Description
Summary:
This entry-level Trading Back Office position focuses on daily reconciliation of physical commodity trades and broker confirmations within a centralized operating model.
Highlights:
1. Opportunity to explore commodity market intricacies
2. Engage with new digital tools and technologies
3. Develop analytical and communication skills in a fast-paced environment
Leça do Balio, Matosinhos, Porto, PT
COFCO International is a global agri\-business with a clear vision, strong values and a positive culture, focused on being a leader in the global grains, oilseeds and sugar supply chains. We provide the food the world needs in a responsible way. Headquartered in Geneva, Switzerland, we are ambitious, with the right structures and culture to meet the world's increasing and changing needs. With 12,000\+ people in 35 countries, our global portfolio includes assets across the Americas, Europe, Africa, Middle East, and Asia\-Pacific. We trade with over 50 nations, while providing farmers unique direct access to the growing Chinese market.
**Job Purpose:**
In our Centre of Excellence, the Trading Back Office team helps ensure the smooth and accurate processing of transactions by working within a centralized operating model, applying strong controls, and performing reconciliations to identify and resolve discrepancies promptly. This position focuses on the physical commodities and their daily review i.e. the daily reconciliation between trade data captured in Trading Systems and broker/counterparty confirmations. The position offers the opportunity for the candidate to explore the intricacies of the commodity market and gain insights into its unique characteristics.
**Responsibilities:**
**Trade Confirmation:**
Daily reconciliations of broker/counterparty documents and trading system transactions (commodities trades)
Daily reporting of breaks to the Business
Daily interaction with trading peers to resolve issues
Daily review of issues requiring an escalation
**Measure and report adherence to internal policies:**
Produce weekly reports of pending issues
Report and escalate non adherence to internal policies
**Key Result Areas:**
Compliance with CIL processes and procedures.
Timely delivery of daily reports
All trades timely and accurately controlled
Breaks identified and resolved on time
**Education \& Qualifications:**
High School/graduate
Fluent in English (spoken and written)
**Experience:**
Entry Level Position
**Skills:**
Tech\-savvy and eager to embrace new digital tools and technologies to enhance operational efficiency
Highly developed analytical skills and intellectual curiosity
Very good communication skills
Excellent time management
Control focused
Proactive and willing to find root cause if discrepancies arise
Comfortable working with multiple stakeholders in a fast\-paced environment
COFCO International is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, age, national origin, disability status, protected veteran status or any other characteristic protected by law.
Please refer to our Candidate Privacy Notice to know how COFCO collects and processes your personal data during your job application.