Freight Trader (Vancouver)

Freight Trader (Vancouver)

07 Aug
|
PVH (Tommy Hilfiger/Calvin Klein)
|
Vancouver

07 Aug

PVH (Tommy Hilfiger/Calvin Klein)

Vancouver

The Freight Trader will play a crucial role as part of the global Freight Commercial Handysize and Supramax team, segmented by vessel size with region specific responsibilities. The Freight Platform is an independent profit centre with the mandate of acting as a proprietary freight trader/operator.As part of the Vancouver Freight Commercial team, this position will focus on the Pacific Northwest region, with responsibilities across pricing, positioning, business development and contract execution. This role involves interaction with both internal and external cargo customers, whilst also commercially manages the period fleet, optimizing the regional program.The Freight Trader role demands a keen ability to navigate and interpret complex market dynamics, and has a focus on expanding our reach and access with industrial cargo clients.Responsibilities include:Pricing of Freight and Rate Negotiation:Accurately price, sell and manage freight risks for internal clientsDevelop 3rd party relationships on cargo and owning side, to complement and expand base internal cargo flowOptimize regional position through arbitrage of derivative hedges and physical positions; cargoes (internal/external), contracts and period vesselsParticipate in external markets, spot and forward, to identify 'replacement' market pricesUtilize in-house research and data analytics to identify market 'mispricing' and relative value trading opportunitiesUse the price forecast as the basis for generating firm freight rates to provide to internal commodity traders for completion of CNF sales and market research as well as for the basis of external trading on cargoes, contracts and period vesselsIdentify and trade arbitrage and hedging opportunities in the freight derivatives and futures market,



and assess the prospect of applying a period ship or new period ship fixture against a freight salePosition Management:Orchestrate and execute the optimization and profitable arbitrage of the regional book, interacting with other regional traders to find the net best employment for period vesselsWork in tandem with the regional offices including Singapore and Geneva to optimize trading strategy of LDC physical cargo/tonnage bookLiaise with the internal commodity teams to anticipate demand while ensuring smooth internal shipment programBusiness Development:Expand third party network with a particular focus on accessing industrial cargo clients and bypassing operator/trader intermediariesSeek for both spot, medium and long-term opportunities, including COAs and joint venturesFreight Contract Execution:Work closely with Freight Operations to stay on top of the itineraries, stow plans, and voyage execution PnLs. Ensure all documentary and administrative requirements are complete in a timely mannerEvaluate and monitor contract performance to ensure compliance with contractual obligations and/or to determine the need for changes; consult the Senior Trader on unusual price strategy, policy and operational issues if necessary/applicableAdhere to the Corporate and/or Platform Risk, Credit, Compliance, and Ethics guidelinesBachelor's Degree in Economics, Engineering, Finance, Trade,



Maritime Studies or related field of studyPrevious work experience in drybulk shipping on Handysize or SupramaxGenuine interest in global shipping and commodity marketsAble to be "on call" 24/7 in order to complete time-sensitive projects, attend trainings or to respond to emergencies.Able to work with teams in different geographical locations, within complex and international environmentsThrives in a fast paced work environment in a trading-floor style structure.Extensive experience performing advanced freight calculationsPrevious experience/familiarity negotiating time charter and voyage charter party termsExposure to arbitraging freight positions on spot and forward marketsExperience and/or interest in analyzing balance sheets and working with researchers/data analystsExperience working with other commercial teams to design trading strategies is a plusAble to manage data and summarizing large quantity of data into key/actionable insightsAble to analyze trends, data, and numbers to draw meaningful conclusions and write comprehensive reportsEffective and timely communication and collaboration with the local and global teams in a highly competitive freight market; also able to explain complex ideas in a simple way to a varied audienceHighly organized and detail-oriented, with an attentive approach to analysis to ensure accurate assumptions and conclusionsAbility to understand the business needs & potential issues and propose innovative ideas/solutionsStrong statistical and analytical skills, with a solid understanding of data management best practicesExperience with BI tools for analytics, as well strong proficiency with Microsoft ExcelPython programming skills and command on SQL and Data visualization tools are a plusGood time management skil #J-18808-Ljbffr

📌 Freight Trader (Vancouver)
🏢 PVH (Tommy Hilfiger/Calvin Klein)
📍 Vancouver

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