Publisert: 16.10.19

At Western Bulk the Risk & Business Analysis team works as a start-up within a traditional industry. We use and experiment with the latest technology tools to sustain a commercial edge in a highly competitive and global shipping market. Join us on our journey!

About the role:

Western Bulk (WB) is seeking a data science summer intern to join the Risk & Business Analysis team in Oslo. Risk Management is a central part of WB's trading model, and the Risk & Business Analysis team is responsible for monitoring and managing market-, credit- and liquidity risk, as well as using data analytics and business intelligence tools to gain insight and help WB maintain a market edge.

As part of our team you will:

• Support different projects related to data science. This stretches from projects like using machine learning to predict vessel consumption, to using various statistical methods to forecast market movements.
• Develop and maintain models that allow the company to extract meaningful insight across all business areas.

We are looking for a motivated candidate who fit the below requirements:

• A student in Math/Statistics/Physics/Engineering/Finance/Computer Science or similar.
• Strong quantitative and analytic skills.
• High level of skills in Python or other similar programming languages, with knowledge of machine learning as a plus.
• Curious to learn about dry bulk shipping.
• Creativity when it comes to visual presentation of data and results.
• Strong written and verbal English skills.
• Unafraid to challenge established views.

You will have the opportunity to learn and grow in a young, highly dynamic and ambitious trading environment. For more information, see www.westernbulk.com

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Om Western Bulk

  Profil

  Nettside

Western Bulk (WB) is an asset-light dry bulk operator and freight trader, operating a fleet of about 100 -150 Panamax, Supramax and Handysize vessels. The company combines highly commercial trading skills with technology, advanced analytics and risk management to succeed in an extremely competitive and global shipping market.

WB seeks to offer flexible, high-quality ocean freight services to its customers, leveraging on its global trading pattern, relationships and operational expertise. Through its constant presence in the various regional and local freight markets, WB gains valuable market intelligence that it uses to take positions in the market – trying to identify and benefit from short term price variations, trend breaks and arbitrage opportunities. Moreover, value is created by constantly seeking to optimise the scheduling of vessels and cargoes, reducing ballast time and finding ways to operate voyages as efficiently as possible.

Each of WB's nine Commercial Teams operate as decentralized profit centres, using ships, cargoes and derivatives for directional play and arbitrage in the market. Risk management is a central part of WB's trading model, and the company also invests heavily in the use of technology and advanced analytics for decision support and market forecasting.

Western Bulk is headquartered in Oslo, and has offices in Singapore, Dubai, Seattle, Santiago, Casablanca  and Copenhagen.

For more information, see www.westernbulk.com