Agricultural Commodities Trader

Job Categories:

Agri-business


Date Posted:

2020-11-03

Employment Type

Full Time

Website

bemconsult.com

Location:

Lusaka

Salary:

Negotiable


Description:

Job Purpose
The Agricultural Commodities Trader will develop and setup ’s soft commodity sourcing and trading strategy. The candidate must have an in-depth fundamental knowledge of the physical soft commodities market, including product knowledge, price drivers, customers, suppliers, storage, and logistics, with a proven track record of executing profitable transactions.

Key Responsibilities;

  • Development, setting and implementation of the Company’s commodity sourcing strategy;
  • Compile an annual income budget detailing volumes, counterparties, margins and indicative cashflows required to meet budget;
  • Maintain and develop sales opportunities while adhering to credit, quality, and cash risk limits; monitor national and international markets as well as negotiate price, specification, and delivery details.
  • Negotiate price/delivery, write up logistical documents, contracts, applications, hedging transactions, and final settlements; adhering to trading and risk position limits.
  • Build and Maintain relations with key industry customers, suppliers and service providers (brokers, transporters), through frequent visits and regular market information and other communications;
  • Negotiating, Contracting, Coordinating, and Optimisation of the Commodity business of the Company;
  • Get involved in hedging operations, FX covers, and risk mitigation procedures;
  • Manager Client contacts and Contract management process;
  • Assistance with any functions as requested by the CEO.

Preferred Competencies;

  • High level of computer skills and advanced level in excel and other analytical tools
  • Strong analytical skills, should be able to accept and manage complexity and uncertainty, and be able to act independently and take responsibility;
  • Basic computer skills, including working knowledge of Microsoft Office Suite.
  • Strong business acumen.
  • Effective interpersonal, oral and written communication skills with the ability to interact with all levels of people within and outside the organization.

Primary Areas of Accountability:

Qualifications and Experience

  • Bachelor's Degree in Agricultural Economics, Business or related
  • At least a minimum of 4+ years of experience in trading and commodity risk management
  • Knowledge and relevant experience in the grains, oilseeds, and Soyabeans market;
  • Must have experience trading in Maize, Wheat, Soybean, Soyacake, Groundnuts, Maize Bran, Sunflower and Molasses
  • Working knowledge of the entire commodity life cycle; from producer to consumer.
  • Working knowledge of the basics of commodity transportation entering and exiting an elevator.
  • Vast Commodity market experience


If you meet the minimum hiring requirements for the above position, please email your CV and Cover letter clearly stating your salary expectations to : jobs@bemconsult.com and copy in bemconsult@outlook.com  
 
Note that, all communications will be kept in the strictest of confidence. If you do not receive communication within 14 days of the closing date of the advert, please consider your application unsuccessful.
 
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