Trader (OTC) is responsible for timely buying and selling in the over-the-counter market. Reviews stock orders to ensure accuracy, proper record keeping, and conformance to regulations. Being a Trader (OTC) evaluates market volatility, carries out trades, and maintains accounts to ensure customer satisfaction. Develops relationships with dealers to obtain optimal trade execution. Additionally, Trader (OTC) requires a bachelor's degree. Typically reports to a manager. The Trader (OTC) work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Trader (OTC) typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
1) Focus areas are : a. Maximize sales to customers b. Develop new customers c. Develop new product lines to existing customers d.
Ship product effectively and ensure document delivery to avoid demurrage e. Learn product details, history and origins, compile sales reports f.
Problem solving 2) Assist in spending controls to maximize pretax profit. 3) Ensure accounts are held within dollar limits.
4) Monitor account status and do collection work as needed. 5) Be a leader. Set the pace for sales and hustle, punctuality, and attention to detail.
8) Send shipment updates to customers a minimum of once per month, ideally every two weeks for your larger customers. This should be done by your shipping assistant, but it is your responsibility to insure it is done.
9) Cover the shipment updates with your customers, especially when product is contracted over a long period of time and draw-down rates need to be considered.
Keep suppliers aware of contract draw-down rates and timing, especially if there will be delays. 10) Identify market conditions that provide opportunity for sales, and ensure other salespeople are aware of opportunities.
11) Train assistants and other staff members on various office duties, logistics, products, strategies, and trading. 12) Adhere to and always keep in mind the principles of our business.
13) Bilingual Spanish / English - written / spoken communication.
Last updated : 2024-03-04