Senior Trader Specialist
1 week ago
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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