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Bunker Trader

Open 26d reposted 2×

Summary

Trades marine bunker fuel to maximize profits and market share, negotiating contracts with shipowners and suppliers while managing risk and compliance in Singapore’s energy sector.

Responsibilities

  • Develop and execute bunker fuel trading strategies to maximize profitability and market share across designated regions and customer segments.
  • Identify and originate new trading opportunities through market intelligence, customer engagement, and supply optimization.
  • Monitor global and regional bunker markets, supply-demand fundamentals, freight markets, refinery economics, geopolitical developments, and regulatory changes affecting marine fuels.
  • Negotiate and execute physical bunker fuel transactions, including spot and term contracts, with shipowners, operators, suppliers, and brokers.
  • Manage a portfolio of customers and suppliers while building and maintaining strong commercial relationships to drive business growth.
  • Optimize trading margins through effective pricing, risk management, inventory management, and supply chain coordination.
  • Oversee and coordinate the end-to-end trade lifecycle, including nominations, scheduling, deliveries, documentation, invoicing, and dispute resolution.
  • Manage market, credit, operational, and counterparty risks in accordance with company policies and approved trading limits.
  • Collaborate closely with operations, credit, finance, and compliance teams to ensure efficient and compliant trade execution.
  • Analyze trading performance, market trends, and competitor activities, providing strategic recommendations to management.
  • Ensure compliance with all applicable regulations, sanctions requirements, and internal policies governing energy and bunker trading activities.

Qualifications

  • Bachelor's degree or Diploma in Business, Finance, Economics, Maritime Studies, Engineering, Supply Chain, or a related discipline.
  • Minimum 3 years of experience in bunker trading, marine fuel trading, physical oil trading, or a related energy trading role.
  • Demonstrated track record of developing profitable customer portfolios and achieving commercial targets.
  • Strong understanding of bunker markets, marine fuels, shipping operations, and global energy supply chains.
  • Established network of shipowners, operators, brokers, bunker suppliers, and industry stakeholders preferred.
  • Excellent negotiation, relationship management, and commercial acumen.
  • Strong analytical and quantitative skills with the ability to assess market trends, pricing dynamics, and trading risks.
  • Experience managing market, credit, and operational risks within a trading environment.
  • Proficiency in Microsoft Excel and trading/ERP platforms.
  • Ability to work effectively under pressure in a fast-paced, international trading environment.
  • Strong communication and stakeholder management skills, with the ability to engage senior management, customers, and counterparties.
  • Self-motivated, entrepreneurial, and results-oriented with a strong commercial mindset.

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