Commercial Specialist - Metal Trading

Purpose/Objective

This position is responsible for overseeing the end-to-end management of contracts, ensuring efficient collections, maintaining compliance, managing LC processes, coordinating commercial operations, and facilitating financial transactions while fostering customer satisfaction and adherence to contractual terms.

Key Responsibilities of Role

Contract and LC Management - Review and vet purchase/sales contracts, ensuring alignment with organizational objectives and risk management strategies - Co-ordinate with finance team to ensure LC or any other financial instrument as per contract terms is issued on time. - Provide legal team with all relevant contract information, terms, and documentation to support legal analysis and compliance and collaborate to address contract-related legal matters. - Implement MIS with a well-organized contract repository for efficient contract tracking and management - Advise the concerned team for currency / index hedging (if required) to mitigate risks associated with trade contracts - Amend contracts as necessary to accommodate changes in business conditions, regulations, or customer requirements basis necessary approvals Collections and Payments - Oversee the collection of cargo value from credit customers in adherence to contractual terms - Manage the collection of quality-related premium and penalty payments Commercial Operations and third party coordination - Oversee and ensure prompt delivery of invoices and debit notes to customers - Address customer grievances, inquiries, escalations and requests prioritizing customer satisfaction - Track process customer refunds in adherence to contractual agreements - Facilitate the timely signing of contracts, collection of payments, and sharing of relevant documents for shipment - Oversee vessel discharge and customs clearance for smooth operations - Collaborate with third parties for contract signing, payment collection, laytime settlement, and contract closures - Oversee third-party transportation-related billing and refunds, maintaining accuracy and compliance Digitisation and Automation - Support comprehensive digitization strategies to optimise operational efficiency - Innovate and implement automation solutions to support overall organisational goals / strategy

Technical Competencies

Market and International Trade Knowledge,Shipping and Logistics Knowledge,Contract and Compliance Management,Risk Analysis & Mitigation,Inventory Management,Letter of Credit (LC) Management

Qualifications and Experience

- Education - Graduate, PG Preferred - Exepreince - 10+yrs of experience - Preferred Industry- Commodity Trading