Iron Ore Trading Specialist
1. ContractManagement and Review
- Review, execute, and maintain records of iron ore sales and purchase contracts, shipping contracts, and related trade documentation.
- Ensure contractual terms comply with the company's risk management and compliance requirements, and coordinate with Legal, Trading, and Finance teams to resolve contractual issues.
- Monitor contract performance and ensure all contractual obligations are fulfilled in a timely manner.
2. Shippingand Logistics Execution Management
- Liaise with shipowners and shareholders to coordinate the execution of shipping contracts.
- Monitor vessel movements, including loading port arrival, cargo loading, departure, voyage progress, and discharge port operations.
- Coordinate and resolve operational issues arising during loading and discharging activities to ensure smooth vessel operations and minimize exposure to additional costs.
- In charge of Bills of Lading (B/L) issuance.
3. TradeDocumentation and Settlement Management
- Prepare invoices, shipping documents, and other trade-related documentation if needed.
- Ensure all documents comply with contractual and banking requirements to prevent payment delays caused by discrepancies.
- Coordinate with internal and external stakeholders to facilitate timely trade settlements.
4. Receivablesand Freight Collection Management
- Monitor and follow up on the collection of cargo payments, freight charges, and other trade receivables.
- Maintain close communication with customers and finance teams to ensure timely payment collection in accordance with contractual terms.
- Monitor overdue receivables and drive resolution of outstanding issues to mitigate credit risk.
5. End-to-EndTrade Lifecycle Management
- Manage the complete trade execution process from contract signing, vessel operations, cargo delivery, document processing, and final settlement through to trade closure.
- Track trade execution progress and ensure all key milestones are completed according to schedule.
- Coordinate among internal stakeholders and external shareholders to ensure seamless trade execution.
- Identify, assess, and manage operational, logistics, and contractual risks throughout the trade lifecycle.
6. DataAnalysis and Reporting
- Maintain trade execution records and related operational databases.
- Prepare reports on vessel operations, delivery volumes, settlements, and risk management activities.
- Provide operational support and data analysis to the trading team and contribute to process improvement initiatives.
Requirements
- Bachelor's degree in International Trade, Shipping & Logistics, Supply Chain Management, Finance, Business, Economics or related disciplines.
- Minimum 3 years of experience in commodity trade execution, international trade operations, shipping operations, trade finance or commercial operations. Experience in iron ore, mining products or other bulk commodities will be advantageous.
- Good understanding of international trade practices, Incoterms, Letters of Credit and maritime shipping operations.
- Familiarity with charter parties, Bills of Lading and other shipping-related documentation.
- Strong contract review, risk assessment and problem-solving skills.
- Excellent written and verbal communication skills in English and Chinese to effectively communicate with customers, suppliers, shipowners and business partners across key trading markets where Chinese is a primary business language.
- Strong stakeholder management, cross-functional coordination and multitasking abilities.