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Job Description
Join Us as a Business Analyst - Marine Fuels Trading & Procurement
We are seeking a highly analytical and detail-oriented Business Analyst to join our Bunker Trading team. The successful candidate will support trading and purchasing operations by delivering insights, performance analysis, supply-demand modeling, and risk evaluations. This role is pivotal in enhancing decision-making, optimizing procurement strategies, and improving profitability across marine fuels.
TASK AND RESPONSIBILITIES
Data Analysis & Reporting
- Analyze trading performance, supplier pricing, and purchase trends across regions.
- Develop KPIs, dashboards, and reporting tools for procurement and trading teams.
- Track market movements (e.g., MOPS, CIF Med, ICE Gasoil, Brent) and support real-time trading decisions.
Market Intelligence
- Monitor marine fuel markets and compile supply-demand intelligence on key ports.
- Monitor crude oil supply-demand using intelligence on national stock piles, cargo movements
- Support risk assessment models based on geopolitical, logistics, and pricing developments.
Procurement Optimization
- Assist in evaluating and benchmarking suppliers based on price, reliability, credit terms, and delivery performance.
- Recommend procurement strategies based on forecast models and cost-benefit analysis.
Contract & Commercial Analysis
- Review and analyze marine fuel contracts, spot deals, and term arrangements.
- Assist in standardizing commercial terms and tracking compliance.
EXPERIENCE AND QUALIFICATION
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- Bachelors or Masters Degree in Business, Economics, Engineering, Maritime Studies, or related field.
- 25 years experience in a business analyst or commercial support role, preferably in marine fuels, energy trading, or shipping.
KNOWLEDGE AND SKILLS
- Experience working with bunker pricing tools, indices (e.g., MOPS, Argus, Platts).
- Strong understanding of marine fuels (VLSFO, HSFO, MGO), bunker markets, and global shipping dynamics is advantageous.
- Exposure to credit, contract negotiations in marine fuels.
- Commercial acumen and interest in trading economics.
- Proficiency in Excel, Power BI/Tableau, Canva and other reporting tools compulsory.
Skills
ReportingStockTradingIf an employer asks you to pay any kind of fee, please notify us immediately. Jobaaj does not charge any fee from the applicants and we do not allow other companies also to do so.
Important dates & deadlines?
Application Deadline
04 Oct 25, 05:39 PM IST
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