Physical Commodity Trader

South Africa, South Africa

Job Description

Imperium Commodity Search is proud to be working with a culture rich and family orientated trading house in South Africa on their next phase of growth. Reporting directly to the CEO, you will have control of your own desk/commodity class (grains, agriculture, cocoa, coffee, sugar, metals, energy, coal, cashews, sesame, edible oils etc.) and be PnL responsible for your own business. We would normally offer a run down of the company here, but their traders say it best:
"Ethics of the highest standards and a professional work environment that empowers ambition."
"They unlocked my potential for success."
"A company like no other, a company where you get a sense of motivation to always be better and work harder, not just in the workplace. A company where a young trader like myself, can pick up the phone and directly phone the CEO and be heard, EVERY TIME! You are not just a number in the company, you and your opinion count."
Benefits:

  • Family ethos to trading
  • Real back to back physical trading, the way it all began
  • Entrepreneurial approach to business
  • Flat structure, direct relationships with the CEO and a teamwork led environment
  • Commission/Bonus led structure with no caps
  • Ability to capitalise on trading opportunity quickly and with the right support
  • In house operations and back office administrative support team
  • Experts in numerous commodity areas.
  • "Because of our flat structure where all traders are on the same commission structure it forces us to engage with each-other in a large way which becomes a "value added" e.g. : I don't trade petrol but I have a petrol expert in my team so then all I need is a cliental and we are in business and profits are shared between desks" - Senior Trader
Responsibilities:
  • Work closely with the CEO on establishing a new trading desk on your specialised commodity class (grains, agriculture, soft commodities, cocoa, coffee, sugar, coal, metals, minerals, proteins etc.)
  • Actively drive PnL and capitalise on physical back to back trading opportunity on your desk
  • Work closely with back office and operational staff to ensure smooth logistics/end to end supply chain of your trades
  • Identify new product areas and geographical target markets to capitalise on trading opportunity and drive desk profitability
  • Offer advice, support and assistance to colleagues where required, demonstrating the best of the company and its commitment to team work and family atmosphere
  • Keep up to date with current market analysis and commentary to make informed trading decisions and manage risk
  • Work with CEO on identifying budgetary frameworks and annual/quarterly PnL records, volumes, profit reports and risk reports for your desk/commodity asset class
  • Negotiate and conclude trade transactions in your specialist commodity area, ensuring end to end/back to back trade flow is timely, accurate and profitable
  • Ensure the internal team that you are working with are operating efficiently and ensure timely accounting and supply chain
Experience:
  • 5-7 years' + experience in your specific commodity arena across a physically traded product (agri, soft commodities, food, energy, metals, minerals, proteins etc.)
  • Proven track record of profitability and self managed trading portfolio with a physical back to back trading house
  • Established relationships in the market with the ability to trade from day one
  • Excellent network and contacts within the commodity trading space on both the supply and sales side
  • Fluent in English
  • Ability to travel and meet with clients, stakeholders etc. where required
  • Excellent coaching/mentoring ability with a talent to combine both teamwork and independent working to achieve profitability targets
If you meet the above criteria and think our client has the trading environment for you and your book of business, please send your CV/Cover Letter to Mark Taylor at mark@imperiumcs.com or use the apply button
Got a question?
We are here to help, speak to one of our experienced search consultants now on +44 (0) 203 927 5090
Useful Documents
Our Recruitment Office
Staple House, 5 Eleanor's Cross
Dunstable
Bedfordshire,
LU6 1SU
+44 (0) 203 927 5090
Details
Company Registration Number - 8793838
VAT Registration Number - 181504032
Imperium Commodity Search is a specialist brand of MET Recruitment (London) Ltd. - All rights reserved
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Job Detail

  • Job Id
    JD1611018
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    South Africa, South Africa
  • Education
    Not mentioned