Trading Manager

Position: Manager -Trading

Organization: Modi Naturals Ltd

Location: Delhi, Okhla Phase -1

Job Description:

Modi Naturals is looking for Manager-Trading (Mandatory Experience of trading in Cattle Feed Industry/ De-oiled Rice Bran (DORB)) for its Head Office in Delhi.

·Procurement of refined palm oil, soya oil and Mustard oil for B2C and B2B Pan India

·Involved in pricing, Vendor Negotiation, and assortment function at a national level

·Team management at National and Regional level for Edible oil.

·Planning & forecasting of buying of oil basis on market intelligence.

·Terms of trade/Agreement for regional & national level.

·Managing Domestic Business and processing of , Refining of veg oils.

·Managing trading of edible oil in domestic and international Market.

·Procurement of Crude palm oil, soya oil and canola for trading purpose.

·Responsible of PNL and Refinery utilization, Managing team and resources

Handled procurement, price negotiation and contract management of crude soya, crude palm, canola and RBD oil imports from Malaysia/Indonesia/Argentina

Managing Trading and procurement of Palm Fatty Acid oil(Oleo chemical) in domestic and international market around 8k-10k Per annum.

Candidate Profile/ Areas of Expertise:

The ideal candidate will be someone with around 10-15 years of experience in a similar profile, heading the trading of food products/ oil of a major industrial unit. The candidate would also have a MBA degree from a good institute.

·Tracking daily prices, market trends, arrivals & market information and basis market intelligence identifying trading opportunities in Agri commodity specially in Edible oil, Crude palm oil and Pfad..

·Monitoring company’s commodity exposure with a view to maximizing the risk adjusted returns.

·Managing the implementation of the risk management process while monitoring the process to ensure that it operates effectively in the best interests of the company's stakeholders.

·Preparing and presenting research / industry reports comprising of industrial trends, industry information while accordingly interpreting the result of research studies & providing business recommendations

·Compiling and analyzing daily market information to assist in decision making and position management processes.

·Hands on experience of Agro sourcing, Vendor development, Negotiation, Monitoring performances, Inbound material planning and Implementing Quality Improvement Initiatives

·Relating various global economic indicators, data and figures to the broad movement in energy, bullion and base metal complex

·Ensuring effective future long/short hedge based on physical positions, market dynamics and board crush margin.

Remuneration: As per experience and qualifications, comparable with the best in the industry.

About us:

Modi Naturals is an FMCG company that, through some breakthrough marketing, has created niche brands and products that are first movers within existing categories. Its brands Oleev, Oleev Active, Rizolo and Olivana are already challenging the category leaders in some markets and are poised to become key contributors to respective categories in the near future.

Modi Naturals Ltd was established by the DD Modi group in the year 1+74 as a food-processing company. Through the first three decades of its existence, the company went from 1 location agro-food processor to becoming the largest rice bran oil processor in India with multi-location manufacturing facilities, supplying its produce to some of the leading brands in India.

In 200+, the company entered the consumer business and embarked on a journey to create niche brands in large categories. With new generation management at the helm and world class manufacturing facilities, the company is ready to catapult into being a strong nation-wide player in India’s fast growing FMCG Sector

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