Senior Fuel Oil Trader – Asia Desk (Paper & Physical)

Shell Singapore Pte Ltd; Singapore; On-site; SGD 180,000 - 240,000; Full time

Job summary

Shell Singapore Pte Ltd is seeking an experienced Senior Fuel Oil Trader based in Singapore. You will develop and execute proprietary paper trading strategies focused on HSFO while contributing to physical trading, blending and commercial growth.

The role requires a track record in paper execution, deep knowledge of Asian fuel oil markets, and established regional relationships. You will manage risk, originate opportunities and collaborate with cross‑functional teams to drive profitability.

Qualifications

• Trading experience in fuel oil with a track record in paper execution and proprietary strategy development.
• Deep knowledge of Asian fuel oil markets including HSFO, regional flows, bunker markets and the interaction between physical fundamentals and paper structure.
• Strong understanding of global fuel oil flows, blending economics and arbitrage relationships.
• Ability to articulate a disciplined trading process: thesis formation, instrument selection, position sizing, risk-reward, invalidation criteria.

Responsibilities

• Develop and implement profitable proprietary paper strategies based on rigorous market analysis, clear trade construction and defined risk parameters.
• Manage paper positions with discipline, including position sizing, entry and exit logic, downside assessment, stop or review levels and adaptation as market information changes.
• Use paper instruments to express and manage views across cracks, time spreads, inter-product and inter-regional relationships, outright exposure and physical‑paper optionality.
• Work closely with analysts to strengthen supply‑and‑demand analysis, test trading hypotheses and develop differentiated signals and strategies.
• Support physical trading across cargoes, blending, storage and bunker outlets, including the management of exposures arising from physical and paper positions.
• Identify and develop new customers, counterparties, markets and commercial routes, with ownership for relationships and converting them into opportunities.
• Contribute market views and trade recommendations to the team, including thesis, timing, risk‑reward and uncertainties.
• Collaborate with operations, risk, finance, credit, legal, compliance and other support functions to execute safely and efficiently.

Skills

Fuel oil trading

Paper trading

Asian markets

Risk management

New business development

Stakeholder communication

Job description

Shell Singapore Pte Ltd is seeking an experienced Senior Fuel Oil Trader based in Singapore. You will develop and execute proprietary paper trading strategies focused on HSFO while contributing to physical trading, blending and commercial growth.

The role requires a track record in paper execution, deep knowledge of Asian fuel oil markets, and established regional relationships. You will manage risk, originate opportunities and collaborate with cross‑functional teams to drive profitability.