Asia/Pacific News
BUNKER JOBS: Marine Fuels Firm Seeks Supply Bunker Trader in Singapore
Monday August 12, 2024
A marine fuels company is seeking to hire a supply bunker trader in Singapore.
Recruitment firm Faststream Recruitment Group highlighted the open role in a job advertisement on Monday, without naming the hiring company.
The company is looking for candidates with two or three years of experience in bunker markets, preferably with a focus on hedging, paper trading and swaps.
The advertisement lists the following responsibilities for the role:
- Develop and implement supply hedging strategies to mitigate risks associated with bunker fuel procurement and market volatility.
- Execute bunker fuel trades, including physical supply, derivatives, and paper trading.
- Monitor market trends, analyze market data, and stay updated with industry news to make informed trading decisions.
- Build and maintain relationships with suppliers, traders, brokers, and other market participants to ensure a reliable supply chain and access to competitive pricing.
- Manage the execution and administration of bunker fuel swaps, contracts, and other derivatives, including monitoring settlement, reconciling positions, and ensuring compliance with regulatory requirements.
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