Cocoa Senior Trader
Salary From RM80,000 pa and above
Location Kuala Lumpur
FULL_TIMEConsultant CheeMing Lim
Job Ref 1865700/001
Date posted 11 January 2023
kuala-lumpur procurement-supply-chain/purchasing-procurement 2023-01-11 2023-03-12 purchasing-and-procurement Kuala Lumpur MY Robert Walters https://www.robertwalters.com.my https://www.robertwalters.com.my/content/dam/robert-walters/global/images/logos/web-logos/square-logo.png true
A top producer of cocoa and chocolate is seeking a Cocoa Senior Trader to be based in Kuala Lumpur, Malaysia. This person will be reporting directly to the Cocoa Trading Manager and will be in charge of ensuring that facilities across various locations are fully operational and well stocked through physical trading, as well as managing trading activities (such as hedging trades to reduce physical risk).
About the Cocoa Senior Trader Role:
The Cocoa Senior Trader will be responsible for overseeing a group of suppliers and conducting transactions that secure an adequate supply of cocoa that meets production needs in terms of timing, quantity, volume, and cost. The person in this role will buy and sell cocoa from and to suppliers, processors, and country elevators. They will also be expected to explain market conditions to both internal and external parties on a regular basis, and lead the company in crafting and implementing strategies related to futures trading.
Key Responsibilities:
- Act as the primary contact for all matters related to futures trading
- Manage and reduce daily physical risks from regular business activities on both the buying and selling side by hedging
- Collaborate with logistics, transportation, quality assurance, customer managers, and credit managers to ensure smooth execution of trades
- Regularly update and optimise risk management and trading strategies to meet profitability targets, and lead the trade team in executing these plans
- Create market reports, position reports, and profit and loss statements based on data and specialised reports collected by junior team members
- Interact directly with customers, suppliers, and business partners to develop business solutions to meet their needs
- Independently handle complex issues with minimal supervision and only escalate the most complex issues to higher management
- Travel regularly to rural and developing areas as necessary
To excel in this role, it is important to have experience as a seasoned trader who has navigated various market conditions such as downturns, supply shortages, and peak seasons, and remains unfazed by uncertainty. Additionally, having a basic understanding of different trading techniques (such as inverse trades and spread trades) and a passion for staying informed about market developments is crucial for maintaining sharpness in the role.
Key Requirements:
- Degree tertiary qualification in supply chain, mathematics, or related business degree
- Four to seven years of experience in dealing with financial derivatives for different commodities (vegetable oil, petrochemical, metals)
- Three to five years in physical trading environment with hedging and position-taking responsibilities
- Analytical skills with experience in risk management systems is an advantage
This top producer of cocoa and chocolate has an outstanding portfolio, and they are looking at growing their asset holding to expand their cocoa & chocolate presence in the market. This encourage them to further develop its people and business to remain as a staple brand name and bring it to the next level of growth.
If you are a progressive Cocoa Senior Trader with a can-do attitude, this is an excellent opportunity to work in this established public listed company that you can relate with while be in a great organisation that desire to be even better.
If you would like to apply for this role or find out more, please contact Lim Chee Ming on +603 2303 7047 or email to cheeming.lim@robertwalters.com.my quoting the Job Title. Thank you.
Do note that we will only be in touch if your application is shortlisted.
Agensi Pekerjaan Robert Walters Sdn Bhd
Business Registration Number : 729828-T
Licence Number : JTKSM 423C
Similar jobs
-
Salary: From RM80,000 pa and aboveLocation: Kuala LumpurDate posted: 11 January 2023A world leading agriculture and food ingredient manufacturer is recruiting for a Palm Oil Trader joib based in Kuala Lumpur, Malaysia. Reporting directly to the Commercial General Manager, this role is responsible for ensuring asset management across multiple sites are at full capacity with sufficient feed pipeline through physical trading and managing trading books (paper trade in hedging position to mitigate physical exposure) that runs hand in hand with their asset-based business.
-
Salary: Market AlignedLocation: Kuala LumpurDate posted: 11 January 2023A leading international retail beauty firm with a presence in more than 150 countries is recruiting for an Assistant Manager - Customer Service (Retail Beauty) job to manage the coordination of shipment goods, documentation and IT projects relating to order management of the company.
-
Salary: Market AlignedLocation: Kuala LumpurDate posted: 25 January 2023A Planning Assistant Manager job has become available at an established FMCG company.
-
Salary: Market AlignedLocation: Kuala LumpurDate posted: 25 January 2023An Order Management Lead job has become available at a leading multinational company.