Freight Trader

Singapore, Singapore

Job Description


About Olam

Olam Agri supplies food, feed and fibre to meet rising demand and a shift to protein-based diets, particularly in Asian and African countries. Headquartered in Singapore and present on all continents, our value chains include farming, processing and distribution operations, as well as a sourcing network of an estimated 2.5 million farmers. Our teams have built leadership positions in many Olam Agri businesses, including rice, flour, animal feed, sesame, cotton, wood, and more. As a purpose-driven company, we aim to contribute positively to the prosperity and well-being of people along our supply chains, the protection and regeneration of our natural resource base, and the fight against climate change.


  • Negotiate and charter tankers and perform KYC and due diligence vetting of all appropriate parties which may include counterparties, PNI clubs and tankers
  • Run a book on the futures markets - involving futures, options, calendar and product spreads for at least 1-3 years and manage a positive Pnl record.
  • Strong know how & insights into the Edible Oil / Oilseed industry and its supply and demand dynamics
  • Develop and execute hedging strategies to minimize physical position exposures/basis/spread risk to market volatility.
  • Interact with customers and other trading desks daily to facilitate hedges/EFP transactions.
  • Responsible for derivative positions including analysis, risk metrics, position limits, daily reconciliations and strict adherence to regulations regarding trading practices and reporting.
  • Participate in weekly market analysis discussions with senior management and global regional managers
  • Part of the team for developing gameplan for trading short term and long term strategies for edible oils and executing the same.
  • Participation in weekly conference calls with origins & destinations to update on market situation/opportunities and competition activities
  • Work closely with freight and commodity execution teams and other cross functional departments
Requirements
  • Have 5-7 years of trading (physicals and futures) experience in the grains/oilseeds / Veg. oils
  • Have an ownership mindset! and desire to run the show Independently.
  • Have very good people management, communication and interpersonal skills with an ability to collaborate with and influence a matrix of internal and external customers at varied levels.
  • Relationship building & strong industry knowledge & contacts
  • Travel extensively across international markets.
Olam is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, nationality, disability, protected veteran status, sexual orientation, gender identity, gender expression, genetic information, or any other characteristic protected by law.

Applicants are requested to complete all required steps in the application process including providing a resume/CV in order to be considered for open roles.

Olam

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Job Detail

  • Job Id
    JD1299869
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned