What are the responsibilities and job description for the Bunker Trader position at Sunoco LP?
Sunoco LP is a leading energy infrastructure and fuel distribution master limited partnership operating across 32 countries and territories in North America, the Greater Caribbean, and Europe. The Partnership's midstream operations include an extensive network of approximately 14,000 miles of pipeline and over 160 terminals. This critical infrastructure complements the Partnership's fuel distribution operations, which distribute over 15 billion gallons annually to approximately 11,000 Sunoco and partner-branded retail locations, as well as independent dealers and commercial customers.
At Sunoco, we take great pride in what we do and wholeheartedly believe our employees drive success for our company and our customers. We are always looking for the best and brightest talent and we are committed to making your job a challenging and rewarding experience.
Summary:
The Bunker Trader is a front-line commercial trading role responsible for driving profitability and expanding Sunoco LP's bunker business. This position owns the full trade lifecycle, from customer engagement through execution, while contributing to commercial strategy and supporting growth initiatives across the business.
Essential Duties and Responsibilities:
Act as a primary commercial interface for spot and contract bunker trading activity
Own P&L generation through margin optimization, pricing strategy, and deal execution
Execute bunker transactions end-to-end: inquiry, quotation, confirmation, nomination, delivery coordination.
Manage daily market pricing, quoting, and commercial negotiations with customers
Maintain strong counterparty relationships and collaborate with internal and external stakeholders
Analyze market trends, port conditions, and pricing dynamics to inform trading decisions
Monitor and manage trade exposures including credit limits, prepayments, and margin risk
Partner closely with Commercial, Operations, Credit, and Finance teams to ensure seamless transaction execution and issue resolution
Deliver revenue and margin growth aligned with commercial strategy
Expand customer wallet share and improve retention across assigned account
Support new market opportunities
Required Skills, Education and/or Experience:
To perform this job successfully, an individual must be able to perform each essential job duty satisfactorily. The requirements for this position are listed below:
Bachelor's degree in Finance, Business, Engineering, Maritime or related discipline
Minimum 2 years of experience in bunker trading or marine fuels commercial sector
Strong understanding of marine fuel markets, supply chains, and pricing structures
Experience working with market index pricing and floating-to-fixed price mechanisms
Familiarity with marine fuel specifications
Working knowledge of port operations and logistical constraints
Advanced Excel and analytical capabilities
Experience using maritime intelligence tools such as MarineTraffic and SeaSearcher
Commercially driven with strong sense of urgency
Ability to operate effectively in a fast-paced, real-time trading environment
Strong negotiation and relationship management skills
Highly analytical with attention to detail
Proactive and entrepreneurial approach to opportunity identification and execution
Working Conditions:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.
- Usually, normal office working conditions.
- Must be able to remain in a stationary position 50% of the time due to prolonged periods of sitting or standing.
- Ability to travel 50 - 75% of the time with overnight stays required.
- Complete all travel and expense related reports.
- Must be flexible to work evenings and weekends