Company Overview

Reliance Retail, India's largest retailer, is a pioneer in omni-channel retail, offering superior quality products and unmatched customer experiences across a vast network of 15,000+ stores nationwide. With expertise in diverse sectors and a strong digital presence, Reliance Retail delivers outstanding value and innovation to millions of customers and partners.

Job Overview

The Senior Trader – Basmati Rice role at Reliance Retail is a full-time, senior-level position based in Navi Mumbai. This role requires 10-15 years of relevant work experience and focuses on overseeing all trading operations related to Basmati Rice, ensuring profitable and effective market performance in line with company objectives.

Qualifications and Skills

• Basmati Rice Trading expertise (Mandatory skill) with a deep understanding of local and international grain markets and commodity regulations.
• Extensive hands-on experience in overall commodity trading, including negotiations, sourcing, and market risk management specific to agricultural products.
• Proven track record of managing end to end ownership in rice trading cycles, from procurement to final sales execution.
• Strong capabilities in designing and executing market strategy for rice trading, driving growth and market share expansion.
• P&L ownership for the rice commodity, with the ability to analyze financial performance and implement margin-improvement initiatives.
• Exceptional vendor coordination skills for partnering with growers, suppliers, logistics providers, and internal cross-functional teams.
• Solid understanding of quality assurance, compliance regulations, and trade documentation required for domestic and export rice trade.
• Excellent negotiation, communication, and stakeholder management skills, ensuring alignment with business objectives and partner expectations.

Roles and Responsibilities

• Lead the trading operations for Basmati Rice, overseeing procurement, sales, logistics, and pricing strategies to maximize profitability.
• Develop and execute comprehensive market entry and expansion strategies for rice commodity trading, both domestic and export.
• Own end-to-end business processes for Basmati Rice, ensuring highest standards in quality, delivery timelines, and customer satisfaction.
• Coordinate with vendors, suppliers, and logistics agents for seamless and compliant trade execution aligned with company goals.
• Monitor and analyze market trends, commodity prices, and demand-supply dynamics to inform strategy and trading decisions.
• Manage inventory levels, sales pipelines, and track performance against P&L targets to optimize trading efficiency and profitability.
• Ensure all transactions adhere to regulatory and company compliance requirements, preparing all necessary documentation for audit and reporting.
• Provide leadership, training, and mentorship to junior traders and team members, fostering a culture of continuous improvement and excellence.