Bunker Trader (Korean Market Focus)

Talent Titans Pte Ltd; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

Talent Titans Pte Ltd in Singapore seeks an experienced Bunker Trader focused on the Korean market to manage relationships with Korean bunker fuel suppliers and grow the network. The role involves market research, strategy development, and proactive engagement with clients to optimize trading outcomes.

The candidate should bring a deep understanding of bunker trading practices, strong negotiation skills, and a willingness to travel to meet suppliers.

Qualifications

• 12 years of experience in bunker trading or a related role.
• Native Korean or fluent Korean speaker with deep cultural understanding preferred.
• Strong commercial acumen and entrepreneurship.
• Ability to work independently and in fast-paced environments.
• Excellent interpersonal and negotiation skills.

Responsibilities

• Develop and manage relationships with Korean bunker fuel suppliers.
• Conduct market research to identify and pursue new business opportunities.
• Promote offerings to third-party customers across markets.
• Handle bunker fuel sales and negotiate deals tailored to customer requirements.
• Strategically plan bunkering ports aligned with vessel schedules.
• Communicate daily with clients to ensure continued satisfaction.
• Maintain and enhance the Bunker Trading Platform performance.
• Monitor and manage trading risk per internal risk policies.
• Implement profit optimization strategies (FFP, CSC, DFP, PCC).
• Prepare Daily Exposure Reports (DER) to monitor trading exposures.

Skills

Korean language

Bunker trading

Negotiation

Relationship building

Market research

Travel willingness

Job description

About the job Bunker Trader (Korean Market Focus)

Role Overview

We are seeking a dynamic and commercially driven Bunker Trader to manage and grow our network of Korean bunker fuel suppliers. The ideal candidate will play a key role in maintaining strong supplier relationships, optimizing trading strategies, and supporting sales across a diverse client base.

Key Responsibilities

• Develop and manage relationships with Korean bunker fuel suppliers.
• Conduct market research to identify and pursue new business opportunities.
• Promote the companys offerings to third-party customers across various markets.
• Handle bunker fuel sales and negotiate deals tailored to customer requirements.
• Strategically plan ideal bunkering ports aligned with vessel voyage schedules.
• Communicate daily with existing clients to ensure continued service satisfaction.
• Maintain and enhance the performance of the Bunker Trading Platform.
• Monitor and manage trading risk in accordance with internal risk tolerance policies (e.g. mVar, Flat Price limits, Stop Loss, Paper Tenor).
• Implement profit optimization strategies such as Fixed Forward Pricing (FFP), Capped Supply Contracts (CSC), Discounted Floating Pricing (DFP), and Physical Collar Contracts (PCC).
• Prepare Daily Exposure Reports (DER) to monitor trading exposures.

Requirements

• 12 years of experience in bunker trading or a related role.
• Strong interest in the maritime or shipping industry.
• Commercial acumen with a proactive and entrepreneurial approach.
• Ability to work independently and collaboratively in a fast-paced environment.
• Excellent interpersonal and negotiation skills.
• Willingness to travel to meet suppliers (typically twice a year).
• Strong relationship-building skills across cultures and business levels.
• Native Korean or fluent Korean speaker with deep cultural understanding is strongly preferred due to the nature of supplier engagement.