Expert Non-Perishable Commodities Trader

7 hours ago

Cape Town, Western Cape, South Africa The Legends Agency Full time
Job Description

We are seeking an experienced Non-Perishable Commodities Trader to join our team at The Legends Agency in Somerset West, Cape Town.

Key Responsibilities:
  • Market Analysis and Strategy:
    • Conduct thorough 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.
    Requirements:
    • Bachelor's degree in Business, Economics, Finance, or a related field is preferred.
    • A 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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