Senior FIP Trader

3 weeks ago


Makati City, National Capital Region, Philippines Czarnikow Full time

About the Role



We are seeking a skilled Trader to support our business growth in FIP (Food Ingredients & Packaging). As a key member of our team, you will be responsible for developing and managing B2B clients and their contract positions in the Philippines, both on physical and futures, and reporting risks.

Key Responsibilities:

* Create value for the company by taking daily commercial decisions.

* Expand volumes and profitability of in-country sales and purchase of FIP products.

* Develop relationships with customers and suppliers for countertrading flow of food, ingredients, and packaging.

* Manage the Physical/Futures risk positions.

* Understand regional FIP Supply and Demand.

* Supply the global FIP team with market information and keep track of regional Supply & Demand.

* Work closely with FIP teams, including trade finance, accounting, operations, and trading desks.

* Liaise with the local trade execution team and finance team on all relevant topics for an accurate recording of P&L.

* Provide information on market demand, client performance, and any information relevant to the Company's Supply & Demand models.

Requirements:

* Solid understanding of INCOTERMS, credit risk, and trade financing.

* University education desirable, with a degree preferably obtained in economics, mathematics, or business studies.

* Fluency in English (corporate language) and local language is essential, with a good understanding of any other language considered a valuable asset.

* Minimum of 3 years of experience in business development and domestic trading in the Philippines, preferably familiar with B2B supply chain.

* Preferably 3 years of experience in the starch industry.

* Demonstrated knowledge of domestic and international markets.

* Good research and data analytics skills.

* Proven ability to work within a team-based work environment, with transparent and frank communication.

* Strong pipeline and inventory management skills, as well as forecasting future demand.

* Knowledge and previous management of commodity, packaging, energy, and/or other ingredients and foreign exchange hedging.

* Experience in developing new markets is desired.

* Accountable for purchase, sales, and marketing.

* Cursory knowledge of controlling and accounting concepts is preferred.

We are looking for a self-motivating individual with a passion for trading and a strong desire to contribute to the company's growth and success.

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