Junior Trading Assistant

☞ Glencore

View: 243

Update day: 26-03-2024

Location: Baar Zug ZG

Category: Finance / Bank / Stock Sales

Industry: Mechanical or Industrial Engineering Staffing Recruiting Human Resources

Position: Associate

Job type: Full-time

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Job content

  • Glencore Headquarters
  • Baar, Zug, Switzerland
  • FerroAlloys Department
To support our FerroAlloys team, we are looking for a Junior Trading Assistant. In this role you will be given the opportunity to make your mark, with the aim of becoming a trader. You should be a resilient and committed person who enjoys travelling a lot and is not afraid of high pressured and fast-paced working environments.

Main tasks and responsibilities:

  • Marketing: Shadowing marketing team members during customer visits, visiting production and logistics facilities
  • Analysis: Assisting marketing team with market research and analysis
  • Logistics: Vessel chartering or container shipments in co-operation with our chartering team, organizing rail, truck and air transport or releasing of material in warehouse
  • Bank contacts – Letters of Credit (L/Cs): Opening of and checking of L/C’s for our suppliers and receivers, requesting amendments and negotiating documents for collection of payment
  • Hedging: Calculation of metal quantities and foreign currency amounts to be priced
  • Contact with clients / field offices: Correspondence on availability of material in production, transit and in stock; documentation, invoicing, payments, client exposure control and claim handling
  • Contact to supervision companies and laboratories
  • Insurance: Insuring risks of each transport as well as material in storage
  • Internal tasks: Email exchange and direct contact with traders for the execution of the contracts. Issuing profit and loss calculations, controlling of client exposures and internal position reporting. Dealing with accounting in regards to bookings, account reconciliation, monthly closing tasks and file liquidation

Qualifications:

  • A sound educational background (Bachelor or Master Degree)
  • Working experience through an internship, ideally in commodities/logistics would be an advantage
  • Excellent English skills (spoken and written), further languages are of advantage
  • Commercial experience within freight trading/chartering would be an asset
  • Familiarity of global trading routes
  • Understanding of hedging practices and management of trading position
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Deadline: 10-05-2024

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