Process Executive - Trade Execution

City : Mohali State : Punjab (IN-PB)
Country : India (IN)
Requisition Number: 43228

Role Purpose Statement

Bunge Limited (, 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 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

3-4 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-graduation or MBA International Business would be an advantage."

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