Trader (Junior)

LOUIS DREYFUS COMPANY ASIA PTE. LTD.; Singapore; On-site; SGD 45,000 - 60,000; Full time

Job summary

A leading agricultural trading company in Singapore seeks a professional to assist in the sales and marketing of cotton. The ideal candidate will have 1-3 years of experience in commodity sales, strong analytical skills, and a basic understanding of cash and futures markets. Responsibilities include identifying market opportunities, managing counterparty risk, and coordinating shipments. This position requires excellent communication and time management skills.

Qualifications

• 1-3 years’ experience in commodity sales and marketing.
• Basic understanding of commodity cash and futures markets.
• Strong attention to detail and analytical skills.
• Ability to work independently and propose solutions.

Responsibilities

• Assist in sales and marketing of cotton.
• Identify opportunities and grow market share.
• Manage counterparty risk.
• Analyze Supply and Demand for profitable growth.
• Co-ordinate on shipments and LC processes.

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.