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Commodity Trader

Job Title: Commodity Trader
Contract Type: Permanent
Location: Klang Valley
Industry:
Salary: RM Attractive
Contact Name: Christine Ow Yong Hwei Chen
Contact Email: christine.owyong@ellwoodconsulting.com.my
Job Published: November 06, 2020 15:02

Job Description

About our client

Our client manufactures edible oil and fat products and provide food R & D services to the market.  

 

About the role

You will be trading refined/crude palm oils and keeping pace with market developments, making deals and managing risk in the Palm Oil market. You will be reporting to the Head of Trading.

 

Your responsibilities

  • Trade PKPG paper market for palm products.

  • Communicating with foreign & domestic suppliers, agents & brokers to source at the most optimum price level.

  • Sourcing and sales of refined and crude palm oils needed by the company.

  • Identify arbitrage opportunities and leverage those profitably in palm, laurics and other related oils by employing the tools in both futures and physical markets.

  • Monitor risk management of trading positions and related exposures.

  • Ensure sufficient supply and stocks for production, supply chain position, especially shipping & lead time, anticipate bottlenecks & problem solving.

  • Analyse/forecast price trends of oils and fats.

  • Conduct cost/duties analysis.

  • Handle back end operation and execution of paper market.

 

You will have

  • Good Understanding of Malaysian palm market.

  • 3-5 years’ experience in Oil Palm industry.

  • Possess at least a Bachelor's of Economics, Commodity Futures Trading Examination or equivalent.

  • Able to analyse / forecast price trends of oils and fats.

  • Excellent analytical skills and adept in MS Excel.

  • Experience in ERP systems such as SAP, JD Edwards etc.

  • Fluent in written English and Mandarin.

  • Proven track record in performing under tight time frame.

  • Able to work in a diverse and multicultural environment.