GRAIN TRADERS ASSISTANT - Stellenbosch Verfied

Salary Negotiable Stellenbosch, Western Cape Stellenbosch, Western Cape more than 14 days ago 30-06-2017 11:04:51 AM
25-08-2017 11:04:51 AM
APPOINTMENT REQUIREMENTS:

• BComm degree (International Trade / 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