Executive - Contract Management.risk & Contract

5 days ago


Kuala Lumpur, Malaysia IFFCO Full time

Job Summary
- Managing contract creation and execution which supports operational performance of the company
- Roles & Responsibilities
- Create sales and purchase contracts after the trades are finalized and ensure accurate and timely entry in the system
- Ensure no breach of limits and strict compliance of SOPs of contract management
- Co-ordinate with trades, brokers and third parties for ensuring accurate contract terms
- Co-ordinate with group companies, finanec & operations for various contract requirements.
- Liaise with risk management for contract approval and proceeding in case of exceptional cases
- Perform contract amendments and priving of unprices contracts as and when required
- Perform documentation, filing of contracts and follow up with relevant parties on signing of contract
- KPIs
- Ensure accurate contract entry & confirmation (buy/sell) of Iffco/Felda Iffco group on daily basis. Ensure compliance with trade entry SOP
- Making amendments and fixing price according to the amendment slip given by trader with complete approvals as per SOP and notify respective units upon amending the contracts.
- Ensure accuracy of counterparty limits in system and manual excel records for Felda-IFFCO companies. Any changes are to be updated immediately in CxC & excel/manual records
- Analyze purchase efficiency for physical trades (timing efficiency). Checking of soft oil efficiency and hard oil-pricing efficiency.
- Raising alerts of limit breach to relevant depts/teams & regularly following up for solution
- Work experience requirement
- Preferably 2-3 years of relevant experience in contract management for commodity trading
- Qualification
- Diploma/Degree in business management or any other related qualification
- Competencies
- Financial Acumen
- Contract Management
- Risk Management
- Knowledge of Socio, Geopolitical and Economical Issues
- Communicating effectively
- Self and Team Management
- Planning & Decision Making
- Customer Centricity
- Ownership & Result Orientation

**Business Unit**:IFFCO (S.E.A) SDN. BHD. (1500)**Business Group**:Oils & Fats (MLY) (1499)


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