Cofco Traineeship Program - Trade
We are a global agri-business with a six-continent supply chain. We can rely on the strong history of Nidera and COFCO Agri. With a long-standing market presence, we have a deep understanding of the world’s largest agricultural importing markets, including China.Requirements
After you join our team, you will have a full-time employment contract and you will have the opportunity to build the foundation of your career through a broad and deep professional training during one year.
The departments included in our program are: Financial, Execution, Trade and Logistics.
Main responsibilities for TRADE position:
Sustain commodity origination/purchases in Balkans;
Get familiar with Incoterms and import-export international commodities flows;
Keep close communication with farmers/field and office trading team with regards to prices and tradeable volumes;
Seek and gather specific information from the market, ensure accurate and regular reports about relevant commodity markets and competitors, crop development;
Run pricing, cost calculations for inland purchases, in coordination with Logistics Department;
Develop strong relations with suppliers/clients, negotiate and conclude the deal (sale/purchase contract);
Develop company’s portfolio of agricultural partners;
Align logistic needs together with Logistics Dept and Trade Execution Dept;
Coordinate with Finance & Controlling Dept for hedge FOREX and handle other market risks;
Become knowledgeable in P&L generated by trades, calculate daily margins and open positions;
Support manager in building the supply & demand to develop opportunities for both local and export markets to maximize origination potential and margins.
University/Master Degree, final year at university or Master;
University profile: Economics, Agri- Business;
Fluency in English;
Strong Knowledge of Microsoft Office;
Strong interpersonal skills, team player;
Good organizational skills and commitment to fast follow through;
Strong analytical skills;
Managing ambiguity (adaptable, get on each opportunity, conceptual strength);
Risk appetite (composed, resilient, risk analysis, right sizing);
Drive to win (self-starter, ambitious, relentless determination);
Commercial mindset (macro-economic, political trends, long-term planning);
Making decision and execution (confident, integrity, courageous, hold self and others accountable).