Company Description
You’re talented and adaptable. That’s why you’ll fit in.
As well as discovering, mining and processing many of the essential raw materials that enable, support and enhance modern life, our global business is involved in selling and marketing products – copper, platinum and other precious metals, iron ore, coal, nickel and diamonds. Through our Marketing Business, we are able to offer innovative solutions to meet our customers’ specific challenges. This includes physical products, logistics and technical support, as well as pricing and financing solutions.
Job Description
This role is critical in analysing the contractual / commercial terms and to identify potential mis-matches in 3rd party purchase and sales contracts to retain/ optimise value, and ensure that appropriate contracts are in place and monitored for all commercial activities for the Base Metals and PGM trading desks. This role comprises the first and second line governance controls through the validation and confirmation of physical trades and will be crucial in validating the trade entries to ensure the accuracy of the data in the system, which has a direct impact on the commercial invoices.
Deals Validation
- Check and validate the daily trade entries in Aspect system against the deal blotters and Trade Recap, thereby providing key point of control. Ensure the accuracy of data in the system through the validation of the daily trade entries, which has a direct impact on the commercial invoices. Ensure all deal blotters are appropriately reviewed and signed off and then properly filed and stored in the relevant systems.
Contract Preparation and Execution
- Interface with Base Metals traders to understand and analyse key contractual terms and conditions. Identify and evaluate potential contractual terms mis-matches for purchase and sales contracts and highlight to the traders for their attention
- Work with traders to understand their strategies in retaining/ optimizing value through such mis-matches and incorporate such contractual terms in the drafting of the physical contract to protect Anglo’s interest.
- Understand and evaluate the different payment terms of the purchase and sales contracts and provide advice on workability of the contracts to manage cash flow and working capital. Analyse and identify potential operational issues prior execution that arise from the different contractual terms between purchase and sales contracts and propose resolutions to mitigate such operational risks.
Contract Administration
- Manage customer communications regarding contracts related Aspect. Monitor execution of contract and subsequent filing of all contractual documentation in relevant repository. Manage approval process to deliver timely and accurate returns within the governance framework.
Group Governance and Risk Management
- Escalate and communicate any contract compliance discrepancies through the appropriate reporting line. Maintain accurate records as contract admin role’s within all relevant systems. Governance role to ensure contract is signed prior to shipment execution to avoid Credit Breach
Qualifications
- Experience with contract documentation, warranty trades, LME/ SHFE/ bonded/ domestic warehousing experience, preferably in the PGM and Base Metals (key focus)
- Experience of managing credit risk using trade finance instruments such as letters of credit (highly desirable).
- Transactional or operational knowledge of sales operations for Imports and domestics trades in China, delivery terms or documentation requirements (bills of lading, AWB, warehouse release, warrants) and VAT invoice generation.
- Knowledge of port and shipping logistics operations (desirable)
- Good communication skills written and verbal
Additional Information
Who we are
Anglo American is a global diversified mining business. Our portfolio of world-class mining operations provides the metals and minerals that make modern life possible. We use innovative practices and the latest technologies to discover new resources and mine, process, move and market our products to our customers around the world.
As a responsible miner – of diamonds (through De Beers), copper, platinum and other precious metals, iron ore, coal and nickel – we are the custodians of what are precious natural resources. We work together with our key partners and stakeholders to unlock the sustainable value that those resources represent for our shareholders, the communities and countries in which we operate and for society at large. Anglo American is re-imagining mining to improve people’s lives.
What we offer
- Competitive salary and benefits package
- Amazing opportunities for learning and growth - from technical training to leadership programs, we bring out the best in our people
- We’re a large, successful multinational company and there are plenty of opportunities internally to move onwards and upwards too
Inclusion and Diversity
Anglo American is an equal opportunities employer. We are committed to promoting an inclusive and diverse workplace where we value and respect every colleague for who they are and provide equality of opportunity so that everyone can fulfil their potential.
How to apply
To apply for this role, please complete our online application form. You will have the opportunity to upload your CV and other relevant documentation as part of this process.
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