Summary
Date Posted: Wednesday, December 09, 2020 , Base Salary: Not Disclosed

JOB DETAILS:
On behalf of our client an agro business company, we seek to recruit a highly competent, motivated and professional individual to fill the position of Cocoa Trader .

Key Duties and Responsibilities:
Buying, marketing and selling Cocoa
• Buying and selling of physical cocoa to maximize company revenue.
• Daily contact with regional and/or local representatives in origin about market developments.
• Communication with regional and/or local representatives about execution of sourcing strategy.
• Daily contact with clients and suppliers.
• Using and performing market analysis to implement appropriate buying and selling strategies.
Relationship management
• Maintaining and developing commercial relationships with suppliers and buyers.
Contract execution
• Responsible for sound execution of sale and purchase contracts related to the assigned origins. Solid communication with and provide support for back-office and logistics team.
• Close liaison with origin teams.
Futures & FX trading for hedging and proprietary book
• Assist Head Trader and/or Trader responsible for hedging and proprietary book in developing and maximizing the company’s trading strategy within the guidelines of the risk management policy.
• Being able to replace in absence of the Head Trader and/or Trader responsible for hedging and proprietary book in trading futures, options and foreign exchanges for hedging purposes and proprietary trading.
Risk management
• Ensure full insight and taking full ownership in the portfolio of physical book in terms of positions allocation, value at risk and risk controls with full understanding on all related risks, such as counterparty, origin and market risks.
• Develop and advise (potential) customers and suppliers on risk management policies and tools.
Market research
• Conduct research and analyze data in supply and demand factors of cocoa, related markets and of macro-economic fundamentals.
• Prepare analytical commodity market reviews for rest of trading team and clients
Sustainability
• Work jointly with the CR Officer in the implementation of sustainability projects/strategy in the assigned origins and with clients.
Management and team support
• Supporting the management in the implementation of the business strategies via daily execution of sales and account management as well as sourcing strategies and risk management.
• Work closely with origin reps and teams to ensure market share growth in the cocoa market.

Qualifications & Skills
• Bachelor degree or higher qualification (Mathematics, Econometrics)
• At least 3 years of relevant experience may substitute for the formal qualification.
• 3+ years of experience in preferably procurement of cocoa or other soft/agricultural commodities trading
• Proven sourcing experience Sound knowledge on cocoa or other soft/agricultural markets
• Good understanding of risk management in physical soft/agricultural commodities trading.
• Team player with strong commercial acumen Good analytical and numerical skills with attention to detail.
• Keen sense of priorities to meet short deadlines
• Good working knowledge of Microsoft office applications, especially Excel

Job Education Requirements: Bachelor's degree

Job Experience Requirements: 3 years


Work Hours: 8

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Job application procedure
Qualified and interested applicants should send their Application, CV and supporting documents indicating names and contacts of three professional referees by email to: recruitment@rcsconsult.net
Please note: Only shortlisted candidates will be contacted.

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