Execution Executive, Palm

Company Description

Louis Dreyfus Company is a leading merchant and processor of agricultural goods. Our activities span the entire value chain from farm to fork, across a broad range of business lines, we leverage our global reach and extensive asset network to serve our customers and consumers around the world. Structured as a matrix organization of six geographical regions and ten platforms, Louis Dreyfus Company is active in over 100 countries and employs approximately 18,000 people globally.

Job Description

The Palm Execution Executive is responsible for handling full spectrum of all domestic execution activities of LDC Palm Oil business in Malaysia, including palm oil road tanker bulking activities. This role needs to liaise with Singapore Execution team and provide support on the execution of Palm Oil export bulk shipments to various destinations.

Reporting to Execution Supervisor, this role will work closely with the Palm traders based in Singapore and support the platform in executing the business.

Main Responsibilities:

• Provide high value support to the business, anticipate risk, risk mitigation and provide solution to the business
• Issue contracts after trades are validated and verify accuracy between contracts issued/received in database; recognize discrepancies and communicate with the trading desk
• Arrange L/C opening in due time and check L/C received is in order. Prepare and collate documents for presentation under sales L/C making sure all documents to be presented under L/C are clean
• Liaise with suppliers, internal and external customers, surveyors, vessel agents, custom agents, storage terminals to plan and manage the shipments according to contractual requirements. Activities include following-up on freight bookings and vessel tracking, checking the shipment plan, sending vessel nominations, sending/receiving shipping instructions, appointment of surveyors for loading and discharging operations, receiving/issuing letter of credit, sending/receiving shipment tenders, preparation and negotiation of shipping documents to ensure settlements are done timely and correctly
• Liaise with traders on weight and quality issues both on purchases and sales
• Liaise with traders and customers on contract pricing
• Liaise closely and provide support to other functions within the group i.e. Accounting, Controllers, Treasury, Credit Risk and Compliance
• Liaise with various execution excellence centers (SBS team, Laytime specialists, etc.)
• Responsible for maintenance of the trading system to ensure the contract execution status is correct and all relevant data is input correctly and on time
• Responsible for tracking receivables and payables, and closing of aging files and perform clean-up on cost accruals of past shipments
• Report insurance claims to insurance team and insurance broker and properly preserve all correspondence on the claim
• Coordinate retrieval of requested information for various audits throughout the year
• Daily real-time update in the trading system and weekly cash forecast
• Provide regular feedback to traders/managers on status of shipments
  
  

Experiences:

• At least 2-3 years of relevant working experiences in bulk shipment, handling of shipping documents (B/L, certificates of weight and quality, etc.)
• Experience in bulk execution for palm
• Knowledge on FOSFA & PORAM contract terms
• Knowledge of Incoterms, UCP/ISBP rules are mandatory
• Knowledge of L/C negotiation process
• Knowledge of Charter Party terms, vessel laytime calculations preferred but not essential
• Ability to work in a fast-paced environment and handle a huge volume of shipments
• Ability to prioritize multiple tasks, meet deadlines and propose solutions
• Ability to work independently and commit OT when required
  
  

Other Soft skills:

• Good business acumen and commercial awareness
• Good communication and interpersonal skills
• Self-motivated with a positive working attitude
• Deliver high performance under tight deadline in a high-pressure environment
  
  

Languages:

• Fluent English and Mandarin are required due to the need to liaise with stakeholders in Singapore and China speaking the languages
• Malay proficiency is an added advantage
  
  

Experience

Academics:

• Degree in Supply Chain/Logistics or related field of study
  
  

Additional Information

Additional Information for the job

What We Offer

We provide a dynamic and stimulating international environment, which will stretch and develop your abilities and channel your skills and expertise with outstanding career development opportunities in one of the largest and most solid private companies in the world.

Our Benefits

• Competitive salary and benefits
• Hybrid work available (not applicable to all roles)
• Pension contributions
• Access to Training and Development
• Access to Concierge Partnerships
  
  

Diversity & Inclusion

LDC is driven by a set of shared values and high ethical standards, with diversity and inclusion being part of our DNA. LDC is an equal opportunity employer committed to providing a working environment that embraces and values diversity, equity and inclusion.

LDC encourages diversity, supports local communities and environmental initiatives. We encourage people of all backgrounds to apply.

Sustainability

Sustainable value is at the heart of our purpose as a company.

We are passionate about creating fair and sustainable value, both for our business and for other value chain stakeholders: our people, our business partners, the communities we touch and the environment around us