Trade Execution Executive
- Full time
- Singapore, Singapore View on Map
- posted 1 day ago
- Posted: January 20, 2025 -Accepting applications
Job Detail
Job Description
• The individual in this role will be accountable for vessel laytime calculation, demurrage, and insurance settlements related to the handled shipments.
• Tracking and closing of aging files, specifically those related to laytime and other receivables/accruals, will be managed.
• The position is expected to provide valuable support to the business, actively anticipate risks, develop risk mitigation strategies, and offer business-oriented solutions.
• After validating trades, contracts will be issued, and in case of any discrepancies, communication will be established with the trading desk.
• Collaboration with suppliers, internal, and external customers will be conducted to plan and oversee shipments in accordance with contractual requirements.
Requirements:
• A minimum of a diploma (a degree is preferred) in Maritime Studies or a relevant field of study.
• Ideally, the candidate should possess 3-4 years of trade operations experience, with a preference for experience in a commodity trading environment.
• Knowledge of Incoterms, UCP/ISBP rules, and Charter party terms is essential.
• Familiarity with ‘GAFTA’ and ‘FOSFA’ will be considered a plus.
• Although not mandatory, familiarity with vessel laytime calculation is advantageous.
