LPG Trader

Entity:

Trading & Shipping

Job Family Group:

Supply & Trading Group

Job Description:

Trading & Shipping (T&S) has one of the world’s most developed commodity trading business with its’ distinctive expertise in trading, optimizing flows, handling price risk and developing customer solutions.

Organized into Global Commodity books, T&S Global Oil has supply-trading teams in three regional hubs - Chicago, London and Singapore.

T&S focus is to support BP Group assets and to participate in major trade flows or hubs where supply-trading opportunities could be material. A major proportion of T&S AsPac business comprises third party and entrepreneurial activities / trades.

T&S Singapore office covers the Asia Pacific region ranging from Southeast Asia to Middle East, China and Pacific (AsPac). To support the business, T&S has set a few additional regional offices based in China, Japan, Indonesia, India and the UAE.

For our Singapore office, we are looking to hire an experienced LPG trader.

You will be helping to drive commercial strategy for the trading desk in the Aspac region by; originating new relationship & deals, performing trades, participating in various tenders and working closely with the other regional & global trading teams.

Key accountabilities:

You will report to the lead LPG trader in Singapore and will be accountable for:

• Leading and building key LPG relationships (existing & new), partnerships & trading flows for the ASPAC region together with the lead LPG trader and wider LPG team

• looking for trade optimization opportunities

• performing physical & paper trading & be accountable for the book PnL delivery plan;

• setting up strategic objectives for the longer-term business growth in the region

• Analysing the markets to identify the needs of the customers and suppliers & propose strategic partnership opportunities;

Education and Key requirements:

• Degree in a business, commercial or engineering field

• 5 years of min trading experience with relevant markets & validated successful track record in delivering PNL, leading commercial strategies.

• Solid understanding of oil & petrochemical markets (feedstocks, aromatics, olefins) and market fundamentals.

• Ability to interrogate, understand and feedback on analytics

• Ability to identify & calculate arbitrage economics.

• Established commercial network within Aspac region in LPG markets

• Strong entrepreneurial bias – ability and passion to identify and develop new business and deals independently (with support of wider team capability as required).

• Understanding of paper derivative instruments for handling physical exposure.

• Knowledge of petrochemicals sales, operations, logistics & contracts;

• Understanding broader risks of trading & its impacts on the company

Why join us?

At bp, we support our people to learn and grow in a diverse and challenging environment. We believe that our team is strengthened by diversity. We are committed to fostering an inclusive environment in which everyone is respected and treated fairly. There are many aspects of our employees’ lives that are meaningful, so we offer benefits to enable your work to fit with your life! These benefits can include flexible working options, paid parental leave policy among others!

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Travel Requirement

Up to 50% 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:

Agility core practices, Agility core practices, Agility tools, Analytical Thinking, Authenticity, Communication, Conflict Management, Creativity and Innovation, Decision Making, Digital Automation, Digital Collaboration, Digital Communication, Digital fluency, Digital Visualization, Diversity, equity and inclusion, Exposure Management, Group Problem Solving, Influencing, Listening, Market Knowledge, Negotiating value, Negotiation planning and preparation, Presenting, Statistics, Strategic Thinking {+ 5 more}

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 .

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.