Commodity merchant Job Description
Commodity merchant Job Description Template
As a commodity merchant, you'll be responsible for buying and selling physical commodities such as metals, energy, or agricultural products. You'll need to analyze market trends, negotiate prices, and manage logistics to ensure timely delivery. Strong analytical, communication, and negotiation skills are a must.
Responsibilities:
- Analyze market trends to identify profitable commodities to trade
- Develop and maintain relationships with suppliers, buyers, and other stakeholders
- Negotiate contracts and prices with suppliers and buyers
- Monitor commodity prices and supply and demand trends to make informed trading decisions
- Manage the logistics of commodity trading, including transportation and storage
- Maintain accurate records of trades, profits, and losses
- Stay up-to-date with industry regulations and compliance requirements
- Research and identify new opportunities for commodity trading and market expansion.
Requirements:
- Bachelor's degree in business, finance, economics or related field
- Minimum of 3 years of experience in commodity trading or related industry
- Strong analytical skills and ability to interpret market data
- Excellent communication and negotiation skills
- Ability to work under pressure and meet tight deadlines
- Knowledge of commodity market regulations and compliance
- Experience with risk management and hedging strategies
- Ability to build and maintain strong relationships with suppliers and buyers