Senior Trader Specialist

1 week ago


Durban, KwaZulu-Natal, South Africa Talent 101 Full time

Position Overview: Talent 101 seeks a skilled Senior Commercial Trader to manage the buying, selling, and trading of edible oil products, execute trading strategies, secure supply contracts, and optimize profitability.

Key Responsibilities:

• Trading and Contract Execution: Negotiate supply contracts, monitor contract performance, and resolve disputes.

• Market Research and Analysis: Conduct in-depth market research to identify trends, price fluctuations, and supply-demand changes in the edible oil industry.

• Risk Management: Develop and implement strategies to manage price volatility, supply risks, and currency fluctuations. Utilize tools like futures contracts and options.

• Inventory Management: Monitor inventory levels, coordinate with production and logistics teams, and ensure timely delivery while minimizing costs.

• Relationship Management: Build and maintain relationships with suppliers, customers, brokers, and trading partners. Negotiate favorable terms and collaborate with internal teams to meet business goals.

• Compliance and Documentation: Ensure adherence to regulations and maintain accurate documentation of trading activities and contracts.

• Reporting and Analysis: Track trading performance, generate reports on volumes, pricing, and profitability, and identify areas for improvement.

Qualifications and Requirements:

• Bachelor's degree in finance, economics, business administration, or related field. Advanced degrees or certifications in commodity trading are advantageous.

• Proven experience in commodity trading, preferably in edible oils or agricultural commodities.

• Strong analytical skills and understanding of market data and trends.

• Knowledge of risk management and financial instruments used in trading.

• Experience with trading platforms and market analysis tools.

• Excellent negotiation, communication, and decision-making skills.

• Ability to thrive in a fast-paced trading environment.

• Proficient in spreadsheets and financial software for analysis and reporting.

• Understanding of industry regulations and trade compliance.



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