Execution Executive, Palm

Overview

Execution Executive, Palm at Louis Dreyfus Company. The Palm Execution Executive is responsible for handling the full spectrum of domestic execution activities of the Palm Oil business in Malaysia, including palm oil road tanker bulking activities. This role liaises with the Singapore Execution team and provides support on the execution of palm oil export bulk shipments to various destinations. Reporting to the 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 solutions 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

Other Soft Skills

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What We Offer

We provide a dynamic and stimulating international environment, with outstanding career development opportunities in one of the largest and most solid private companies in the world.

Benefits

Diversity & Inclusion

LDC is driven by shared values and high ethical standards, and is committed to diversity, equity and inclusion. We encourage people of all backgrounds to apply.

Sustainability

We are committed to creating fair and sustainable value for our people, business partners, communities and the environment.

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