MAN CORP is a global commodity supply chain management firm headquartered in Dubai, with offices in Singapore, London, Lima and Bogota. We are involved in every stage of the ferrous and non-ferrous value chain, from origination and procurement to logistics and marketing. The company was founded to facilitate equal access to markets for producers and end users no matter their size. Our mission is to deliver value at every stage of the trade cycle. With over a hundred years of combined experience, our dynamic professionals deliver the knowledge and creative solutions our customers need.
As we grow, we challenge ourselves to do so in a better way than those who have gone before always maintaining our values of integrity, honesty and ingenuity and embracing a built to last, long-term mindset. We judge our performance through this lens and apply our values across our whole business.
We are looking for a young, ambitious, detail orientated, cognitively agile person to join our non-ferrous metals operations team.
Metal Operators are responsible for all aspects of executing physical shipments from trade execution through to trade completion.
Responsibilities include but are not limited to logistics, contract administration, settlement, and risk Mitigation covering metal shipments
Main Functions of the role:
- Take responsibility on all aspects of a trade in the full life cycle of the related trade
- Coordinate between internal divisions and external counterparties
- Maintain records and monitor daily changes as well as developments of the physical material as well as the dynamic market conditions
Knowledge, Skills and Abilities
- Knowledge on international trade and logistics is preferred
- Fluent in English with strong PC literacy (Microsoft Excel, Word, Outlook)
- Solid analytical capabilities, including the ability to summarize complex logistical issues and detailed analysis with clarity and brevity in written or oral form
- Ability to be flexible and work to deadlines whilst under pressure
- Communication skills and problem-solving skill are critical
- Sensitive on numbers and able to identify the profit/loss in full course of the shipment
- Able to work in details while maintaining full picture of the shipment
- Efficient and well-organized, able to take responsibility and accountability, performance driven
- Able to work effectively in a team but can be trusted to be independent and not need constant supervision
- Takes initiative to self-teach concepts to improve personal/professional and company efficiencies
Key Responsibilities
General Daily tasks:
- Written and verbal daily contact with suppliers, receivers, and service providers
- Understanding monthly tonnage requirements and coordinating the shipments with our customers
- Maintenance of multiple reports including Credit Exposure reports and Logistics reports and shipping lists
- Timely and routine updating of inhouse IT system to reflect accurate location, value and status of cargo at all times
- Ensuring all pricing orders from suppliers / customers are actioned, acknowledging pricing requests and sending to the deals desk for execution
- Preparation, verification, and handling of all shipping documents
- Invoicing while observing and maintaining payments terms (Holding Certificates, CAD, Letters of Credit, Bank Guarantee, Bank collections, Open Account etc) and following up for payment with customers.
Contract Preparation:
- Coordinate with traders to draft commercial contracts
- Coordinate internally and externally to reach agreement on the contractual clauses
Logistics:
- Logistics arrangement including bulk, container, rail, truck, vessel, warehouse etc.
- Screen the service provider and report incidents happened
- Conduct Due Diligence check on storage locations
- Ensure the business/commodity/quality are in compliance with customs and local regulations
Stock:
- Identify the stock type and arrange for stock inspection per company rules
- Coordinate with warehouse to reconcile the stock position both of physical inventory and monetary valuations
- Organize stock audit if required
Manage Exposures:
- Ensure the payments can be only affected against contractual documents
- Prepare and book the cargo invoices
- Monitor the cargo exposure on day-to-day basis
- Other types of payments incl. T/T, DP, credit, RMB L/C
- Manage accounts payable and receivable internally and externally
Quantity and Quality Management
- Arranging for inspection, sampling, assaying, and umpires of cargoes as per contractual terms.
- Nominate surveyor and send out supervision appointments
- Coordinate to resolve the onsite issues on quantity and quality
Hedging and Pricing:
- Calculate the hedging quantity
- Enter hedge and adjust if required
- Ask for QP optionality declaration
- Coordinate the pricing orders between customers and traders, draft pricing confirmations.
System:
- Prompt and timely update on operations system
- Daily monitoring of PnLs
- Use system reports to control the shipment flow/accurate data entry/exposures, evaluate the common issues to save operational cost
- Raise and justify payment requests
Key Relationships:
- External counterparties - including suppliers, receivers, and service providers
- Internal: Head of operations, traders, Derivatives Desk, Finance and Accounting, Treasury
Qualifications and experience:
- Bachelor's degree or Equivalent. Economics, Statistics, Engineering, Finance, Supply Chain management are preferred
- Experience in metals/logistics industry is preferred
Benefits:
- A role at the centre of the company business with new challenges daily
- An excellent working atmosphere: Regular office socials with outgoing personalities
- Dubai is an exciting city with loads to offer for young professionals
- A competitive compensation and benefits package
- Tax-free earning environment
- More than 4 weeks of paid annual leave
- Medical Insurance included
- Work and residency visa in the UAE
