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The Role:
In this role the candidate will help to identify trading opportunities in the Vegetable Oils markets place and maximize contribution to the Global PnL. In addition, they are responsible for supporting ADM Global Trade with trading and controls to support global assets and to help increase market participation.
The Global Trading Desk for Vegetable Oils in Rolle, Switzerland trades rape oil, canola oil, sunflower oil, soybean oil, palm oil, and corn oil, etc. Each oil has its own trading peculiarities, and it’s important to develop a deep understanding of all vegetable oils.
Main Responsibilities:
Reporting to the Trading Manager in Rolle, Switzerland, the main duties of this role will include:
* Trading vegetable oils in bulk for ADM from Origins and into destinations, following and trading cash markets and paper markets at origins, negotiating and obtaining the best value for ADM’s vegetable oils.
* Maintain and improve customer relationships in India and the region, exploring potential partner and strategic opportunities.
* Vessel freight fixing for crude vegetable oils.
* Involvement in Supply and Demand discussions, trade flow forecasts, and estimating demand coverage, supporting the provision of analysis of market data.
* Utilizing experience in commodity markets, providing positioning, hedging/selling recommendations to customers.
* Risk management, monitoring the risk positions of GT cash, futures, freight, etc., developing and updating commercial controls of beans trading and contracts, as well as helping to prepare and maintain position controls (Long/short), PnL forecasts, and traded statistics.
* Managing credit, legal issues, and processing aspects of ADM’s vegetable oil business.
* Communicating market developments and coordinating with ADM teams both at local and global levels through analysis and support preparation of market reports.
The Candidate:
The successful candidate will possess the following:
* University degree in economics, business administration, agronomy, or similar;
* 6+ years commercial experience, preferably including trading and logistics in ag. commodities, preferably vegetable oil trading.
* Excellent understanding of pricing mechanisms as well as the relationship between worldwide supply and demand, and the pricing of agricultural commodities, specifically vegetable oils.
* Understanding of positions and risk management, with a high degree of numeracy;
* Analytical, creative, objective team player, with the ability to collaborate in a multi-cultural and cross-functional setting.
* Fluent in English; Hindi would be a plus.
#IncludingYou
Diversity, equity, inclusion, and belonging are cornerstones of ADM’s efforts to continue innovating, driving growth, and delivering outstanding performance. We are committed to attracting and retaining a diverse workforce and creating welcoming, truly inclusive work environments — environments that enable every ADM colleague to feel comfortable on the job, make meaningful contributions to our success, and grow their careers. We respect and value the unique backgrounds and experiences that each person can bring to ADM because we know that diversity of perspectives makes us better, together.
For more information regarding our efforts to advance Diversity, Equity, Inclusion & Belonging, please visit our website here:
Req/Job ID: 80819BR
Ref ID: #LI-DNI
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