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Bunker Purchaser/Hedging Analyst: Global Shipping and Trading Company - Swindon

Company: Eaglecliff Recruitment
Pay: Negotiable Excellent Benefits
Job type: full-time
Category: Accounting

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Job description

Bunker Purchaser/Hedging Analyst: Global Shipping and Trading Company

This Global Trading and Shipping Company has an exciting opportunity for a Bunker Purchaser/Hedging Analyst to join their Solid Fuels desk, offering an opportunity to grow into a more commercial role from an operations background. The Solid Fuels desk is responsible for global coal, freight and biomass trading, including sourcing of steam coal and biomass.

About the Role:

Working on the Dry Bulk Freight Trading desk within a team of 6 dynamic and experianced staff, the purpose of this role is to procure physical bunker fuels to fulfil the requirements of the trading desk's chartered fleet of dry bulk vessels and to execute and manage the corresponding financial hedge positions. There is a strong commercial focus on this role, where they are seeking a candidate with a broad skill set in procurement and hedging.

Principal Accountabilities:- Establishing and maintaining favourable terms and effective relationships
- Working with a panel of reliable and competitive physical bunker suppliers
- Discussing bunkering schedules with the Freight Logistics team
- Co-ordinating bunker fuel orders
- Executing physical orders in the external market; reviewing and confirming transactions
- Monitoring contract performance and arranging inspections and surveys where necessary
- Managing commercial and operational risks associated with physical bunkering activities
- Supporting the negotiation and settlement of contractual claims
- Executing hedging transactions and daily reconciliation of physical and financial trading positions
- Actively identifying and exploiting opportunities to optimise fuel procurement and hedging strategies
- Providing price information and analytical support where required to the trading desk and logistics

About You:- Degree level or equivalent preferred, highly numerate, good A level Maths
- 3-5 years' experience in a Commodities trading or Shipping operations environment
- Experience of physical oil markets and/or bunker fuel procurement and/or fuel hedging
- Strong analytical, numerical and problem solving skills
- Experience using Openlink Endur and/or Veson IMOS

We believe in equality of opportunity for all job applicants regardless of gender, marital status, race, colour, nationality, ethnic origin, creed or religion, disability, sexual orientation or age.

Specialising within Energy Trading, Oil and Gas, Financial Markets and TV and Entertainment, Eaglecliff Recruitment is ISO accredited, a Member of REC and listed within the top 4% for Financial stability by Dun and Bradstreet.

Please telephone for an immediate response or email your CV for a reply within one hour. Eaglecliff Ltd is acting in the capacity of an employment agency for permanent recruitment and an employment business for contractor resourcing.

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