Team Lead - Oil Execution

Job Title : Team Lead Trade Execution (Oils)

Reporting : Sr. Trade Execution Manager

Key Responsibilities

• Follow-up and gather information on shipment to be executed - vessel selection and confirmation from the Business Team
• 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 (Should be familiar with sale / Purchase contracts / Norms)nominated on the vessel to be executed from the Business Team
• Reconcile trader’s spreadsheet and contracts filed in system for contracts allocated
• Update vessel nomination details to Sellers and Buyers (counterparties)
• Follow-up and get conformance on vessel nomination from counterparties
• Prepare and issue cargo stowage plans
• 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
• Update and maintain vessel master status files
• Create contract vessel and parcel in SAP system.
• Nominate purchase / sales contracts in SAP system
• Timely execute & settle purchase / sales contracts in SAP system
• Provide guidance and inputs to co-workers (Should be familiar with Export Import Documents process) 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
• Perform calculation for laytime and unplanned expenses
• Identify and forward debit / credit note requests to co-workers (Finance team) for processing with required approvals from the Business Team
• Negotiate Letters of Credit and Prepare shipping documents

Additional responsibilities :

Management / Leadership :

It’s a People manager profile and one should have great leadership skills to not only run the operations but also manage to work around the resource building for sustainable development of the process with Bunge. One should be able to comprehend the Business requirement and work on all the soft points from required to develop BBS as “Partner of Choice” for Global Stakeholders.

Knowledge and Experience

Essential :

Distinct Advantage