Phillips 66 Crude Oil Trader in Singapore, Singapore
Crude Oil Trader
Phillips 66 & YOU - Together we can fuel the future
Phillips 66 has more than 140 years of experience in providing the energy that enables people to dream bigger and go farther, faster. We are committed to improving lives, and that is our promise to our employees and our communities. We are sustained by the backgrounds and experiences of our diverse teams, which reflect who we are, the environment we create and how we work together. Our company is built on values of safety, honor and commitment. We call our cultural mindset Our Energy in Action, which we define through four simple, intuitive behaviors: We work for the greater good, create an environment of trust, seek different perspectives and achieve excellence. Phillips 66 was recognized by Forbes as one of “America’s Best Employers” in 2021.
Learn more about Phillips 66 by visiting phillips66.com/about.
Reporting to Manager, Crude Oil Trading, the Crude Oil Trader will work with the Singapore Crude Oil Trading team to identify and capture crude oil trading opportunities to generate profit, both regionally and globally as part of the Global Crude Trading team.
Contribute to the Singapore Crude Oil Team in realizing annual profit objectives.
Pro-actively identify, develop and implement trading strategies to capture value from crude oil markets
Cultivate & enhance targeted counter-party relationships in order to expand Phillips 66 market presence and increase trading potential
Negotiate with counter-party traders to successfully conclude crude oil transactions
Work with traders from Phillips 66 trading offices across the globe to develop and maintain an understanding of Phillips 66 global crude oil trading activities to capture value as part of the global team
Accurately enter crude oil deals into our deal capture system
Work with mid and back-office support teams to ensure accurate reporting of positions
Bachelor’s Degree or higher
5+ years of relevant experience in the energy industry
PREFFERED SKILLS/ COMPETENCIES:
Experience trading crude oil in the Asia Pacific region, both physical and financial trading (including PG and regional grades)
Comfortable trading in a “blank sheet of paper” environment
Knowledge of global crude oil trade flows and understanding of arbitrage economics
Understanding of pricing and volume exposures and tools/strategies for managing risks
Entrepreneurial skills and strong negotiating skills
Knowledge of crude oil cargo operations and marine markets
Knowledge of regional crude oil logistics and terminals
Advanced computer spreadsheet skills
Results oriented with ability to think and act decisively and independently under changing circumstances.
Excellent teamwork, interpersonal and communicative (speaking and writing) skills and often with persons of another business culture
Ability to work in a fast-paced environment with irregular hours
Phillips 66 International Trading Pte Ltd adopts the Tripartite Standards and is committed to be a fair and progressive employer.
Job Ref: 140795