Process Executive - Trade Operations (India)

Process Executive - Trade Operations (India)

09 Aug
|
Bunge
|
India

09 Aug

Bunge

India

Role Purpose Statement This position is responsible to execute shipments/vessels and ensure flawless execution of commodity trade contracts, which services the Asia Pacific Oils Execution/operations for Bunge. This is an Individual contributor role with an added responsibility of controlling product Specific Execution, Position File with commercial & appointment of Surveyor /Shipping agents . Main Accountabilities:

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 nominated on the vessel to be executed from the Business Team

Update vessel nomination details to Sellers and Buyers (counterparties)

Follow-up and get conformance on vessel nomination from counterparties

Update and maintain vessel master status files

Create contract vessel and parcel in SAP system, and Nominate purchase/sales contracts in SAP system

Timely execute & settle purchase/sales contracts in SAP system

Receive freight and purchase invoices from sellers and forward it to co-workers (Finance team) for payments processing

Negotiate Letters of Credit and Prepare shipping documents

Prepare and issue cargo stowage plans for CDSBO vessels to India. Aligned with commercial to maximize the intake.

Finalize the Surveyor & Shipping agents to be appointed on CDSBO vessels and Monitor their Service delivery.

Provide guidance and inputs to co-workers (Documents team)



on documents to be prepared for vessel execution for submission to internal and external stakeholders Additional responsibilities:

Resolve execution related queries for the team & self within defined timelines

Provide reports and run queries to assist the Finance Team in period end closing process

Identify ideas for process improvement utilizing industry leading practices

Handle exceptions generated, perform root cause analysis to resolve current issues and act proactively to avert potential issues in future

Provide all information, documents and reports for audit. Post the audit; take steps as per corrective action plan drafted by the Team Leader. Impact/Dimensions Responsible to unlock the business value linked to the commodity contract by flawless execution of at-least 40 + vessels of around 20 Billion USD.

Ensure

Execution team is complying with SOX & Audit requirements under CON-0303, 08 & 09.

Key Performance

Indicators (KPIs) Timeline of completion of Execution Life Cycle (From BL date to Presentation Date). Baseline for best in Class TAT is 5 Days.

Control of Payment Collections from Buyer (Within Contractual Payment Deadline Major Opportunities and Decisions • Highly organized and able to work within required timeliness and applicable KPI’s





- 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 Management/Leadership This is an Individual contributor role and Management/Leadership skills are not mandated for this role. However this role is to be developed as a 2 Tier within 2-3 years to replace the Team Lead Trade Execution. IDP’s should be assigned after confirmation on this particular role. Key Relationships, Stakeholders & Interfaces: This is a role that interacts with trading, freight, execution, controlling, accounting, finance desks of Bunge Asia Region.

Knowledge and Technical Competencies: Relevant experience in handling bulk, break-bulk and container shipments of Agri-commodities, with good knowledge of GAFTA and NAEGA contracts’ rules.

Valuable knowledge of concepts and procedures related to shipment of trade commodities and related terms & guidelines, including expertise in Letters of credit and shipping documents

Strong written & oral communications skills in English. Knowledge of European languages added advantage

Excellent computer skills and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook)

Experience in working with SAP system (Added Advantage) Education/Experience

4-5 years of work experience in a similar role (Agri commodities Trade Execution or Agri commodities Shipment Execution)

Minimum Education Qualification – Graduation. Post-graduation would be an advantage.

MISC or CDCS (Added Advantage)

📌 Process Executive - Trade Operations (India)
🏢 Bunge
📍 India

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