Supply Bunker Trader

Faststream Recruitment Ltd
Published
March 28, 2024
Location
Singapore, Singapore
Category
Job Type

Description

Experienced in bunker trading? We are looking for a Supply Bunker Trader. You will play a pivotal role in managing supply hedging strategies, paper trading, and swaps in the organisation.

Here's an opportunity where you will be able to direct strategies and be compensated generously.

Roles & Responsibilities:

  • Develop and implement supply hedging strategies to mitigate risks associated with bunker fuel procurement and market volatility.
  • Execute bunker fuel trades, including physical supply, derivatives, and paper trading.
  • Monitor market trends, analyse market data, and stay updated with industry news to make informed trading decisions.
  • Build and maintain relationships with suppliers, traders, brokers, and other market participants to ensure a reliable supply chain and access to competitive pricing.
  • Manage the execution and administration of bunker fuel swaps, contracts, and other derivatives, including monitoring settlements, reconciling positions, and ensuring compliance with regulatory requirements.

Ideal Candidate:

  • Proven experience as a bunker trader, preferably with a focus on supply hedging, paper trading, and swaps.
  • Minimum 2-3 years of experience in bunker fuel markets, industry dynamics, and trading strategies.
  • Excellent negotiation and communication skills to build and maintain relationships with stakeholders.
  • Ability to work under pressure, make quick decisions, and adapt to changing market conditions.

To apply, please contact Jan Enevold (R22106593).

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