1. FOB Business for Cocoa Beans and Products
a. With the support of the manager, develop market understanding and relationships with FOB suppliers for cocoa beans and products in West and East Africa.
b. With the support of the manager and the trading desk in Malaysia, advise on purchasing of cocoa beans and products, and eventually independently negotiate purchase contracts with suppliers.
c. With the support of the trading desk, advise on the hedging of outright contracts and the fixation of differential contracts.
d. Ensure smooth execution of contracts, including lot approval, provision of shipping instructions, quality and weight control, approval of export documentation and payment to the supplier.
e. Further strengthen relationships with the cocoa regulatory bodies in Ivory Coast (Conseil Café Cacao) and Ghana (Cocobod).
f. Provide weekly updates on the execution of purchase contracts, identify market and logistical risks and resolve issues immediately.
g. Travel within Ivory Coast and within the region required to build relationship with suppliers and understand situation on the ground.
h. Identify suppliers that offer the potential for a partnership, including among others sustainability activities and logistics solutions.
i. Provide monthly reporting on quality and weight loss performance of FOB purchases on arrival.
2. Local Bean Exports in Ivory Coast
a. Produce a feasibility study on local bean export license in Ivory Coast including among other things: potential suppliers, cocoa bean cleaning operators, financing facilities, forwarding operators, HR requirements, costing based on minimum volume, deadlines by the regulator.
b. Move from the feasibility study to application for an export license if market conditions are favourable and management decides to go ahead.
c. Hiring of necessary staff required to run bean export operations.
d. Establish supplier network of local middlemen (traitants) and later integrate cooperatives to supply project cocoa
3. Processing Factory in Ivory Coast
a. Support the country manager in necessary administrative and official tasks to obtain land, licenses and knowledge required to build a cocoa processing factory in Abidjan.
b. In particular provide input on the operational side of the cocoa beans supply for the plant.
4. Market Info
a. Discus with local and international market participants to get insights into local and international market developments.
b. Share market insight and updates with the trading desk in Malaysia.
c. Develop your own view on the physical and paper markets.
d. Provide weekly and monthly updates on arrival figures, export statistics, weather and other available information.
a. Support the sustainability manager in the integration between sustainability projects and commercial suppliers, ranging from international traders, local exporters to local cooperatives.
b. Support the sustainability manager on the management of credit balance.
a. Assist the country manager and the trading team in Malaysia on any other tasks and projects requirement. This might include pricing and margin management on the sales side and providing market updates to our sales teams in Asia, Europe and US.
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