Details
Job Title
Petrochemicals Trader - Shanghai
Reference
Other
Job Description
SENIOR PETROCHEMICALS TRADER
The Senior Petrochemicals Trader reports to the Global Head Petrochemicals and will be supported by a Junior Trader/Analyst.
Accountable for all Chinese and Asian trading of petrochemicals and polymers both financially and physically including sourcing, exchange trading, market making, proprietary trading and providing external and internal client hedging instruments such as swaps, futures and physical fixed price supply.
Core Accountabilities:
Responsible for all Petrochemical trades in China
Managing the positions, reporting and trading PnL
Trading Dalian exchange Polyethylene & PVC, Polypropylene futures
Trading Zhengzhou exchange PTA, Methanol
Trading spreads above polymers to naphtha & LPG in region
Managing the day to day relationship between the Exchange, Brokers & Physical warehouse
Manage the account /counterparty set up in China and Asia
Work with Global Petrochemical team in establishing arbitrage trades from USA/EU/AG
Mange the Junior Petrochemicals trader/analyst in Shanghai
Assist in the exploration of PET and Aromatics trading in China and Asia
Grow relationships with counterparties, brokers, and new clients in region
Provide trading and market reports on daily/weekly basis to the global Petrochemicals team
Qualification:
University Education
MBA will be advantageous
Experience & Technical Competencies:
Significant years in financial trading of commodities/natural resources products in China or in Asia, OTC/Exchange required
Leadership with experience of operating in a diverse multicultural, multi geography teams and complex business environments
Customer management
Risk Management skills Var, Risk
Mathematical & Financial Modeling skills
Petrochemical understanding will be advantageous but not necessary
Behavioral & Leadership Competencies:
Analytical Skills
Strong Non-Technical Communication
Strong Interpersonal Skills
Practical Results Focused
Good Team Player
Leadership Ability
Result Orientation
Clients Oriented
Languages:
Fluent in both English and Chinese
Location:
Shanghai, China
Location
Other