What are the responsibilities and job description for the Junior Trader position at COFCO International?
Oakbrook Terrace, Illinois, US
Junior Commodity Trader
Based in US - Chicago
Directly Reports to:
Head Trader
Job Purpose:
This job is primarily responsible for the execution of positions created by others. Responsibilities include processing a variety of complexities for various commodities simultaneously.
Responsibilities:
Develop tactics to best execute trading positions.
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.
Gather and report on actionable information on crop and growing conditions, commodity movement, market, freight and logistical situations and trends throughout the world.
Cultivate long-term relationships with customers, third party vendors, and end users to improve and expand origination and sales.
Communicate market trends and information to regional staff, ensuring timely and quality market information.
Other duties as assigned.
Key Result Areas: (Key Performance Indicators)
PNL
Accuracy of admin. Trade functions
Development of trade flows and activity
Education and
Qualifications
Bachelor's degree, or equivalent experience.
Experience
2 Year's Related Merchandising Experience.
Working knowledge of the entire commodity life cycle; from producer to consumer.
Working knowledge of the basics of commodity transportation entering and exiting
Skills
Effective interpersonal, oral, and written communication skills with the ability to interact with all levels of people within and outside the organization.
Excellent consultative skills.
Ability to maintain confidentiality and comply with all applicable regulations.
Basic computer skills, including working knowledge of Microsoft Office Suite.
Strong business acumen.
Junior Commodity Trader
Based in US - Chicago
Directly Reports to:
Head Trader
Job Purpose:
This job is primarily responsible for the execution of positions created by others. Responsibilities include processing a variety of complexities for various commodities simultaneously.
Responsibilities:
Develop tactics to best execute trading positions.
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.
Gather and report on actionable information on crop and growing conditions, commodity movement, market, freight and logistical situations and trends throughout the world.
Cultivate long-term relationships with customers, third party vendors, and end users to improve and expand origination and sales.
Communicate market trends and information to regional staff, ensuring timely and quality market information.
Other duties as assigned.
Key Result Areas: (Key Performance Indicators)
PNL
Accuracy of admin. Trade functions
Development of trade flows and activity
Education and
Qualifications
Bachelor's degree, or equivalent experience.
Experience
2 Year's Related Merchandising Experience.
Working knowledge of the entire commodity life cycle; from producer to consumer.
Working knowledge of the basics of commodity transportation entering and exiting
Skills
Effective interpersonal, oral, and written communication skills with the ability to interact with all levels of people within and outside the organization.
Excellent consultative skills.
Ability to maintain confidentiality and comply with all applicable regulations.
Basic computer skills, including working knowledge of Microsoft Office Suite.
Strong business acumen.