
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.