Trade Operation- AM

Torq Commodities; Navi Mumbai; On-site; INR 1,200,000 - 2,100,000; Full time

Job summary

Torq Commodities in Navi Mumbai seeks a trade operations professional to execute and manage commodity trades with accuracy, coordinating with traders, counterparties, logistics providers and internal teams to ensure timely settlement.

The role emphasizes risk/compliance adherence, documentation, shipment tracking, and contract management, requiring 3–5 years post-MBA experience and knowledge of LC transactions and export-import regulations.

Qualifications

• 3 to 5 years Post MBA exp with knowledge of export-import regulations, LC transactions.
• Masters degree (Tier-2 MBA) or PG Diploma in International Trade, Supply Chain Management, or Finance is a plus.

Responsibilities

• Execute and manage commodity trades efficiently and accurately.
• Coordinate with traders, counterparties, logistics providers, CHS, Shipping agencies and internal departments to ensure timely execution and settlement of trades.
• Ensure adherence to risk management and compliance guidelines.
• Monitor and report instances of non-compliance and take corrective actions.
• Address customer complaints/escalations efficiently.
• Collaborate with internal teams to ensure timely query resolution.
• Monitor customer experience scores and implement improvements.
• Prepare and review trade documents as per LC terms and buyer-provided SI.
• Ensure timely approval and issuance of documents before vessel departure.
• Minimize trade documentation errors and delays in LC presentation.
• Provide shipment updates to buyers upon dispatch.
• Maintain real-time tracking of ongoing and future shipments.
• Collaborate with internal teams for smooth shipment execution.
• Ensure timely submission of insurance declaration sheets.
• Ensure timely receipt of SI from buyers and verify LC drafts before issuance.
• Validate LCs before shipment bookings and address required amendments.
• Track and reduce delays in LC issuance and payments.
• Issue contracts within one day of trade confirmation.
• Ensure signed contracts are received before shipment planning.
• Maintain and update contracts in ERP weekly.
• Update shipment data in ERP after receiving the draft BL.
• Coordinate with shipping lines, freight forwarders, CHAs, transporters, warehouses, surveyors.
• Oversee booking, vessel schedules, stuffing, dispatch, and cargo tracking.
• Ensure accuracy and compliance of shipping and trade documentation including BLs, invoices, COO, LC documents, and insurance papers.
• Support trade finance activities including LC execution, discrepancy handling, and payment coordination.

Skills

Commodity trading operations

Commodity markets

Trading platforms

Communication skills

Attention to detail

Working under pressure

Regulatory/compliance knowledge

Education

MBA (Tier-2)

PG Diploma in International Trade/SCM/Finance

Tools

ERP systems

Trade execution platforms

Job description

Reporting to the Trade operations manager, the incumbent will be responsible for executing and managing commodity trades efficiently and accurately. This role involves coordinating with traders, counterparties, logistics providers, CHS, Shipping agencies and internal departments to ensure timely execution and settlement of trades.

Role & responsibilities

Compliance

• Ensure adherence to risk management and compliance guidelines.
• Monitor and report instances of non-compliance and take corrective actions.

Customer Experience & Stakeholder Management

• Address customer complaints/escalations efficiently.
• Collaborate with internal teams to ensure timely query resolution.
• Monitor customer experience scores and implement improvements.

Trade Documentation & Quality Control

• Prepare and review trade documents as per LC terms and buyer-provided SI.
• Ensure timely approval and issuance of documents before vessel departure.
• Minimize trade documentation errors and delays in LC presentation.

Shipment Monitoring & Coordination

• Provide shipment updates to buyers upon dispatch.
• Maintain real-time tracking of ongoing and future shipments.
• Collaborate with internal teams for smooth shipment execution.
• Ensure timely submission of insurance declaration sheets.

LC Issuance & Processing

• Ensure timely receipt of SI from buyers and verify LC drafts before issuance.
• Validate LCs before shipment bookings and address required amendments.
• Track and reduce delays in LC issuance and payments.

Contract Management

• Issue contracts within one day of trade confirmation.
• Ensure signed contracts are received before shipment planning.
• Maintain and update contracts in ERP weekly.
• Update shipment data in ERP after receiving the draft BL.
• Coordinate with shipping lines, freight forwarders, CHAs, transporters, warehouses, surveyors.
• Oversee booking, vessel schedules, stuffing, dispatch, and cargo tracking.
• Ensure accuracy and compliance of shipping and trade documentation including BLs, invoices, COO, LC documents, and insurance papers.
• Support trade finance activities including LC execution, discrepancy handling, and payment coordination.

Preferred candidate profile

3 to 5 years Post MBA exp with knowledge of export-import regulations, LC transactions, is preferred.

Masters degree (Tier-2 MBA) or PG Diploma in International Trade, Supply Chain Management, or Finance is a plus.

Preferred Skills

Technical Skills

1. Previous experience in commodity trading operations or a similar role preferred.

2. Strong understanding of commodity markets, trading processes, and logistics.

3. Proficiency in trade execution platforms and related software systems.

4. Excellent communication and interpersonal skills.

5. Detail-oriented with strong analytical and problem-solving abilities.

6. Ability to work efficiently under pressure and meet tight deadlines.

7. Knowledge of regulatory requirements and compliance standards in commodity trading.