The US$ 23 billion JSW Group is ranked among India's leading business houses. JSW's innovative and sustainable presence in various sectors including Steel, Energy, Infrastructure, Cement, Paints, Venture Capital and Sports is helping the Group play an important role in driving India’s economic growth. The Group strives for excellence by leveraging its strengths & capabilities including a successful track-record of executing large capital-intensive & technically complex projects, differentiated product-mix, state-of-the-art manufacturing facilities and greater focus on pursuing sustainable growth.
With a culturally diverse workforce spread across India, USA, Europe and Africa, JSW Group directly employs nearly 40,000 people.
It also has a strong social development focus aimed at empowering local communities residing around its Plant & Port locations. JSW Group is known to create value for all its stakeholders by combining its growth roadmap, superior execution capabilities and a relentless drive to be #BetterEveryday.
JSW International Tradecorp Pte Ltd is the trading arm of the JSW group and has been in operation since 2013 with a revenue of US$6.6 billion.
PROJECT TITLE : Trade Operations
Internship Objective:
The internship program at JSW International Tradecorp Pte Ltd (JITPL) aims to provide postgraduate students with a comprehensive learning experience in the wholesale metal/ energy trading industry, focusing on contract drafting, negotiation, coordination with stakeholders, and the overall trade operations process.
Key Responsibilities: Understanding the business from point of view of Operations by understanding contract terms, title documents and business flow.
1. Contract Drafting and Negotiation
- Learn how contracts are drafted and what relevant documentation are required for trade activities.
- Understand the deal confirmation terms and ensure all contract details are accurate, including specifications, price and shipping terms.
- Liaise with clients, suppliers, and the freight team to ensure clear communication and alignment on critical aspects such as laycan, port details, and cargo specifications.
2. Coordination with Stakeholders
- Interact with buyers and suppliers to facilitate smooth contract execution and address any inquiries or concerns.
3. Contract Data Management and Reporting
- Understand the essentials of a contract data register.
- Maintain a comprehensive data register, recording essential details for future reference and reporting purposes.
- Prepare regular reports on contract execution progress, highlighting key milestones and potential issues.
4. Logistics and Documentation Management
- Collaborate with stakeholders to coordinate lay can, port of loading, discharge port lay can, and coal type/ quantity declarations according to agreed terms.
- Initiate processes related to issuing letters of credits, vessel nomination, shipping instructions, and shipping document verification.
- Ensure compliance of shipping documents with letter of credit terms, including Bill of Lading checking and switching.
Benefits:
- Practical exposure to the wholesale metal/ energy trading industry.
- Mentorship from experienced professionals in the trade operations team.
- Opportunity to develop skills in contract drafting, negotiation, stakeholder coordination, and documentation management.
- Hands- on experience in liaising with international stakeholders both internal and external.
- Insights into the operations of a prominent company in the trading industry belonging to the JSW group of Companies.
Timeline:
The internship is expected to span a minimum of 3 weeks.
Regular check-ins and progress assessments will be scheduled to ensure the intern stays on track.
Requirements:
- Students undertaking a undergraduate or postgraduate course in NTU/ NUS/ SMU are welcome to apply;
- A minimum commitment of 3 months is required;
- Students are allowed to take 1 day in a week to return to their university to complete any coursework if required;
- Proficient in MS Office;
- Meticulous and detail- oriented;
- Adaptable and independent.
Related Job Searches:
- Company:
JSW International Tradecorp Pte Ltd - Designation:
Trade Operations Intern - Profession:
Logistics / Supply Chain / Transport - Industry:
Wholesale Trade - Location:
Downtown Core