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Jobs in Singapore   »   Jobs in Singapore   »   Junior Commodities Trader
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Junior Commodities Trader

Majestic Rock Resources Group Pte. Ltd.

Majestic Rock Resources Group Pte. Ltd. company logo
  • Assist trading team in sourcing and marketing commodities (Steel, iron ore, thermal & coking coal, and other minerals & metals) at international competitive prices and marketing same to buyers in China, India, South East Asian and other countries.
  • Negotiations with prospective vendors for the purchase of commodities.
  • Liaison with ship brokers, ship operators and shipping companies for freight negotiation and chartering agreements. Obtaining quotes for chartering vessels, terms of charter party, commercial rates, demurrage / despatch rates, laytime calculations and finalisation of charter party agreements.
  • Preparation & submission of bid documents for participation in international tenders for supply of commodities such as steam coal, coking coal, chrome, iron ore, etc.
  • Coordinating with inspection & survey agencies for loading of cargo at load port and unloading at discharge port, checking logistics & infrastructure facilities, stock-pile position, etc. at mine sites to ensure effective loading operations.
  • Liaison with buyers and suppliers for drafts / contracts / documentation
  • Liaison with Banks for receipt and issuance of LC’s
  • Back2Back LC issuance
  • Preparation and Presentation of documents under LC
  • KYC documents handling
  • Payment follow ups with buyers
  • Coordination with internal and external teams on Shipping, Finance, accounting etc.
  • Tracking Bank limit utilisation and due dates
  • MIS – Trade transactions, Trade PnL, Cash flow
  • Admin – Cross-functional
  • Other duties assigned as per requirements of the role

ADDITIONAL REQUIREMENTS:

  • Candidate must possess at least Bachelor's Degree/Post Graduate Diploma/Professional Degree in Business Studies/Administration/Management or equivalent.
  • Required language(s): Mandarin, English (in order to converse and liaise with Mandarin and English speaking accounts department for processing of bill payments, bank advice, Purchase & Sales or other Invoice/supporting documents, treasury report etc.)
  • At least 1 Year(s) of working experience in the related field is required for this position.
  • Preferably Junior Executive specialized in Commodities (Steel, Iron Ore, Coal etc) Operations or equivalent.
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