Trade Execution Executive

September, 2020

One of our global shipping clients is looking for an energetic and experienced Trade Execution Executive to join their dynamic and culturally diverse team. He/she would be responsible to handle the full execution activities of the business for the commodity platform assigned (Dry Bulk) in our client’s Singapore Regional office. The ideal candidate would have at least 3 years of relevant experience preferably in a commodity trading environment and should possess knowledge of Incoterms, UCP/ISBP rules, UCP/ISBP rules, GAFTA, FOSFA and Charter party terms.

 Responsibilities

  • Issuance of contracts after trades are validated and to communicate to the trading desk for any discrepancies
  • Liaise with suppliers, internal and external customers to plan and manage the shipments according to contractual requirement. Activities include following up on freight bookings and vessel tracking, checking the shipment plan, sending vessel nominations, sending/receiving shipping instructions, appointment of surveyors for loading and discharging operations, receiving/issuing letter of credit, sending receiving shipment tenders, preparation and negotiation of shipping documents to ensure settlements are done timely and correctly
  • Responsible for maintenance of the trading system to ensure the contract execution status is correct and all relevant data is input correctly and on time
  • Responsible for vessel laytime calculation, demurrage and insurance settlements for the shipments handled
  • Responsible for tracking and closing of aging files (laytime and other receivables/ accruals)
  • Provide high value support to the business, anticipate risk, risk mitigation, and provide solution to the business
  • Any other tasks as assigned by department manager

Qualifications

  • Minimum diploma required (Degree preferred) in Maritime Studies or relevant field of study
  • 3 years of relevant working experience preferably in a commodity trading environment
  • Knowledge of Incoterms, UCP/ISBP rules, UCP/ISBP rules, GAFTA, FOSFA, Charter party terms
  • Knowledge of vessel laytime calculation preferred but not essential
  • Able to work independently and in a fast pace environment
  • Able to prioritize multiple tasks, meet deadlines and propose solution

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