Associate Team Lead - Trade Execution

Bunge is seeking an Associate Team Lead - Trade Execution in India to oversee the execution of commodity trade contracts for their Asia Pacific operations. Responsibilities include vessel screening, contract management, and coordination with stakeholders. The role requires strong knowledge of shipping processes and excellent customer service skills. Bunge operates a Shared Services Center in Mohali, indicating a local position rather than a remote one.
Job Description

Business Title

Associate Team Lead - Trade Execution

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 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

• 6-7 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.

Bunge (NYSE: BG) is a world leader in sourcing, processing and supplying oilseed and grain products and ingredients. Founded in 1818, Bunge’s expansive network feeds and fuels a growing world, creating sustainable products and opportunities for more than 70,000 farmers and the consumers they serve across the globe. The company is headquartered in St. Louis, Missouri and has 25,000 employees worldwide who stand behind more than 350 port terminals, oilseed processing plants, grain facilities, and food and ingredient production and packaging facilities around the world.

Bunge is an Equal Opportunity Employer. Veterans/Disabled