Head of International Procurement & Trading

Job Description

Title: Head of International Procurement & Trading

Company Name: Abdul Monem Limited

Vacancy: 01

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ Master of Business Administration (MBA)
∎ Skills Required: International Procurement, Local and Foreign Purchase, Stock Market

Experience Requirements:
∎ At least 15 year(s)
∎ The applicants should have experience in the following area(s): Commodity, Sugar
∎ The applicants should have experience in the following business area(s): Agro based firms (incl. Agro Processing/Seed/GM)

Job Responsibilities:
∎ Maintain price trend and best possible strategy to mitigate price risk with help of derivatives tools for importing raw sugar and commodity products.
∎ To Develop trading and risk mitigating strategies out of emerging scenario.
∎ Ensure Inter-market arbitrage, commodity spread and calendar spread strategies
∎ Procurement and warehousing of agriculture commodities from physical market
∎ Structuring, trading and hedging in exchange as well as OTC traded Options contracts
∎ Maintain end to end supply chain management of refinery sugar in domestic market and Tracking supply-demand of different commodities.
∎ Keep watching on various factors affecting price (fundamental and technical analysis)
∎ Analyzing daily price movements and assessing trends
∎ Interfacing extensively with government / private agencies, associations and organizations
∎ Identifying new commodity suitable for trading in futures market
∎ Primary and secondary research related with the commodity thus identified
∎ Designing contract specification and getting it approved from regulator
∎ Conceptualized and initiated edible oil futures project and achieve a level of high traded volume of sugar commodity segment.
∎ Consulting to suppliers when they take position in sugar commodities.
∎ Monitoring margin, exposure and limit of clients (including clients deal through branches)
∎ Prepared trade reports (Fundamental and Technical) of Sugar-commodities
∎ Analyzing Government policies, decisions and its possible effects
∎ Track domestic and international markets including Futures market and forecasting of commodities and sugar market.
∎ Any other assignments given by the authority.

Additional Requirements:
∎ Age 40 to 50 years
∎ Both males and females are allowed to apply

Salary: Negotiable

Compensation & Other Benefits:
∎ T/A, Mobile bill, Tour allowance, Performance bonus
∎ Festival Bonus: 2

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 11 May 2023

Company Information:
∎ 25 Apr 2023
∎ Abdul Monem Limited
∎ Address : Monem Business District, 111 Bir Uttam C.R. Dutta Road (Sonargaon Road), Dhaka-1205
∎ Web : www.amlbd.com
∎ Business : Ice Cream(Igloo), Food & Dairy, Pharmaceutical, Beverage, FMCG, Construction, Power sector, IT, Bran Oil and Trading,AMEZ

Category: Commercial/Supply Chain

: Please mail your CV with a cover letter and write "position" as the subject of your mail