Trading Operations Executive - Crude Oil

at  BP

Singapore, Southeast, Singapore -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate24 Jun, 2024Not Specified25 Mar, 2024N/AMentoring,Troubleshooting,Demurrage,Strategy,Cost ManagementNoNo
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Description:

JOB DESCRIPTION:

bp Trading and Shipping – Refining and Products Trading (T&S RPT) 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. Using on our unique expertise and insights, we are 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. T&S RPT supports other bp businesses by providing a driven 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. T&S RPT’s vision is to grow the 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. T&S RPT is a multifaceted environment as it is market driven and at the forefront of bp’s commercial activities.
You will be part of the larger Trading Operations team and reporting to the Team Lead, Crude Operations for T&S RPT. The bench strives to extract maximum value through effective stock inventory management and timely scheduling of deliveries to end receivers, as well as optimizing cargo matching and tanker berthing/delivery schedule. These operational objectives are aligned with our bp Values & Behaviors, which are to be achieved with no compromise to bp’s operating standards.
Key Accountabilities
Ensuring all operations activities are conducted in compliance with relevant HSSE and operating standards
Working closely with bp Shipping to ensure that the business aligns with Group Marine Policy
Collaborating with the Finance & Risk teams to provide assurance and control on trading processes and procedures
Scheduling the movement for Crude, and efficiently coordinate and optimize operation
Maintaining timely and accurate records in the relevant systems
Working with the traders, originators and marketers to implement new trading/marketing strategies and enhance the value of existing strategies
Collaborating with the regional offices on operational decisions & resolution of issues
Supporting ancillary invoice and payment processing to shipowners, service providers and surveyors
Proactive management and recovery of demurrage and ancillary costs
Developing, maintaining and enhancing the relationships with third parties / companies / associates, including terminals, shipping companies, surveyors, and Marketing businesses
Providing market intelligence to support analytics, marketer and traders’ understanding of market activity
Supporting local or group initiatives and projects, as required, that enhance value
Essential Experience and Job Requirements
Operational experience with a consistent track record of delivering commercial value
Ability to implement the compliance & HSSE requirements relating to operations
Supply and logistics knowledge with experience in handling tank storage, pipeline scheduling and truck deliveries
Solid understanding of domestic processes and documentation
Strong Analytical Skills and Commercial Awareness
Strong teammate, proactive and assertive
Strong interpersonal skills and able to build and maintain successful relationships
Strong Communication skills

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

Responsibilities:

Please refer the Job description for details


REQUIREMENT SUMMARY

Min:N/AMax:5.0 year(s)

Logistics/Procurement

Purchase / Logistics / Supply Chain

Logistics

Graduate

Proficient

1

Singapore, Singapore