Redstone Commodity Search  /  Vacancies  /  Bunker Trader
 

Bunker Trader

Job Reference: RS0497B
 

Job Title: Bunker Trader

Location: Middle East

Product: Oil

Role: Trading

Redstone Commodity Search focus on offering 360° search solutions to the global commodities markets. With a competitive coverage of Trading Houses, Producers, Majors, Utilities, Merchants, Hedge Funds, Investment Banks and Brokerages; Redstone Commodity Search can confidently offer you an edge in today’s volatile market.

Redstone Commodity Search are working with an international energy trading company looking to hire a Bunker Trader to join the commercial team in Dubai.

Key Responsibilities / Tasks

  • Back-to-back physical trading of marine bunker fuels (MGO, MFO, HFO, MDO and IFO etc.) throughout destination markets
  • Perform regular market research of industry trends to achieve new business opportunities to ensure healthy profit margins while identifying and mitigating possible risk
  • Liaise with suppliers to negotiate on pricing and terms to ensure optimum company revenue
  • Devising hedging strategies with the help of derivatives/paper traders
  • Focus on developing and maintaining a profitable customer portfolio with the aspiration to introduce new geographical regions while maintaining existing relationships
  • Managing P&L books performance for respective products

Key Qualifications / Experience

  • At least 5 years’ working experience in physical bunker trading, sourcing experience is a must
  • Strong sales knowledge in marine fuel
  • Ideal candidate will have experience managing their own book
  • Exceptional communicator with the ability to prioritise their own workload
  • Willing to travel frequently to represent the business in client meetings
  • Located in Dubai with a strong knowledge of local market

If you match the job description and are keen on applying for this role; please send us a copy of your resume/cover letter to dan@redstonesearch.com  or submit your application through the Vacancy Form.