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Senior Trader - Oils

Company

Bunge

Address Coral Gables, FL, United States
Employment type FULL_TIME
Salary
Category Food and Beverage Manufacturing
Expires 2023-08-23
Posted at 9 months ago
Job Description
At Bunge, people don’t just come here to work, they come here to grow – solving challenges that directly impact the world with a diverse team of thinkers and doers. Bunge offers a strong compensation and benefits package, generous paid time off program, flexible work arrangements, and opportunity to progress. Our hybrid work environment provides a balance of in office and remote work. Most importantly, in all we do we live our values:


  • Act as One Team by fostering inclusion, collaboration, and respect
  • Do What's Right by acting safely, ethically, and sustainably
  • Drive for Excellence by being agile, innovative and efficient


Position Summary


Reporting to the Oils Trading Manager, the Senior Trader Oils is responsible for the profitable growth of Bunge’s vegetable oils program to Latin America, nurture sustainable and collaborative relationship with customers and key stakeholders, develop a great team and support Operational Excellence to achieve the desired business results.


Essential Functions


Profitable Business Growth


  • Manage and actively optimize logistics (freight, contracts, settlements, etc. …) with attention to details using analytical and critical thinking.
  • Regularly visit customers and commercial offices.
  • Customer centricity: Puts the customer needs at the forefront of the decision process by understanding their needs and removing barriers to a great customer service.
  • Analyze fundamentals of cash and futures markets and leveraging Bunge’s programs, identify trading strategies, explain rationale and risk/reward scenarios, manage Bunge’s positions to maximize profit.
  • Precisely and timely report positions, profit and loss and all other administrative requirement.
  • Work with the sustainability team to increase Bunge’s approved palm supplier pool in Latin America and grow our origination presence with a strong focus on sustainability and traceability to plantation.
  • Profitably grow Bunge’s vegetable oil program.
  • Constantly identify new internal or external sources of growth, profitability and competitiveness (internally in company structure, processes and modus-operandi, externally in its’ markets, customer needs, new geographies/products, etc.)
  • Communicate to all internal stakeholders to ensure clarity of own position/opinion, ensure access to information of all employees and increase alignment of views across the organization.


Relationship Building and Management:


  • Maintain mutually beneficial and cooperative relationships with BG origination offices.
  • Develop a strong and profitable relationship with certain Bunge large key accounts and support Bunge’s Key Account Managers relationships with their customers.
  • Cultivates relationships with colleagues and stakeholders by fostering win-win situations and working to remove barriers to collaboration.
  • Establish trustful and value-adding relations with BG Value Chains and Global Research.


Leadership:


  • Inspire a sense of personal ownership and commitment to work by building a high performance work environment with focus on providing balanced feedback to the team based on achievements and areas for improvement.
  • Mentor and coach an Assistant Trader (more junior position).
  • Focus on Safety ensuring that this is always a priority for any team-member.
  • Create an effective learning environment vis-à-vis developing its team encouraging self-development.
  • Effectively direct and influence the activities or actions of others (peers and other team members in the organization).
  • Incorporates Bunge Core Values and serve as a role model within the organization for each one of them: Act as One Team, Drive for Excellence, Do What’s Right.


Skills/Experience Requirements:


  • Excellent customer management abilities and interest in understanding customers' business models and needs
  • Bachelor’s degree in Business Administration, Economics or closely related field.
  • Excellent organization and planning capabilities
  • Understanding of ocean freight market
  • Fluency in English and Spanish
  • Strong attention to detail, quality and integrity.
  • Strong verbal and written communication skills, ability to communicate trading strategies both internally and to customers
  • Demonstrated analytical aptitude
  • Understanding of sustainable practices and certification (ISCC, RSPO) requirements
  • Ability to lead across reporting lines/functions
  • 2 years of experience with direct commodity and freight trading experience in the Latin America region, with specific focus on edible oils and oilseeds.
  • 5 years of experience as a Trader, Associate Trader, or similar occupation in the agribusiness industry.
  • Understanding of commodity trading, MTM rules, commodity cash and futures settlements practices and industry terms and exchanges (CBOT)
  • Leadership skills, willingness to learn and grow as a people’s manager


Bunge (NYSE: BG) is a world leader in sourcing, processing and supplying oilseed and grain products and ingredients. Founded in 1818, Bunge’s expansive network feeds and fuels a growing world, creating sustainable products and opportunities for more than 70,000 farmers and the consumers they serve across the globe. The company is headquartered in St. Louis, Missouri and has 25,000 employees worldwide who stand behind more than 350 port terminals, oilseed processing plants, grain facilities, and food and ingredient production and packaging facilities around the world.


Bunge is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, transgender status, national origin, citizenship, age, disability or military or veteran status, or any other legally protected status. Bunge is an Equal Opportunity Employer. Minorities/Women/Veterans/Disabled