Trading Operations Associate | Degree | Tanjong Pagar | 5 Days | Up To $6K - 4461
Summary
Manages commodity trading operations, including contract negotiation, shipment planning, and payment processing for iron ore contracts.
Position: Trading Operations Associate
Salary: $3,500 – $6,000
Working Days: Monday – Friday
Working Hours: 9:00am – 6:00pm
Location: Tanjong Pagar
Key Responsibilities
- Keep an accurate understanding and ensure the correct application of commodity contracts and contractual obligations.
- Negotiate contract terms with miners and external customers and align internally to facilitate contract signing.
- Plan and execute shipments in accordance with commodity contracts.
- Accurately interpret contract terms and execute payments/receivables, including Letters of Credit (LC), DP/DA, and other payment methods, in accordance with contractual terms.
- Assist in cargo planning, including vessel nomination, shipping advice, insurance declaration, discharge port agent appointment, and loading/discharge operations.
- Manage shipping documents and payments, ensuring accurate invoices and shipping documents are issued by miners.
- Issue provisional, preliminary final, and final invoices in a timely manner according to contractual terms.
- Handle AR/AP settlements, including laytime, freight differentials, and other related matters.
- Maintain strong relationships with customers while proactively identifying opportunities and highlighting potential risks or exposures.
- Liaise with various departments, including Commercial, Risk, Finance, and Shipping, to resolve operational issues.
- Recommend improvements to enhance the effectiveness and productivity of trade execution processes.
Requirements
- Bachelor's Degree or Diploma in International Trade, Maritime Mathematics, Statistics, Finance, Logistics, Business Management, Economics, or a related discipline.
- At least 2 years of relevant working experience.
- Must have experience handling LC and shipment
- Experience with iron ore products is required
Email: supreme.jacksontan@gmail.com
Tan Yong Zhi (Jackson) | Reg: R24124461
The Supreme HR Advisory Pte. Ltd | EA No: 14C7279