners, shipping companies, financial institutions, end-users, and other product-trading companies. The company trades across the barrel including Crude, Middle distillates, Light distillates, bulk petrochemicals, and polyolefin.
Supporting market growth and the integration of downstream assets, Aramco Trading Singapore (ATS), commenced its trading activities in July 2018. ATS’ focus is on integrating Saudi Aramco’s downstream assets in Asia and expanding third-party trading by focusing on naphtha and, more
recently, LNG.
**The Function**:
Responsible for smooth and efficient logistics movement through organising, managing and tracking
physical product movements.
**Key Accountabilities**:
- Organize, manage, track and balance physical product movements based on the supply and demand plan
- Implement the strategy, policy, procedures and targets of the Operations group
- Move products from source to transfer point
- Liaise with ship-owners / brokers for ship availability and shipping freight for product
- Create schedules and nominations based on supply and demand schedule and stock inventory
- Ensure ships meet statutory regulations
- Ensure availability of quality certificates and test samples
- Confirm actual product volumes
- Work with trader and charterer to adjust scheduling when unplanned events occur
- Work closely with trader to provide smooth operations support
- Focus on transport economics, min/max load balances and inventory optimization, by using analytical models and tools
- Perform analysis of the transportation means, ensuring that the product can be moved efficiently. Contact the deal owner for resolution if there are constraints
- Coordinate with inspectors and terminal authorities for product movements
- Query prior months and manage the base operational plan
- Analyse and highlight logistics constraints and opportunities
- Coordinate with trading and accounting for month-end close activities
- Coordinate book-outs and nets-outs with counterparts as necessary to minimize delivery risk
- Understand and proactively manage demurrage risks
- Generate Inventory, forecast and schedule reports
- Update and maintain the ETRM (enterprise trading and risk management) system with operations and scheduling information related to the products being handled, such as scheduling, nominations and actuals
**Requirements**:
- Minimum 3 years of direct relevant experience in cargoes operations
- Strong organizational skill
- Strong communication and interpersonal skill
- Possess good understanding of marine chartering and its commercial impact; market trends/drivers of competitor markets; terminals; logistics and refinery operations; marine transportation of product; product specifications and grades; supply/demand fundamentals of physical market; refining system; marine operations; third-party system parameters; standard terms and conditions of contracts; understands the value of variations in specification, timing, and volume, tariffs, taxation, exchanges, storage terminals, blending, testing methodology/repeatability, inventory management
**Application**:
Do you have what it takes? If you are keen to grow your career with a leading energy company, this is the role for you.
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