Renewable Feedstocks Trader

2 weeks ago


Singapore Phillips 66 Full time
Singapore,SGP

Phillips 66 & YOU - Together we can fuel the future


Phillips 66 has more than 140 years of experience in providing the energy that enables people to dream bigger and go farther, faster.

We are committed to improving lives, and that is our promise to our employees and our communities.

We are sustained by the backgrounds and experiences of our diverse teams, which reflect who we are, the environment we create and how we work together.

Our company is built on values of safety, honor and commitment.

We call our cultural mindset Our Energy in Action, which we define through four simple, intuitive behaviors:
We work for the greater good, create an environment of trust, seek different perspectives and achieve excellence. Phillips 66 was recognized by Forbes as one of "America's Best Employers" in 2021.

Primary Responsibilities:

Generate value (net margin) for P66

Build strong relationships with external trading counterparties

Understand counterparty requirements, strategies, drivers, business portfolio and market views

Identify, pursue and implement new sourcing and trading opportunities.

Manage risks on the Singapore Renewables book

Work with other Renewables Traders to fully manage the company's renewable feedstock portfolio

Build strong internal relationships within Global Commercial organization and with key internal stakeholders

Optimize purchase and sale of 3rd-party physical product and potentially complement with derivative trading

Add value to Refining via management of supply

Acquire and communicate market intelligence to internal parties up to and including executive management

  • Help develop critical company renewables strategies and tactics to drive company-wide focus
  • Help ensure regulatory/compliance obligations are met
Support Refining, Marketing and Emerging Energy strategic initiatives that involve Renewables

Become a recognised expert on renewable fuels key market and trading components for Phillips 66

Required Qualifications:

Bachelor's Degree or higher from an accredited college or university

Knowledge and working experience in renewable feedstocks or international oil seeds/palm markets

Proven ability to make real-time commercial decisions that have significant financial impact both independently and as part of the trading team

Experience in managing relationships with external customers, suppliers, counterparties effectively

Good understanding of risk/hedging tools to manage underlying positions

Collaborative team player with ability to work constructively with multiple internal stakeholders

Self-starter with the ability to excel and add value in a developing, unstructured market environment in the short
- and long-term

Strong verbal and written communication skills

Proficiency in Microsoft Excel

Preferred skills/ competencies:

Previous experience of renewable products

Knowledge of vegetable oil markets and the economic value it creates in the renewable supply chain

Knowledge of environmental regulations and regulatory markets

Proven ability to add significant value through trading or marketing expertise, preferably with experience of trading physical and financial products

Previous experience with marketing/trading/refinery/blending/oil movements operations

Knowledge/experience of marine/rail/truck/pipe issues pertaining to the movement of crude or products

Understanding of the characteristics of products and processes in terms of oil refining, including an appreciation of specifications, and global supply/demand economics

Additional Information:

The position is an experienced level trading role

This role will require the willingness to work and support communications with key customers/suppliers across different time zones. Some travel is required (10-20%)

The incumbent must be legally authorized to work in Singapore on a full-time basis without restrictions on local terms and conditions


Phillips 66 International Trading Pte Ltd adopts the Tripartite Standards and is committed to be a fair and progressive employer.


Job Ref: 140718

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