Bunker Trader

Navig8; Dubai; On-site; AED 150,000 - 250,000; Full time

Job summary

A leading trading company in Dubai seeks an experienced Bunker Trader. You will conduct market research, negotiate supply agreements and manage relationships with clients and suppliers. Ideal candidates have strong analytical and negotiation skills, with a proven track record in bunker trading. This role offers an opportunity to thrive in a fast-paced environment.

Qualifications

• Experience operating as a bunker trader.
• Strong analytical skills with the ability to interpret complex market data.
• Excellent negotiation and communication skills.

Responsibilities

• Conduct market research to identify new customers.
• Negotiate terms for bunker supply agreements.
• Manage risk management activities of supply/sales contracts.

Skills

Market analysis

Negotiation skills

Communication skills

Relationship management

Knowledge of maritime regulations

Job description

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
• Negotiate terms and conditions for bunker supply agreements with suppliers and customers.
• Planning ideal bunkering ports for the voyage the vessel is planning
• Liaising daily with existing 3rd party customers
• 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) etc
• 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) etc
• Daily DER (daily exposure report) to capture exposure.

Candidate Requirements

• Experience operating as a bunker trader
• Strong analytical skills with the ability to interpret complex market data and trends.
• Excellent negotiation and communication skills, both written and verbal.
• Proven track record of building and maintaining relationships with clients and suppliers.
• Knowledge of maritime regulations and industry best practices.
• Ability to work in a fast-paced environment and manage multiple priorities effectively.