Commodity Trader at Ntice Sourcing Solutions

Role Overview:

• Provide professional advisory service function to the agricultural market in addition to risk management and maize price management for a portfolio of key agricultural customers in all areas of the business
• Lead market analysis and discussions and ensure that both local and international market opportunities are maximised
• Key link between the local business and the rest of the company
• Provide input into the business plan
• Identify trading opportunities, which incorporates supply and demand analysis, arbitration potential, spread trading and flat price trading
• Develop professional relationships with a portfolio of agricultural customers
• Develop and utilise internal/external networks with International Futures Exchange entities to engage support and effectively optimise the customer's position regarding a grain marketing strategy
• Advises customers regarding the risk associated with the grain marketing strategy
• Responsible for the implementation of the grain marketing strategy
• Presentations/seminars to customers in order to retain or gain new business
• Ensure export and import targets are achieved annually
• Manages sales targets and plan marketing initiatives in line with the business unit
• Executes customer trades on behalf of customers
• Provide analysis and advice on market expectations
• Monitor the agricultural market in the local and international areas, in terms of climatic conditions and ensure local/international crop surveys are co-ordinated and executed
• Monitor competitor activity for the purpose of understanding the potential and risk profile of each portfolio
• Lead analysis of both imported and local supply and demand factors
• Actively manage the overall company risk and exposure to the local market including commodity and forex positions where applicable
• Ensure adherence to ethical practices as well as Corporate Governance o Complies with all SOL/Corp procedures and policies
   

Qualifications/Experience Required

• Undergraduate University Degree which is Business/Economics/Financial orientated
• Minimum 5 -7 years experience in trading of agricultural markets
• Thorough understanding of basic accounting practices
• In depth knowledge and understanding of market analysis, trading concepts and futures markets Ability to innovatively analyse and implement solutions to trading opportunities
• Understanding of options trading, technical analysis and experience in risk management