Agricultural Trader - Johnnesburg at RMB - Rand Merchant Bank

Job Description

Agricultural Trader - To grow and optimize desk performance and profitability through integrated and innovative product optimization, risk mitigation and enabling processes and technologies.

Macro Environment

• Understand key competitors, global trends, industry dynamics and key macro environmental forces to analyze and identify desk opportunities and threats
• Understand the impact of economic and fundamental indicators (Local and international Supply & Demand, Import & Export parity, exchange rates, emerging markets and global influences) to establish a best-fit position for the desk to effectively trade risk

Desk Profitability

• Manage desk profitability in line with the desk mandates (including all relevant limits). This includes ensuring that profit and loss (P&L) positioning is reviewed and that submitted predictions are reliable
• Develop and explore new markets and products to expand the current product offering to clients within the desk’s mandate

Client

• Understand and stay close to the needs, wants, motivational perceptions and trading behaviors of desk client groups to ensure solution relevance
• Provide new product offering according to clients’ needs where possible
• Act speedily to resolve problems queries and complaints
• Adapt communication styles to meet the needs of different audiences

Internal stakeholders

• Build and maintain professional working relationships with all stakeholders displaying excellent abilities to initiate dialogue listen advise influence and negotiate to achieve win win outcomes
• Initiate meetings with key stakeholders to track progress manage expectations and ensure stakeholders requirements are delivered
• Preserve relationships despite airing conflicting views and seeks mutual gains when addressing conflicts

Personal

• Maintain a positive attitude and respond openly to feedback
• Handle stress in ways that do not negatively impact others
• Plan and manage own workflow anticipating obstacles juggling priorities and following through on objectives within agreed time frames and according to quality standards
• Take ownership of personal career development leveraging formal and informal opportunities
• Act in an ethical transparent and morally defensible manner including highlighting unethical practices
• Share debate and communicate learnings
• Flag and debate issues constructively
• Promote a friendly cooperative climate

Requirements:

• Minimum Qualification
• Degree - BSc, BCom, with mathematics, agricultural economics, economics, or stats
• Completion of required legal registrations - registered persons and JSE/SAFEX exams
• Minimum years of experience: 5 - 10 years minimum in a similar role
• Preferred Industry
• Multinational agricultural companies
• Co-operations
• Banking