Position Title - Team Member	  Job Category - Associate/Sr. Associate	  Department - Contract Administration  Business Area - Oil and its Derivatives	  Legal Entity - Trafigura Global Services  Employment Type - Full-Time	  Contract Type - Permanent  Country - India	  Location - Mumbai  Company - Trafigura is a leader in the commodities business.  Through a network of 81 offices in 54 countries we source, store, blend and deliver essential raw materials and commodities to clients around the world. Commodities include crude oil and petroleum products, non-ferrous concentrates, refined metals and coal.  In 2011, we traded 110.7 million tonnes of oil and petroleum products and shipped 26.7 million tonnes of non-ferrous and bulk commodities. We operate responsibly, adding real value for our clients, our stakeholders and our shareholders. Founded in 1993, the company is owned by its founding shareholders and senior management. It has achieved substantial growth in recent years, growing turnover from USD 18 billion in 2004 to USD 122 billion in 2011.  Department  Located in Mumbai, India, the Contract Administration Department is responsible for drafting and issuing entire Trafigura’s international sale-purchase and storage contracts of physical oil commodities such as crude oil, gasoline, bio-fuels, naptha etc. The department is also responsible for checking any trade errors, assessment of business risks and ensuring the correctness of the contracts while securing commercial and business interests of the company.   Main Purpose  The incumbent will be responsible for drafting and reviewing sales/purchase contracts of physical oil products. This responsibility also includes identification of various trade risks and highlighting them to concerned departments for effective mitigation/provisioning.   Knowledge, Skills and Abilities  - Strong business acumen and communication skills with sharp IQ  - Knowledge of international commercial terms (Incoterms 2000 and 2010)  - Experience in drafting/reviewing commercial contracts shall be preferred  - Sound knowledge in application of boilerplate clauses like Assignability, Force Majeure, Severability, limitations of liability, events of default/termination etc.  - Good understanding of commercial clauses like Commodity Pricing, Quantity and Quality determination, vessel nomination, laytime & demurrage, Letters of Credit etc shall be an added advantage  - Knowledge of functioning of Trade Finance, Operations, Claims, Deals desk etc in a commodity trading environment shall be preferred but not mandatory  - A degree in commerce, law, engineering and/or marine shipping experience shall be preferable  - Willingness to work in flexible time zones (APAC / EMEA /WHEM coverage)  Key Responsibilities 	  - Ensuring the correctness of contracts in accordance with business confirmation details of counterparty  - In depth understanding of counterparty contracts and commodity categories within the assigned portfolio  - Ensuring that timelines and targets are met thereby maintaining high efficiency level  - Work as efficient team player and demonstrate team-work in form of sharing work load of other team members  - Highlighting the perceived risks & trade inaccuracies etc to all stake holder departments & senior management and to ensure their successful mitigation  - Timely filing of contracts, amendments, communications etc in PLUTO (in-house database management software)   - Strict adherence and compliance to Trafigura’s policy and codes  Key Relationships	  - Counterparties  - Traders  - Operators  - Trade Finance  - Deals Desk  - Claims  - VAT, Legal, Securitization departments etc  Reporting Structure	  - Reporting to Team Leader – Contract Administration  Equal Opportunity Employer  We are an Equal Opportunity Employer and take pride in a diverse workforce. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, colour, religion, gender, sexual orientation, national origin, age, marital or veteran status, medical condition or handicap, disability, or any other legally protected status.

Mumbai

Trafigura - Specialist - Contract Admin - Oil Trading 

Trafigura - Specialist - Contract Admin - Oil Trading  ,Job Description for Trafigura - Specialist - Contract Admin - Oil Trading  in Trafigura in  Mumbai for (5-7) years of experience. Apply Now!

Job Description for Trafigura - Specialist - Contract Admin - Oil Trading  in Trafigura in  Mumbai for (5-7) years of experience. Apply Now!