Trading Operations Executive
1 week ago
Min 1 year experience
Trading Operations Executive
Roles & Responsibilities
Scope of work and responsibilities
. Deliver, execute and document physical commodities delivery and contracts
. Create and negotiate Contracts to counter parties and ensure contract terms cover our risks and exposures
. To handle and manage shipping documents (including B/L, proforma/commercial invoice, packing list, certificate of origin, certificate of weight, quality, LOI, etc) independently
. To handle and manage all necessary documents for L/C, SBLC, Collection and bank negotiation independently.
. Negotiating and drafting of letter of credit
. To liaise with suppliers/buyers on cargo readiness, documentation and payment matters.
. To liaise with shipping agencies on shipping arrangements, vessel schedules and vessel movement
. To liase with freight team, ship brokers, insurance companies
. To be able to monitor invoice value, payment due date, outstanding payment.
. Able to calculate lay time, P&L
. Ensure shipment schedules and any trading database timely and accurately
. To work with traders and counterparties to transact and monitor all risks (including but not limited to credit / market / reputation/operational risks/ other internal division)
. Organize all electronic and physical records of all transactions, trade details for the cargo under the LC and cost ledger.
. Any other ad-hoc duties and Special Project as assigned
Qualifications
. Min 1 year of working experience in dry commodity industry handling dry bulk trading operations.
. Experience in Coal trading operations is an advantage for this role
. Good L/C knowledge is essential to this role
. Degree or equivalent in Business, Economics, Trade, Supply Chain, Maritime or related discipline.
. Excellent communications and interpersonal skills
. Meticulous and self-motivated with positive attitude
. Multi-tasking, can work independently, able to handle pressures and tight deadlines and willing to commit extra hours to meet timeline
. Good understanding of requirements in trade execution in a trading environment.
. Practical knowledge of UCP600, ISBP745 and Incoterms 2020
. Comprehensive knowledge of shipping and international practices i.e. C/P terms, lay time calculations, BL requirements, insurance, etc.
. Hardworking, details oriented, fast learner, be accountable and a team player.
. Experience with Microsoft office software (Excel, Word, Adobe)
. Strong verbal and written communication skills in English, and 1 other language preferably either Mandarin or Bahasa Indonesia.
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