Cargo Trader (Physical Bunker Trading)

Posted 2 years ago

Market Development: Explore and develop trading opportunities in the Middle East. Build and expand relationships with suppliers and refineries to secure supply and enhance trading capabilities.
Trade Management: Generate and manage physical barge-size trades to support bunker operations. Manage floating/formula-driven pricing strategies for cargo purchases and collaborate with the derivatives desk to hedge fuel positions. Conduct daily physical sales, providing pricing to the team and market based on order size variations.
Operational Oversight: Monitor the entire supply chain and trade cycle, ensuring smooth operations from loading to delivery and payment. Assist operations as needed and ensure all trades are executed in accordance with contract terms.
Financial Management: Manage accounts receivable and ensure timely payments for trades. Record and follow up on all trade-related activities and financial transactions.
Market Analysis: Generate daily market summaries and briefs on trades for management and the trading team. Evaluate market trends and communicate insights across the company and with other Supply & Trading offices.
Compliance and Documentation: Ensure all trading activities adhere to internal Risk Management guidelines and authority delegations. Maintain thorough documentation of enquiries and deals in the company’s database and ERP system.

Minimum 3 years of experience in trading with core expertise in fuel oil and gasoil.
Proven track record of managing a physical supply business.
Strong understanding of hedging and benchmarking practices.
Excellent customer relationship and supplier management skills.
Ability to thrive in the dynamic, 24-7 lifestyle of trading.
Key Performance Indicators (KPIs):
Growth in trading volumes and profitability in the Middle East region
Efficiency in managing the supply chain and reducing cycle times.
Accuracy and timeliness in financial reporting and payments.
Success in developing and maintaining supplier and customer relationships.
Compliance with trading guidelines and risk management protocols.

Increased market share and enhanced supply capabilities in the Middle East.
Strengthened supplier relationships and expanded trading portfolio.
Robust risk management and hedging strategies that protect against market volatility.
Effective integration of market insights into trading strategies, enhancing competitiveness and profitability

Apply Online