to oversee our global procurement and risk management activities in grains (wheat & corn) and edible oils (CPO, COL & ROL). The role combines commodity trading, futures hedging, and physical execution with responsibility for securing competitive procurement and ensuring smooth delivery to our refining, packaging, and distribution operations across Africa and the Middle East.
Trade Expectations
Corn:
80,000 MT per annum (8 shipments)
Wheat:
80,000 MT per annum (8 shipments)
CPO/COL:
95,000 MT per annum (8-12 shipments)
ROL:
60,000 MT per annum (5-10 shipments) - On process - To be expected as part of annual task
Key Responsibilities
Grains (Wheat & Corn)
Trade and hedge
CME wheat & corn futures
for both price protection and physical delivery.
Source physical cargoes
FOB/CIF
from exporters and CME delivery points.
Negotiate and manage
GAFTA contracts
(quality, shipment period, tolerance, disputes).
Oversee logistics including vessel chartering, LC coordination, and discharge operations.
Oils (CPO, COL & ROL)
Trade and hedge
Bursa Malaysia CPO, COL & ROL futures
.
Procure crude and refined oils for refining and packaging operations.
Negotiate
PORAM/FOSFA contracts
and manage delivery schedules.
Handle price risk management, spreads, and rolling futures positions.
Cross-Function
Align LC
opening dates and procurement commitments.
Book freight with vessel brokers
for grains and oils, negotiating charterparty terms, demurrage, dispatch, and fixture details.
Delegate documentation and execution tasks
(BL, customs, LC paperwork, inspection certificates) to the operations clerk, while maintaining oversight and ensuring compliance.
Manage insurance claims, quality/quantity disputes, and inspections
(SGS, BVC, GAFTA).
Track inventory & reordering points
(align procurement with factory demand)
Key Performance Indicators (KPIs)
Procurement & Cost Efficiency
Average Procurement Cost vs Market Suppliers.
Competitive vessel booking.
Accuracy of Market Forecasts (internal reports vs actual price movements).
Management Decisions Supported (# of strategic procurement decisions enabled by analysis).
LC & Finance Management
LC coordination with Buyer, Payer & Supplier.
Documentation compliance rate (shipments executed with zero LC/document issues).
Candidate Profile
At minimum 7-12 years of commodity trading experience
A bachelor's degree in business, Economics, or Finance ideally someone with MBA or postgraduate certification, plus with
GAFTA, FOSFA, PORAM
contracts and arbitration frameworks.
Proven record in
futures hedging (Bursa Malaysia, CME)
and physical procurement.
Deep knowledge of
GAFTA, FOSFA, PORAM contracts
and arbitration frameworks.
Strong network with exporters, shippers, brokers, and inspection agencies.
Skilled negotiator with ability to handle
demurrage claims, disputes, and LC-linked procurement
.
Analytical mindset with risk management and market analysis capability.
What We Offer
Opportunity to build and lead a commercial trading desk in a fast-growing group.
Exposure to international markets across
Africa, the Middle East, and Asia
.
Competitive package with performance-linked incentives.
Job Type: Full-time
Pay: AED22,000.00 - AED29,500.00 per month
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