Sr. Executive/Manager, Trade Operations

2 weeks ago


Singapore FORTREC CHEMICALS AND PETROLEUM PTE. LTD. Full time
Roles & Responsibilities

Responsibilities:

(1) Letter of Credit (LC) Management:

  • Review, negotiate, and follow up on export and import LC terms and amendments with buyers and suppliers.
  • Liaise with banks for LC issuance and address any related queries.
  • Manage LC amendments and price adjustments in response to formula-based pricing changes.
  • Provide instructions for Bills of Lading.
  • Calculate the LC provisional price and seek clarity from stakeholder if needed.
  • Issue Proforma invoices related to LC issuance.

(2) Operational Execution and Compliance:

  • Ensure proper execution of marine cargo insurance and inform insurance brokers of details for CIF shipments.
  • Handle deviations in shipping instructions and coordinate with the chartering team for resolution.
  • Oversee inspection requirements for cargos and coordinate with surveyors and commercial team for product analysis and testing.
  • Ensure all trade operations comply with the assigned market's regulatory standards and manage trade documentation

(3) Documentation and Process Improvement:

  • Prepare debit or credit notes and follow up on documentation for price differentials.
  • Liaise with surveyors and vendors for sending samples to customers and partners for testing.
  • Continuously improve processes for efficiency and accuracy.

Requirements:

  • Diploma or Degree in Business Studies, Finance, Logistics, or a related field.
  • 5 to 8 years of relevant experience in trade operations, logistics, or supply chain management with a strong focus on international markets.
  • In-depth understanding of the market trading environment, including regulations, logistics and financial practices.
  • Strong organizational, negotiation and problem-solving skills.
  • Proficiency in MS office, especially with MS Excel for data analysis.
  • Ability to identify and solve moderate complex trade finance transactions and logistics challenges, ensuring compliance and operational efficiency.
  • Strong attention to details and ability to work independently as well as part of a team.
Tell employers what skills you have

Negotiation
Data Analysis
Ability To Work Independently
Process Improvement
Letter of Credit'' process
Inventory
Structured Trade Finance
MS Office
Trade Finance
Compliance
Attention to Details
Supply Chain Management
Excel
International Trade Finance
Pricing
Directing
Shipping
Product Analysis

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