Manager, Position Management Trading & Sourcing

Location: 

Chicago, 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 12,000 passionate Employees working in more than 40 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!

About the role: 


Barry Callebaut is a global organization poised for growth; a company which has embraced the vision to delight its customers, while out-performing its competitors, a business which is committed to sustainability, has innovation in its DNA, is a leader in complex manufacturing and supply chain solutions and is focused on being a best-in-class employer. Barry Callebaut seeks diverse and passionate people who thrive in a dynamic environment, focused on continuous learning, living BC’s Values and of course loving chocolate.

The Manager, Cocoa Position Management provides critical support to the Cocoa Trading & Sourcing Desk by ensuring accurate position management, daily P&L validation, exposure monitoring, risk reporting, and seamless coordination between Trading, Sourcing, Logistics, Finance, Risk and other departments. This role safeguards the integrity of the daily risk and physical positions, strengthens internal controls, and enables fast, informed decision-making in a dynamic commodity environment.

Key responsibilities include: 

Position Management 
●    Monitoring and managing daily cocoa positions (flat price, differentials, arbitrage)
●    Run exposure reports intra-day, and hedging of position via physical purchases and futures 
●    Pricing of inter-company flows and creating purchase contracts and futures/FX transactions in the trading system
●    Reconcile trade details between traders, brokers, suppliers, and customers 
●    Validation of daily contract book, investigating discrepancies and escalate material issues to Cocoa Traders and Director, Trading & Sourcing, and/or Risk Management
●    Monitor physical and futures positions and ensure adherence to Group risk limits
●    Coordinate with Treasury on margin calls and cash requirements 
●    Weekly updates of bean and product buying plans
●    Maintain strong relationships and collaborate closely with Traders, Pricing, Risk Management and Treasury Team


Contract Management and Contract Execution

●    Monthly contract reconciliation inter-company and Third-Party suppliers with follow up in case of discrepancies 
●    Procurement planning and product coverage analysis for liquor, powder, cake and butter based on existing portfolio and budgeted requirements
●    Ensure local planners have contracts available to fulfill raw material requirements for plants
●    Collaborate with Logistics Analysts and Planning on shipment execution, contract washouts, amendments and pricing events
●    Own the claim management process for cocoa solids, i.e. cake. Support team and back-up for other cocoa product claims
●    Establish effective relationship and collaboration with Local and Global Planning Teams as well as Plants and Finance Business Partner


Other: 

●    Monitor and build understanding for cocoa market developments
●    Prepare reports about cocoa bean and cocoa product usage for better purchasing decisions
●    Maintain master data accuracy (counterparties, materials, pricing structures)


About you:

●    Bachelor’s degree in Finance, Economics, Supply Chain, Business, or related field
●    Fluent in English, Spanish is a plus
●    8-10 years of experience in Traffic, Logistics, Pricing, Risk or other Commodity Trading Operations or Procurement function (cocoa, softs, agri-commodities, or relevant physical markets preferred)
●    Familiarity with commodity trading concepts: P&L, futures, hedging, mark-to-market, exposure management 
●    Experience managing or working with financial reports and data
●    Working knowledge of SAP, database management, Power BI
●    High attention to detail 
●    Strong analytical, critical thinking and problem-solving skills
●    Ability to thrive in fast-paced, dynamic trading environment with exceptional time management skills 
●    Excellent communication and collaboration abilities across commercial and operational teams
●    Proactive mindset with willingness to challenge discrepancies and propose improvements and solutions 
●    Inquisitive and eager to learn 
●    Demonstrated ability to interact with internal and external stakeholders in complex matrix organization


What you can expect from Barry Callebaut:

●    Salary Range of $ 100,000 - $120,000, depending on factors such as experience and location, plus annual bonus and our comprehensive benefits package. 
●    Paid time off, paid holidays, flex days, plus your birthday off
●    Environment that welcomes workplace flexibility 
●    An atmosphere where diversity is embraced, and inclusivity is second nature. We call it #OneBC! Just ask our champions with the Americas Women’s Forum and the Racial Equality Forum!
●    Ability to grow personally and professionally within an organization that values development and internal career growth.
●    Be part of our mission in making sustainability the norm through Forever Chocolate with priorities centered around prospering farmers, zero child labor, carbon and forest positive, and creating 100% sustainable ingredients in all of our products.

At Barry Callebaut, we are committed to Diversity & Inclusion. United by our strong values, we thrive on the diversity of who we are, where we come from, what we’ve experienced and how we think. We are committed to nurturing an inclusive environment where people can truly be themselves, grow to their full potential and feel they belong. #oneBC - Diverse People, Sustainable Growth.

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

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Nearest Major Market: Chicago

Job Segment: Logistics, Supply Chain Manager, Sustainable Agriculture, Supply Chain, Operations, Bilingual, Agriculture