Junior Trader

  • Full Time
  • Gauteng
  • Applications have closed

Website Louis Dreyfus Company

Founded in 1851, Louis Dreyfus Company is a leading merchant and processor of agricultural goods. Our activities across a diversified range of business lines span the entire value chain, from origination to distribution, helping to feed and clothe up to 500 million people every year. Our stron… read moreg values, rich heritage, and clear vision for a safe and sustainable future guide us in our work to contribute to the global effort of providing sustenance for a growing population. We are LDC.

Job Description

Drive origination, trading and market analyses in order to support the growth of the grains and oilseed business in Southern Africa

Commercial

Oversee physical trade operations with a focus on origination of grains (yellow and white corn) and oilseeds (focus on soybeans) for both domestic basis contracts and exports (either cross-border or deep-sea)
Identify, execute and optimize PnL on cash trading opportunities with respect to market spreads vs. cost of carry and delivery arbs
Identify, execute and optimize PnL on prop trading opportunities with respect to relative value trades (parities), calendar spreads and flat positions in ZAR and USD
Ensure trade to cash process is implemented (validation of contracts, exchanges of futures, FX hedge for sales, collection of funds, collection of cargo in case of prepayment)
Follow execution of the program, assist in solving daily issues (interface with execution, freight team, and destination teams)
Drive external commercial interactions (industry events, tender submissions, regular meetings)
Build personal relationships with key stakeholders (internal and external)

Analysis

Develop and operate intelligence/trading tools (export and import parities, crush margins, domestic and cross-border basis)
Support research team with market intelligence tools for S&D modeling across multiple products / regions
Send out key market information, analysis and updates to the platform (line-ups, SAF values, competitor updates, S&D updates)
Identify trends and market developments, ensuring the exchange of information and the production of market and other reports

Experience:

3- 5 years of experience in a commercial / trading position in South African Agricultural sector with existing relationships in the industry

Knowledge:

Ability to manage a high level of complexity and good problem-solving skills.
Analytical mindset, at ease with numbers and proven negotiation skills.
Possesses a certain layer of finesse and tact to represent the Company in front of customers
Good interpersonal skills, ability to work in a multi-cultural and cross-functional team
Flexibility, ability to cope with fast-paced changes within a growing company

Education:

University degree in a relevant field, such as Agricultural economics

Languages:

Fluent in Afrikaans and English – any other language would be a plus.

Systems:

Advanced user of Excel and PowerBI
Any programming knowledge would be useful

Apply via company website ( N / A ) or

www.ldc.com

 

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