The Head of LPG Trading – Asia will lead the firm’s Liquefied Petroleum Gas (LPG) trading activities across the Asia-Pacific region, driving commercial strategy, market growth, and risk management. This role is accountable for building and managing the trading book, developing regional supply and offtake relationships, and ensuring profitable growth while maintaining robust risk controls and compliance standards.
Key Responsibilities:
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Trading & P&L Ownership
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Lead physical and derivatives LPG trading activities across Asia (propane, butane, and LPG blends), managing daily positions and ensuring profitable trading strategies.
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Monitor and capitalize on market movements, arbitrage opportunities, freight spreads, and price differentials in key hubs (FEA, Middle East, U.S. Gulf, etc.).
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Oversee hedging strategies using swaps, futures, and other derivative instruments to optimize risk-adjusted returns.
Strategy & Market Development
Define and execute the Asia LPG trading strategy aligned with global trading objectives.
Expand the firm’s footprint in key markets including China, Japan, Korea, India, and Southeast Asia through strategic supply agreements, long-term contracts, and spot opportunities.
Identify and pursue new origination opportunities, including LPG terminals, storage, and shipping partnerships.
Relationship Management
Build and maintain strong relationships with producers, refiners, petrochemical buyers, national oil companies (NOCs), shipowners, and counterparties across Asia and the Middle East.
Negotiate commercial contracts including FOB/CFR term deals, tenders, and complex structured transactions.
Leadership & Team Management
Lead and mentor a team of traders, analysts, and operators, fostering a high-performance trading culture.
Collaborate closely with operations, shipping, finance, and risk to ensure smooth execution and accurate reporting.
Risk, Compliance & Governance
Ensure adherence to internal risk limits, compliance standards, and regulatory requirements across all jurisdictions.
Monitor and manage exposure to price, credit, and operational risks, working with risk control teams to mitigate issues proactively.