Obsidian Achernar helps eliminate boundaries by tailoring currency services for both importers and exporters including hedging. Obsidian Achernar has expertise in brokerage and market making for Government Bonds across Africa.
About the Role
- The candidate is to focus on investing in sort after agricultural products such as cashew, pear, cannabis and others.
- He/She would be involved in a day-to-day buying and selling of these products on behalf of his clients often driven by expected economic trends or arbitrage opportunities in the commodities markets.
- In addition, he/she would monitor market trends and factors that affect supply, including weather conditions and foreign exchange rates since the contracts you execute influence their employer\’s inventory and profitability.
Job Description
- Agreeing on buying or selling prices at optimal levels for clients.
- Make bids or offers to buy or sell commodities.
- Aggregate the purchase and sale of commodities between a buyer and a seller.
- Secure a list of well-equipped buyers and sellers both local and international for the smooth brokering of commodities.
- Develop or maintain supplier or customer relationships.
- Devise trading, option, or hedge strategies.
- Identify opportunities or develop channels for purchase or sale of securities or commodities.
- Provide adequate pricing structure indicating profit margins of trades to be executed.
- Responsible for researching on a commodity with regards to price volatility, trade policies, environmental factors, government measures, agribusiness, political developments or supply and demand changes.
- Inform other traders, managers, or customers of market conditions, including volume, price, competition, or dynamics.
- Process paperwork for special orders, including margin or option purchases.
- Receive sales order tickets and inspect forms to determine accuracy of information.
- Review transactions to ensure conformance to regulations.
- Write or sign sales order confirmation forms to record or approve security transactions.
- Make transportation arrangements for sold or purchased commodities.
- Reconcile account-related statements, such as quarterly or annual statements or confirmations.
Knowledge, Skills and Abilities Required
- Demonstrated ability in securing major deals from individuals, corporations, foundations and other sources.
- Good with numbers
- Ability to work under pressure
- Ability to conduct research, gather data, analyze information and prepare effective, accurate and timely reports and other documents to support development objectives.
- Database management skills.
- Ability to organize, prioritize and schedule work assignments.
- Ability to be adept in negotiating business deals and making sound decisions that benefit the company
- Ability to communicate and work effectively within a diverse community.
- Meeting monthly assigned target by Management.
Requirements
Educational Background
- Minimum First Degree in Agribusiness, Marketing, Statistics, Finance, Mathematics, Accounting or Economics
- An MBA or MSC in the fields above would be an added advantage
- Work Experience: 2 years Minimum in working with an excellent Commodities Trading Institution as a Commodities Trader/Broker.
How To Apply For The Job | Commodities Broker at Obsidian Achernar
To submit your application, click on the link below and complete all relevant fields on the online application form.
Closing Date: 15th November, 2022