Trade Specialist
4 weeks ago
We are seeking a highly skilled Trade Specialist to join our FIP (Food Ingredients & Packaging) team. As a key member of our commercial team, you will be responsible for developing and managing B2B clients and their contract positions in the Philippines, both on physical and futures markets.
Key Responsibilities- Create value for the company by taking daily commercial decisions and developing new business opportunities.
- Expand volumes and profitability of in-country sales and purchase of FIP products, while managing physical and futures risk positions.
- Develop relationships with customers and suppliers for countertrading flow of food, ingredients, and packaging.
- Manage the Physical/Futures risk positions and understand regional FIP supply and demand.
- Supply the global FIP team with market information and keep track of regional supply and demand.
- Work closely with FIP teams, trade finance, accounting, operations, and trading desks to ensure seamless execution of trade activities.
- Liaise with local trade execution teams and finance teams on all relevant topics for accurate recording of P&L.
- Provide information on market demand, client performance, and any relevant data to the Company's Supply & Demand models.
We are looking for someone with a solid understanding of INCOTERMS, credit risk, and trade financing. A university education is desirable, with a degree in economics, mathematics, or business studies. Fluency in English (corporate language) and local language is essential, and a good understanding of any other language is 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, with good research and data analytics skills. Proven ability to work within a team-based work environment, focused on transparent and frank communication.
A great individual contributor with self-motivating passion that requires minimum supervision. 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.
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Trade Marketing Specialist
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Trade Marketing Specialist
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