Associate Team Lead - Trade Execution
Bunge · PB
| City : Mohali | State : Punjab (IN-PB) | Country : India (IN) | Requisition Number: 47454 |
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 in South 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.
Knowledge and Skills
Behaviors
- Make decisions aligned to Bunge’s global strategy, business needs and financial goals and explore new perspectives by driving innovation.
- Cultivate strong relationships and networks, effectively influence others, and develop talent to excel in their current and future roles.
- Develop data driven strategies aligned with Bunge’s priorities, energize others to action through clear and compelling communication.
Technical
- 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."
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