Job Description

IntroductionVKB Agriculture (Pty) Ltd is a dynamic agricultural company in the Northeast Free State with interests in Limpopo. This organization, which strives towards healthy and modern business practices offers employees the opportunity to utilize and develop their knowledge and skills in a competitive work environment. We offer you the opportunity to establish yourself within a professional, corporate environment in the countryside.Responsible for the merchandising of physical grains and oilseeds and trading related derivative instruments, through acquiring, sales, logistics, derivative trading and hedging, market analysis, customer relationships, risk management and position management. Furthermore, ensures profitability of the department through all actions and enduring growth in market share.Requirements

• Advanced Diploma / BTech Degree / Bachelor's Degree
• Experience in a similar role:

1-2 years * Experience in the agricultural industry:3 year * Commodity hedging experience

• Forex trading experience

• Registered Persons Examination to trade Agricultural derivatives on the JSE or to be completed within probation period.
• Code 8 Drivers license
• Clean Criminal record

Duties and Responsibilities

• Monitor the market conditions analysing but not limited to a multitude of factors that may affect price movement, including weather conditions, currency, financial markets, international markets, trade policies, political developments or changes to supply and demand conditions to serve as a subject matter expert to clients, and make educated trades.
• Interpreting of market reports.
• Inform other traders, managers, or customers of market conditions, including volume, price, competition, or dynamics.
• Buy and sell grains and oilseeds.
• Make bids or offers to buy or sell and agree on buying or selling prices at optimal levels for clients while optimizing for profitability.
• Devise trading strategies.
• Identify opportunities or develop channels for purchase or sale of commodities.
• Negotiating price, specification, payment and delivery details.
• Manage Position and grain book execution
• Spread book to optimally minimise the cost of carry.
• Ensure position reports are correct and in place.
• Continuously monitor the difference between SAFEX calendar months.
• Buy and sell spreads to ensure optimal profitability of grain books.
• Balance the physical position with the derivative position.
• Manage Contract Execution and logistics
• Ensure that contract execution and administration is done according to procedure and contract terms.

• Trading of Derivatives
• Buy and sell, futures, spreads, splits and options
• Execute trade instructions as supplied by clients.
• Ensure compliance with all the relevant legislation.
• Execute departmental strategic plans
• Identify new business opportunities

• Ensure competitive products and services.

Skills

• Negotiation
• People skills
• Presentation
• Computer Literate
• Planning
• Communication
• Organisational skills
• Good administration skills
• Quick Learner
• Ability to multi-task and perform under pressure
• Maintaining Long term relationships

Other Information

• The company can expire jobs at any time at their own discretion.
• VKB Group and/or its subsidiary companies will use any personal data collected through the job opportunities section of this website for recruitment purposes only and, should your application be successful, for purposes connected with your employment.
• VKB Group is an equal opportunity employer. VKB Group's approved Employment Equity Plan and Targets will be considered as part of the recruitment process aligned to VKB Group's Employment Equity & Transformation Strategy. VKB Group actively supports the recruitment of People with Disabilities
• Things to take note of when applying through our Career Portal.
• Use Google Chrome when accessing the portal
• Clear copy of your CV in either PDF or Word
• The CV should not have handwriting on the document
• NB! Only Submit your CV on the Upload CV section of the application form and not a PDF that includes other documents such as ID, Driver's License and other documents. The application form will make provision for the candidate to upload supporting documents.
• When uploading profile picture, make sure the minimum size uploaded is 300 x 300px

VKB Group