Trade Execution
4 weeks ago
The Position: Trade Execution
We are looking for an experienced candidate to work in a trade execution role in dry bulk grains.
Role and Responsibilities:
- Checking and issuing contracts.
- Execution of physical trades, including preparation of and presentation of documents.
- Purchases and sales may be paid by way of letter of credit. The candidate will be expected to be familiar with L/C’s, and be able to prepare documents for presentation under them.
- The candidate may also be required to prepare letter of credit applications for purchases.
- Maintaining orderly files during the execution of a contract.
- Knowledge and experience working with container shipments.
- Arrangement of supervision, liaison with supervision companies, issuance of documents.
- Following insurance requirements, arranging issuance of certificates, and declarations to underwriters.
- Ensuring follow up tasks such as demurrage / despatch have been dealt with. A knowledge of this subject would be an advantage although training will be given if necessary.
- A strong knowledge of GAFTA and FOSFA contracts and rules would be useful.
Experience:
The candidate should be familiar with FOB and CFR contract terms with Ideally four years or more in a similar role in grains, softs, steel or other commodities, however other candidates may be considered.
Location:
London Office – in person Monday to Friday.
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