BUNKER JOBS: Oldendorff Seeks Bunker Risk Manager in Germany

The role is based in the company's Hamburg office. Image Credit: Oldendorff

Shipping firm Oldendorff is seeking to hire a bunker risk manager in Hamburg.

The company is looking for candidates with experience in a similar position and good communication skills in written and spoken English, it said in a job advertisement on its website.

The advertisement lists the following responsibilities for the role:

• Daily market & price updates via our customized information platform (OMI)
• Quoting prices & advising bunkering options (ports) and/or alternatives
• Create forward price models
• Close communication with the physical Bunker Managers
• Hedging SWAPs / Futures / Options
• Manage exposure of existing hedges
• Provide guidance for advanced hedging tools such as options
• Close communication with counterparts (Banks, Oil Majors and/or Financial institutions) for market insights, trading modules & latest market/regulatory developments
• Administration & reporting
• Monitor the premium exposure, monitor the hedged volume, provide advice for the physical volume contracts and assist with best hedging solution
• Assist & negotiate physical hedges (FFP) and/ or floating price volume contracts with the physical suppliers
• Acquire all knowledge related to bunker hedging, alternative fuels and emissions trading
• Be the point of contact for all forward conventional, alternative fuels and emission related issues
• Provide professional advice on CP clauses related to conventional fuels, alternative fuels and emissions
• Attend meetings and provide market insights for the paper market as well as the physical market for conventional fuels, alternative fuels, emissions and/or regulatory developments related directly or indirectly to those topics and our organization's nature of business

For more information, click here.