The Company:
Aramco Trading was established as Saudi Aramco’s trading arm in 2011 under the approval of Saudi Aramco’s Board of Directors. It established its headquarters in Al-Midra Tower in Dhahran, Saudi Arabia and have 4 other global offices in London, Singapore, Dubai and America. With five offices currently operating worldwide, Aramco Trading has broader access to markets, a wider client base, a more talented and diversified workforce, and a more sophisticated and integrated global business model.
Today, the company is recognized globally as a critical trading partner for refiners, shipping companies, financial institutions, end-users, and other product-trading companies. The company trades across the barrel including Crude, Middle distillates, Light distillates, bulk petrochemicals, polyolefin and recently clean energy like LNG, Emission and Biofuels.
Aramco Trading Singapore (ATS) is the largest subsidiary out of the kingdom and is actively trading within the region and globally across all products since 2018.
The Function:
Responsible for smooth and efficient logistics movement through organising, managing and tracking
physical product movements.
Key Accountabilities:
· Organize, manage, track and balance physical product movements based on the supply and demand plan
· Implement the strategy, policy, procedures and targets of the Operations group
· Move products from source to transfer point
· Liaise with ship-owners / brokers for ship availability and shipping freight for product
· Create schedules and nominations based on supply and demand schedule and stock inventory
· Ensure ships meet statutory regulations
· Ensure availability of quality certificates and test samples
· Confirm actual product volumes
· Work with trader and charterer to adjust scheduling when unplanned events occur
· Work closely with trader to provide smooth operations support
· Focus on transport economics, min/max load balances and inventory optimization, by using analytical models and tools
· Perform analysis of the transportation means, ensuring that the product can be moved efficiently. Contact the deal owner for resolution if there are constraints
Coordinate with inspectors and terminal authorities for product movements
· Query prior months and manage the base operational plan
· Analyse and highlight logistics constraints and opportunities
· Coordinate with trading and accounting for month-end close activities
· Coordinate book-outs and nets-outs with counterparts as necessary to minimize delivery risk
· Understand and proactively manage demurrage risks
· Generate Inventory, forecast and schedule reports
· Update and maintain the ETRM (enterprise trading and risk management) system with operations and scheduling information related to the products being handled, such as scheduling, nominations and actuals
Requirements:
· 3-6 years of direct relevant experience in liquid cargoes operations in an energy trading company
· Strong organizational skill
· Strong communication and interpersonal skill
. Possess good understanding of marine chartering and its commercial impact; market trends/drivers of competitor markets; terminals; logistics and refinery operations; marine transportation of product; product specifications and grades; supply/demand fundamentals of physical market; refining system; marine operations; third-party system parameters; standard terms and conditions of contracts; understands the value of variations in specification, timing, and volume, tariffs, taxation, exchanges, storage terminals, blending, testing methodology/repeatability, inventory management
Application:
Do you have what it takes? If you are keen to grow your career with a leading energy company, this is the role for you.
Interested applicants please submit full resume with email and contact details to [email protected]
We regret to inform you that only selected candidates will be notified.
