Contract Specialist
BULK TRADING FAR EAST PTE. LTD.
Date: 13 hours ago
Area: Singapore, Singapore
Salary:
SGD 6,000
-
SGD 8,000
per month
Contract type: Full time
- Contract Review and Analysis: Thoroughly review and analyze physical coal trade contracts (sales and purchase agreements, confirmations, etc.) on FOB and CFR terms to ensure accuracy, completeness, and adherence to company policies, industry standards, and legal requirements.
- Risk Mitigation: Identify, assess, and highlight potential commercial, operational, and legal risks within contracts, proposing solutions or escalating issues to relevant stakeholders (e.g., traders, legal, operations).
- Terms and Conditions Verification: Verify key commercial terms including but not limited to price, quantity, quality specifications, laycan, payment terms, demurrage, force majeure, and dispute resolution clauses.
- Compliance: Ensure contracts comply with relevant international trade laws, sanctions, and internal compliance frameworks.
- Stakeholder Collaboration: Work closely with traders, operations, legal, finance, and other internal departments to clarify contractual terms, resolve discrepancies, and facilitate efficient contract execution.
- Contract Lifecycle Management: Assist in the drafting, negotiation support, execution, and archiving of contracts.
- Documentation Management: Maintain accurate and organized records of all contracts and related correspondence.
- Problem Solving: Proactively identify and resolve contractual issues or ambiguities that may arise during the trade lifecycle.
- Market Knowledge: Stay updated on evolving market practices, INCOTERMS, and regulations relevant to physical coal trading.
- Process Improvement: Contribute to the continuous improvement of contract review processes and standard operating procedures.
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