Trader - Crush

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.

This role will be a part of the Destination Crush Value Chain where the role is responsible for the soybean purchase, position management, pipeline management, position and PnL reconciliation for Crush Asset in Vietnam. The incumbent of the role will be accountable for day-to-day soybean crush desk hedging and trading strategies execution, to maximize returns on the asset.

Main Accountabilities

• Origination
  • Responsible for monitoring and reporting soybean premium price movement/availability, handle purchase for Crush assets, Food Bean business and negotiate contract terms
  • Maintain close commercial relationships with existing suppliers and developing new contacts
  • Manage soybean pipeline under one value chain model to meet Crush requirement while balancing origin logistic capabilities
  • Collaborate with Distribution/Marketing, Industrial and Logistic team to align Crush and Food Bean plan and identify soybean requirement
• Pipeline Management and Commercial Execution
  • Liaise with Freight team on freight purchase and manage freight exposure
  • Follow up on soybean imports execution, including liaison with sellers and communicate timely with Asia and Vietnam logistic and execution team to avoid execution risk
  • Maximize potential pick-ups and cost savings from logistics and constantly evaluating tradeoffs when making decisions
• Risk Management
  • Coordinate with sales and production team to align and drive capacity utilization target and maximize returns
  • Contribute to hedging and trading strategies and identify cash/flat/spreads risk in crush position book and provide solutions
  • Identify and implement sourcing strategy to create higher value to the PnL
  • Close alignment with Accounting and Trade Administration on monthly PnL reconciliation and PnL forecast
• Market Intelligence
  • Further expand connection in market to collect and share information for better decision making around our strategies
  • Work with global research team to ensure market information and outlook are updated timely

Job Requirement

• Bachelor’s degree in Finance, Economics, or related field
• 7 - 10 years’ experience in agribusiness commodity industry
• Good knowledge and understanding of the physical flow and futures (options and derivatives) on Soy complex
• Ability to communicate in Mandarin is preferred
• Enthusiasm and eagerness to be a part of the “Commodity business”
• Ability to work in a multicultural environment
• Strong attention to detail and excellent written/verbal communication skills are essential
• Time/task and priority management
• Ability to work under pressure
• Team player qualities required
• Strong organizational and analytical skills
• Proficient in MicroSoft Excel