We are looking to expand our bunker trading teams in Houston, London, Dubai and Singapore.
Read on to find out what you will need to succeed in this position, including skills, qualifications, and experience.
About the Company: Integr8 is a leading trading company focused on providing exceptional services in the bunker trading sector. Our mission is to secure the best commercial terms possible while fostering strong relationships with our suppliers and customers. We pride ourselves on our collaborative culture and commitment to excellence.
About the Role: Bunker Traders are an integral part of Integr8’s trading business model. They are responsible for securing the best commercial terms possible with physical suppliers in the regions they operate and be the conduit of information between Integr8’s customer traders and suppliers’ market.
Responsibilities:
* Conducting market research to identify prospective new customers and winning new business
* Marketing Integr8 to third-party customers
* Bunker sales for a range of third-party customers
* Negotiating terms and conditions for bunker supply agreements with suppliers and customers.
* Following up on deals and invoicing
* Planning ideal bunkering ports for the voyage the vessel is planning
* Liaising daily with existing 3rd party customers and suppliers
* Maintaining and improving the Bunker Trading Platform
* Managing the risk management activities of the supply/sales contracts in accordance to corporate tolerances such as mVar, Flat Price limit (Quantity), Stop Loss (USD), and Paper Tenor (Month)
* Employ risk management and profit optimizing strategies including but not limited to Fixed Forward Price (FFP), Capped Supply Contract (CSC), Discounted Floating Price (DFP), Physical Collar Contract (PCC)
* Daily DER (daily exposure report) to capture exposure.
Ideal requirements:
* At least 4 years experience as a bunker trader
* Proven ability to develop business
* Ability to bring in business from the outset
* Strong sales track record
* Back to back sales experience