Hengli Graduate Development Programme

Introducing our 2-year programme for graduates to learn the ropes and gain exposure in the oil trading industry covering 4 functions – Risk, Operations, Trade Analytics and Trade Support. Our trading teams span across Crude Oil, Fuel Oil, Middle Distillates, Petrochemicals, Derivatives, Carbon; and you will be working very closely with the respective trading teams in the said functions, rotating every 6 months. Each rotation comes with an assessment of your performance and at the end of the programme, you will be assessed on your suitability for the following roles that Hengli Singapore has, which mainly include (non-exhaustive):

1. Trader

  • Trade physical and/or paper oil products.
  • Optimise strategies to generate profits and manage risks.
  • Seek trading opportunities with strong sense of business acumen and entrepreneurship.

2. Trading Analyst

  • Develop and maintain models and physical supply and demand balances for respective oil products.
  • Develop and provide regular market reports addressing price action, margins, spreads, forwards, and views about the main market drivers.
  • Formulate and recommend trade ideas to the trading team based on insights from overall analyses.

3. Risk Analyst

  • Research and implement financial models for risk analyses, focusing on Value-at-Risk (VaR) and Stress Test models.
  • Manage risk data and quantify risk metrics for these models.
  • Analyse large datasets to identify potential areas of risk exposure and develop strategies to mitigate risks.
  • Compute and provide reports on daily P&L, exposure, VaR while monitoring limits, and provide investigations and explanations on P&L movements.
  • Perform reconciliation of trades and realised P&L accordingly.

4. Operations Executive

  • Handle day-to-day operations for bulk liquid cargoes for respective oil products.
  • Prepare contracts and counter contract terms with counterparties.
  • Communicate effectively with team members and counterparties to coordinate daily operations and address any potential issues or concerns.
  • Monitor and follow the shipment progress and anticipate any changes and plan to resolve any potential issues that may arise.
  • Raise and review cargo invoices, negotiate letter of credit (LC) with counterparties, ensuring consistency.