Junior Commodities Trader - Singapore - GLOBAL MIND AGRICULTURE PTE. LTD.
3 weeks ago
Description
1.
Key responsibilities:
Understand the Sugar market:
production & consumption, global & regional trade flow, country-specific policies
- Seek new business opportunities in the SEA region and work as a team to develop new accounts
- Interact with traders and handle negotiations of both parties (seller and buyer) concerned
- Build and maintain a lasting relationship with customers, suppliers, and agents
- Develop a new customer portfolio with a focus on the Asia market, actively look for new customers to grow sales
- Generate trade deals, negotiate terms with related parties, and ensure completion of each trade
- Ensure proper execution of trades (physical and paper)
- Daily reconciliation of trading transactions with documents
- Preparation of trading summary reports
- Manage and report the risk of your customers' portfolio
- Work closely with the sugar team in maintaining a healthy P&L
- Liaise with the Operations and Finance department
Requirements:
- Bachelor's degree or equivalent in Economics /Supply Chain/Business/Shipping/International Commerce or equivalent
- Good market knowledge preferably the white sugar would be an added advantage
- Proven track records in trading strategies and commercial experience
- Knowledge of international shipping terms, hedging, the futures market
- Good communication, negotiation, and analytical skills
- Ability to work independently as well as part of a team
- Proficiency in both spoken and written English and Mandarin
- Mandarin speaking is mandatory to liaise with our Chinese counterparts
- Able to travel to China & Vietnam
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