Trade Operations Specialist
6 days ago
Agrocorp International is a leading player in the commodity trading industry, committed to delivering exceptional services to our clients.
Job OverviewThe Trade Operations Specialist will play a crucial role in ensuring seamless operational support for the trade desk, maintaining accuracy and timeliness of documentation, solving critical problems, and fostering cross-departmental collaboration.
Key Responsibilities:- Quality of Work - Trade Support:
- Ensure timely and accurate preparation of trade-related documents, such as Letters of Credit (LCs), contracts, and shipping documents.
- Monitor and handle critical situations, providing effective problem-solving solutions in collaboration with various departments.
- Collaborate with traders to ensure their inputs are reflected before handing over assignments to the operations team.
- Maintain cross-departmental coordination—especially between wheat, pulses, and other commodity desks—to ensure seamless allocation of resources and execution of tasks.
- Track and monitor the negotiation and payment of LC documents, ensuring compliance with terms even if LCs are opened post-shipment.
- Oversee the team's performance, conducting quality checks on weaker staff to ensure document accuracy and timely actions.
- Standard Operating Procedures (SOPs) and Process Improvements:
- Create and enforce SOPs related to banking processes, allocation of trade finance, and documentation requirements.
- Conduct regular reviews of processes and checklists to identify opportunities for improvement.
- Ensure continuous supervision of staff, particularly those who are prone to overlooking important steps, to minimize errors.
- Oversee the implementation of checklists, ensuring that all staff consistently follow them to reduce errors and improve efficiency.
- Reporting & Troubleshooting:
- Facilitate weekly meetings with Operations, Traders, and Management to review and discuss ongoing transactions, flag issues, and troubleshoot operational bottlenecks.
- Ensure shared data files and reports are updated in real-time by all relevant teams (Operations, MO, and TF) for clear visibility into the status of all transactions.
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Trade Operations Specialist
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