Trader (Junior)

LOUIS DREYFUS COMPANY ASIA PTE. LTD.; Singapore; On-site; SGD 50,000 - 70,000; Full time

Job summary

A leading agricultural goods company is seeking a candidate in Singapore for a role in commodity sales and marketing. Responsibilities include assisting in cotton sales, analyzing market opportunities, and managing counterparty risks. Candidates should have 1-3 years of experience in commodity sales, strong analytical skills, and knowledge of Excel and Python. This role offers a chance to work independently in a dynamic environment.

Qualifications

• 1-3 years' experience in commodity sales and marketing.
• Basic understanding of how commodity cash and futures markets work.
• Strong analytical skills and attention to detail.

Responsibilities

• Assist in sales and marketing of cotton reporting to the marketing manager.
• Identify opportunities and grow market share in various destination markets.
• Analyze Supply and Demand and develop trading and marketing ideas.

Skills

Communication skills

Negotiation skills

Analytical skills

Time management skills

Tools

Excel

Python

Job description

Overview / Brief

Louis Dreyfus Company is a leading merchant and processor of agricultural goods. Our activities span the entire value chain from farm to fork, across a broad range of business lines, we leverage our global reach and extensive asset network to serve our customers and consumers around the world. Structured as a matrix organization of six geographical regions and ten platforms, Louis Dreyfus Company is active in over 100 countries and employs approximately 19,000 people globally.

Main Responsibilities

• Assist in sales and marketing of cotton reporting to the marketing manager / head of the region.
• Identify opportunities and grow market share in various destination markets.
• Manage counterparty risk, through mark to market (MtM) mitigation & good choice of customer profiling.
• Analyze Supply and Demand (S&D) and come up with trading and marketing ideas with ultimate goal of profitable market share growth.
• Co-ordinate for issuance of PI.
• Maintain database of initial LC opening, Clean LC time, issuance of PI time etc.
• Co-ordinate with India treasury and Asia treasury on availability of bank lines for Indian shipment.
• Co-ordinate for any special clause in LC either from seller side or buyer side.
• Co-ordinate on shipment from Origin. Possible shipment date, possible voyage time. Via ports or direct shipment co-ordination.
• Advise on LC opening time to marketers on meeting possible deadlines of shipment.
• Provide HVI data for Aus cotton on buyers request after approval from Traders.
• Contract allocation for Aus cotton in ATLAS.
• Follow up on pending SI / LC for Aus cotton with respective buyer / agents.

Experiences

• 1-3 years' experience in commodity sales and marketing
• Basic understanding of how commodity cash and futures markets work
• Good communication & persuasion / negotiation skills
• Good at math & basic excel, python and modelling skills would be a plus
• Ability to meet deadlines
• Strong analytical skills and strong attention to detail essential
• Ability to work independently and propose solutions.
• Good analytical and problem solving skills
• Good time management skills, capable of acting on own initiative and demonstrate responsibility;
• Committed approach to team work, adaptability.