Grains Brokerage Administrator Job Description

October 3, 20111 Comment

Grains Brokerage Administrator Job Profile and Description

Grains Brokerage Administrators are basically the middlemen who work as a broker. They are essentially worked with the spot price merchants and commodity marketers who are responsible in the future trading markets. They can also do the broker government grains to feed the population in cases when local population cannot satisfy national feeding needs. They also provide the brokering services to various grains growers in the country to ensure they get the best prices for their produce.   They are essentially middlemen who work with commodity marketers who sell any number of commodities like coffee, wheat, oil, gold, etc. in the futures trading markets.

Grains Brokerage Administrator Duties and Responsibilities

There are a lot of duties and responsibilities of a grains brokerage administrator and here are some of these which are as follows:

  • A grains brokerage administrator has to maintain the database and also have to update database of grain growers for wheat, rice, barley, etc.
  • He or she will have to work with the many people as he or she will have to work as middlemen so it is necessary to maintain good relations with them.
  • He or she will have to work with the government food authorities, commodities trading and brokerage firms around the world and wheat growers in the country so should have to maintain the coordination.
  • It is the moral duty to ensure and decide the correct and fair prices which will be offered to growers based on prevailing spot market prices properly
  • It is also the duty to oversee and review the  team of accountants for each commodity
  • He or she will also has to ensure about the responsibilities that if they perform their duties and responsibilities in accordance with corporate policies and procedures with the standard measures.
  • He or she will have to prepare the reports and records time to time as it will be needed.
  • He or she will also has to provide regular reports to higher management and also update them when needed regarding market price trends, potential markets, new growers and political hot spots around the world

Grains Brokerage Administrator Skills and Specifications

The person desiring for the job of a grains brokerage administrator should possess the following attributes:

  • The candidate should have the excellent skills of  negotiation, as well as interpersonal and diplomatic skills
  • The candidate should have the ability to communicate with everybody as he or she will have to deal directly with farmers and growers along with traders and fellow brokers
  • The candidate should have the ability and should also have excellent and extraordinary perception of integrity among wheat growers and commodities traders

Grains Brokerage Administrator Education and Qualifications

  • The candidate desiring for the job must have at least a BS degree in economics, commerce and marketing or any other related domain.
  • The candidate having the degree of master’s in economics or management is preferred for the job.
  • Having some past working 2-3 years of experience in commodities trading is an advantage because companies prefer the experienced candidates.

Grains Brokerage Administrator Salary

  • The average annual salary of Grains Brokerage Administrators actually depends up on the number of brokers
  • He or she also gets the commission depends up on the brokers under his supervision for which he gets an overriding commission on the volume of grain transactions and the spot prices.
  •  The prices determine the commissions from the movement of grains which will also vary depend up on the trading firms transacted.
  • The earnings basically and typically can be anywhere from $50,500 to a high of $300,000
  • It also can easily got through the roof during bumper grain harvests or high spot grains prices in the world markets so there are the possibilities of increment.

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  1. charles venter says:

    Administration manager

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