Responsibilities
- Handle oil trading contract claims, calculate, analyze, and put forward feasible proposals to trading team.
- Liaise and negotiate with suppliers’ counterparties for claims, maintain a pro-active approach and endeavor to maximize the receivable claims and try to achieve win-win solutions with payable claims.
- Effectively manage open demurrage claims and keep track of growing volumes, be sensitive to any potential snowballing of aging claims and proactively work with appropriate business units to keep track and settle the claims.
- Identify exposures to the company and report traders and shipping team leads on pending claims that may have adverse impacts on the company.
- Compile and report monthly trading demurrage report.
- Handle all ad-hoc demurrage inquiries and reports from HQ.
- Maintain smooth relationship with counterparts to maintain company image in the market and facilitate smoother negotiations and claims agreements.
- Coordinate with trading operators closely and maintain a healthy inter-intra-departmental working relationships.
- Work closely with other demurrage claims colleagues and cover each other’s work scope when necessary.
- Other administrative support when needed.
Requirements
- Bachelor’s degree in maritime, shipping, logistics or equivalent.
- Min 3 years of relevant working experience in shipping or oil trading industry.
- Good understanding of contracts (incoterms FOB, CIF, DES), charter parties, and key lay-time and demurrage provisions.
- Strong analytical skills and commercial awareness.
- Possess good verbal and written negotiation skills.
- Good team player and self-motivated. Meticulous and inquisitive.
