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Trading Operations Executive

5-7 Years
SGD 6,000 - 7,000 per month
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Job Description

Min 5 years 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 5 years 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.

More Info

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Job ID: 144152899