Associate Team Lead- Trade Execution

Location : Mohali 

City : Mohali 

State : Punjab (IN-PB) 

Country : India (IN) 

Requisition Number : 41853 

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 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 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  

Behavior

• 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-graduate or MBA in International Business would be an advantage.