Fuel Oil Trading Manager
Aurex Group
- Singapore
- Permanent
- Full-time
- Develop and implement trading strategies to optimize fuel oil trading activities and achieve business objectives.
- Monitor market trends, analyze supply and demand dynamics, and identify trading opportunities in fuel oil markets.
- Execute trades, negotiate contracts, and manage relationships with suppliers, buyers, and trading counterparties.
- Lead a team of fuel oil traders, providing guidance, coaching, and support to achieve trading targets and drive team performance.
- Collaborate with cross-functional teams, including operations, logistics, and risk management, to ensure efficient execution of trades and compliance with regulatory requirements.
- Evaluate and manage risks associated with fuel oil trading activities, including price risk, credit risk, and operational risk.
- Develop and maintain strong relationships with key stakeholders, including refineries, suppliers, customers, and regulatory authorities.
- Stay informed about industry developments, regulatory changes, and emerging trends to inform trading strategies and business decisions.
- Prepare regular reports, presentations, and analysis on fuel oil market trends, trading performance, and business metrics for senior management.
- Bachelor's degree in Finance, Economics, Business, or a related field; Master's degree preferred.
- Minimum of 7-10 years of experience in fuel oil trading, with a proven track record of success in international markets.
- Deep understanding of fuel oil market fundamentals, including pricing mechanisms, supply chains, and trading logistics.
- Strong leadership abilities, with experience managing teams and driving results in a fast-paced trading environment.
- Excellent analytical skills, with the ability to interpret market data, identify trends, and make informed trading decisions.
- Excellent communication, negotiation, and interpersonal skills, with the ability to build and maintain relationships with internal and external stakeholders.
- Proficiency in trading platforms, risk management tools, and financial analysis software.
- Knowledge of regulatory requirements and compliance standards related to fuel oil trading activities.
- Ability to thrive in a dynamic and collaborative work environment, with a passion for innovation and continuous improvement.