This position supports the EU barley origination and price risk management under the leadership of EU Barley Merchandizing Manager.
This role will support the day to day risk position under the supervision of his manager. The scope of this role implies the support of EU barley risk & origination manager for the flat price risk management.
Futures and derivatives are components as well of the risk management portfolio.
She / He would as well provide some support to the global role on the global barley risk management and the origination teams for the global Business Unit.
55% Support EU Merchandizing Manager in EU Malting Barley market coverage, trading and hedging :
Daily contact with brokers for market follow-up and different price and spreads values assessment.
Trading Cash (physical and paper markets), futures and derivatives as per game plan set by EU Merchandizing Manager.
Registration of all commercial contracts into Merchandizing record and business system.
Keep respect of position and counterparties limits before trading.
Set on daily basis the barley price commercial team will build malt quotes.
Collect key information from market (crops, quality, competition, third countries exports, ) and share them spot with relevant team(s).
10% EU Barley Risk Position and EU Merchandizing financial results reporting
Reconcile and send daily and timely, the EU barley position updated with D-1 business activity.
On weekly basis align with Finance team on activity and net position reconciliation.
Support EU Merchandizing Manager in keeping trading results estimate updated (weekly basis + final Month end).
10% Fundamental analysis
Update EU malting barley Supply & Demand and collect any key information influencing fundamentals analysis.
Connect with strategic pricing team and share relevant information about EU malt demand and market intelligence.
25% Support Global Barley Risk & Origination Lead.
Execute day to day futures trading, position reporting, CRC reporting tasks under the supervision of the Global Barley R&O Manager.
Minimum 4-year bachelor’s degree in Agronomical, Economical, Financial, Engineering sciences or equivalent
Minimum 2 years agricultural supply chain and risk management experience.
Experience on cash market trading and some in trading futures, options and derivatives in the Agricultural commodity space.
Broad understanding of agronomic supply chains
Comprehensive knowledge and experience with origination, sales and supply chain management
Proven problem solving and analytical skills
Proven understanding of logistics
Proven ability to perform well under pressure and not deterred by hardship or failure
Strong and effective communication skills across a broad range of internal stakeholders and external customers.
Fluent English speaking. Very good level on French. German is a plus.