
Trading Assistant – Coal
Hengyi Industries International Pte. Ltd.
Posted 10 days ago
About the role
This role involves managing international coal procurement and supply chain coordination for a refinery operation. You will identify and negotiate with global coal suppliers, coordinate shipping logistics, forecast internal demand, execute contracts, monitor market intelligence, and maintain stakeholder relationships across suppliers, logistics partners, and internal teams.
Key responsibilities
Identify, evaluate, and negotiate with international coal suppliers to secure competitive term and spot contracts aligned with refining specifications
Work closely with Operations and Logistics to manage shipping arrangements (bulk carriers, voyage charters), monitor vessel schedules, and ensure timely delivery to refinery stockpiles
Collaborate with refinery operations and inventory teams to forecast coal requirements and align procurement plans with production schedules
Assist traders in drafting and finalizing purchase contracts, ensuring Incoterms, quality clauses, and payment terms are clearly defined and adhered to
Monitor global coal price indices (API2, API4, Newcastle, etc.), freight rates, and supply-demand dynamics to identify optimal purchasing windows
Input purchase data into the trading system, reconcile manual records with system outputs, and prepare daily position and cost reports
Build and maintain strong relationships with suppliers, surveyors, shipping agents, and internal refinery teams to resolve operational issues promptly
About you
1–2 years of experience in the energy or dry bulk commodities industry (coal, iron ore, freight, etc.) preferred; fresh graduates with strong commercial acumen also welcome
Familiar with Incoterms 2020, international shipping practices, and basics of coal quality specifications
Understanding of laytime/demurrage and letter of credit (L/C) processes is a plus
Strong verbal and written communication skills; fluent in English and Mandarin to liaise with internal and external Mandarin-speaking counterparts, especially Chinese suppliers and off-takers
Ability to interpret market data and conduct fundamental supply-demand analysis
Ability to work in a fast-paced and dynamic environment
Meticulous, detailed, and with strong follow-through
Motivated, disciplined, and with a strong sense of accountability
Willing to learn and take ownership of tasks
About Hengyi Industries International Pte. Ltd.
We are a company in oil & gas industry with business operations in different countries. With the current Refinery Petrochemical Project runs in Brunei, we are looking for passionate applicants with relevant working experiences and skills to join our big family.