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Trade Operations Team Lead
Trade Operations Team LeadBunge • Republic Of India, IN
Trade Operations Team Lead

Trade Operations Team Lead

Bunge • Republic Of India, IN
11 hours ago
Job description

Role Purpose Statement

  • Bunge Limited (www.Bunge.Com, NYSE : BG) is a leading global agribusiness and food company operating in over 40 countries with approximately 35,000 employees. Bunge buys, sells, stores and transports oilseeds and grains to serve customers worldwide;
  • processes oilseeds to make protein meal for animal feed and edible oil products for commercial customers and consumers;
  • produces sugar and ethanol from sugarcane;
  • mills wheat, corn and rice to make ingredients used by food companies;

and sells fertilizer inSouth America. Founded in 1818, the company is headquartered in White Plains, New York. Bunge has implemented a Shared Services Center in Mohali, India to support Global Operations in areas of Finance & Accounting, Trade Operations, Treasury and IT Support and other back office support Services

This position is responsible to execute shipments / vessels and ensure flawless execution of commodity trade contracts, which services the Asia Pacific 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
  • Key Performance Indicators (KPIs)

  • Reduce the Cash Cycle for trade flows under different value chains .
  • Target minimum 90 % accuracy in Documents Preparation, and Presentation
  • Maintain Documents presentation time line within 10 working days overall average .
  • Major Opportunities and Decisions

  • Highly organized and able to work within required timeliness and applicable KPI’s
  • Flexible and adaptive to changing conditions in the business / market environment
  • Strong customer service, communication skills / soft skills
  • Attention to details, process oriented and analytical skills
  • Work well as part of a team to achieve a common objective
  • Effective decision making and problem solving
  • Key Relationships, Stakeholders & Interfaces

    This is a role that interacts with trading, freight, Origin execution, controlling, accounting, finance desks across the regions Bunge serves.

    Knowledge and Technical Competencies

  • Good knowledge of concepts and procedures related to shipment of Veg Oils and related terms & guidelines, including expertise in Letters of credit and shipping documents. Knowledge of tanker operations is must.
  • 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

  • 6-7 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.
  • Distinct Advantage

  • Experience working in a similar Shared Services Centre setup
  • Experience in processing of high volumes of transactions
  • Experience in workflow tools and document imaging systems
  • Strong customer service, communication skills / soft skills
  • Create a job alert for this search

    Team Lead • Republic Of India, IN

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