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Trader-Canola

Date: Jul 9, 2019

Location: Chesterfield, MO, US, 63017

Company: Bunge

Bunge (www.bunge.com<https: www.bunge.com="">, NYSE: BG) is a world leader in sourcing, processing and supplying oil seed and grain products and ingredients. Founded in 1818, Bunge's expansive network feeds and fuels a growing world, creating sustainable products and opportunities for more than 70,000 farmers and the consumers they serve in over 60 countries. The company is headquartered in New York and has 31,000 employees worldwide who stand behind more than 360 port terminals, oilseed processing plants, grain silos, and food and ingredient production and packaging facilities around the world.

Position will have responsibility for managing canola oil, including responsibility for canola oil pricing and trading position. This position will support the BNA Oils Product Line Manager with the canola refinery analysis and margin setting.

 

Core Functions:

  • Manage the canola oil pipeline/marketing plan.  Ensure it is updated weekly with correct information.  Direct where oil flows to most economical destinations.
  • Responsible for all canola oil sales prices on a daily basis. Responsible to set values for canola oil basis for all North American refineries, packaging plants, and bulk customers.  Responsible to approve deviations as necessary. 
  • Complete ownership of the refinery flows and SNDs, including with input or oversight to what the Supply Chain is doing.
  • Responsibility for the canola oil trading position, including working the export trader on most economical flows between crude and refined.  This includes all third party procurement for refined and specialty oils, and managing our overall message to the market for canola oil. 
  • Support BNA Oils Product Line Manager in running the canola refinery PNL.  Including analysis and price/margin setting.
  • Support the standardization of trading processes and controls between the U.S. (soy) & Canada (canola).
  • Support the management of the High Oleic Program with Seed Procurement Manager & Oils Product Line Manager.  Monitor risk of the program, help define a clear PNL, and work with sales to accurately set margins and prices. 
  • Develop and maintain relationships with the canola oil sales team.  Increase their understanding of the market, and shape messaging to customers, including in person meetings.

 

Skill/Experience Requirements:

  • Bachelor’s degree in Agriculture discipline
  • 5 to 7 years related trading experience required
  • Strong analytical and problem solving skills
  • Excellent communication skills, both verbal and written
  • Strong working knowledge of and proficiency in Excel, Lotus Notes, and Microsoft Word as well as basic computer functions
  • Understanding of cash and futures markets required
  • Understanding of domestic and export markets with emphasis on both origin and destination export business required
  • Knowledge of North American crush and refining margins, freight spreads, and a strong understanding of supply and demand (both internal and external)
  • Strong organizational and time management skills
  • Successful experience working directly with customers

Bunge is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, transgender status, national origin, citizenship, age, disability or military or veteran status, or any other legally protected status.  Bunge is an Equal Opportunity Employer. Minorities/Women/Veterans/Disabled


Nearest Major Market: St Louis

Job Segment: Agricultural, Sustainable Agriculture, Supply, Refinery, Procurement, Agriculture, Operations, Energy