Demurrage Team Lead

bp Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia

Demurrage Team Lead

The team lead will be responsible for developing a team of demurrage analysts who are responsible for tracking and handling demurrage costs incurred by the company due to delays in vessel arrival or departure. This role requires strong leadership skills as well as excellent communication and problem‑solving abilities.

Responsibilities

• Lead the end-to-end process of demurrage invoicing, ensuring timely and accurate billing.
• Lead all aspects of the investigation and resolution of demurrage disputes, working closely with internal teams and external partners to minimize costs and maintain positive relationships with customers.
• Develop and implement strategies to improve demurrage performance, including training programs for staff and implementing standard processes from other regions.
• Analyze data on demurrage trends and see opportunities for optimization, such as streamlining procedures or employing technology solutions.
• Collaborate with commercial teams to understand market sentiment and identify areas where demurrage policies can be adjusted to better align with industry standards and reduce financial risks.
• Provide regular updates to senior leadership on demurrage performance, highlighting key challenges and proposed solutions.
• Ensure compliance with relevant regulations and trade fields related to demurrage practices.
• Build and maintain strong relationships with team members within the organization, particularly those involved in trading and scheduling operations.
• Mentor junior professionals within the demurrage team, providing guidance on standard processes and promoting a culture of perfection and accountability.
• Stay informed about developments in shipping and transportation industries, identifying potential impacts on demurrage processes and adapting strategies accordingly.

Qualifications

Benefits

Seniority Level

Mid‑Senior level

Employment Type

Full‑time

Job Function

Information Technology

Industry

Oil and Gas

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform crucial job functions, and receive other benefits and privileges of employment.

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