Fuel Oil/Cargo Broker

Title: Fuel Oil / Bunker Broker (Physical)
Contract type: Permanent
Location: Singapore
Salary: Draw plus Commissions
Retained & Exclusive Vacancy 

Imperium Commodity Search has been retained by a market-leading Global Commodity IDB/FCM continuing its expansion within APAC, we are working in partnership with the firm to seek an experienced Fuel Oil / Bunker Broker to lead the development in establishing a presence within the Physical markets for the group within Asia, this will complement their international presence in the Paper / Derivative Fuel oil and related markets (Crude, Fuel Oil, Gas Oil, Refined products, MGO etc). Whilst the firm has a dominant business across Physical and Derivative Energy markets from Crude through to Renewables, they continue their ambitious growth plans into new sectors. Supported by market-leading technology, ability to cross sell and up sell through the firm’s execution, clearing and trading facilities providing a fantastic platform to leverage and build this desk by utilizing the existing market flow through multiple desks across the globe.

Responsibilities: 

• Responsible for developing the Physical Fuel Oil markets for the group in Singapore, working closely with the Derivatives Fuel Oil desk across the US, London, and Singapore to link the Physical business with the derivative flow.
• Build market relations within the Fuel Oil, Cargo, Bunker, and related markets (Gasoil, MGO, ULSD, VLSO, Crude, Refined Products, Crude) with Majors, Refiners, Shippers, Trading houses, Producers within the APAC region.
• Provide Voice/Electronic execution services, facilitating physical Trades within the Fuel Oil, Cargo, and Bunker markets.
• Produce accurate market data reports and pricing reports for customers and third parties, ability to cross reference analysis from research houses and platforms such as Reuters, Bloomberg etc.
• Ability to promote and cross sell the company’s services such as 24hr execution desk, Clearing facilities, best of class trading and analytical platforms.
• Identify new business areas within the Fuel Oil, Cargo and Bunker markets working closely with the global desks within the group Derivative products to increase product offerings and physical market access.

Experience:

• 5+ years’ experience in a broking / brokering capacity within an IDB/FCM/Physical shop covering the Fuel Oil, Bunker, or Cargo markets
• Strong market relations with suppliers, Refiners, Producers, End users, Trading houses, Oil Majors, Ship Operators within the APAC region and globally.
• Understanding of Trading strategies and market flows for Fuel Oil and related sectors (Gas Oil, Crude, Refined Products, MGO, ULSD, VLSO etc)
• Proven record of developing new business, ability to work closely with senior management and counterparties in establishing a new desk and Markets.
• Track record in producing strong revenue flows within the Fuel Oil Products market with transferable portfolio of business.
• Located in Singapore (Or willing to relocate)

The energy brokerage business in certain sectors is a small one, and we understand the need for confidentiality in conversations.  To arrange an in-confidence discussion with the managing consultants on this account, please contact either Josh Clark or Mark Taylor on josh.clark@imperiumcs.com or mark.taylor@imperiumcs.com