Senior Bunker Trader

Oilmar FZCO; Dubai; On-site; AED 250,000 - 350,000; Full time

Benefits offered by this job

Competitive fixed salary

Performance-based incentives

Clear progression pathway

Job summary

Oilmar FZCO in Dubai is looking for a Senior Bunker Trader to manage marine fuel transactions. This role demands proven sales skills and a strong market network.

Responsibilities include developing client portfolios, negotiating terms, and ensuring compliance within the trading framework. The ideal candidate will have over 6 years of experience in bunker trading and related disciplines.

Qualifications

• 6+ years experience in bunker trading, marine fuels, shipping, or physical oil products trading.
• Strong understanding of global shipping markets and bunker products.
• Fluency in English; additional languages a plus.

Responsibilities

• Develop and grow a portfolio of shipowners and operators.
• Execute physical bunker trades and negotiate pricing.
• Manage the full trade lifecycle including pricing and delivery monitoring.
• Ensure compliance with credit and risk policies.

Skills

Sales and negotiation capability

Commercial mindset

High numerical aptitude

Analytical capability

Resilience

Team-oriented attitude

Education

Bachelor’s degree in Business, Maritime Studies, or related discipline

Job description

Oilmar DMCC was established in November 2015 with the goal of providing specialized chartering and tanker operations. Since then, Oilmar has expanded into trading and various projects within the energy sector. Today, Oilmar offers services in more than 60 countries worldwide, with the presence in the UAE, South Korea, Greece, Singapore, UK, USA and Americas.

Role Purpose

Senior Bunker Trader is responsible for originating, negotiating, and executing back-to-back marine fuel transactions while developing and managing a portfolio of shipowners, operators, charterers, and/or suppliers.

The role carries direct revenue responsibility and requires strong commercial acumen combined with disciplined credit, risk, and compliance awareness. Scope of responsibility and portfolio ownership will depend on seniority level.

Location

Dubai (UAE)

Key Responsibilities

1. Commercial Development & Revenue Generation

• Develop, manage, and grow a portfolio of shipowners, operators, charterers, and trading counterparties.
• Generate new business through proactive outreach, market intelligence, and structured client engagement.
• Convert enquiries into profitable, repeat business.
• Expand regional and international customer base in line with company growth strategy.

2. Trading Execution & Deal Management

• Execute back-to-back physical bunker trades (HSFO, VLSFO, MGO, and alternative marine fuels where applicable).
• Negotiate pricing, commercial terms, and contractual conditions to optimize margin while maintaining competitiveness.
• Monitor market trends, price movements, supply-demand dynamics, and regulatory developments.
• Structure transactions in alignment with company risk appetite and commercial objectives.
• Build and maintain long-term relationships with customers and suppliers.
• Provide professional advice on fuel grades, port availability, logistics, and regulatory considerations.
• Coordinate closely with operations teams, suppliers, brokers, and agents to ensure timely and efficient delivery.
• Proactively resolve operational issues and minimize claims exposure.

4. Trade Lifecycle & Administration

• Manage the full transaction lifecycle: enquiry, pricing, confirmation, nomination, delivery monitoring, and post-fixture follow-up.
• Ensure accuracy of documentation and trade data entry in internal trading and CRM systems.
• Maintain pipeline visibility and performance tracking.

5. Credit, Risk & Compliance Alignment

• Conduct trading within approved credit limits and exposure thresholds.
• Liaise with Credit & Risk teams to monitor counterparty exposure and support receivables follow-up.
• Ensure compliance with internal policies, sanctions regulations, KYC requirements, and applicable laws.
• Escalate credit, operational, or compliance risks in a timely manner.

6. Internal Collaboration & Reporting

• Share market intelligence and customer insights across regional offices.
• Provide regular updates on trading performance, sales pipeline, and key KPIs.
• Contribute to regional expansion initiatives and strategic projects (new ports, alternative fuels, digital initiatives).

Seniority Level

Senior Bunker Trader (6+ Years Experience)

• Established industry professional with strong market network.
• Proven P&L responsibility and portfolio growth track record.
• Strategic contribution to regional development and potential mentorship responsibilities.

Qualifications & Experience

• Bachelor’s degree in Business, Maritime Studies, Economics, Finance, or related discipline (preferred).
• Relevant experience in bunker trading, marine fuels, shipping, or physical oil products trading (experience level aligned with seniority).
• Demonstrated sales and negotiation capability.
• Strong understanding of global shipping markets, bunker products, quality specifications, and logistics constraints.
• Fluency in English (additional languages advantageous depending on location).

Core Competencies

• Strong commercial mindset and ownership of results.
• Excellent negotiation and relationship-building skills.
• High numerical aptitude and analytical capability.
• Resilience and ability to perform under pressure in volatile markets.
• Structured approach to credit, operational, and compliance risk.
• Collaborative and team-oriented attitude.

Location-Specific Requirements

Dubai

Focus on Middle East, Indian Subcontinent, and Africa trade flows. Regional market familiarity preferred. Arabic, Russian, or Hindi/Urdu advantageous.

• Competitive fixed salary (commensurate with experience).
• Performance-based incentive structure.
• Clear progression pathway across regional offices.
• International exposure within a structured and governance-driven trading environment.