Freight Commercial Trainee

2 weeks ago


Singapore Maritime Singapore Connect Full time

Louis Dreyfus Company Freight Asia Pte Ltd

  • About Us:
  • Louis Dreyfus Company is a global merchandiser of commodities, a major asset owner and a global processor of agricultural goods. The Freight department is one of the major global dry bulk freight operators, shipping 55 million tons of cargoes per year, managing integrated activities of chartering, trading and market analysis.
  • 2023 Graduate Trainee Program Freight Commercial
  • This is an 18month graduate program designed to equip you with foundational knowledge and professional skills in our Freight Department, with exposure to one of the major vessel operations and commercial activities. Through practical projects and mentoring from business leaders, you would gain deeper understanding of the business and competencies that are essential to furthering your career growth.
  • Depending on individual performance, you could expect to develop professionally in Freight trading / research after the program and beyond.
  • What we offer:
  • Exposure in a leading agri-commodities multi-national company with a diverse and inclusive workforce
  • Opportunity to build a solid foundation of knowledge and skills with handson learning opportunities
  • Coaching and mentoring from experienced seniors and leaders in the industry
  • Comprehensive benefits such as medical insurance coverage and flexibenefits scheme

Job Requirement

  • Key Department Responsibilities:
  • 1) Pricing of Freight and Rate Negotiation:
  • Communicates with internal traders and vessel owners/brokers to price freight needs; uses FFA and analyzes external price proposals to determine fair market prices.
  • Negotiates freight rates and other Charter Party contractual terms under supervision.
  • Research information from the freight market through communication with brokers and owners to assist in accurately assessing freight levels and projecting freight levels.
  • Provides information on grain and minor bulk flows as well as competitor and supplier activities to the global team as applicable.

2) Freight Contract Execution:

  • Works closely with Freight Operations to stay on top of the itineraries, stowplans, and voyage execution P&Ls. Ensuring all documentary and administrative requirements are completed in timely manner.
  • Evaluates and monitors contract performance to ensure compliance with contractual obligations and/or to determine the need for changes; consults with the Senior Trader on unusual price strategy, policy and operational issues.
  • Adheres to the Corporate and/or Platform Risk, Credit, Compliance, and Ethics guidelines

Documents required:

  • Interested applicants are requested to submit your updated resume and a cover letter explaining 1) why you are interested in the Graduate Trainee Program/commodities industry, 2) your expectations of the program, and 3) highlight how your personal/professional skills would be a great fit for the program
    Requirements:
  • Degree in Finance, Economics, Business or equivalent
  • 02 years' experience in commodities/maritime/shipping or related industry
  • Strong problem solving and numerical/analytical skills
  • Good verbal and written communication skills
  • Ability to work independently and handle conditions of uncertainty
  • Proficiency in data analysis and programming languages e.g., VBA, Python a plus

More Information

Job Id

  • 1TEMFH9EXJZJSUEE5P40
    Job Function
  • Management Trainee Programme
    Employment Type
  • Full Time
    Position Level
  • Fresh / entry level
    Min. Education
  • Degree
    Location
  • Singapore
    No of Vacancies
  • 1

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