Market Value Strategist

3 days ago

Sydney, New South Wales, Australia beBeeCommodity Full time $140,000 - $180,000

Our Business Needs a Commodity Trading Manager.

We are seeking an experienced Commodity Trading Manager to join our team at Woolworths Food Company. In this role, you will be responsible for ensuring continuity and value across the ecosystem in both Australia and New Zealand.

  • Work collaboratively with key stakeholder groups to deliver to the Own Brand sourcing strategy and broader strategic initiatives.
  • Communicate commodity movements and reasons behind changes to internal stakeholders.

Key Responsibilities:

- Trading of key commodities primarily Milk, Cheese, Butter, Cream and Milk powders.

  • Maintain and build relationships with suppliers and end users (complete responsibility along the supply chain).
  • Negotiate contracts and correctly execute and monitor existing contracts and obligations.
  • Maintain the Responsible Sourcing commitments for the Group.
  • Lead quality, value, supply security sourcing requirements across the broad WoW ecosystem.

Requirements:

- Previous experience in either soft Commodity Trading or FMCG Procurement of Dairy commodities.

  • Demonstrate the ability to manage multiple commodities, trading physical commodities and by-products, communicating with farmers, hedging with derivatives (options and futures), trading relative value, statistical arbitrage and calendar spreads.
  • Proven experience in forecasting demand and supply inventories and usage, storage.
  • Product expertise in major currencies AUD/NZ/USD/EUR commodity relative value spreads execution.

About Our Organisation:

We are a global business with endless career possibilities around every corner and across every discipline. Our progressive and flexible 'Work from Anywhere' policy gives you more control over your work, life and wellbeing.

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