At a Glance
- Tasks: Join our team as a Bunker Trader, securing deals and managing supplier relationships.
- Company: Integr8 is a top trading company in the bunker sector, known for excellence and collaboration.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and competitive compensation.
- Other info: This role offers a chance to work in major global cities like London, Houston, Dubai, and Singapore.
- Why this job: Be part of a thriving culture that values innovation and strong relationships in trading.
- Qualifications: 4+ years of bunker trading experience and a proven sales track record are essential.
The predicted salary is between 43200 - 72000 £ per year.
We are looking to expand our bunker trading teams in Houston, London, Dubai and Singapore.
Read on to find out what you will need to succeed in this position, including skills, qualifications, and experience.
About the Company: Integr8 is a leading trading company focused on providing exceptional services in the bunker trading sector. Our mission is to secure the best commercial terms possible while fostering strong relationships with our suppliers and customers. We pride ourselves on our collaborative culture and commitment to excellence.
About the Role: Bunker Traders are an integral part of Integr8’s trading business model. They are responsible for securing the best commercial terms possible with physical suppliers in the regions they operate and be the conduit of information between Integr8’s customer traders and suppliers’ market.
Responsibilities:
- Conducting market research to identify prospective new customers and winning new business
- Marketing Integr8 to third-party customers
- Bunker sales for a range of third-party customers
- Negotiating terms and conditions for bunker supply agreements with suppliers and customers.
- Following up on deals and invoicing
- Planning ideal bunkering ports for the voyage the vessel is planning
- Liaising daily with existing 3rd party customers and suppliers
- Maintaining and improving the Bunker Trading Platform
- Managing the risk management activities of the supply/sales contracts in accordance to corporate tolerances such as mVar, Flat Price limit (Quantity), Stop Loss (USD), and Paper Tenor (Month)
- Employ risk management and profit optimizing strategies including but not limited to Fixed Forward Price (FFP), Capped Supply Contract (CSC), Discounted Floating Price (DFP), Physical Collar Contract (PCC)
- Daily DER (daily exposure report) to capture exposure.
Ideal requirements:
- At least 4 years experience as a bunker trader
- Proven ability to develop business
- Ability to bring in business from the outset
- Strong sales track record
- Back to back sales experience
Bunker Trader - London employer: Integr8 Fuels
Integr8 is an exceptional employer that fosters a collaborative culture and prioritises excellence in the bunker trading sector. Located in London, we offer our Bunker Traders not only competitive compensation but also ample opportunities for professional growth and development within a dynamic team. Our commitment to building strong relationships with suppliers and customers ensures that you will be part of a rewarding and impactful trading environment.
StudySmarter Expert Advice🤫
We think this is how you could land Bunker Trader - London
✨Tip Number 1
Network with professionals in the bunker trading industry. Attend relevant conferences and events in London to meet potential colleagues and clients. Building relationships can give you an edge when applying for the Bunker Trader position.
✨Tip Number 2
Stay updated on market trends and news related to bunker trading. Being knowledgeable about current events will not only help you in interviews but also demonstrate your passion for the industry.
✨Tip Number 3
Consider reaching out to current or former employees of Integr8 on professional networking platforms. They can provide insights into the company culture and expectations, which can be invaluable during the interview process.
✨Tip Number 4
Prepare to discuss specific strategies you've used in past roles to secure favourable commercial terms. Highlighting your proven ability to develop business and negotiate effectively will make you a strong candidate for the role.
We think you need these skills to ace Bunker Trader - London
Some tips for your application 🫡
Understand the Role:Before applying, make sure you fully understand the responsibilities of a Bunker Trader. Familiarise yourself with the key tasks such as market research, negotiating terms, and managing risk. This will help you tailor your application to highlight relevant experience.
Highlight Relevant Experience:In your CV and cover letter, emphasise your experience in bunker trading or related fields. Mention specific achievements, such as successful negotiations or business development efforts, to demonstrate your capability and track record.
Craft a Compelling Cover Letter:Your cover letter should reflect your passion for the role and the company. Discuss why you want to work at Integr8 and how your skills align with their mission. Be sure to mention your ability to develop business and your strong sales background.
Proofread Your Application:Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail and professionalism.
How to prepare for a job interview at Integr8 Fuels
✨Know Your Market
Before the interview, make sure to research the current trends in the bunker trading market. Understanding the competitive landscape and recent developments will show your potential employer that you are proactive and knowledgeable about the industry.
✨Demonstrate Your Sales Skills
Prepare to discuss specific examples of how you've successfully developed business in the past. Highlight your sales track record and any back-to-back sales experiences, as these are crucial for the role of a Bunker Trader.
✨Showcase Your Negotiation Skills
Since negotiating terms and conditions is a key responsibility, be ready to talk about your negotiation strategies. Share instances where you secured favourable terms with suppliers or customers, emphasising your ability to create win-win situations.
✨Emphasise Risk Management Experience
Familiarise yourself with risk management activities relevant to bunker trading. Be prepared to discuss how you've managed risks in previous roles, including any strategies you've employed to optimise profits while adhering to corporate tolerances.
