Cargill Commodity Merchandising Trainee in Schiphol, Netherlands

Commodity Merchandising Trainee

Cargill provides food, agriculture, financial and industrial products and services to the world. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and over 150 years of experience. We have 150,000 employees in 70 countries who are committed to feeding the world in a responsible way, reducing environmental impact and improving the communities where we live and work.

Description

Currently we are looking for a COMMODITY MERCHANDISING TRAINEE to join our team in a start position at Schiphol, the Netherlands, for our Cargill Agricultural Supply Chain EMEA Group.

In the Cargill Agricultural Supply Chain (CASC) EMEA Group we operate on an integrated global basis to source, process, transport and distribute grain and oilseeds around the world. The main bulk products we handle are wheat, corn, oilseeds, barley and sorghum, as well as vegetable oils and meals.

TRAINEESHIP

The position provides an extensive 24 months training mainly in Merchandising, but also Risk Management, Trading Operations and Market Analysis, to produce excellent commodity merchandising professionals in diverse agricultural commodities: grains, oilseeds, feed and processing by-products. On successful completion of training the trainee will embark on an exciting commercial career in the Merchandising Job Family with one of the CASC EMEA product lines in the dedicated country.

THE TEAM

The team with the open position is responsible for managing trading risks, for both internal Cargill groups as well as external customers. This specifically includes analyzing markets, forecasting price and market movements, advising customers, sales and purchase, and the responsibility for the execution of the contracts. The team operates on a group level, meaning that it maintains close contacts with other trading hubs across the global Cargill network. The hierarchy on the desk is flat, the atmosphere in the team is open, honest and direct.

ACCOUNTABILITIES

  • Learn the Agricultural commodities trading industry: worldwide, historical evolution, mission, our role in it, figures, flows, inventories, transportation, commodities, quality specifics for each product.

  • Know the local market for Commodity Merchandising: value, partners, flows, common behaviors, related legislation, fiscal policy around it

  • Learn what are the influencers: market SND balances, Industry economics, technological change, external political and global environment

  • Understand the local SND equilibrium factors

  • Understand the PNL elements and how to best manage it

  • Know INCOTERMS and local exceptions from them

  • Learn on various Transport modes and Operations/Storage costs

  • Develop skills on Cargill's trading and hedging strategies, tactics and practices, including the use of futures, risk management derivatives and structured products

  • Develop working knowledge of economic Supply / Demand research and analysis

  • Initiate, negotiate and agree on terms of commodity purchase, sale contracts, such as price, quality, quantity, transportation, timing and payment

  • Coordinate transportation and logistics to execute commodity contracts

  • Ensure thorough and accurate follow-up, execution, and closure of all contracts

Qualifications

WHAT WE ARE LOOKING FOR

We are looking for curious candidates with an appetite for risk and a strong interest in global (commodity) markets. Your numerical and analytical capabilities must be top-notch. Your drive for accuracy in administration, risk reporting and market analysis must be immaculate. On top of that you have an entrepreneurial spirit and are not afraid to challenge the status quo. You think out of the box and will share our acquired knowledge, opinions and views to the broader organization. A high level of collaboration with customers, logistics, service providers, traders and operations will be demanded. The preferred candidate is curious, resilient, determined and is able to develop and leverage deep customer knowledge and insights. Lastly you need to be able to deal with a substantial workload under high time pressure.

REQUIREMENTS

Minimum Required Qualifications

  • University degree: preferred major - marketing, finance, economics

  • Up to 3 years of prior internship/work experience

  • Business fluency in English. Any other language a strong plus

  • Computer literate

  • Effective communication: compelling and authentic communicator, broad perspective, relationship builder

  • Strong analytical skills: quantitative mind, challenging, inquisitive

  • Business insight: commercial mindset, macro-economics, political trends, long-term planning

  • Making decisions and execution: confident, integrity, courageous, hold self and others accountable

  • Integrity, Courage, Conviction

  • Committed to win: self-starter, daring, determination

  • Strong interpersonal skills, team player

  • Handling ambiguity: adaptable, see opportunity in change, conceptual strength

  • Risk appetite: composed, resilient, risk analysis, right sizing

Preferred Qualifications

  • Master degree in in Agronomy, Economics, Business

  • Fluent in Dutch

Interested in this exciting Trainee role? Upload your cv as well as your motivation by clicking the apply-button. Acquisition induced by this ad will not be appreciated.

Job Trading & Merchandising

Primary Location Netherlands-NH-Schiphol

Req ID: SCH02638