Sr. Trader, Cocoa
Chicago, US, 60654
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 Sr. Trader, Cocoa will be a Cocoa Derivatives and Products Trader with industry relationships and manage strategic sourcing and hedging activities for cocoa butter, liquor and solids for Barry Callebaut’s North American Cocoa Trading & Sourcing organization. The incumbent will manage an annual spend of approx. 400M USD.
Key responsibilities include:
- Trading and strategic sourcing of cocoa products from domestic as well as overseas suppliers (Asia, South America and West Africa)
- Develop long-term relationships with existing and new vendors focusing on risk management, reliability and cost-effectiveness
- Position management and hedging on the cocoa exchange for effective exposure management, in close collaboration with Finance and Risk Management
- Define and implement raw material strategies to support North American purchase and sales activity
- Market research in order to develop trading strategies and support sales activity
- Support cocoa butter sales to large third-party customers in close collaboration with the Cocoa Sales Team
- Partner with Sales, Pricing, Planning, and Logistics to align on inter-departmental activities related to Sourcing and Trading
- Collaborate with Logistics Analysts in order to ensure effective contract execution and supplier management activities
About you:
- Bachelor’s degree in Finance, Commodity Trading, Political Science, International Business, or related field (Master’s preferred)
- Excellent negotiating skills
- Effective collaboration with people to get things done
- Clear, concise and succinct ability to communicate in a high-pressure environment
- Travel requirements: 10%
- Others: Familiarity with FCC and CMAA contract rules
- Familiarity with financial derivatives for risk management and margin enhancement
What you can expect from Barry Callebaut:
- Competitive salary and comprehensive benefits package
- Generous paid holidays and PTO
- 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.
Nearest Major Market: Chicago
Job Segment:
Logistics, Strategic Sourcing, Market Research, Supply Chain, Sustainable Agriculture, Operations, Marketing, Agriculture