Job Description

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Department

LNG Operations provide commercial, logistical, and administrative support to JERAGM and is responsible on a day-to-day basis for the timely implementation and execution of freight and commercial transactions, to ensure that all obligations arising from the LNG contract and charter party are met and carried out professionally.

LNG Operations work closely with traders to maximize the value-add through the application of economics and optimization skills for profitable operations and minimize the profit leakage from the flexibility and optionality embedded in the LNG contracts and supply programs. Trading operations are also involved in the development of projects and new contracts.

The team is responsible on a day-to-day basis to be able to implement and execute commercial deals and review standard LNG contracts. This incumbent will be expected to cover freight operations and be able to operate LNG ships under JERAGM\xe2\x80\x99s responsibility.

Qualifications:

Key roles and responsibilities:

• Manage and build strong working relationships with our internal stakeholders g. Traders, Optimizer Traders, Finance and also with JERA, our Japanese shareholder
• Ensure that LNG Operations fully complies with the company\xe2\x80\x99s internal standards including compliance and Health, Safety, Security and Environment (HSSE), paying special attention to HSSE hazards and risks that may have impact on our license to operate
• Ensure that all obligations arising from the contracts and charter parties are carried out, and that any necessary requirements are complied with
• Deal with cargo and freight counterparties and terminals on a regular basis regarding all pre- and post-deal activities ensuring all necessary operational information is passed on in good time and documentary requirements are met
• Promote good relationships with Owner/Masters to continuously monitor and improve operational efficiency over and above TCP obligations
• Support the team and provide guidance in understanding commercial impacts of marine technical actions, making sure communications with the business are happening with correct information flow to aid trading decisions
• Appoint independent inspectors and expeditors
• Ensure that all operational information is entered into trading systems
• Provide guidance for necessary cargo invoicing work, diversion payments and clearances of accruals for both external and internal deals
• Review LNG Confirmation Notices (CN), MSAs, Charter Party Agreements and contracts, influencing the operability of the LNG contracts
• Liaise with counterparts and support team to ensure smooth operations, avoid delays and minimize demurrage costs
• Specifically seek to add value by exercising embedded commercial and logistical deal options and by pro-active approach to problem solving
• Support commercial colleagues on the workability of proposed contractual arrangements for new projects, new contracts and spot cargoes
• Agree supply schedules with third parties
• Carry out contractual volume reconciliations ready for the annual delivery program discussions
• Ensure that all financial security is in place
• Manage relationships with external stakeholders, counterparties and service providers g. suppliers and customers, regulatory bodies, inspectors and survey companies
• Vet LNG Vessels and ensure compliance with internal Chartering Policy
• Close out the charter parties accounting for all costs, including TCP claims and obtain sign-off from Chartering
• Efficiently manage the trade-offs between bunker consumption, boil-off and vessel speed (heel management) instructing the vessel\xe2\x80\x99s Master accordingly
• Arrange Bunkers and OPL activities as required by the vessel and devise optimal voyage plans, working with the vessel and commercial colleagues
• Pro-actively close out operational-related disputes, including COU issues, with external and internal counterparts or support and guide less experienced team members where necessary
• Actively engage and support local team when engaging with the Freight and Cargo Commercial Operations Team across the other hubs to ensure the Operations process alignment, business continuity and commercial added value to meet current and future business needs
• Promote LNG Operations as an important, valuable, and dependable part of the business

Experience required:

• At least 3 years\xe2\x80\x99 of trading operations or similar relevant experience in the Japanese fuel markets or utilities companies
• Experience in the LNG industry would be required
• A key criterion is to be able to operate within a non-standard environment where the counterparty requires and expects considerable support and at the same time be able to gently introduce standardization and efficiency
• A good level of fluency in the English, Japanese and Korean language, both written and spoken is essential to liaise with, and participate in business meetings with our Japanese and Korean counterparties daily

Person Specification

• Meticulous with detail and possess the ability to work independently
• Possess excellent interpersonal and communication skills to manage external and internal stakeholders with confidence and professionalism
• Excellent communication skills, with the ability to understand and convey complex information accurately and effectively in English and Japanese
• Ability to think outside the box with an appetite for continuous improvement
• Team player and able to work as part of a growing team within a dynamic, multi-cultural office environment

Other Information:

Role Opportunity

This role offers an excellent opportunity to further develop skills and responsibility within a growing and successful commodity trading business.

About Us:

About the Company

JERA Global Markets (JERAGM) is a leading utility-backed seaborne energy trader specialising in LNG, coal and freight. A joint venture between majority shareholder JERA Co., Inc. and EDF Trading, JERAGM\xe2\x80\x99s shareholders are among the world\xe2\x80\x99s largest utilities.

JERAGM operates one of the largest energy portfolios in the world which gives it an in-depth understanding of the way local, regional and international energy markets behave. These insights enable it to help its customers increase security of supply, optimise their portfolios and improve the risk management of their assets.

JERAGM LNG team manages the flexibility of over 35 million tonnes of supply each year, with structural access to both the European and North American gas markets. The coal team manages 60 million tonnes of supply each year for its shareholders and third-party customers and operates a major coal terminal in the Netherlands.

Headquartered in Singapore, JERAGM has a global talent pool of more than 250 people across offices located in four strategic locations: Singapore, Japan (Tokyo), the UK (London) and the US (Baltimore).

JERAGM is strongly capitalised with over US$500 million in paid up capital and a total equity of US$3 billion. JERAGM has retained its A+ Stable rating from R&I, attributable to a robust business model and solid financial base.

JERA Global Markets