Position Purpose

This position has been created to support risk management business and talent pipeline in China.

Principal Accountabilities

(1) SND Management ----25%
• Gather, analyze and input key information concerning the different agricultural products into the local Chinese S&D (supply and demand balance sheet); 
• Manage and keep the local S&D up to date. Discuss locally and with the different trading desks in Geneva; 
• Make weekly S&D changes report; 
• Connect with the different merchants on feed demand, and analyze and report the impacts in the market. 

(2) Price Collection Nationwide----15% 
• Monitor the different agricualtural products’ prices in key locations, including Northeast origination areas, Dalian, Shangdong, YRB, Fujian and Guangdong; 
• Maintain & analyze daily cash prices and correlate them with DCE futures prices and world prices; 
• Report price changes in the various regions, more specifically on how price changes affect import and export economics. 

(3) Positions and Trading ----35%
Assist the Trading Manager on covering different areas of risk management for the GOSC GCK including but not limited to: 
• Hedging cash purchases; 
• Trading futures in DCE and CBOT; 
• Arbitrating between cash and futures, including delivery on the exchange; 
• Report Open Interest/Trade Volume/carry structures and explore trading opportunities; 
• Keep trading position spread sheet updated (Long & Short); 
• Give the necessary guidance and learn from the different locations (offices or plants); 
• Keep WTU and Minneapolis fully informed on major developments in the DCE, cash markets and general environment in China; 
• Write daily recaps on the different commodities traded; 
• Write weekly recaps for the Chinese Risk Meeting on the different commodities traded. 

(4) Import/Export business ----25%
• Daily communication with WTU and customers regarding market developments; 
• Conduct agency business for WTU for the different agricultural products; 
• Work together with trade execution/accounting/treasury/TSF functions to manage market and customer risk. Keep WTU on the loop. 

Essential Position Requirements

1.Education, Experience, Skills----Required 

Education

• Bachelor and above

Experience 
• Up to 2 years working experience in MNCs 

Skills 
• University undergraduates who have the passion to learn & grow with the organization through on job practice; 
• Strong analytical skills and commercial sense; 
• Proven numerical agility; 
• Good communication and interpersonal relationship skills; 
• Willing to step forward with new ideas and challenge status quo; 
• Acting with conviction and integrity; 
• Result oriented and accountable 
• Fluent in both Mandarin and English, written and verbal.

2.Education, Experience, Skills---Prefered
Skills  
• Knowledge about futures and cash trading; 
• Knowledge about tanker and dry bulk freight markets; 
• Knowledge about agricultural markets. 

Core competencies: 
(1) Problem Solving 
This is position was created to train young talents to handle ever-increasing sales volume in a new, rapidly growing BU. We need high energy levels and effective communication. Management assistance and coaching are readily available as needed. 

(2) Decision Makeing 
This person is responsible for developing specific businesses and negotiating contract terms. The Trading Manager will follow the business closely. Strong coordination with colleagues is necessary for logistics and market analysis. 

Independent Decision Making 
Negotiate with customers on contract terms and conditions, communicate and discuss the gameplan with WTU and provide detailed customers information and flows information to WTU. 

Decision with guidance from Manager and Senior Merchant 
Customer credit risk management, sales strategy, customer segmentation and account management will also be part of the key responsibility. 

The degree of autonomy increases over time.