Global Commodities Specialist
2 days ago
At The Legends Agency, we offer a competitive salary of $120,000 - $180,000 per annum for our Global Commodities Specialist role in Somerset West, Cape Town.
Job Description:- Company Overview
The Legends Agency is seeking an experienced Global Commodities Specialist to join our team. As a key member of our trading operations, you will be responsible for sourcing, purchasing, and selling various non-perishable commodities.
- Key Responsibilities:
- Market Analysis and Strategy
- Conduct in-depth market research on non-perishable commodities, such as packaged goods, textiles, and other raw materials, to identify trends, supply chain shifts, and pricing opportunities.
- Develop and execute trading strategies to achieve financial targets and meet company goals, adjusting strategies as market conditions change.
- Trading Operations
- Purchase and sell commodities, negotiating favorable terms with suppliers and clients to secure the best possible outcomes.
- Manage the logistics of trading operations, including coordinating transportation, ensuring timely delivery, and maintaining quality standards.
- Utilize trade and financial tools to manage price fluctuations and risk, ensuring compliance with both company policies and regulatory standards.
- Relationship Management
- Build and maintain strong relationships with clients, suppliers, and other trade partners to foster long-term business development.
- Act as the main point of contact for key accounts, providing market insights and ongoing support throughout the trading process.
- Negotiate and renew contracts, ensuring alignment with company policies and profitability goals.
- Risk Management and Compliance
- Identify and assess risks related to pricing, currency fluctuations, and supply chain disruptions.
- Implement risk management techniques, including hedging where appropriate, to safeguard against market volatility.
- Ensure compliance with all relevant trade regulations and safety standards specific to the commodities traded.
- Data and Reporting
- Maintain accurate records of trade transactions, contracts, and correspondence for accountability and transparency.
- Prepare and present regular reports on trading activities, profitability, and market analysis to the management team.
- Bachelors degree in Business, Economics, Finance, or related field preferred
- Minimum of 3 years of experience in commodity trading, with a focus on non-perishable goods.
- Strong analytical skills and proficiency in market research to inform trading strategies.
- Excellent negotiation and relationship-building skills to manage client and supplier interactions.
- Familiarity with trading software, risk management tools, and financial analysis platforms.
- Knowledge of international trade regulations and compliance requirements.
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