Commodity Trader (Agri / Food)

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Date: Apr 9, 2024

Location: Riyadh, SA, 11564

Company: Bunge

Location : Riyadh 

City : Riyadh 

State : Ar Riyāḍ (SA-01) 

Country : Saudi Arabia (SA) 

Requisition Number : 34463 

 

Join Bunge, a leading global agribusiness and food company, as a Commodity Trader in Riyadh. You will be at the heart of coordinating trading activities between our marketing teams and customers in Saudi Arabia, ensuring flawless execution and fostering strong relationships. We are open for applications from junior (2+ yrs) as well as from more experienced Traders and Senior Traders, so if you recognize yourself in the following description do not hesitate to apply!

 

The role:

In this position, you will manage the trading and marketing operations for bulk grain and meal commodities as well as other biproducts from origin until final destination in Saudi Arabia. Your duties will include fostering robust relationships with local clients, formulating and executing sales agreements, and managing daily profit and loss calculations and reconciliations. Additionally, you'll work in close partnership with fellow traders, managers, and various departments such as Execution, Freight, Finance, Contract Administration and other vendors to uphold Bunge's esteemed standards of quality and service.

 

Further accountabilities:

  • Ensure safe execution and accurate accounting of trades through constant inter-departmental coordination.
  • Analyze local and global supply and demand trends to advise and implement trading decisions.
  • Calculate trade profitability and prepare daily Trading P&L reports, reconciling with Accounting P&L.
  • Gain a comprehensive understanding of the CBO futures market, options structures and other pricing tools.
  • Participate in overall game plan for the import and distribution of various commodities.
  • As part of a team, participate in developing and managing the logistics and due research requirements.

 

Knowledge, Skills, and Experience:

  • University degree or equivalent experience in areas such as Finance, Economics, or Engineering.
  • Demonstrated ability in Business Development, Trading and/or Sales Operations, dealing with agriculture commodities, with a focus on the Middle East.
  • Fluency in English, proficiency in Arabic is highly preferred.
  • Residing in the region of Riyadh.
  • Well-equipped decision-maker and negotiator.
  • A passion for excellence and a drive to make a difference.
  • Ability to thrive in a fast-paced, international environment.

 

Why Bunge?

  • Global Impact: Contribute to a company that is at the forefront of global food and agricultural networks.
  • Career Growth: We offer a world of opportunities to grow professionally and personally.
  • Innovative Culture: Join a team that encourages innovative thinking and problem-solving.
  • Sustainable Practices: Become part of our commitment to sustainability and responsible resource management.

 

Our offer to you

You will become part of a dynamic and diverse team that works across different regions and cultures. You will have the opportunity to grow your skills and career in a global company that values innovation, sustainability, and excellence. You will also enjoy a competitive compensation and benefits package, as well as an encouraging and collaborative work environment.

 

We offer you an excellent remunerations package:

  • A competitive salary, bonus and benefits package.
  • A diverse and inclusive culture that values teamwork and innovation.
  • A chance to make a positive impact on the world through sustainable and responsible business practices.
  • A flexible and agile work environment that embraces digital transformation.
  • We stimulate the growth of our employees by offering opportunities for training- and development.

At Bunge, people don’t just come here to work, they come here to grow – solving challenges that directly impact the world.

 

If this description reflects your profile or ambition, we’re looking forward to seeing your application and motivation in English by hitting apply!

Acquisition by agencies is not appreciated; we do not use agencies now for recruitment. Open proposals of candidates are at own risk.

 

We Are Bunge

Bunge is a global agribusiness with one mission – we connect farmers to consumers to deliver essential food, feed and fuel to the world. We have unmatched global scale and deeply rooted relationships which allow us to bring innovative ingredients and knowledge to some of the world’s biggest brands – many of which are likely in your home right now.

We know that to achieve our mission and deliver the best results to our customers, each other and the world we need to work together – so we hire talented people who are passionate, bold and driven to work as One Bunge. This dedication is deeply embedded in our culture and reflected in the way we work.

Every day our people exemplify these values, which represent Bunge at its core:

 

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

If this sounds like you, join us! We value and invest in people who believe in our purpose and are excited to live it every day – people who are #ProudtoBeBunge.

 

 

Bunge is an Equal Opportunity Employer

 

#LI-DDV


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