LNG Financial Trader

Requisition ID: R000068316

Job Location: Singapore – Duo Tower

Overview: Supply and Trading (S&T) is the commercial link to the market for Upstream and Downstream & Chemicals (DS&C). S&T applies its knowledge of commodity markets, the wellhead-to-customer value chain and transportation logistics in the crude, gas, and refined products markets to maximize the value of enterprise assets and enable the commercial success of Upstream and DS&C. S&T buys, sells, and supplies crude oil, refined products, natural gas, and gas liquids to support Chevron's crude and gas production operations and its refining and marketing network. S&T integrates enterprise-wide supply and trading capabilities to capture commercial opportunities across the entire value chain through commercial functional excellence.

Gas Supply and Trading (GSAT) London markets and trades around Chevron’s LNG assets as well as is responsible for managing the company’s activities in the European Natural Gas market. GSAT is tightly integrated with Upstream and Enterprise Optimisation (EO) to capture opportunities across the entire wellhead-to-customer value chain. The team collects and leverages market intelligence to deliver incremental value and enhanced profitability through strategic arbitrage, storage and third-party trading, balancing the Chevron system and proactively managing changing flows to ensure flow assurance.

The Global LNG team is responsible for managing both physical and financial portfolios on a global scale. This includes handling equity and third-party contracts in both the Pacific Basin and the Atlantic Basin. This position of LNG Financial Trader located in Singapore will be a critical member of the Global Structure Team having responsibility for significant financial trading targets operating within a global LNG operating model. The role will require close collaboration with other structure desks located in London and Houston to deliver earnings through trading a global book. An important function will be to support the LNG physical trading teams assisting with Upstream & Downstream system value capture, managing price risk, opportunistic trading goals and implementation of commercial trading strategies.

Responsibilities of this position may include but are not limited to:

• Trading around the portfolio on the prompt and curve both from a hedging and proprietary trading perspective.
• Ability to identify and execute profitable trading strategies, managing associated price exposure utilizing financial instruments, always with a sharp focus on earnings generation, measurement and control of associated risks.
• Responsible for managing LNG team price exposure relating to the global physical portfolio with emphasis on VAR and P&L.
• Requires a strong knowledge of LNG, Nat Gas and crude markets and their correlation to other energy commodities.
• Demonstrated understanding and utilization of fundamental and technical market analysis to develop strategies to maximise returns.
• Demonstrated understanding of the properties of LNG, trade flows, pricing, transportation, risk management (price exposure and basis risk) and supply chain economics to assist in developing arbitrage opportunities and strategies to global locations.
• Understands the mechanics of futures exchanges and OTC markets.
• Working alongside the LNG Physical Traders and act as Subject Matter Expert for LNG across the wider Chevron enterprise.
• Work alongside Commercial Analysts to support and develop desk fundamental call and associated fundamental modelling and reporting capability.
• Must develop and maintain strong internal and external relationships in line with Global LNG expansion, collaborate closely with other business units, traders, analysts, and schedulers within a global diverse team and with external trading partners and brokers.
• Participate in the activities of the desk consistent with Chevron policy and controls.

Required Qualifications:

• An academic degree/diploma is preferred in one of the relevant fields, such as: Business, Engineering, Finance, Economics, Supply Chain Management or Marketing.
• Preferred experience as an LNG trader in a commercial trading and covering global indices such as HH, TTF, TFU, JKM as well as crude.
• Relevant financial commodity trading experience will also be considered.
• Preferred experience in technical trading.
• Requires strong analytical and problem-solving skills.
• Proven ability in applying and leveraging digital tools and technology (strong Excel/VBA/PowerPoint) to provide solutions, and quantifying risks to support trading strategies.
• Demonstrated ability to communicate ideas and to represent the strategy and the team both internally and externally in a concise and articulate way, both orally and in writing.
• Energized team player who will be able to assume considerable responsibilities in a dynamic, fast paced environment, with a focus on achieving sustainable business results by working collaboratively across functions and teams.