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Team Lead - Trade Execution
BungePB, IN, 160059full_timeVerifiedPosted 15 May 2025
About the role
Job Description
Business Title
Team Lead - Trade Execution
Global Department
Trade Execution – International
Size of team reporting in and type
2-3 team members
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 meal 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
The Team Lead will be responsible for full operational control and end-to-end Shipment and Washout Execution for the commodities. He is responsible to distribute and manage the workload distribution (Number vessels, LCs transactions) , Documentations and final presentation to unlock the business value associated with the trade within the agreed timeline under global KPIs. Main Accountabilities • Follow-up and gather information on shipment to be executed - vessel selection and confirmation from the Business Team
• 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
• Reconcile trader’s spreadsheet and contracts filed in system for contracts allocated
• Update vessel nomination details to Sellers and Buyers (counterparties)
• Ensure Vessel agents are screened okay and onboard in TPRM system of Bunge Compliance team.
• Prepare and issue cargo stowage plans
• 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
• Update and maintain vessel master status files
• Create contract vessel and parcel in SAP system, and Nominate purchase/sales contracts in SAP system
• 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 processing
• Perform Month End Checks for Team and ensure accounting queries are resolved within the agreed deadline
• Identify and forward debit/credit note requests to co-workers (Finance team) for processing with required approvals from the Business Team Knowledge and Skills
The Team Lead will be responsible for full operational control and end-to-end Shipment and Washout Execution for the commodities. He is responsible to distribute and manage the workload distribution (Number vessels, LCs transactions) , Documentations and final presentation to unlock the business value associated with the trade within the agreed timeline under global KPIs. Main Accountabilities • Follow-up and gather information on shipment to be executed - vessel selection and confirmation from the Business Team
• 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
• Reconcile trader’s spreadsheet and contracts filed in system for contracts allocated
• Update vessel nomination details to Sellers and Buyers (counterparties)
• Ensure Vessel agents are screened okay and onboard in TPRM system of Bunge Compliance team.
• Prepare and issue cargo stowage plans
• 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
• Update and maintain vessel master status files
• Create contract vessel and parcel in SAP system, and Nominate purchase/sales contracts in SAP system
• 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 processing
• Perform Month End Checks for Team and ensure accounting queries are resolved within the agreed deadline
• Identify and forward debit/credit note requests to co-workers (Finance team) for processing with required approvals from the Business Team Knowledge and Skills
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