Cocoa Trader

Location: 

Chicago, IL, US, 60654

At Barry Callebaut, we are on a journey to transform the cocoa and chocolate industry. As the world’s leading manufacturer of high-quality chocolate and cocoa products, our actions truly shape the future of our industry. We are a business-to-business company, serving the entire food sector, from the cocoa bean to the finest chocolate product. We are a company with a purpose, we believe in doing well by doing good and reinvesting in the communities we operate. We have a long-standing commitment to sustainability and our goal is to shape a sustainable cocoa and chocolate future. We are headquartered in Zurich, and have more than 11,000 passionate Employees working in more than 35 countries worldwide. We are very proud of who we are and what we do. And of course, we are always looking for talented people to help us have a positive impact on our industry and beyond!

POSITION TITLE: Cocoa Trader

REPORTING TO: Sourcing Director

LOCATION: Chicago

ABOUT THE COMPANY:

 

The Zurich-based Barry Callebaut Group is the world’s leading manufacturer of high-quality chocolate and cocoa products – from the origination and processing cocoa beans to producing the finest chocolates, including chocolate fillings, decorations, and compounds. The Group runs more than 50 production facilities worldwide and employs a diverse and dedicated global workforce of over 10,000 people.

 

The Barry Callebaut Group serves the entire food industry, from industrial food manufacturers to artisanal and professional users of chocolate, such as chocolatiers, pastry chefs, bakers, hotels, restaurants, and caterers.

 

SCOPE AND RESPONSIBILITIES: 

Summary: 

Cocoa Derivatives and Products trader with industry relationships. Manage strategic sourcing & hedging activities for cocoa, beans, and products for North American Cocoa Sourcing organization.  

 

Essential Functions:

  • Coordinate cocoa butter and liquor purchase with suppliers in West Africa, Asia, and South America
  • Develop long term relationships with suppliers
  • Execute and manage to hedge on the cocoa exchange within authorized risk limits
  • Partner with sales, pricing, planning, and logistics to align on inter-departmental activities.
  • Manage the identification and implementation of RM strategies to support North American purchase and sales activity. 
  • Manage cocoa butter sales to large third-party customers.
  • Record activity in purchasing system and SAP related to trading and other department activity.
  • Work closely with Finance risk management on position management activities/actions taken.
  • Maintain bid sheet and communicate activity to Cocoa Sourcing team.
  • Support Cocoa/Cocoa Products sourcing and logistics functions as necessary.
  • Maintain a high level of current cocoa market information to support trading and sales activity.
  • Lead weekly future/physical/informational trading discussion activity. 
  • Create and manage to report as required.

 

JOB QUALIFICATIONS:

Education & Work Experience:

  • Bachelors degree required
  • Master degree preferred
  • Minimum 4 years commodity and derivative trading experience required, experience in cocoa preferred.

 

Additional Requirements:

  • Excellent strategic thinking and negotiating skills
  • Strong knowledge of Windows applications (Excel, Access) a must and knowledge in SAP preferred
  • Excellent interpersonal and communication skills

 

What you can expect from Barry Callebaut:

  • Competitive compensation package including salary, benefits, and vacation time
  • Collaborative atmosphere with like-minded individuals who are passionate about chocolate
  • The ability to grow your career within an organization that values development and internal career growth

If you want to learn more about Barry Callebaut, please find further information here.


Nearest Major Market: Chicago

Job Segment: Risk Management, Strategic Sourcing, Finance, Operations

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