My client is a Singapore-based international palm oil trading company which aims to be a dominant domestic player in countries it trades with. My client is currently searching for a candidate to fill the position of Senior Merchant based in Singapore as part of expansion.
The Senior Merchant reports to the Group Trading Head for all commercial and administrative matters, and to the CEO for special projects.
a. Update and verify the company's risk positions daily, all products, all geographies.
b. Test the validity of the MTM PNL of these risk positions.
c. Identify unwanted risks and make recommendations as to how to reduce or eliminate.
d. Identify potentially profitable trading opportunities. Make recommendations re: how to execute.
e. Enhance and make use of company's S&Ds to make predictions re: price direction.
f. Analyze voyage vs. time charter vs. freight owning opportunities. Make recommendations.
g. Calculate subsidy regimes (US RIN, Indonesian levies, etc.) and explain effect of such on products traded. Propose projects to capture long term trends if any.
h. Assist in developing the company's trading software, with special focus on data harvesting.
i. Use data to predict price movement and even client trading behavior.
j. Analyze the cost advantages and disadvantages of competition.
k. Assist CEO in special projects and businesses. High priority are projects in USA.
l. When it is safe to travel again, be willing to travel in areas of special projects for weeks at a time