Head of US Cotton

COFCO Americas Resources Corp. seeks a full-time Head of U.S. Cotton in Addison, Texas to manage and direct implementation of profitable U.S. Cotton trading strategies and assume ownership of the US cotton trading PnL; supervise and direct US trade operations and warehousing; supervise and oversee global research team; develop and execute U.S. cotton trading strategies to generate PnL for the U.S. trading book; guide and supervise cash traders at origin on optimal trade strategy execution; manage the expansion of the US trading, including operations and global research teams; meet with cotton gins and growers to facilitate forward purchase contracts; oversee U.S. execution team to ensure streamlined trade execution and efficient documentation processes; supervise trade execution staff; monitor all aspects of trade operational flow including Letters of Credit, shipments, quality claims, logistical issues and contract generation; optimize U.S. cotton asset usage to support overall trading strategy, with a focus on storage assets/warehousing (ICD); collaborate with destination traders to construct U.S. cotton supply plans for strategic customers at destination; supervise and oversee global research team, including generating balance sheets, price forecasting models, analyzing global trade data and trade/cash matrix construction; utilize CIL’s physical U.S. cotton trade to support and tailor ICE Cotton speculative strategies; and orchestrate cross-origin trading strategies to support the PnL of other cotton origins and grow CIL’s global market share.

The position requires a Bachelor’s degree in Business or a related field and 5 years of experience as a Cotton Trader or in a related occupation to include 5 years of experience with cotton trading, including destination markets in Asia and US origination; operational experience, including financial trade execution and logistics; risk management of trading positions, including ICE Futures, FX hedging and cross-exchange exposure; and cotton commodity research experience, including balance sheet generation, creation of market consumption models, creation of economic models to forecast futures/spreads price fluctuations, generation of cash and trade matrices.  The position requires 60-70% of international and domestic travel.  Standard company benefits. In-office work location is Addison, TX. A partial telecommuting benefit may be available depending on company needs. Apply online at www.cofcointernational.com.