SAFEX Contract Administrator at COFCO International

Minimum qualifications and experience

• Ideal candidate should have a tertiary qualification in Agricultural Economics, Risk Management and/or Financial and related.
• Exposure to derivative markets and risk management environments.

Duties & Responsibilities

Key Duties and responsibilities:

• Daily processing of purchase and sales contracts.
• Creating/processing of contracts and sending contract for signature to all relevant parties.
• Handling of queries send to Contract-Desk.
• Managing open contracts.
• Matching Futures / Options traded on SAFEX and CBOT (Chicago Board of Trade) market to physical contracts.
• Updating pricing sheets for clients.
• Daily PNL reporting, Trading PNL as well as Physical PNL.
• Doing consolidated position reporting (Inventory, Purchase and Sales, Futures, and Options)
• Understanding all inputs inserted into TradeOne (ERP system).

Essential skills

• Completed SAFEX examination: Agricultural Market Dealers.
• Intermediate to Advanced MS Excel proficiency.
• Understanding of derivative markets and/or risk management.
• Excellent numerical reasoning and problem-solving skills.
• Excellent attention to detail and high a degree of accuracy.
• Experience of working in a fast-paced environment.
• Ability to work well within a team environment.
• Ability to work under pressure while always maintaining attention to detail.
• Planning, organising and excellent time management skills.
• Critical thinker with emotional resilience to overcome obstacles.
• The ability to be proactive and work under pressure.
• Good interpersonal and organizing skills.
• Strong communication and listening skills.
• Positive attitude. 
• Computer Literacy (MS Excel, Word, Outlook, web-based platforms). 
• Ability to work collaboratively at all levels within the business.
• Excellent written and verbal communication skills.
• Aptitude for continuous system enhancements and automation.

Desirable skills

• Exposure to grains industry.
• Demonstrated work experience of minimum 1 year.
• SAP experience.
• Experience using an ERP system.

General

• Office based in Techno Park, Stellenbosch.
• Reports to Contract Desk Team Lead
• Salary is market related basic salary with Provident fund and Medical aid benefits.
• Financial year end is December.
• Harvest and seasonal (high volume periods) are generally March to August/September.