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Karan Group - Manager - Trade Operation

Karan Group - Manager - Trade Operation

Karan GroupInternational, India
5 days ago
Job description

Trade Officer / Manager (depending on the level of responsibility)

Location : Dubai

Primary Responsibilities :

1. Trade Execution and Settlement :

  • Facilitate the execution and settlement of trades (could be in commodities, financial instruments, or physical goods).
  • Ensure all trading transactions are processed accurately and promptly.
  • Monitor trades for discrepancies or issues that need immediate resolution.

2. Documentation and Compliance :

  • Prepare and verify trade documentation (purchase orders, invoices, contracts, shipping docs, etc.).
  • Ensure compliance with local and international regulations, including customs documentation for imports / exports.
  • Ensure adherence to company policies and external regulations (e.g., sanctions, trade laws).
  • 3. Risk Management :

  • Monitor market movements, assess risk, and implement risk management strategies to minimize exposure for the company.
  • Identify and report any potential risk issues during the trading process, especially with cross-border trade.
  • Coordinate with risk management teams to mitigate financial or logistical risks.
  • 4. Logistics and Supply Chain Coordination :

  • Coordinate the movement of goods (if it's a physical commodity trade) from suppliers to end customers, including shipping, handling, and customs.
  • Manage inventory and stock levels, ensuring trade orders align with supply chain capabilities.
  • Liaise with freight forwarders, carriers, and customs authorities to ensure timely and efficient delivery.
  • 5. Financial and Reporting :

  • Assist in tracking trade-related costs and revenues, ensuring proper accounting for each transaction.
  • Provide regular trade operation reports and insights to senior management.
  • Work with finance teams to ensure accurate invoicing and payment collections for international trades.
  • 6. Coordination with Internal Teams :

  • Work closely with sales, trading, and finance teams to ensure smooth operations from trade initiation to execution.
  • Address and resolve any operational issues, ensuring minimal disruption to the trade process.
  • 7. Customer and Supplier Relationship Management :

  • Communicate effectively with clients and suppliers, ensuring they are updated on trade progress, delivery status, and any issues.
  • Build and maintain strong relationships with key stakeholders in the supply chain.
  • 8. Technology and Systems :

  • Utilize trade management systems or platforms to monitor and manage the execution of trades.
  • Stay up-to-date with trading software, industry-specific tools, and technologies to streamline operations.
  • 9. Dispute Resolution :

  • Handle any disputes or issues that arise during trade execution, whether related to pricing discrepancies, shipment delays, or quality issues.
  • Act as a point of contact for any complaints or concerns related to trades.
  • Key Skills :

  • Attention to Detail : Accuracy in processing trade documentation and transactions.
  • Communication Skills : Strong interpersonal skills to liaise with clients, suppliers, and internal teams.
  • Problem-Solving : The ability to quickly resolve operational issues or discrepancies.
  • Analytical Skills : Ability to understand market trends, risk factors, and trade logistics.
  • Knowledge of International Trade Laws : Familiarity with customs regulations, tariffs, and international compliance.
  • Organizational Skills : Managing multiple tasks and coordinating various stakeholders efficiently.
  • Technical Proficiency : Familiarity with trade platforms, ERP systems, and Excel or other data analysis tools.
  • Required Qualifications :

  • A bachelors degree in Business, International Trade, Supply Chain Management, Finance, or a related field.
  • Experience in trade operations or international trade, typically 5-6 years (depending on seniority).
  • Familiarity with trade documentation, letters of credit, and payment terms (e.g., FOB, CIF).
  • Experience with logistics, customs clearance, and global shipping is a plus.
  • (ref : iimjobs.com)

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