Trade Execution Coordinator - Bulk Execution and Containers Execution
Job Purpose and Impact
Execute shipment of commodities in breakbulk/tanker vessels while coordinating with internal and external counterparties/agencies ensuring compliance and quality management.
Key Accountabilities
End To End Trade Execution : Pre-shipment, post-shipment and Finalization (60%)
- Ensure seamless execution for bulk vessel shipments, involving contracts management, planning, execution and finalization of shipment, independently with minimal supervision.
- Handle contractual notices : Nomination, chartering advice, appropriation,extension and FM notices.
- working with Financial Structures to get L/C’s confirmed and attention to detail knowledge on L/C checks/execution.
- Documents creation & presentations under various payment terms including CAD, Letters of Credit etc.
- Independently manage operational escalations
- Support updation of SOP’s.
- Perform compliance screening of vessels.
- Execute paper trade settlements(circles/washouts/string)
- Support backup planning
- Induct & train new team members.
- Manage LOI issuance process and ensure risk aversion in the exection.
- Provide information,documents and reports for audits.post audit adhere to corrective action plan prepared by business.
- Handling disputes on quality,shrinkage,LOP’s and fumigation.
- Handling month end activities and support month end reconciliation of P&L.
Communication (30%)
- Maintain and develop relationships with intercompany/3rd party customers, vendors, traders and other business partners.
- Review of open contracts with business in reference to shipment planning.
- Closely work with finance, trader and Middle office teams on month end closure process.
Process improvement (10%)
- Under guidance work on opportunities to optimize costs and Time efficiency.
- Conduct routine risk analysis on execution plans/contracts to provide recommendation for next steps.
- Under direct supervision, participate in process improvement analysis to search for process efficiency opportunities and deliver data driven recommendations
Qualifications
- Post graduate in any field (preferably In Interntional Busines or Export/Import Documentation)
- Fluent in both written and spoken English
- Proficiency in Analytical tools, MS Office (word/excel/Power Point/PBI/Aries etc.),
- Minimum 3-5 Years of exp in the Field of Supply Chain, Shipping & Documentation.
- Flexible and adaptive to changing conditions in the business/markets/industry.
- Effective decision making and problem solving skills.
- Knowledge regarding vessel handling and port operations.
- Knowledge in grains and other Agri commodities handling.
- Understanding of WCR implications and other Trade Execution related metrices.
- Should be well versed with GAFTA/FOSFA/NAEGA/ANEC contracts and it’s application.
- Knowledge of UCPDC/LCs/INCOTERMS etc
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