Trading Assistant Soybean Meal

COFCO International

COFCO International is a global agri-business with a clear vision, strong values and a positive culture, focused on being a leader in the global grains, oilseeds and sugar supply chains. We provide the food the world needs in a responsible way. Headquartered is Geneva, Switzerland, we are ambitious, with the right structures and culture to meet the world's increasing and changing needs. With 11,000+ people in 35 countries, our global portfolio includes assets across the Americas, Europe, Africa, Middle East, and Asia-Pacific. We trade with over 50 nations, while providing farmers unique direct access to the growing Chinese market.

Job Purpose

The trade assistant will effectively be the link between Front Office, Product Control and Operations with a specific focus on system trade capture, exposure and P&L maintenance, and liaising with all relevant parties to ensure a robust position and pricing in each trading desk and each trading flow.

Responsibilities

Timely and Accurate trade capture in CTRM system (physical and derivatives)
In charge of the daily follow up and maintenance of all positions (past and forward, including but not limited to MtM valuation and P&L Exposure)
Assure proper internal communication between desks through (Front Office, Operations, Product Control Finance, Risk and Freight desks)
Provide support to traders daily in the preparation and verification of position reporting (exposure and P&L).
Responsible for daily maintenance of open positions (physical trade applications, paper trade allocations, wash out proposals, MtM curve rolling/modifications, market daily prices verification and upload)
Concentrate pricing responsibility: daily coordination of pricing to be done (versus cash (EFP/OT), validity check of fixing orders, daily broker statement reconciliation and capture of executed orders
Daily Derivatives reconciliation
Meet requests for ad-hoc information
Conduct vessel vetting in line with internal policies and compliance requirements
Maintain and update counterparty master data, including onboarding of new counterparties
Liaise with Credit risk teams to monitor and check counterparty credit limits and ensure compliance prior to trade deal

Requirements

Bachelor degree or equivalent in Business administration, Supply Chain or International Trade (Import/export)
100% fluent in both written and spoken English
Experience in commodity trading, preferably in soybeanmeal
Experience of working in a global organization
Outstanding numerical & analytical skills with a great attention to details
Proactive and willing to find root cause if discrepancies arise.
Able to liaise with multiple stakeholders and deal with various tasks simultaneously in an ever changing and challenging environment.
Excellent communication skills and relationship management skills
Strong team player, self-motivated and energetic with a drive to learn
Ability to work in a fast-paced, high-pressure trading environment

COFCO International is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, age, national origin, disability status, protected veteran status or any other characteristic protected by law.

Please refer to our Candidate Privacy Notice to know how COFCO collects and processes your personal data during your job application.