Senior Officer (Contracts and Trade Support)

  • Full time
  • Singapore, Singapore View on Map
  • posted 1 month ago
  • Posted: August 30, 2024 -Accepting applications

Job Detail

  • Job Reference T11641

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.

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