HEAD OF GRAINS DESK WHEAT, MAIZE/CORN AND RICE
robust international pte. ltd.- Posted 3 months ago
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Job Description
Role Purpose
The Head of Grains Desk will establish, manage and profitably grow Robust International's physical trading business in wheat, maize/corn and rice.
Successful candidate must be a hands-on physical commodity trader with a proven profitable track record, established customer and supplier relationships and the ability to generate executable business within a reasonable period after joining.
Candidate will be expected to bring an established and genuinely portable commercial franchise-not merely general market knowledge-and independently originate, structure, execute and manage trades from inception through final collection.
P&L Ownership
The Grains Desk will operate as an independent profit centre with dedicated cost-centre coding and a standalone P&L.
The Head of Grains Desk will be accountable for:
. The consolidated profitability of the overall grains business
. Separate product-level performance for wheat, maize/corn and rice
. Realised trading margins
. Financing and working-capital costs
. Freight, logistics, insurance and hedging costs
. Claims, defaults, quality losses and credit losses
. Direct and allocated operating costs and
. Overall risk-adjusted net contribution to the Group.
Profitability must be measurable at both the consolidated desk level and the individual commodity level.
Key Responsibilities
Business Origination and Development
. Establish and grow Robust's physical trading business in wheat, maize/corn and rice.
. Use established and portable customer and supplier relationships to generate near-term business.
. Independently originate both purchase and sales opportunities.
. Develop sustainable trading flows across approved origin and destination markets.
. Maintain a credible transaction pipeline, including expected volumes, margins, counterparties, working-capital requirements and execution timelines.
. Develop repeat business with financially sound and commercially reputable counterparties.
. Identify new markets and trading routes that are consistent with Robust's risk appetite and overall strategy.
Trading and Execution
. Personally negotiate and conclude purchase and sales contracts.
. Manage the complete commercial lifecycle of each transaction, including pricing, contracting, financing, shipment, documentation, collection and claims resolution.
. Coordinate closely with Robust's treasury, trade finance, logistics, legal, insurance, quality, accounts and risk-management functions.
. Ensure that commodity specifications, shipment terms, payment terms and contractual protections are properly aligned.
. Monitor the performance of suppliers, customers, service providers and other counterparties.
. Maintain timely and accurate position, exposure, pipeline and profitability reporting.
Risk and Working-Capital Management
. Prioritise back-to-back, pre-sold or otherwise appropriately risk-controlled transactions.
. Operate strictly within approved commodity, country, counterparty, credit, tenor, inventory and open-position limits.
. Obtain necessary approvals before assuming any material price, inventory, foreign-exchange or counterparty exposure.
. Ensure that no unauthorised speculative positions are taken.
. Manage working capital efficiently and maintain clear visibility over the complete cash-conversion cycle.
. Actively manage receivables, collections, inventory exposure, contractual claims and potential losses.
. Ensure full compliance with Robust's KYC, sanctions, credit, legal and risk-management requirements.
Desk Development
. Initially operate as a hands-on producer and profit owner, using Robust's existing central support functions.
. Recommend additional trading or execution resources only where justified by established business volumes and profitability.
. Recruit or expand the team only after receiving management approval.
. Remain personally responsible for originating and managing business even after the desk expands.
Strict Trading-Only Mandate
This position is strictly focused on physical commodity trading.
The Head of Grains Desk will not have a mandate to:
. Establish or develop factories or processing facilities
. Propose or lead value-addition or manufacturing projects
. Initiate milling, storage or other infrastructure investments
. Develop CAPEX-led business plans or
. Treat potential capital projects as a substitute for generating profitable trading business.
Any future capital investment proposal would be subject to a completely separate evaluation and approval process and will not form part of the role's initial mandate or performance assessment.
Candidate Profile
. Preferably at least 10 years of relevant physical agricultural commodity trading experience.
. Substantial direct experience in wheat, maize/corn and/or rice.
. A demonstrable profitable trading book covering at least two of the three designated commodities.
. Credible market relationships and a clear route-to-market for the remaining commodity.
. Proven responsibility for an independently managed trading book, desk or business line.
. Established and genuinely portable relationships with reputable suppliers and customers.
. Proven ability to originate both sides of a transaction.
. Demonstrable experience generating realised margins and net contribution-not merely sales volume.
. Strong understanding of physical commodity specifications, Incoterms, freight, logistics, trade finance, documentation, insurance, hedging and claims.
. Strong knowledge of commodity price, counterparty, credit, foreign-exchange, inventory and execution risks.
. Ability to operate entrepreneurially while complying with formal credit, risk and governance controls.
. Strong commercial reputation and satisfactory market references.
. No contractual restrictions that would materially prevent the candidate from performing the role.
More Info
Key Skills
shipment documentation
physical commodity trading
freight logistics
