Vegetable Oil Trader
Archer-Daniels-Midland
- Suisse
- CDI
- Temps-plein
- Trading vegetable oils in bulk for ADM from Origins and into destinations, follow and trade cash markets, and paper market at origins, negotiating and obtaining the best value for ADM`s vegetable oils into these markets.
- Focus on the India Sub-Continent flows (India and surrounding countries);
- Maintain and improve our customer relationships in India and the region, explore potential partner opportunities / strategic opportunities;
- Vessel freight fixing for crude vegetable oils;
- Involve in Supply and Demand discussions, trade flows forecasts and estimate demand coverage, supporting in providing analysis of market data;
- Utilizing experience in commodity markets, positioning, hedging/selling recommendations to customers.
- Risk management, monitoring the risk positions of GT cash , futures, freight, etc. Developing and updating commercial controls of beans trading and contracts as well as helping to prepare and maintain position controls (Long/short), PnL forecasts and traded statistics;
- Managing credit, legal issues and processing aspects of ADM's vegetable oil business.
- Communicating market developments and coordination to/with ADM teams both at local level and globally through analysis, support preparation of market reports;
- University degree in economics, business administration, agronomy or similar;
- 6+ years commercial experience, preferably including trading and logistics in ag. commodities, preferential vegetable oil trading.
- Excellent understanding of pricing mechanisms as well as the relationship between worldwide supply and demand, and the pricing of agricultural commodities, specifically vegetable oils.
- Understanding of positions and risk management, high degree of numeracy,
- Analytical, creative, objective team player, ability to collaborate in multi-cultural and cross-functional setting.
- Fluent in English, Hindi would be a plus;