Share this Job

Trader - Refined Soy

Apply now »

Date: Mar 15, 2023

Location: Chesterfield, MO -Missouri, US, 63017

Company: Bunge

At Bunge, people don’t just come here to work, they come here to grow – solving challenges that directly impact the world with a diverse team of thinkers and doers.  Bunge offers a strong compensation and benefits package, generous paid time off program, flexible work arrangements, and opportunity to progress.  Our hybrid work environment provides a balance of in office and remote work.  Most importantly, in all we do we live our values:
•    Act as One Team by fostering inclusion, collaboration, and respect
•    Drive for Excellence by being agile, innovative and efficient
•    Do What's Right by acting safely, ethically, and sustainably

Position Summary:

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

 

Core Functions:

  • Manage the Soy oil pipeline/marketing plan.  Ensure it is updated weekly with correct information.  Direct where oil flows to most economical destinations.
  • Responsible for all Soy oil sales prices on a daily basis. Responsible to set values for Soy 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 S&Ds, including with input or oversight to what the Supply Chain is doing.
  • Responsibility for the Soy 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 Soy oil. 
  • Support team lead in running the Soy refinery PNL.  Including analysis and price/margin setting.
  • Support the standardization of trading processes and controls between the U.S. (soy) & Canada (Soy).
  • Support the management of the Specialty Programs with Soybean Procurement Managers & 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 Soy oil sales team.  Increase their understanding of the market, and shape messaging to customers, including in person meetings.

 

Skill/Experience Requirements:

  • Bachelor’s degree
  • 2-3 years related trading experience preferred
  • 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 (NYSE: BG) is a world leader in sourcing, processing and supplying oilseed 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 across the globe. The company is headquartered in St. Louis, Missouri and has 25,000 employees worldwide who stand behind more than 350 port terminals, oilseed processing plants, grain facilities, and food and ingredient production and packaging facilities around the world.

 

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: Pipeline, Sustainable Agriculture, Supply Chain, Refinery, Supply, Energy, Agriculture, Operations