Trader

Job description / Role

This position is responsible for forecasting sales and executing trades in commodities and foreign exchange. The successful candidate will be required to find markets, predict trends in the market i.e. quality and price of the product as well as carry out successful transactions in the local and international market.

Overall Remuneration:
The salary for this position is competitive based on the successful candidate’s qualifications and experience. The position offers a monthly salary of USD, 3500. Transportation and bachelor’s accommodation is provided separately. Additionally, the successful incumbent will be provided with a local allowance equivalent to USD 300 for per month for food and other expenses.
The candidate will also be provided with an air ticket to their home country after two years of service, after which the incumbent will be provided with an air ticket annually. This position is bonus eligible, and bonus will be granted annually and calculated based on individual performance against individual goals as well as against overall performance of the organization.

*The successful candidate will be trained in Logistics and International Trade*

Job Duties:
• Forecasting sales and trading
• Finding markets and predicting trends in the market by analyzing the local and international markets i.e. the price and quality of the products
• Mitigating the risks as well as foreseeing the future when conducting and determining sales
• Predicting the best time to buy and sell the products
• Conducting research on the clientele and the sellers to determine their credibility as well as their presence in the market
• Effective marketing of the products in international markets
• Mediating transactions between clients and the traders and brokers for successful sales
• Determining market sentiment via research, valuation and data analysis
• Providing key parties with daily trading information
• Informing sales staff about market movements and prices, and executing trades
• Based on the feasibility, informing the procurement team to purchase materials as per request, and exporting them to international markets
• Overseeing coordination of the contracts and proper documentation
• Other duties as required

Number required: 1
Duration: 2 year Contract
Desired start date: ASAP
Probation: 3 months
Gross monthly base salary: USD 3500, plus local expenses $ 300 per month
Commission / Bonus: Annual
Other Benefits: Housing, Transportation

Requirements

Qualifications:
• A university degree, preferably in Mathematics, Finance, Economics or any numerate subjects
• Must possess excellent analytical skills
• Must possess at least 5 years’ experience in any kind of trading/currency trading
• Experience in the banking industry is preferred
• The candidate must possess excellent communication and presentation skills
• International Trade Experience in considered an asset

Knowledge, Skills and Abilities:
• Skills Required: Confidence, sales, numerical skills, IT skills, communication skills, analytical skills, interpersonal skills and team working skills
• Excellent interpersonal skills
• Ability to perform technical analysis
• Knowledge of trading practices
• Excellent analytical skills
• Ability to adapt to unexpected situations and exhibit flexibility

*As part of the interview process, the candidates will be required to deliver a 10 minute presentation on a topic, that will be provided to them upon getting shortlisted*

About the Company

Afrisian Ginning Ltd (AGL) started business as a cotton ginner in 1997. Since its start AGL has seeked at opportunities to increase its trading activities, both within the cotton sector and beyond. Today AGL has expanded its operations and product range to include oil seed crushing, rice milling, cleaning and export of peanuts, sesame seeds, maize and pulses such as green mung, yellow gram and pigeon peas.

AGL’s HQ are located in the port city of Dar es salaam, the commercial capital of Tanzania. With an extensive purchase network, dedicated staff, infrastructure, experience and understanding of products; AGL is able to provide a reliable market for the Tanzanian farmer. Enhanced by the support of reliable service providers and in-house logistics capacity, AGL can accommodate customer needs throughout the world.