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Junior Trader

COFCO Agri Ltd., Chicago, IL, United States


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Junior Trader

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.
  • Ability to maintain confidentiality and comply with all applicable regulations.
  • Basic computer skills, including working knowledge of Microsoft Office Suite.

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