Job Description:
• The position is primarily accountable for supporting the Oilseed & Meal trading activities and deliver the productline PNL
• Daily Position Reporting with internal stakeholders
• Daily PNL Reporting with internal stakeholders
• Position Reconciliation of derivatives with empaneled brokers (ie IIFLW/Kotak/Phillip)
• PNL Reconciliation of derivatives book with Traders and Broker ledger.
• Position management with derivatives broker while managing Margin Utilization
• Maintain and update prices trackers for cash and Derivatives
• Maintained and provide assistance to update oilseeds and Oilmeal Snd
• Assist trader to execute defined Game Plan
• Forecasting volumes and PNL.
• Key responsibilities include helping oilseeds & oilmeals trading team in managing the proprietary positions in cash as well as in exchange
Principal Accountability:
Trading & Risk management- 50%
• Supporting the trading desk in managing proprietry positions , strategic sourcing and overall risk management
• Contract Management for Oilmeal trading
• Managing AR/AP
• Provide assistance to manage Cash Futures arbitrage book
• Maintaining Daily Purchases of Oilseeds and SBM under proprietary trading
• Ensuring successful execution of Contracts
• Follow-up for Suppliers payment.
• Follow up for quality and quantity related Dr/Cr Notes for Suppliers for smoother execution
• Using Derivatives instruments to manage price risk of our cash position
• Under trader’s supervision building time spread position
• Taking directional position backed by Snd.
• Coordinate trading desk activities with GTA for Grains supply & Demand analysis
Execution -20%
• Ensure smooth execution of cash contracts including contract issuance, BOSC ordination for movement and with A&F for payment
• Monitor daily ,weekly and monthly AR & AP
MIS & Data Management-30%
• Daily MIS on position reconcilliations ( Cash & Derivatives)
• Supporting the desk on daily, weekly , monthly PNL and forward forecast 30%
Required Qualifications
• Min Graduate Pref Engg + MBA
• 2-3 years of experience
• Strong analytical, problem solving, and decision making skills
• Proven interest in financial and commodity markets
• Communication – strong interpersonal skills and ability to develop effective relationships internally and externally
• Teamwork Skills – ability to work effectively with a team comprised of diverse skills sets and work/life experiences
Cargill is looking for MBA / PGDM / MBM profile candidates.
Short Job Information