Job Description

Company Profile

Cathay Petroleum International was established in 2003 as an independent physical trading business. For almost 20 years, we have been sourcing crude oil from all over the world and delivering cargoes to satisfied consumers and customers whenever and wherever they need them. Today, we are a global energy and commodities group that trades millions of barrels of oil a week. Every day, our experienced team works together to add value to the international commodities market. Our strong capital position and robust network of relationships has enabled us to grow from strength to strength and retain a record of profitability.


Our head office is situated in Singapore, the centre of the world's busiest energy routes, allowing us to easily manage the flow of energy from West to East. In 2021, Cathay was proud to expand our growing organisation by opening a new trading office in London, allowing our traders to work more efficiently covering all trading hours.

Position Overview

The Compliance Manager is responsible for developing, implementing, and overseeing the company's compliance framework to ensure adherence to legal, regulatory, and ethical standards in global oil trading activities. This role provides strategic direction on compliance risks, manages relationships with regulators, and ensures that business operations align with applicable laws, including anti-bribery, sanctions, market conduct, and environmental regulations. The function is reporting to the Chief Financial Officer.

POSITION: COMPLIANCE MANAGER

LOCATION: SINGAPORE

KEY RESPONSIBILITIES

Regulatory & Legal Compliance

Ensure compliance with all international and local regulations governing oil and commodity trading (e.g., OFAC, EU, UK, Singapore MAS, US CFTC, MAR/MiFID II) Monitor and interpret regulatory developments in key jurisdictions Oversee compliance with sanctions, embargoes, and anti-money laundering (AML) rules, ensuring proper due diligence of counterparties Advising on regular legal aspects such as ISDA agreements, NDAs, etc, upon requirement and in consultation with external legal when necessary

Risk Management & Governance

Design and implement a compliance risk management framework tailored to oil trading, including market abuse prevention, trade surveillance, and conduct risk controls Lead compliance risk assessments for trading activities, logistics, financing, and new business ventures Advise the Management Team on compliance risks and strategies to mitigate them

Policies & Procedures

Develop, maintain, and enforce policies, standards, and procedures covering trading, market conduct, anti-bribery (FCPA/UKBA), sanctions, and competition law Establish and oversee trade surveillance systems to monitor trading activity for potential market manipulation or insider trading Ensure effective Know Your Customer (KYC) and due diligence processes for all counterparties and service providers Ensure high standards in KYC with Banks, Insurers and other financial partners

Training & Culture

Promote a strong culture of integrity and compliance across all levels of the organization Deliver training on compliance obligations, market conduct, and ethical trading practices to traders, operations, and support staff Act as a trusted advisor to business leaders on ethical and compliant decision-making Supervise, coach and train direct reports

Investigations & Reporting

Lead internal investigations into potential compliance breaches, misconduct, or regulatory issues Report to regulators, exchanges, and auditors as required, ensuring transparency and timely communication Maintain a whistleblowing mechanism and ensure protections for employees who report concerns

KEY QUALIFICATIONS

Minimum 8 years of experience in Commodities Compliance, preferably in the energy sector Strong knowledge of global trading regulations (US, UK/EU, Asia) and commodity market structures Experience with sanctions, AML, anti-bribery, and competition law Excellent communication, negotiation, and stakeholder management skills Strategic thinker with the ability to balance commercial objectives and regulatory obligations Integrity and resilience in handling complex compliance issues under pressure Analytical mindset with expertise in risk assessment and problem-solving Legal background preferred Interest in Sustainability to drive the ESG Agenda of the Group

COMPENSATION

Salary will commensurate with qualifications & experience. Please submit your resume to: recruit@cathaypetroleum.com.sg


We regret to inform that only shortlisted candidates will be notified.