Senior Officer (Contracts and Trade Support)

Job Detail

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.