Vessel S&P Executive

March, 2021

We are looking for an analytical and proactive Vessel Sales and Purchase (S&P) Executive for a global shipping client. The ideal candidate would have at least 1-2 years of work experience in handling S&P contracts and related documentation, reviewing and negotiating contracts and enjoys analysing market trends to identify investment/ divestment opportunities. He/she would be highly organized, able to work under time pressure and possess good business acumen. In addition, he/she is expected to be able to communicate effectively across all functional levels and is a good team player.

Summary:

 The Vessel S&P team is responsible for company’s vessels management activities such as investment/divestment of vessels, identify business opportunities, generate returns through asset play, long term projects and/or forward paper markets as well as support other business units.

Key responsibilities:

  • Monitor and analyse market trends to identify investment / divestment opportunities
  • Support the evaluation of investment/divestment decisions through quantitative and qualitative analysis as part of the proposal process
  • In collaboration with the other department, support the analysis and identification of new opportunities within the shipping sector
  • Support the compilation of proposals for Board recommendations
  • Participate in the negotiations for ship Sale & Purchase and Newbuilding contracts
  • Liaise, network and build relationships with business counterparties, charterers and shipbrokers to gather relevant market intelligence and generate deal flow
  • Administration of existing contracts/agreements as well as review and negotiate contracts/agreements
  • Maintain and update databases (S&P and MDM)
  • Assist and responsible for sending out routine reports
  • Monitor and update FFA positions as and when required.
  • Participate in ad-hoc projects as required
  • Actively participate in the development of the quality management system and engage in the workflow process for the continuous improvement of departmental procedures
  • Process timely and accurate invoices through IMOS

 Qualifications:

  • Bachelor (Business Administration, Finance, Economics, Legal or Shipping/Maritime)
  • Preferably 1 to 3 years of maritime experience
  • Entry level candidates with relevant internship/training experience may be considered
  • Quantitative skills, financial modelling will be an advantage
  • Ability to synthesize and present information to support decision making
  • Ability to work in a precise and accurate manner while under time pressure
  • Good collaboration and team player

We regret that only shortlisted candidates will be notified. Thank you for your understanding.