Senior Oil Trader - Global Markets & Hedging

SINOCHEM INTERNATIONAL OIL (SINGAPORE) PTE LTD; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

Sinochem International Oil (Singapore) Pte. Ltd. is hiring an Oil Trader to manage day-to-day oil product trading, biofuels, and carbon emissions activities.

You will trade derivatives to hedge positions and build strong counterparty relationships across regions. You will drive business development in Southeast Asia, Africa, Europe, and the Americas, negotiate spot/term deals, monitor market movements, and help with procurement contracts, cost calculations, and reporting.

Qualifications

• Master degree in International Trade or related field.
• At least 5 years of relevant experience in oil trading.
• 3+ years in physical oil trading in Europe/Americas is a plus.
• Fluent in English for business communication; Chinese language required for interactions.

Responsibilities

• Handle day-to-day activities of oil products, biofuels, and carbon trading.
• Trade derivatives and futures to hedge positions.
• Build and maintain relationships with counterparties; frequent visits and communications.
• Drive sales growth with Southeast Asia, Africa, Europe, and the Americas.
• Negotiate and finalize market transactions on spot/term basis.
• Monitor world petroleum markets and share insights internally.
• Assist in procurement/sales contracts, cost calculations, and trade implementation.
• Prepare routine departmental and interdepartmental reports.
• Mentor junior traders, trading assistants, and analysts.

Skills

Oil trading experience

English proficiency

Chinese language

Negotiation

Analytical skills

Teamwork

Presentation skills

Strategic thinking

Entrepreneurial mindset

Education

Master degree in International Trade or related fields

Tools

MS Office

Job description

Sinochem International Oil (Singapore) Pte. Ltd. is hiring an Oil Trader to manage day-to-day oil product trading, biofuels, and carbon emissions activities.

You will trade derivatives to hedge positions and build strong counterparty relationships across regions. You will drive business development in Southeast Asia, Africa, Europe, and the Americas, negotiate spot/term deals, monitor market movements, and help with procurement contracts, cost calculations, and reporting.