This role collaborates with traders on operations and trade execution, oversees contract preparation, manages crude oil trading and logistics, monitors trade life cycles, liaises with trade finance regarding letters of credit, and reconciles voyages and storage to identify discrepancies.
Job Duties
1)Prepare deal report after trader has confirmed deal recap.
2)Review Supplier contract and prepare sales contract. Ensure all the necessary department (legal, risk or finance) has reviewed. Ensure the necessary approval obtained timely.
3)Communicate with HQ for the necessary requirements of the loading and / or discharge of the cargo.
4)Communicate with supplier and surveyor to ensure that HQ requirements are conveyed and complied.
5)Clearing Vessel, send the documentary instruction and / or discharge order, appoint surveyor and track the phyiscal cargo movement, ensure the vessel loaded and discharged timely.
6)Ensure the credit term eg LC, prepayment or PCG are timely issued / received to avoid delay in loading and / or discharge. Communicate with Trade Finance and supplier to ensure smooth issuance of the credit security.
7)Updated the cargo files and / or ETRM system (if any) to ensure the information are up to date.
8)Any other duties as assigned.
Job Requirements
1)Bachelor’s degree in Business Administration, Supply Chain Management, Finance, or a related field
2)Familiarity with ETRM systems and trade life cycle management; comprehensive understanding of contracts, trade finance, and letters of credit.
3)Minimum of 3 years of experience in operations management, particularly within the trading or oil and gas industry, with a strong understanding of crude oil logistics and trading processes.
4) Proven ability to work collaboratively in a fast-paced environment and lead cross-functional teams to achieve operational goals.
5) Ability to manage multiple tasks and maintain accuracy while reconciling voyages and storage to identify discrepancies.
6) Competency in Mandarinin to be able to liaise effectively with native Mandarin-speaking stakeholders and to understand Chinese documents.