Team Lead

Job Title: Team Lead Trade Execution (Oils)

Reporting: Sr. Trade Execution Manager

Key Responsibilities

• Follow-up and gather information on shipment to be executed - vessel selection and confirmation from the Business Team

• Perform vessel screening to ensure compliance as per Bunge Global guidelines – Review of reports, Check availability of vessel charter party agreement, vessel certificates and others

• Gather information on contracts (Should be familiar with sale/Purchase contracts/Norms)nominated on the vessel to be executed from the Business Team

• Reconcile trader’s spreadsheet and contracts filed in system for contracts allocated

• Update vessel nomination details to Sellers and Buyers (counterparties)

• Follow-up and get conformance on vessel nomination from counterparties

• Prepare and issue cargo stowage plans

• Request the Business Team to nominate surveyors and load port agents for the vessel

• Monitor loading/discharge operations and coordinate with surveyors and load port agents

• Send regular updates to Buyers on the vessel status

• Update and maintain vessel master status files

• Create contract vessel and parcel in SAP system.

• Nominate purchase/sales contracts in SAP system

• Timely execute & settle purchase/sales contracts in SAP system

• Provide guidance and inputs to co-workers (Should be familiar with Export Import Documents process) on documents to be prepared for vessel execution for submission to internal and external stakeholders.

• Receive freight and purchase invoices from sellers and forward it to co-workers (Finance team) for payments processing

• Perform calculation for laytime and unplanned expenses

• Identify and forward debit/credit note requests to co-workers (Finance team) for processing with required approvals from the Business Team

• Negotiate Letters of Credit and Prepare shipping documents

Additional responsibilities:

• Resolve execution related queries within defined timelines

• Review and support Officers in trade execution of shipments/vessels and trade contracts

• Provide reports and run queries to assist the Finance Team in period end closing process

• Identify ideas for process improvement utilizing industry leading practices

• Handle exceptions generated, perform root cause analysis to resolve current issues and act proactively to avert potential issues in future

• Provide all information, documents and reports for audit. Post the audit; take steps as per corrective action plan drafted by the SDL

• File and archive relevant documents.

Management/Leadership:

It’s a People manager profile and one should have great leadership skills to not only run the operations but also manage to work around the resource building for sustainable development of the process with Bunge. One should be able to comprehend the Business requirement and work on all the soft points from required to develop BBS as “Partner of Choice” for Global Stakeholders.

Knowledge and Experience

Essential:

• 8-10 years of work experience in a similar role.

• Relevant experience in handling bulk veg oil shipments comprising of soft oils and palm oils, with good knowledge of FOSFA, PORAM, ANEC contracts’ rules

• Minimum Education Qualification – Graduation. Post-graduation would be an advantage.

• Good knowledge of concepts and procedures related to shipment of trade commodities and related terms & guidelines, including expertise in Letters of credit and shipping documents

• Ability to provide high quality level of customer service to internal & external stakeholders involved in contract execution & settlement

• Ability to work independently, efficiently and deliver high quality output under time pressure

• Independent and meticulous with figures

• Strong written & oral communications skills in English. Knowledge of European languages added advantage.

• Strong problem solving & organization skills

• Experience in managing people and processes through a sustained period of change

• Excellent computer skills and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook)

• Experience in working with SAP system.

Distinct Advantage

• Experience working in a similar Shared Services Centre setup

• Experience in processing of high volumes of transactions

• Experience in workflow tools and document imaging systems

• Strong customer service, communication skills/soft skills.