SK Energy International is seeking a Team Leader to head its Global Fuel Oil and Asia Bunker Trading operations. The successful candidate will lead a team of traders, operators, and analysts in the FO/Material Biz Office, reporting directly to the Head of FO/Material Biz Office (VP). This pivotal role supports SK Energy’s global commodities trading business.
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Team Leader, Global Fuel Oil and Asia Bunker Trading – Key Responsibilities
Managing Fuel Oil and Bunker Trading Position
- Lead the trading team to identify and develop opportunities in fuel oil and bunker trading.
- Maximize trading profits and achieve team goals through:
- Strategizing sustainable business flows and profit models.
- Conducting marketing activities, including overseas business trips.
- Implementing effective risk management, including hedging and forecasting.
- Promote the company’s physical supply business while leveraging global trading activities.
- Oversee daily sales, marketing, and trading activities of marine fuels across multiple ports.
- Coordinate with the cargo trading team for integrated optimization strategies.
- Align with headquarters (HQ) to optimize global fuel oil value chains, co-working with supply chain management and refineries.
- Build and maintain strong client relations with shipowners, operators, traders, brokers, and commercial clients.
- Monitor developments in the oil, bunker, and shipping industries, including IMO regulations and renewable energy trends.
- Develop trading strategies and manage customer relationships (CRM) to enhance business growth.
- Report key trading activities and market trends to management and HQ regularly.
Business Support
- Provide market analysis, insights, and technical guidance to other traders.
- Recommend hedging strategies and methods to leverage market positions.
Compliance
- Ensure adherence to all internal and external regulatory requirements.
Management Reporting
- Deliver 24/7 reporting on fuel oil market developments to management.
- Prepare strategic management reports, including bi-weekly, monthly, quarterly, and annual updates.
- Set and track Key Performance Indicators (KPIs) for the team.
Strategy Planning and Stakeholder Management
- Cultivate long-term partnerships and trust-based relationships with stakeholders.
- Resolve conflicts by devising strategies and achieving mutually beneficial solutions.
- Anticipate customer needs and propose tailored solutions to exceed expectations.
Candidate Profile
A dynamic leader who values integrity, collaboration, and commitment to excellence.
Qualifications and Experience
- Minimum 8 years of experience as a trader in the oil industry, including marine fuels, bunkers, and petroleum products.
- Proven track record in international trading with market development expertise.
- Bachelor’s degree in Trading, Business, or a related field.
- Extensive knowledge of:
- Fuel oil cargo business, including trading, blending, logistics, and quality parameters.
- Commodity markets, hedging, and price risk management.
- Freight trading, chartering, and global fleet positioning.
- International bunker business and industry trends.
- Experience in negotiating spot and term contracts with customers.
- Demonstrated ability to develop and expand market presence for international trading firms.
Skills and Competencies
- Strategic thinking and business development skills.
- Strong leadership and motivational abilities to guide teams towards achieving goals.
- Excellent communication, negotiation, and stakeholder management skills.
- Financial modeling and analytical capabilities to assess market data and trends.
- Adaptable to multicultural environments and adept at managing diverse teams.
What We Offer
- Competitive salary based on qualifications and experience.
- The opportunity to lead a high-performing team in a dynamic, global organization.
- A collaborative and innovative work culture.
Only shortlisted candidates will be contacted, typically within two weeks of the job posting’s closing date.
About SK Energy International
Founded as the first oil company in South Korea, SK Energy has been a key player in the petroleum industry for decades. The company operates a refinery at the Ulsan Complex and serves as a major global trader of crude oil and petroleum products. Since its incorporation in 1990, SK Energy International has expanded its operations, with the Singapore branch playing a central role in the company’s international growth.
As a subsidiary of SK Trading International, SK Energy is committed to achieving long-term economic and social value while maintaining a focus on sustainable development and creating happiness for its stakeholders. Through its engagement in the energy sector, the company strives to meet global energy needs while contributing to the well-being of society.
Click Here to Contact and Apply via SK Energy International website