Trading Operator

5 months ago

Mumbai Maharashtra, India Gennext Strategy Advisors Full time

**Greetings from Gennext Strategy Advisors**

Gennext Strategy Advisors is currently hiring for Trading Operator

**Education**:Bachelor's degree in Business, Supply Chain Management, or a related field. An advanced degree is a plus.

**Experience**: Minimum 5-7 years

**Location**: Dubai - UAE

**Role**: Trading Operator

**15000 Dirams-16500 Dirams Per Month (Remote Facility available)**

**Duties & Responsibilities**:
**1. Contract Management**
- Ensure operations do not start (including providing nominations) until a written contract has been sent out or received from the counter party as appropriate; where no contract is in place then the required exemption should be obtained.
- Check trader deal sheet / recap against contract, contact traders for corrections in case of discrepancies.
- Read and understand the contractual content, terms and conditions.
- Issue instructions to the relevant counter-parties to execute the final contract, plus any amendments.

**2. Financial Security**
- Ensure no delivery is executed without adequate financial security in place as specified in the contract.
- Timely instruction for issuance of outgoing invoice/process of incoming invoices.

**3. Cargo Management**
- Nominate vessels under the contract agreed by the trader.
- Issue documentary instructions to meet letter of credit (LC), customs and contractual requirements.
- Issue custom declarations (where applicable).
- Appoint inspectors for Quality and Quantity (Q&Q) as per contractual requirements and other measures/analyses requested by traders.
- Process purchase, sale and services invoices.
- Storage/Terminal management (where applicable).

**4. Commercial Understanding**
- Fully understand how each deal is priced and ensure pricing events are managed correctly.
- Basic understanding of hedging and the exposure on each cargo.
- Good commercial awareness in Operations - (e.g volume tolerances, freight economics, demur-rage savings, price exposure).

**5. Vessel Management**
- Clear the vessel with terminal and counter-parties and vetting process through Charterers.
- Read and understand the fixtures.
- Issue instructions to the vessel on voyage orders / agents appointed / LO-Is.
- Process all shipping invoices.

**6. Insurance & Claims**
- Quality and Quantity Claims Management
- Auxiliary Claims Management
- In the event of any issues during execution of the contract, collect / coordinate documents, and correspondence with Insurance company as required.

**7. Coordination and Data Input**
- Ensure correct and timely input of all details concerning the deal into trading system
- Creation of Operators Files.
- Ensure the deal in the system is correct and matches final contractual terms.
- Enter and update vessel movements, event dates, Q & Q.
- Enter and update details for invoicing of goods plus costs for services.
- Maintenance and cleaning of cost accruals.
- Ensure pricing details are correct, to enable prompt invoicing.
- Timely issuance of outgoing invoices.
- Check and allocate incoming invoices for cargoes and related costs.

**Knowledge, Skills & Abilities**:

- Bachelor’s degree
- A minimum of 5 to 7 years’ experience in commodities trading, cargo and / or shipping operations in refined products or crude.
- **Knowledge of the international trading environment, operational experience in West Africa / Arabian Gulf / Singapore / Malaysia a plus.**:

- Knowledge of operational and financial procedures.
- Strong organisation skills and ability to manage priorities.
- Good negotiation skills and ability to build productive relationships.
- Excellent communication skills with the ability to give (and receive) accurate instructions in a written and verbal form.
- Demonstrate versatility; ability to adapt to situations and resolve problems quickly.
- Autonomous, proactive and continuously thinking ahead.
- Assertive, with the ability to motivate others.
- Competency in complex structured deals.
- Good judgment skills and ability to come up with solutions, while minimizing risk and optimizing the company’s interests.
- Strong analytical skills.
- Knowledge of Microsoft Office Suite especially Excel
- Total Experience:

- Current CTC:

- Expected CTC:

- Notice Period:

- Current Location:
**Salary**: ₹4,000,000.00 - ₹4,500,000.00 per year

Schedule:

- Day shift

**Experience**:

- Trading Operator: 5 years (preferred)
- Crude Oil, Fuel & Middle Distillates: 5 years (preferred)
- Operational Tasks: 5 years (preferred)
- Contract & Cargo Management: 5 years (preferred)
- Vessel Management: 5 years (preferred)

Work Location: In person

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