LNG Physical Trader

Posted 30 March 2023
Job type Permanent
DisciplineOil & ChemicalsNatural Resources

Job description

We are working on behalf of a leading oil major who are currently looking for an experienced LNG trader to join their team in Singapore.
  • Negotiates, manages and executes trades in physical markets which enable the business to maintain portfolio balance within internal risk and deal approval limits
  • Coordinates the involvement of expert advice (e.g. legal, risk, financial) in the analysis and development of trading proposals such that value can be maximized and risks mitigated
  • Lead contract negotiations with counterparties which achieve the commercial objectives approved by senior management
  • Maintain and verify accurate trade entries, monitor profit and loss, and prepare market reports.
  • Make sensible revenue-generating decisions on the optimal purchase timings, quantities and delivery modes based on sound judgement and justified recommendations.
  • Develop and execute successful negotiation strategies for closing short and long-term profitable LNG deals for the organization.
  • Conduct market analysis to identify trends, opportunities, and risks in the LNG market, including monitoring supply and demand dynamics, regulatory changes, and geopolitical factors that could impact LNG prices
  • Analyses portfolio optimization opportunities both via internal portfolio changes and via external trading opportunities to increase P&L and/or reduce risk
Required experience
  • A bachelor’s degree in a technical discipline related to the gas industry or in a finance/economics related subject
  • Exposure to the full range of functions of a gas trading desk including leading negotiations with counterparties. Proven track record of working on an LNG Trading desk
  • Highly numerate able to conduct complex economic and financial modelling
  • Experience of working with Commodity/Energy Trading and Risk Management (C/ETRM) systems to represent intricate commodity positions.
  • Entrepreneurial, profit focused individual and able to perform under intense pressure in a fast-paced environment
  • Decisive individual with excellent analytical skills who possesses exceptional attention to details, especially with numbers
If you believe this opportunity is right for you, please send your CV by using the “Apply Now” button below.  
To view similar opportunities or express interest in related positions, please visit our website www.aurexgroup.com and follow us on LinkedIn https://lnkd.in/fgAWEBa  
Aurex Singapore Pte. Ltd. | EA 18S9493 | Jacobs Ademola Sami | R2092031