Naphtha Trader

Travel required: Up to 25% travel should be expected with this role.

Job category: Supply & Trading Group

Relocation available: This role is not eligible for relocation.

Supply, Trading & Shipping (ST&S) has one of the world’s most developed commodity trading businesses with its distinctive expertise in trading, optimizing flows, handling price risk, and developing customer solutions. Organized into Global Commodity books, ST&S Global Oil has supply-trading teams in three regional hubs - Chicago, London, and Singapore.

ST&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 ST&S Asia Pacific (AsPac) business comprises third-party and entrepreneurial activities/trades.

ST&S Singapore office covers the AsPac region ranging from Southeast Asia to the Middle East, China, and Pacific. To support the business, ST&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 a Naphtha trader.

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

Key Accountabilities

You will be reporting to the regional Petchem book leader in Singapore and will be accountable for:

• Leading and building key Naphtha relationships (existing & new), partnerships & trading flows for the AsPac region together with the wider Naphtha 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.

Essential Education, Experience and Job Requirements

• Degree in a business, commercial or engineering subject area.
• Minimum 5 years of meaningful experience & validated successful track record in delivering commercial value.
• Solid understanding of oil & petrochemical markets and market fundamentals.
• Ability to interrogate, understand and feedback on analytics.
• Established commercial network within AsPac region in Naphtha markets.
• Strong entrepreneurial bias – ability and enthusiasm to identify and develop new business and deals independently (with support of wider team capability as the need arises).
• Understanding of paper derivative instruments for leading physical exposure.
• Knowledge of Naphtha 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 25% 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, 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.

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. If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.