Process Executive- Trade Execution

10 hours ago

Amritsar, Punjab, India Bunge Full time ₹ 5,00,000 - ₹ 15,00,000 per year

Location : Mohali

City : Mohali

State : Punjab (IN-PB)

Country : India (IN)

Requisition Number : 41210

Business Title

Process Executive - Trade Execution

Global Job Title

Anl I Trade Exec Int'l (BS-TI8539)

Global Function

Business Services

Global Department

Trade Execution – International

Organizational Level

9

Reporting to

Vibhu Vahishtha

Size of team reporting in and type

NA

Role Purpose Statement

This position is responsible to execute shipments/vessels and ensure flawless execution of commodity trade contracts, which services the GVA operations for Bunge Group. In addition, there is also responsibility to support Officers in transaction processing & issue resolution.

Main Accountabilities

  • 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 nominated on the vessel to be executed from the Business Team

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

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

  • 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

  • Create contract vessel and parcel in SAP system, and Nominate purchase/sales contracts in SAP system

  • Preparation of Shipping Documents like Bills of Lading, Packing List, Commercia invoice etc.

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

  • Provide guidance and inputs to co-workers (Documents team) 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

Knowledge and Skills

Behavior

Weigh business, financial and global knowledge to develop business opportunities with the greatest potential relevance to Bunge's strategic goals.

Grow Bunge's capabilities that attract, develop and retain talent, cultivate networks and partnerships through strategic influence.

Share a compelling vision and strategic direction that inspires others to action, setting high standards and leading effectively through change.

Technical

  • 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

Education & Experience

  • 3-5 years of work experience in a similar role

  • Relevant experience in handling bulk, break-bulk and container shipments of Agri-commodities, with good knowledge of FOSFA, GAFTA and NAEGA contracts' rules..

  • Minimum Education Qualification – Graduation. Post-graduation or MBA International Business would be an advantage.

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