Commodities Broker at Obsidian Achernar

About the Role

• The candidate is to focus on investing in sort after agricultural products such as cashew, pear, cannabis and others.
•  He/She would be involved in a day-to-day buying and selling of these products on behalf of his clients often driven by expected economic trends or arbitrage opportunities in the commodities markets.
• In addition, he/she would monitor market trends and factors that affect supply, including weather conditions and foreign exchange rates since the contracts you execute influence their employer's inventory and profitability.

Job Description

• Agreeing on buying or selling prices at optimal levels for clients.
• Make bids or offers to buy or sell commodities.
• Aggregate the purchase and sale of commodities between a buyer and a seller.
• Secure a list of well-equipped buyers and sellers both local and international for the smooth brokering of commodities.
• Develop or maintain supplier or customer relationships.
• Devise trading, option, or hedge strategies.
• Identify opportunities or develop channels for purchase or sale of securities or commodities.
• Provide adequate pricing structure indicating profit margins of trades to be executed.
• Responsible for researching on a commodity with regards to price volatility, trade policies, environmental factors, government measures, agribusiness, political developments or supply and demand changes.
• Inform other traders, managers, or customers of market conditions, including volume, price, competition, or dynamics.
• Process paperwork for special orders, including margin or option purchases.
• Receive sales order tickets and inspect forms to determine accuracy of information.
• Review transactions to ensure conformance to regulations.
• Write or sign sales order confirmation forms to record or approve security transactions.
• Make transportation arrangements for sold or purchased commodities.
• Reconcile account-related statements, such as quarterly or annual statements or confirmations.

Knowledge, Skills and Abilities Required

• Demonstrated ability in securing major deals from individuals, corporations, foundations and other sources.
• Good with numbers
• Ability to work under pressure
• Ability to conduct research, gather data, analyze information and prepare effective, accurate and timely reports and other documents to support development objectives.
• Database management skills.
• Ability to organize, prioritize and schedule work assignments.
• Ability to be adept in negotiating business deals and making sound decisions that benefit the company
• Ability to communicate and work effectively within a diverse community.
• Meeting monthly assigned target by Management.

Requirements

Educational Background

• Minimum First Degree in Agribusiness, Marketing, Statistics, Finance, Mathematics, Accounting or Economics
• An MBA or MSC in the fields above would be an added advantage                  
• Work Experience: 2 years Minimum in working with an excellent Commodities Trading Institution as a Commodities Trader/Broker.