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1 Bunge India Senior Process Associate Job

Senior Process Associate - Trade Execution

2-3 years

₹ 4.5 - 6.5L/yr (AmbitionBox estimate)

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This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Jalandhar, Ludhiana, Patiala + 1 more

1 vacancy

Senior Process Associate - Trade Execution

Bunge India

posted 2mon ago

Job Role Insights

Flexible timing

Job Description

This position is responsible to execute shipments/vessels and ensure flawless execution of commodity trade contracts, which services the Asia Pacific Oils Execution/operations for Bunge

This is an Individual contributor role with ultimate goal of building and efficient execution team

Main Accountabilities Follow-up and gather information on shipment to be executed - vessel selection and confirmation from the Business Team
Perform vessel screening to ensure compliance as per Bunge Global guidelines - Review of reports, Check availability of vessel charter party agreement, vessel certificates and others
Gather information on contracts nominated on the vessel to be executed from the Business Team
Update vessel nomination details to Sellers and Buyers (counterparties)
Follow-up and get conformance on vessel nomination from counterparties
Update and maintain vessel master status files
Create contract vessel and parcel in SAP system, and Nominate purchase/sales contracts in SAP system
Timely execute & settle purchase/sales contracts in SAP system
Receive freight and purchase invoices from sellers and forward it to co-workers (Finance team) for payments processing
Negotiate Letters of Credit and Prepare shipping documents
Knowledge and Skills Behavior Improve Bunges outcomes by making data-driven decisions, keeping the customer at the forefront of all they do, and proactively gaining insight into the global strategy


Collaborate, effectively communicate with others and take initiative to continually develop themselves


Pursue opportunities to solve problems and take action while maintaining the ability to manage work, even in times of challenge or change

Technical Relevant experience in handling entry and issuance of commodity contracts for bulk and container shipments of Agri-commodities, with good knowledge of GAFTA, FOSFA contracts rules


Good knowledge of concepts and procedures related to contract life cycle of commodity contracts and execution, related terms & guidelines, including expertise in Incoterms, logistics and shipping documents


Ability to work independently, efficiently and deliver high quality output under time pressure
Experience in managing people and processes through a sustained period of change
Strong written & oral communications skills in English

Knowledge of any other foreign languages will be an added advantage
Computer proficient and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook)


Experience in working with SAP system

Education & Experience 2-3 years of work experience in a similar role or with International Commodity company


Minimum Education Qualification - Graduation, Post-graduation or MBA in International Business would be an advantage


Relevant experience in handling commodity contracts with good knowledge of GAFTA, FOSFA contract rules is desirable

Bunge (NYSE: BG) is a world leader in sourcing, processing and supplying oilseed and grain products and ingredients

Founded in 1818, Bunge s expansive network feeds and fuels a growing world, creating sustainable products and opportunities for more than 70,000 farmers and the consumers they serve across the globe


Employment Type: Full Time, Permanent

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What Senior Process Associate at Bunge India are saying

3.4
 Rating based on 14 Senior Process Associate reviews

Likes

Working environment is suitable for all

  • Salary - Excellent
  • +6 more
Dislikes

Promotion process slow if team is large

Read 14 Senior Process Associate reviews

Senior Process Associate salary at Bunge India

reported by 88 employees with 1-8 years exp.
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₹4 L/yr - ₹8 L/yr
39% more than the average Senior Process Associate Salary in India
View more details

What Bunge India employees are saying about work life

based on 569 employees
61%
50%
50%
93%
Flexible timing
Monday to Saturday
No travel
Day Shift
View more insights

Bunge India Benefits

Health Insurance
Job Training
Work From Home
Soft Skill Training
Team Outings
Free Transport +6 more
View more benefits

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