Cocoa Trader
Location:
Singapore, 01, SG, 068809
Job Type:
About the role
The position can be broken down into 2 key areas:
- Responsible for the management of the cocoa butter and cocoa liquor sales portfolios, risk position, and coordination of Asia’s supply and demand.
- Manage key customer/ distributor/ inter-co relationships for cocoa ingredients, coordinate with internal stakeholders to balance service levels and manage our combined ratio risk position
Key responsibilities include
- Support Combined Ratio Manager on the execution of regional strategy for the sourcing and selling of cocoa butter and cocoa liquor to third-party customers, distributors, and inter-co requirements.
- Analyze cocoa products supply and demand trends, develop sourcing/trading strategies, and support internal sales teams on market fundamentals
- Monitor product availability positions and provide updates to the Regional Management team on risks and opportunities.
- Manage key external (country and account coverage) and internal relationships with the overall goal to maximize profitability and value on a long term sustainable basis
- Internal stakeholders:
- Senior Combined Ratio Manager Asia: Execute regional and global sales strategy for butter and liquor
- Pricing, Position Management, Risk Leads: Confirm trades, forecast forward risk exposure, align & update pricing
- Powders Sales Team, Country Sales Leads, Corporate Account Sales Team, Inter-co Cocoa Buyers: Lead & coordinate pricing, share S&D info, and general support for all butter and liquor sales
- Planning: Contribute and Lead budgeting forecast and portfolio
- External stakeholders:
- Cocoa Traders: Execute purchase and sales transactions, gather market intelligence
- Key Customers, Distributors: Negotiate Sales Contracts, demand forecasting
About you
- Bachelor / Master Degree in Business or similar studies
- Excellent mathematical and analytical skills
- Minimum 5 to 7 years' experience in commodities B2B sales; risk management using futures contracts
- Knowledge or specific business understanding: Technical Analysis and Market language
- Technologically savvy
- Knowledgeable in MS Office
- Able to multitask and a good communicator
- Fluent English
Job Segment:
Supply, Risk Management, Operations, Finance