Senior Officer (Contracts and Trade Support)
- Full time
- Singapore, Singapore View on Map
- posted 2 months ago
- Posted: September 24, 2024 -Accepting applications
Job Detail
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.
