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Trade Support, Front Office (Commodities Trading)

Posted 01 April 2020
SalarySGD 70000 to SGD 80000
LocationSingapore
Job type Permanent
ReferenceCH/TSFO/CT/SG

Job Description

  • Newly created headcount to support the front office team
  • Seasoned traders within the iron ore division
  • Extensive regional exposure

The client is a leader in the global resources trading industry with strong backing from its parent company. With the growth in business demands, they are expanding their iron ore division for someone to work closely with the traders and trade operations department. Strong knowledge in both contracts from a commercial perspective, and basic trade operations know-how is vital.

Key Responsibilities

  • Manage contract administration between relevant stakeholders (trade operations, legal, traders)
  • Middleperson between the front office and trade operations team to ensure shipments are smooth
  • Negotiate contract terms to ensure best commercial objectives are met
  • Ensure statutory reporting to the relevant internal stakeholders and external authorities are done in a timely manner
  • Continue to fine tune SOPs and collaborate with multitude of business divisions
  • Maintain a comprehensive tracking list of related trades to ensure smooth inception, execution and follow up
  • Keep abreast and be proactive of potential risk that should be highlighted to the department

Key Requirements 

  • At least 3 years of handling contract management and/trade operations in the Iron Ore trading line
  • Experience handling physical iron ore trading contracts
  • Familiar with L/C under UCP 600 & ISBP
  • Fluent in both English and Mandarin due to stakeholders involved
  • Ability to travel for work

 

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