job description - SAFEX Contract Administrator
- Ideal candidate should have a tertiary qualification in Agricultural Economics, Risk Management and/or Financial and related.
- Exposure to derivative markets and risk management environments.
Duties & Responsibilities
Key Duties and responsibilities:
- Daily processing of purchase and sales contracts.
- Creating/processing of contracts and sending contract for signature to all relevant parties.
- Handling of queries send to Contract-Desk.
- Managing open contracts.
- Matching Futures / Options traded on SAFEX and CBOT (Chicago Board of Trade) market to physical contracts.
- Updating pricing sheets for clients.
- Daily PNL reporting, Trading PNL as well as Physical PNL.
- Doing consolidated position reporting (Inventory, Purchase and Sales, Futures, and Options)
- Understanding all inputs inserted into TradeOne (ERP system).
Essential skills
- Completed SAFEX examination: Agricultural Market Dealers.
- Intermediate to Advanced MS Excel proficiency.
- Understanding of derivative markets and/or risk management.
- Excellent numerical reasoning and problem-solving skills.
- Excellent attention to detail and high a degree of accuracy.
- Experience of working in a fast-paced environment.
- Ability to work well within a team environment.
- Ability to work under pressure while always maintaining attention to detail.
- Planning, organising and excellent time management skills.
- Critical thinker with emotional resilience to overcome obstacles.
- The ability to be proactive and work under pressure.
- Good interpersonal and organizing skills.
- Strong communication and listening skills.
- Positive attitude.
- Computer Literacy (MS Excel, Word, Outlook, web-based platforms).
- Ability to work collaboratively at all levels within the business.
- Excellent written and verbal communication skills.
- Aptitude for continuous system enhancements and automation.
Desirable skills
- Exposure to grains industry.
- Demonstrated work experience of minimum 1 year.
- SAP experience.
- Experience using an ERP system.
General
- Office based in Techno Park, Stellenbosch.
- Reports to Contract Desk Team Lead
- Salary is market related basic salary with Provident fund and Medical aid benefits.
- Financial year end is December.
- Harvest and seasonal (high volume periods) are generally March to August/September.
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About the company
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COFCO International is a world-class agriculture supply chain company, competing globally, and is committed to providing the food the world needs in a responsible way.