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Operations Lead Steel Trading | Schaumburg, IL, USA

Job Description - Operations Lead Steel Trading | Schaumburg, IL, USA

Operations Lead – Steel Trading | Schaumburg, IL, USA

Role: Operations Lead – Assigned Product
Location: Schaumburg, IL, USA
Industry: Steel Trading / Metals
Department: Operations
Job Summary:
Responsible for managing operational processes for assigned steel trading products and overseeing US operations across the Schaumburg and Mumbai teams. The role involves hands-on trade execution, contract administration, trade finance, logistics, compliance and team management.

Key Responsibilities:

  • Manage Letters of Credit, including opening, vetting against sales/purchase contracts, discrepancy resolution and bank coordination.
  • Manage customer credit and follow up on customer payments.
  • Ensure timely customs declarations and clearance.
  • Supervise the assigned operations team across all aspects of trade execution.
  • Review sales contracts and purchase orders, including Incoterms and transaction costs.
  • Ensure preparation of commercial invoices, bills of lading, packing lists, insurance certificates, certificates of origin and LC documentation.
  • Coordinate payments for steel purchases, freight and service providers with Finance & Accounts.
  • Improve operational procedures and documentation processes.
  • Identify and escalate contractual/commercial risks.
  • Work with IT to improve operational systems including NAVISION/D365.
  • Manage team members and relationships with commercial teams, vendors and suppliers.
  • Monitor warehouse reports, ageing inventory and system stock reconciliation.

Requirements:

  • Bachelor’s degree in International Trade, related field or equivalent.
  • Strong experience in steel trading, steel mills operations or commodities preferred.
  • Hands-on knowledge of international trade operations, logistics, trade finance and Letters of Credit.
  • Strong understanding of Incoterms.
  • Team management and stakeholder management skills.
  • Strong communication, coordination and problem-solving abilities.
  • Advanced Excel and ERP knowledge.
  • Spanish language skills would be an advantage.


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