Associate Team Lead- Trade Execution

Location :Mohali

City :Mohali

State :Punjab (IN-PB)

Country :India (IN)

Requisition Number :41853

Role Purpose Statement Bunge Limited ( NYSE: BG) is a leading global agribusiness and food company operating in over 40 countries with approximately 35000 employees. Bunge buys sells stores and transports oilseeds and grains to serve customers worldwide; processes oilseeds to make protein meals 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 for executing shipments/vessels and ensure flawless execution of commodity trade contracts which services the Asia Pacific operations for Bunge 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

Behavior

• Make decisions aligned to Bunges 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 Bunges 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-graduate or MBA in International Business would be an advantage.