Senior SAF Manager

CHINA AVIATION OIL (SINGAPORE) CORPORATION LTD; Singapore; On-site; SGD 120,000 - 190,000; Full time

Job summary

CHINA AVIATION OIL (SINGAPORE) CORPORATION LTD is seeking a seasoned SAF trading and strategy professional to lead the development and implementation of SAF strategy, monitor market dynamics, and report on demand, supply, and price trends. You will oversee trading activities within delegated authorities and maximize P&L for SAF businesses.

You will manage SAF book positions, hedging strategies, and cross-regional trades, while coordinating with Hong Kong and European subsidiaries on blending ops

Qualifications

• Degree/Master in Chemical Engineering, economics, Business Management, or related field.
• Minimum 3 years trading experience in SAF market with understanding of arbitrage flows.
• Familiar with SAF policies and international aviation regulation.
• Strong knowledge of SAF feedstocks, aviation supply chains, and logistics.
• Experience in managing trading positions and hedging strategies.
• Excellent communication, project management, and teamwork.
• Fluent in English and Chinese; strong writing/presentation skills.
• Good time management and ability to manage multiple priorities.

Responsibilities

• Develop and implement SAF strategy; monitor market demand, supply, and price trends.
• Perform SAF supply and trading activities to maximize P&L and targets.
• Manage SAF book positions and hedge exposures; price risk and hedging effectiveness.
• Optimize chartering and logistics; develop third-party SAF trading with Operations.
• Coordinate with HK and European subsidiaries on SAF blending operations and pricing.
• Track airports/airlines demand to drive SAF sales and global supply growth.
• Assist in SAF supplier management and cross-border collaboration on services.
• Prepare long-term contract schemes; ensure export and compliance procedures.

Skills

Trading experience

Risk management

Operations / logistics

Market analysis

Education

Degree / Master in Chemical Engineering or related field

Job description

Roles& Responsibilities:

1. Responsible for the continuous development and implementation of SAF strategy; analyse, monitor and regularly report on market demand and supply, price trends, investment opportunities; contribute to the formulation and implementation of SAF-related policies and business plans;
2. Perform sustainable aviation fuel supply and trading activities within delegated authorities to maximize P&L and achieve the annual work plan and budget targets for SAF-related businesses;
3. Take responsibility for SAF book position and exposure management. Measure and manage pricing exposures arising from cross-regional SAF trades; develop and execute appropriate hedging strategies using available instruments, and monitor hedge effectiveness in accordance with the Company’s risk management policies and book limits;
4. Responsible for the relevant decision-making and optimization of the chartering, logistics arrangement; develop third-party SAF trading in coordination with the Operations Department and further enhance the Company’s established SAF network. Identify and execute suitable trading opportunities, strengthen regional market access, and expand the Company’s SAF trading activities across Europe, Asia and other markets;
5. Coordinate with the Hong Kong and European subsidiaries to develop SAF blending operations. Make use of local storage facilities to assess and support blending opportunities; conduct blending economics and pricing analyses, calculate prices for SAF blended for end customers, and support the preparation of post-blending SAF offers;
6. Track the demand and progress of airports and airlines for SAF and drive the growth of SAF sales and supply development worldwide for the Company; develop HVO and biodiesel trading opportunities alongside SAF activities, including market assessment, counterparty and supply development, and evaluation of viable regional and cross-regional flows;
7. Assist in managing existing and potential SAF suppliers, collaborate with relevant departments of the Company and external partners on joint SAF services and solutions development projects to meet customer needs;
8. Assist in formulating and implementing long-term contract schemes for domestic systematic SAF resources; collaborate with relevant internal departments and subsidiaries to complete the export, cross-regional operation and compliance procedures of SAF resources, so as to meet the delivery requirements of domestic and regional end customers;
9. Responsible for the preparation of annual sustainable development report (climate change related content and data), the submission of relevant annual documents and audit matters.

Requirements:

1. Degree/Master in Chemical Engineering, economics, Business Management, or a related field, or equivalent;
2. Minimum 3 years of trading experience in the SAF market, with strong understanding of regional and arbitrage flows, market fundamentals, risk management, and operations/logistics;
3. Familiar with SAF policies, regulation requirements and authorisations of international Aviation organisations and regions (Asia, Europe, USA, etc.);
4. Strong knowledge of SAF feedstocks, producers, aviation supply chains, sales and logistics operations, and relevant policies and certifications;
5. Demonstrated capability in managing trading positions and pricing exposures, using hedging instruments, and assessing the economics of cross-regional trades and blending operations;
6. Excellent customer communication skills, customer management skills, strategic thinking and internal project management skills;
7. Strong ethics, professionalism, sense of responsibility, and team spirit;
8. Excellent command of English and Chinese languages (as the position needs to frequently communicate with English/Chinese speaking stakeholders verbally/ in writing as well as to prepare and proof-read English/Chinese official documents and presentations whenever appropriate);
9. Good organisational and time management skills with proven ability to manage multiple priorities.