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Trading Operator

bp · Singapore · Full-time

Posted yesterday

Quick Summary

  • Ensuring all operations activities comply with HSSE and operating standards.
  • Scheduling the movement of petroleum products to the customer.
  • Monitoring stocks at the terminals and maintaining accurate records.

Full Description

Entity:

Supply, Trading & Shipping


Job Family Group:

Supply & Trading Group


Job Description:

Supply, Trading & Shipping, Asia Pacific and Middle East (ST&S APME) is the supply and trading arm of bp and is our face to the traded markets for oil, gas, power, refinery and chemical feedstock and currencies. Leveraging on our outstanding expertise and insights, we are the leading buyer and seller of spot cargoes, with a focus on responsiveness and the introduction of new products to keep the world’s energy moving. ST&S APME supports other bp businesses by providing a competitive supply and trading function that covers Oil, Chemicals, Power and Gas as well as a suite of risk management tools. Our trading business delivers gross margin through our entrepreneurial trading activities and the optimization of blending and shipping operations. ST&S APME’s vision is to grow the Eastern Hemisphere supply and trading business into an industry-leading organization that is not only profitable and safe but also one that respects the environment and communities that we operate in. ST&S APME is a dynamic environment as it is market driven and at the forefront of BP's commercial activities.

We are seeking an applicant to fill the position of Trading Operator, based in Singapore. The successful candidate will be part of the larger Trading Operations team and reporting to the Team Lead, GDIST – Fuel Oil. The bench strives to extract maximum value through commercial execution of the physical contract, effective stock inventory management, timely scheduling of deliveries to end receivers, as well as optimizing cargo matching and tanker berthing/delivery schedules. These operational objectives are aligned with our BP “Who we are” framework, which are to be achieved with no compromise to BP’s operating standards.

Key Accountabilities

The successful candidate will be a member of the Trading Operations team. The successful candidate will be managing Fuel Oil Operations will work closely with the Traders, the Finance teams, bp Shipping, and various functions across ST&S APME and will be responsible for:-

  • Ensuring all operations activities are conducted in compliance with relevant HSSE and operating standards

  • Working closely with BP Shipping to ensure then the business aligns with BP Shipping policy

  • Coordinating with Contracts, Trade Control, Financial Operations and Credit teams to provide assurance on trading processes and procedures

  • Scheduling the movement of petroleum products to the customer

  • Maintaining timely and accurate records in the relevant systems

  • Monitoring stocks at the terminals

  • Working with traders to implement new trading strategies and improve the value of existing strategies

  • Proactive management and recovery of demurrage and oil loss costs

  • Developing, maintaining and improving the relationships with third parties/companies/associates, including terminals, shipping brokers, surveyors and Marketing businesses

  • Providing market intelligence to support analytics and traders’ understanding of market activity

Essential Experience and Job Qualifications:

  • Ability to implement the compliance & HSSE requirements relating to operations

  • Strong Interpersonal skills and able to build and maintain successful relationships

  • Strong communications skills

  • Strong Teammate, proactive and assertive

  • Knowledge of domestic processes and documentation preferred

  • Analytical skills and commercial awareness preferred

  • Prior working experience in a trading operations environment would be an advantage

  • Prior knowledge in heavy distillates would be an advantage

Desirable Criteria and Qualifications

  • Knowledge of the energy trading industry preferred

  • A university degree or equivalent experience or diploma holder preferred, but specific educational profile is less important than behaviours and a strong track record of high performance and contribution


Travel Requirement

Up to 10% travel should be expected with this role


Relocation Assistance:

This role is not eligible for relocation


Remote Type:

This position is a hybrid of office/remote working


Skills:

Ancillary cost management, Commercial Acumen, Communication, Competitor intelligence, Customer service delivery excellence, Demurrage, Developing and implementing strategy, Group Problem Solving, Influencing, Inventory Management, Listening, Marine assurance, Mentoring, Negotiating, Shipping/transport, Supply chain management, Trade discipline and compliance, Trading and scheduling operations, Trading Fundamentals, Sentiment and Trends, Trading knowledge, Troubleshooting, Voyage operations


Legal Disclaimer:

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.

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