GRAIN TRADERS ASSISTANT - Stellenbosch
Salary Negotiable
Stellenbosch, Western Cape
Stellenbosch,
Western Cape
more than 14 days ago
07-05-2018 8:09:46 AM
02-07-2018 8:09:46 AM
APPOINTMENT REQUIREMENTS:
• BComm degree (International Trade / Agricultural Economics /Investment Management / Financial Risk Management)
• Minimum of 1 - 3 years working experience in a trading environment
• Strong in numbers and reconciliations
• PC Literacy – Excel formulas
• Excellent communication skills (written, and verbal) in Afrikaans and English
• Strong attention to detail, highly organized
• Ability to work well in a fast-paced professional office environment with multi tasking skills
• Ability to work under pressure
RESPONSIBILITIES:
• Trading One Contract management (also receiving contract back from client)
• All invoices excluding delivered contracts
• Trade and contract management for Farming Agents
• SAFEX deliveries and assignments – Trade and Invoice
• Financing – Repos – Trade and Invoice
• Trade and contract management for Farming, including invoices
• CMS requests for non Commercial Clients
• Contract Position Recon
FUNCTION:
•Timely and accurate trade capture in Trading One (position management software) on physical and derivatives
•In charge of the daily follow up and maintenance of all positions (past and forward, including but not limited to MtM valuation and PNL exposure)
•Assure proper internal communication between desks throughout (Front Office, Operations, Product Control, Freight and Finance desks)
•Provide support to traders on a daily basis in the preparation and verification of position reporting (exposure and PNL)
•Responsible for daily maintenance of open positions (physical trade applications, paper trade allocations, wash out proposals, MtM curve rolling/modifications, market daily prices verification and upload)
•Concentrate pricing responsibility; daily coordination of pricing to be done (versus cash), validity check of fixing orders, daily broker statement reconciliation and capture of executed orders
•Daily derivatives reconciliation
•Meet requests for ad hoc information
Competitive market related salary on offer