Trading Operations Executive

JB Cocoa; Gelang Patah; Remote; MYR 70,000 - 90,000; Full time

Job summary

A leading cocoa trading company in Johor is seeking a Trading Operation Executive to oversee cocoa market activities and manage buying and selling operations. The role requires monitoring the U.S. cocoa market during night hours, executing procurement strategies, and maintaining industry compliance. The ideal candidate will have a relevant bachelor's degree and 3-5 years of trading or procurement experience. Competitive compensation is offered.

Qualifications

• 3-5 years of experience in trading, logistics, or procurement.
• Understanding of cocoa market dynamics and trading strategies.
• Willingness and ability to work during night shifts or late hours.

Responsibilities

• Monitor cocoa market trends including price movements.
• Execute buying and selling strategies for cocoa.
• Prepare periodic financial reports for the group.

Skills

Problem-solving

Interpersonal skills

Negotiation skills

Education

Bachelor’s degree in Finance, International Trade, Business Administration, or a related field

Job description

Job Overview

We are seeking a Trading Operation Executive to oversee cocoa market activities, manage buying and selling operations, and ensure an optimal balance between cost, quality, and delivery. The ideal candidate will be responsible for monitoring cocoa market trends, executing procurement and hedging strategies, and maintaining compliance with industry standards.

This role will primarily focus on monitoring the U.S. cocoa market, which operates in a different time zone and therefore requires the candidate to work during night hours or occasionally until midnight to align with U.S. market activities.

Roles and Responsibilities

• Monitor cocoa market trends, including price movements, supply dynamics, and global trading activities.
• Execute buying and selling strategies to optimize the company's cocoa procurement and sales operations.
• Manage commodities reporting, including cocoa beans, cocoa ingredients, and hedging positions.
• Prepare periodic financial reports, including income statements, balance sheets, and cash flow statements for both individual company and group levels.
• Track and manage stock levels and shipments of cocoa beans for the group.
• Review weight and quality reports of cocoa bean shipments, liaising with suppliers to address discrepancies and claims.
• Assist in cocoa bean procurement, price fixing, and hedging activities.
• Ensure compliance with voluntary quality and HACCP standards while maintaining necessary certifications.
• Stay updated on new regulations and quality standards relevant to the cocoa industry and implement necessary changes.

Job Requirements

• Bachelor’s degree in Finance, International Trade, Business Administration, or a related field.
• 3-5 years of experience in trading, logistics, or procurement, with exposure to FOREX, bond, or commodity trading being an added advantage.
• Understanding of cocoa market dynamics, trading strategies, and risk management.
• Willingness and ability to work during night shifts or late hours due to U.S. market monitoring requirements.
• Strong problem-solving and decision-making abilities.
• Excellent interpersonal and negotiation skills.
• High ethical standards and ability to work independently while being a team player.