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- Tasks: Manage and grow bitumen trading portfolio across regional markets.
- Company: Dynamic trading firm with a focus on innovation and growth.
- Benefits: Competitive salary, career development, and a vibrant work culture.
- Other info: Opportunity to build strong industry relationships and expand your network.
- Why this job: Join a fast-paced environment and make impactful trading decisions.
- Qualifications: Degree in Business or related field; experience in trading preferred.
The predicted salary is between 60000 - 80000 £ per year.
The Bitumen Trader is responsible for developing, managing, and growing the company’s bitumen trading portfolio across regional markets. The role focuses on sourcing, pricing, negotiating, and executing physical bitumen cargo transactions while managing market exposure and maintaining strong relationships with suppliers, customers, and logistics partners.
Responsibilities and Duties
- Trading & Deal Execution
- Execute physical bitumen trades (imports, exports, and regional supply)
- Identify arbitrage opportunities and market inefficiencies
- Negotiate purchase and sales contracts with suppliers and customers
- Monitor price movements and manage trading positions within risk limits
- Market Development
- Develop and expand customer base across Asia-Pacific, Middle East, and Africa
- Build strong relationships with refineries, traders, contractors, and government-linked buyers
- Identify new markets and product opportunities (e.g. paving grades, PG grades, emulsions)
- Supply Chain & Logistics Coordination
- Coordinate with shipping, storage terminals, and inspection agencies
- Ensure smooth execution of cargo deliveries, documentation, and compliance
- Work closely with operations teams to optimise freight and storage costs
- Risk Management
- Monitor exposure to price, credit, and counterparty risk
- Ensure trades comply with internal risk policies and credit limits
- Provide timely market updates and position reports
- Market Intelligence & Reporting
- Track global bitumen and crude oil market trends
- Analyse supply-demand fundamentals and refinery output
- Provide trading insights and regular market reports to management
- Compliance & Documentation
- Ensure all contracts comply with legal and regulatory requirements
- Work with legal teams on SPA (Sales & Purchase Agreements)
- Maintain accurate trade documentation and records
Qualifications
- Bachelor’s degree in Business, Economics, Engineering, or related field
- Minimum 3–8 years of experience in bitumen, asphalt, petroleum products, or related commodities trading
- Strong understanding of physical trading and shipping logistics
- Established network in bitumen or downstream oil products preferred
- Strong negotiation, analytical, and commercial skills
- Ability to work in a fast-paced, high-pressure trading environment
- Excellent communication skills (English required; additional languages a plus)
Bitumen Trader in London employer: NW CORPORATION PTE. LTD.
Contact Detail:
NW CORPORATION PTE. LTD. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Bitumen Trader in London
✨Tip Number 1
Network like a pro! Get out there and connect with industry folks on LinkedIn or at events. Building relationships can open doors to opportunities that aren’t even advertised.
✨Tip Number 2
Show off your skills! Prepare a portfolio or case studies showcasing your trading successes and market insights. This will help you stand out during interviews and demonstrate your expertise.
✨Tip Number 3
Stay updated on market trends! Regularly check news and reports related to bitumen and crude oil. Being knowledgeable about the latest developments will impress potential employers and show your passion for the field.
✨Tip Number 4
Apply through our website! We’ve got a streamlined application process that makes it easy for you to showcase your skills. Plus, it shows you’re genuinely interested in joining our team!
We think you need these skills to ace Bitumen Trader in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Bitumen Trader role. Highlight your experience in trading, logistics, and market development. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about bitumen trading and how you can contribute to our team. Keep it engaging and relevant to the job description.
Showcase Your Network: If you've got an established network in the bitumen or oil products sector, flaunt it! Mention any key relationships you've built with suppliers or customers that could benefit us at StudySmarter.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at NW CORPORATION PTE. LTD.
✨Know Your Market
Before the interview, dive deep into the bitumen market trends, especially in the Asia-Pacific, Middle East, and Africa regions. Familiarise yourself with recent price movements and any significant changes in supply-demand fundamentals. This knowledge will not only impress your interviewers but also show that you're genuinely interested in the role.
✨Showcase Your Negotiation Skills
Prepare to discuss specific examples of successful negotiations you've conducted in the past. Highlight how you identified opportunities and managed risks during these deals. Being able to articulate your thought process and strategies will demonstrate your strong negotiation skills, which are crucial for a Bitumen Trader.
✨Build Relationships
Emphasise your ability to build and maintain relationships with suppliers, customers, and logistics partners. Share stories that illustrate your networking skills and how you've successfully collaborated with others in the industry. This will show that you understand the importance of relationship management in trading.
✨Understand Compliance and Risk Management
Brush up on compliance regulations and risk management practices relevant to bitumen trading. Be ready to discuss how you've ensured compliance in previous roles and how you monitor exposure to various risks. This will highlight your analytical skills and your commitment to maintaining high standards in trading operations.