Trader (Starch)

1 week ago


Makati City, National Capital Region, Philippines Czarnikow Full time $60,000 - $120,000 per year

We are looking to hire a Trader to support our business growth in FIP (Food Ingredients & Package).

Tasks & Responsibilities:

  • Create value for the company, take daily commercial decisions.
  • Develop and manage B2B clients and their contract positions in the Philippines, both on physical and futures, and report risks.
  • Expand volumes and profitability of in-country sales and purchases of FIP products.
  • Develop relationships with the customers and suppliers for countertrading flow of food, ingredients, and packaging.
  • Develop new customers portfolio, actively search for new customers, helping the company to increase its footprint and profitability.
  • Manage the Physical/Futures risk positions.
  • Understand regional FIP Supply and Demand.
  • Supply the global FIP team with market information. Keep track of regional Supply & Demand.
  • Work closely with FIP teams, its trade finance, accounting, operations, and trading desks.
  • Have close contact with our market risk team in order to keep our counterparty risk controlled.
  • 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.

About you:

We are looking for someone with the following skillset and attributes:

Requirement:

  • Solid understanding of INCOTERMS, credit risk, and trade financing.
  • University education desirable, degree preferably obtained in either 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, nutritive sweeteners, or packaging industry.
  • Demonstrated knowledge of domestic and international markets.
  • Preferably has 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 minimal 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.