
Trade Operations Manager
8 hours ago
The role involves overseeing and executing trade operations efficiently, accurately, and in compliance with industry regulations.
- Manage end-to-end trade operations, adhering to established procedures and timelines.
- Prepare, review, and process export and import documentation, ensuring compliance with international trade regulations.
- Handle Letter of Credit (LC) processing, including application preparation, document negotiation, and discrepancy resolution.
- Coordinate trade settlements, ensuring timely and accurate payments.
- Administer trade contracts, ensuring adherence to terms and conditions.
- Manage laytime, demurrage, and detention calculations and claims.
- Communicate effectively with internal and external stakeholders, including traders, brokers, suppliers, customers, and banks.
- Ensure compliance with relevant regulations and internal policies.
- Identify and implement process improvements to enhance operational efficiency and accuracy.
- Bachelor's or Master's degree.
- Minimum 2 years of experience in trade operations or a similar role within the commodity trading industry.
- Strong knowledge of Letter of Credit (LC) mechanisms, export/import documentation, and trade settlements.
- Familiarity with trade contracts and Incoterms.
- Understanding of FOSFA, GAFTA, and PORAM regulations and practices.
- Experience with commodity trading, laytime, demurrage, and detention.
- Excellent analytical, problem-solving, and communication skills.
- Proficiency in trade-related software and MS Office Suite, especially Excel.
- For senior roles: Proven experience in people management and team leadership.
- Good knowledge of financial markets, instruments, and trading processes.
- Strong attention to detail and accuracy.
- Effective communication and interpersonal skills.
- Ability to work independently and as part of a team.
- Strong organizational and time management skills.
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