Associate Team Lead - Trade Operations

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 processing

Key Performance Indicators (KPIs)

• Reduce the Cash Cycle for trade flows under different value chains .
• Target minimum 90 % accuracy in Documents Preparation, and Presentation
• Maintain Documents presentation time line within 10 working days overall average .

Major Opportunities and Decisions

Highly organized and able to work within required timeliness and applicable KPI's

Flexible and adaptive to changing conditions in the business/market environment

Strong customer service, communication skills/soft skills

Attention to details, process oriented and analytical skills

Work well as part of a team to achieve a common objective

Effective decision making and problem solving

Key Relationships, Stakeholders & Interfaces

This is a role that interacts with trading, freight, Origin execution, controlling, accounting, finance desks across the regions Bunge serves.

Knowledge and Technical Competencies

• 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.

Distinct Advantage

• Experience working in a similar Shared Services Centre setup
• Experience in processing of high volumes of transactions
• Experience in workflow tools and document imaging systems
• Strong customer service, communication skills/soft skills