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A leading company seeks a member for their Trade Support Department in Singapore. The role involves executing transactions, conducting risk management, and providing administrative support for trade activities. Candidates should possess educational qualifications in relevant fields and some experience in the oil and gas industry. This position offers a dynamic work environment with growth opportunities in international commodity trading.
As a member of the Trade Support Department, you are to execute assigned duties in ensuring
timely and accurate execution of transactions, and various risk management activities and journal entries. Be responsible for all trade related supporting activities from assistance of traders, communication with customers / within departments for payment arrangement to price confirming and accounting administrative support.
THE ROLE
· Communicate with internal and external customers for necessary arrangements such as confirmation of price fixing, payment arrangements, inventory management, etc.
· Maintain accuracy of trade data stored in trading system through input and reconciliation.
· Record trade data and ensure accuracy of various reports/calculations.
· Involve in Account Receivable / Account Payable checks.
· Conduct Chain of Custody activities such as Mass Balance management, issuance and verification of sustainability documentation, i.e., Sustainability Declarations, Proof of Sustainability.
· Maintain proper filing of documentation (hard and soft copies).
· Support necessary auditing, internal compliance requirements and procedures.
· Ensure all documentation and communication processes follow internal procedures & control.
· Coordination of structuring business process.
· Any other duties as assigned by Supervisor from time to time.
Requirements:
· Degree in Maritime Studies, Supply Chain, Environmental Engineering, or related field
· 1-3 years working experience in the Oil and Gas industry with knowledge of trading/ risk management / accounting / financing
· Meticulous with an attitude for figures and able to multi-task effectively
· Highly motivated to learn/improve the skills in processing the international commodity trade
· Good knowledge on international commodity trade (INCOTERMS, trade finance, etc.)
· Good knowledge in sustainability and renewable energy obligations