JOB DESCRIPTION

DRAFDRT

Business Title: Associate Team Lead- Trade Ops                          Effective Date: 1-1-2021                               

Global Job Title: Associate Team Lead                                          Reports to (position): Manager or Team Lead Trade Operations                 

Global Function: Trade Operations                                              Global Department: Trade Operations (Europe)                                                                                                                                           

                                                                                                                                                 

 

 

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

 

This position is responsible to execute shipments/vessels and ensure flawless execution of commodity trade contracts, which services the Europe 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 processing

                                                                                                                                      

Key Performance Indicators (KPIs)

• Reduce the Cash Cycle for trade flows under different value chains .
• Target minimum 90 % accuracy in Documents Preparation, and Presentation
• Maintain Documents presentation time line within 10 working days overall average .

 

 

Major Opportunities and Decisions

 

•            Highly organized and able to work within required timeliness and applicable KPI’s

•            Flexible and adaptive to changing conditions in the business/market environment

•            Strong customer service, communication skills/soft skills

•            Attention to details, process oriented and analytical skills

•            Work well as part of a team to achieve a common objective

•            Effective decision making and problem solving

 

 

Key Relationships, Stakeholders & Interfaces

This is a role that interacts with trading, freight, Origin execution, controlling, accounting, finance desks across the regions Bunge serves.

 

 

Knowledge and Technical Competencies

 

• Good knowledge of concepts and procedures related to shipment of Veg Oils and related terms & guidelines, including expertise in Letters of credit and shipp