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Open nowFirst seen 4 hours ago

Junior Physical Desk Trader

Peninsula11 open roles

Where
Gibraltar, United Kingdom
Work mode
On site
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Your applicationOpen nowJunior Physical Desk TraderPeninsula · Gibraltar, United Kingdom
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The clock on this job

Early applications get read.

12.1% of postings close within 7 days. Measured by our own scanner across the market.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.1%7 days
  4. 19.1%14 days
  5. 35.6%30 days
  6. 52.7%60 days
This job: first seen 4 hours ago

The posting

A Junior Trader supports the trading team in selling marine fuels (bunkers) to customers, assisting in ensuring efficient and cost-effective fuel procurement. They contribute to building relationships across departments, help negotiate competitive prices, support logistics coordination, and monitor market trends under guidance. Their role contributes to the performance and profitability of the ports they assist in managing, with increasing responsibility over time.

Key Responsibilities

  • Engage in the purchase and sale of marine fuel and associated products and to foster profitable and longstanding relationships with a portfolio of counterparties, whist maintaining a risk aware perspective with regard to credit risk and payment performance.
  • Physical Supply teams are responsible for delivering P&L in its supply-markets of influence. Furthermore, the supply team is responsible for close cooperation with Cargo, Hedging, Technical, Ops Teams to ensure smooth operation.
  • Observe how senior traders analyse Platts settlement, market structure, and backwardation/contango trends. Ask questions to deepen understanding.
  • Support in reviewing that all fixture details are aligned with hedging reports. Learn the importance of accuracy and timing in reporting.
  • Monitor ongoing and upcoming port operations under guidance, gaining insight into how port dynamics impact supply planning.
  • Collaborate with the BIO department to observe biofuel deliveries, offers, and trends. Stay updated on developments and share insights with the team.

Skills, Knowledge & Expertise

  • Hard-working, goal-oriented and with a high level of energy and enthusiasm, able to operate efficiently, effectively and professionally within a fast paced, dynamic and results driven business environment
  • An analytical mind-set, solid numerical skills and a high level of attention to detail; able to analyse and interpret complex information, process data and provide credible recommendations
  • Excellent verbal and written communication skills, able to collate and present information in a concise, logical manner, and with authority to a variety of audiences (where required)
  • Strong interpersonal and social skills including empathy, and the ability to build, expand and maintain collaborative relationships with internal and external stakeholders at all levels of seniority
  • A flexible and adaptable attitude, with the ability to multi-task and respond quickly to changing priorities; effective time management and organisational skills, able to prioritise work effectively and meet deadlines
  • Able to work co-operatively and productively with others; actively contribute to successful team performance and the achievement of shared goals and equally able to work independently with a minimal level of supervision
  • Ambitious, self-motivated, entrepreneurial approach
  • High level of computer literacy including proficiency of MS Office package and able to work with CRM systems
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