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Trade Execution Executive

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Job ID SIN01913 Date posted 07/13/2020 Location : Singapore, Singapore

Position Purpose & Summary:

 

This position is responsible to execute Cargill's Metals Trade Operations activities for international Steel cargo (IFT, International Ferrous Trading)

 

Principal Accountabilities:

 

40% - Plan and execute the shipment as per the commodity contract:

  • Interpretation of contracts terms and execute the payment which includes Letter of credit, DP / DA, bank guarantee, and etc as per the contract.
  • Supervise the planning of cargo which includes vessel nomination, shipping advice, insurance declaration, discharge / load port agent appointment, and load / discharge operation.
  • Manage shipping documents and payment which includes the ensuring of accurate invoices / shipping documents issued by the shipper.
  • Maintain close contact with surveyors for preloading, loading, and discharging inspection.
  • Proactively highlight and resolve risks and issues related to the execution of the shipment.

 

35% - Management of Contract:

  • Ensure understanding and correct application of commodity contracts and contractual obligations.
  • Negotiate the contract terms with external customers and manage internal alignment on contracts signed.

 

10% - Finalisation of the shipment execution:

  • Settlement of AR / AP which includes laytime and cargo payments.
  • Negotiate / settle the claims / dispute and respond effectively and proactively to problems
  • Manage commissions and related invoices for payment approval.

 

15% - Others:

  • Maintain frequent and positive relationship for both internal and external customers.
  • Proactively foresee and highlight the opportunities, risk, and exposure.
  • Liaise with the commercial, legal, treasury, trade structured finance, tax, ocean transportation, and accounting departments to resolve the problems which may arise from shipment related issues.
  • Act as coach to develop team member’s skills and knowledge.
  • Provide inputs on improvements for the effectiveness / productivity of trade execution work process.


Required Education & Experience:

  • A university degree and at least 5 years of related experience in international trade of bulk cargo (steel cargo would be an added advantage).
  • Strong knowledge of letter of credit, UCP rules, ISBP, Incoterms, and contract execution concept.
  • Comprehensive knowledge in shipping and international practices like C/P terms and its relation to sales / purchase of contracts, laytime calculations, C/P B/L requirements, and insurance classifications
  • Basic legal / accounting knowledge relating to the sales / purchase contract terms and execution issue / dispute / solutions.
  • Experience in evaluating risk exposure and providing direction / inputs for next steps.
  • Hardworking, patient, details orientated, and team player
  • Proficient in MS Office.

Preferred Skills & Experience:

  • Strong negotiation, communication and interpersonal skills.
  • Ability to work independently and under high pressure.
  • Very strong interpersonal agility and cultivates networks with people across the organisation.

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