World News
BUNKER JOBS: Maersk Oil Trading Seeks Head of Risk Management
Friday April 1, 2022
Maersk Oil Trading, the bunker supply arm of container shipping firm AP Moller-Maersk, is seeking to hire a new head of risk management in Copenhagen.
The company is looking for candidates with commodity-trading experience and recent hands-on experience within risk management, it said in a job advertisement on its website.
The advertisement lists the following key tasks for the role:
- Lead the Risk Committee for MOT
- Act as a key control function. Monitor trader positions and tactics and opine where appropriate
- Reporting of VaR, trading limits etc.
- Design and implement stress testing scenarios of existing portfolio and potential new transactions
- Design and maintenance of valuation curves including independent price verification
- Analyse complex and structured transactions and the hedging strategies around them including in depth model review
- Ownership of key policies such as Risk Policy, Trading guidelines, etc.
- Ability to identify and escalate red flags across the portfolio.
- Ensure a Risk control environment suitable for a large, listed organization.
- Ownership of the CTRM, including key deliverables around design and maintenance.
- Manage the communication of MOT trading risk and controls to Group Risk.
- Lead, develop and coach team members.
For more information, click here.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 567.50 | 3.50 | 700.00 | 14.50 |
| Rotterdam | 512.50 | 4.00 | 695.00 | 17.50 |
| Houston | 556.00 | 6.00 | 679.00 | 1.00 |
| Fujairah | 562.50 | 2.50 | 755.00 | 0.00 |
| Global 20 Ports Average | 589.00 | 3.00 | 764.50 | 3.50 |
| Global 4 Ports Average | 552.00 | 3.00 | 699.00 | 2.50 |
| Global Average Bunker Price | 635.50 | 1.00 | 811.50 | 11.00 |
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