COMMODITY TRADING & FOREX TRAINEE

Job description

JB Foods Global is looking for a Commodity Trading & Forex Trainee. This position is  an entry-level full-time position for candidates that are passionate about commodity trading in both physical & paper aspects. The main responsibilities include consolidating & presenting of the company’s commodity risk position & Ad hoc research & duties required by the Trading & Treasury Department

 

Responsibilities:

  1. Responsible for the maintenance & accuracy of JB Cocoa’s Position Report which comprise of daily reporting & consolidation of the company’s
    • physical purchase position,
    • physical sales position,
    • physical contract imbalance,
    • paper futures position and
    • paper OTC position.
    • Forex Transactions
  2. Prepare financial forecast based on purchase & sales estimations and current market conditions.
  3. Support front office in contract creation and update of price fixing in SAP.
  4. Monitor Margin call limits on various paper accounts & liaise with finance team for margin transfers.
  5. Monthly liaise with Finance team to ensure that the month end closing figures are accurate
  6. To assist traders on product pricing calculations.
  7. Perform research duties as and when required by the team
  8. Assist on any ad-hoc tasks as required by the dept

Requirements:

  • BA or BS in Business (Account & Finance preferred)
  • Basic understanding of ERP systems
  • High integrity with good analytical and problem-solving skills
  • Ability to problem solve using data
  • Strong interpersonal skills
  • Good working attitude and willing to learn. Adaptable to changing environment and willing to take on challenges
  • Applicants must be willing to work in Paya Lebar, Singapore.
  • Singapore Citizen or Permanent Resident are encouraged to apply
  • Start Date : March 2021

* Salary Depend on qualification, ability and experience.

* Shortlisted candidate is advised to download, fill up and send us the application form through application form on career page for speedier processing purpose.

Department: Trading & Treasury Departmentt
Project Location(s): JB Foods Global
Education: BA or BS in Business (Account & Finance preferred)

Interest candidates are encouraged to write-in or email their resume to the address below

The Human Resources Department
JB Cocoa Sdn Bhd
Lot CP1, Jalan Tanjung A/6,
Pelabuhan Tanjung Pelepas,
81650 Gelang Patah, Johor.
Email: hr@jbcocoa.com