Trade Operations Executive

2 weeks ago


Singapore CA Search Full time
Commodities, Oil and Energy

  • 04 January 2023

Offered Salary:

  • Salary will commensurate with relevant experience

Experience:

  • 5 to 7 years

Qualifications:

  • Bachelor's Degree

Location:

  • Singapore, Singapore

THE ROLE:


Carry out post trade contract activities and day-to-day execution of bulk physical contracts concluded by the regional and local trading team.

This involves planning shipments to payment collection.
Acknowledgment of nomination to buyer and sending it on to shipper ensuring shipper acceptance of nomination.
Preparation & maintenance of shipment files in trading system and any hard copies if required.
Arrange local or overseas courier to send out original documents.
Update excel sheets of shipment plans and supplier call forward plans at pre-planning stage.
Join weekly execution calls with Singapore and/or regional teams.
Comply with any reasonable instruction issued by your manager.

Changes in the business may occasionally require alterations in this job description and these will be agreed with the post holder as appropriate.


For bulk shipments - ensure all information like Dem/Des, documentary instruction or LCs (if required) are in place before loading.

Issue documentary instructions to shipper for timely preparation of shipping documents and follow up on draft documents for checking.
Create shipment number in our in-house system, Suite
Ensure all drafts are checked and confirmed by buyer and passing on to shipper.
Follow up on scanned signed documents and original documents.
Instruct/Appoint cargo surveyors at loading and discharging port(s).
Create sale invoice and upload all shipping documents in Suite.
Ensure payments from buyers are made in time before shipments arrives at destination.

REQUIREMENTS:

Degree with around 5 to 7 years of relevant working experience in commodity trading house
Experience in handling bulk shipments required
Established in negotiating documents basis CAD, Bank Documentary Collection, and Documentary Letters of Credit.
Experience in Letter of Credits negotiation and UCP, ISBP rules would be helpful.
Fast learner and be able to work under pressure
Ability to act with integrity when dealing with confidential matters

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