Senior Officer (Contracts and Trade Support)

Job Detail

• Job Reference T11668

Job Description

• Commercial contract drafting and terms negotiations.
• Responsible for ensuring that shipments and vessels are executed smoothly according to
  contractual terms.
• Letter of credit issuance, document presentations and negotiations.
• Calculate and monitor demurrage, claims, and other charges to minimize demurrage and settle payment.
• Liaise between traders, operations, and legal dept on contract status, terms and contract issues.
• Liaise with traders on open positions, vessels loading, and other issues pertaining to trading
  risks.
• Coordinate vessel execution with supplier/buyer/port operations and supervision
  companies.
• Ensure that contract memos and physical deal recaps are reported accurately and in a timely
  fashion to relevant internal stakeholders.
• Maintain and monitor credit limit database for counterparties and apply for credit limits
  when required.
• Perform daily reconciliation of trades with Market Risk / Middle Office to ensure that physical
  trading positions are represented accurately.
• Ensure that month-end transactions and other internal processes are completed in a timely
  manner.
• Assist in preparing and maintaining trade-related spreadsheets and data to support the Division's activities.
• Any other administrative task as given by the manager from time to time.

Requirements

• Good knowledge of trade finance, UCP600, ISBP.
• Minimum Diploma/Advanced Diploma or equivalent.
• At least 2 years of relevant experience in trade support function,experience in dry bulk commodities.
• Ability to do multi-task and handle high volume of transactions.
• Attention to detail and ability work within short timeline.