Bunker Trader

2 weeks ago

Singapore COCKETT MARINE OIL (ASIA) PTE. LTD. Full time

**Role summary**:
The role is designed to give responsibility to an individual trader in the local trading team, to lead the day-to-day business, as well as business development and growth in the core and growth products. The employee is required to work with the Line Manager to expand trading function and weekly business meetings with the Line Manager and trading team will be initiated to give a formal forum of discussion considering the status and improvement measures to be done.

The incumbent will work closely with the Cockett Group Technical, Credit & Finance departments, to ensure efficient handling of claims and payments, and in optimizing operations.

**Duties and responsibilities**:
The duties and responsibilities for the role are listed below:

- Solicit and actively seek new enquiries from existing customers, obtaining credit limits through the company process, namely in agreement from the Group Credit Manager.
- Execution of trade deals with optimized margin from enquiry stage, negotiation, closing the deal, deal confirmation and monitoring the deliveries.
- Business development by adding the new customers and / or broadening activities with existing customers. Communicate with management regarding developments on new or existing customers/suppliers. Building the network.
- Follow up on payments with customers.
- Dissemination of market intelligence to the wider Group to generate business opportunities.
- Communicate with management and physical supply team regarding developments on new or existing customers.
- Responsible for maintaining / providing the up to date information on prices, movement and availabilities.
- Ensure the proper documentation of all trades.
- Adherence to the Group’s policies, processes, procedures and systems and Employee Handbook as well as relevant legislation.
- Accountable as part of the local trading team for increasing the Group’s profit whilst acting morally and within commercial constraints.
- Assist fellow Team members as and when required, under direction of Line Manager.
- Propose and investigate in conjunction with Projects as and when required.
- Develop and initiate internal marketing for Country/Region.

This list is non-exhaustive and the role holder may be required to undertake additional duties that are not specifically listed above. Integrity within the role is imperative, and the employee must comply with Cockett Group policies and procedures at all times.

**Territory & scope**:
Middle East / Asia

**Required education & skills**:
English - Written & Verbal (Fluent).

Minimum Diploma.

**Required experience**:
Previous proven experience in bunker trading - min 3 years

Understanding of the oil trading industry, in-depth product knowledge

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