Senior Trade Operations Specialist — Dry Bulk & Metals

PERSOL; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A prominent company in trade operations is seeking a Trade Operation Specialist to manage all aspects of trade operations for dry bulk commodities. The ideal candidate will have a minimum of 5 years' experience, in-depth knowledge of Letters of Credit and shipping procedures, and strong commercial acumen. This role offers a chance to work in a dynamic environment, ensuring compliance with contracts while liaising with various stakeholders.

Qualifications

• Minimum Diploma in Business or related field.
• A minimum of 5 years’ experience in dry bulk commodities, with a focus on metals.
• In-depth knowledge of Letters of Credit (UCP600) and shipping procedures, especially in FOB-CFR contexts.
• Strong understanding of commercial contractual terms and associated risks.
• Familiarity with international metals trade procedures, financial controls, and compliance measures is advantageous.
• Insights into the commodities market, insurance processes, import duties, and VAT regulations.
• Proficient in using SAP financial modules and commodities trading systems.

Responsibilities

• Manage all aspects of trade operations for dry bulk commodities.
• Examine sales and purchase contracts upon trade confirmation.
• Coordinate with counterparts for vessel nominations and shipping details.
• Prepare necessary banking documents including Letters of Credit.
• Ensure timely issuance of LCs by liaising with customers.
• Verify shipping documents for compliance with LC requirements.
• Facilitate invoicing and prepare letters of indemnity when required.
• Calculate lay time and manage receivables/payables.
• Conduct month's end transactions to ensure timely completion.
• Collaborate with team members to support operational needs.
• Advise front office on contract reviews to mitigate risks.
• Monitor credit limits and escalate transaction risks.
• Ensure adherence to compliance and internal control procedures.

Job description

A prominent company in trade operations is seeking a Trade Operation Specialist to manage all aspects of trade operations for dry bulk commodities. The ideal candidate will have a minimum of 5 years' experience, in-depth knowledge of Letters of Credit and shipping procedures, and strong commercial acumen. This role offers a chance to work in a dynamic environment, ensuring compliance with contracts while liaising with various stakeholders.