Responsibility/Duty
SND Management 25%
• Gather, analyze and input key information concerning the different agricultural products into the local Chinese S&D (supply and demand balance sheet);
• Manage and keep the local S&D up to date. Discuss locally and with the different trading desks in Geneva;
• Make weekly S&D changes report;
• Connect with the different merchants on feed demand, and analyze and report the impacts in the market.
Price Collection Nationwide 35%
• Monitor the different agricualtural products’ prices in key locations, including Northeast origination areas, Dalian, Shangdong, YRB, Fujian and Guangdong;
• Maintain & analyze daily cash prices and correlate them with DCE futures prices and world prices;
• Report price changes in the various regions, more specifically on how price changes affect import and export economics.
Positions and Trading 15%
Assist the Trading Manager on covering different areas of risk management for the GOSC GCK including but not limited to:
• Hedging cash purchases;
• Trading futures in DCE and CBOT;
• Arbitrating between cash and futures, including delivery on the exchange;
• Report Open Interest/Trade Volume/carry structures and explore trading opportunities;
• Keep trading position spread sheet updated (Long & Short);
• Give the necessary guidance and learn from the different locations (offices or plants);
• Keep WTU and Minneapolis fully informed on major developments in the DCE, cash markets and general environment in China;
• Write daily recaps on the different commodities traded;
• Write weekly recaps for the Chinese Risk Meeting on the different commodities traded.
Import/Export business 25%
• Daily communication with WTU and customers regarding market developments;
• Conduct agency business for WTU for the different agricultural products;
• Work together with trade execution/accounting/treasury/TSF functions to manage market and customer risk. Keep WTU on the loop.
Essential Position Requirements
Education
Bachelor and above
Experience
Up to 2 years working experience in MNCs
Skills
· University undergraduates who have the passion to learn & grow with the organization through on job practice;
· Strong analytical skills and commercial sense;
· Proven numerical agility;
· Good communication and interpersonal relationship skills;
· Willing to step forward with new ideas and challenge status quo;
· Acting with conviction and integrity;
· Result oriented and accountable
· Fluent in both Mandarin and English, written and verbal.
email：charlotte_luo@
