Commercial Management Trainee

Singapore, Singapore

Job Description

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Job Purpose and Impact

Headquartered in Singapore, Cargill\xe2\x80\x99s metals business provides value-adding services and solutions along the global ferrous supply chain. Combining over 150 years track record of risk management in global commodities markets with more than 40 years unique insights in the ferrous industry, we provide our customers the support they need to thrive. We connect iron ore miners around the world with steel mills in key markets and provide a broad range of services from technical marketing to customized risk management solutions along the supply chain including to end users of steel.

With around 130 dedicated experts, an established global network and hubs in China, Singapore, United Kingdom of Great Britain and Northern Ireland, and Vietnam to serve our customers, Cargill Metals operates across over 25 ports and more than 50 warehouses globally, providing physical and financial solutions to over 2,500 customers in 40 countries. Each year we move around 50 million tons of physical iron ore and 6 million tons of physical steel globally.

Job Purpose and Impact: Purpose of this 12-18 months program is to fast-track a fresh merchandising talent who is commercially inclined for our ferrous trading business. The program entails rotation and mentorship focused on building relevant skills, knowledge and cultural awareness to be successful in the role. The Commercial Management Trainee will participate in handling a supplier base and fulfill transactions delivering commodities that meet production requirements and specifications in terms of timing, volume, quantity and cost. In this role, you will help buy and sell commodities from and to country elevators, producers, feed mills and processors.

Key Accountabilities

  • Identify and connect physical arbitrage opportunities between geographies, product and tenure via forward view of macro, flow change between markets and positioning. Negotiate for buy and sell physical cargo during arbitrage opening/closing by adopting a holistic view of factors driving the spot and forward market and prices.
  • Support building of physical liquidity and market share in assigned markets via business development efforts and participation in trade flows within measured risk vs reward assessment.
  • Develop market knowledge through constant dialogue and close communication with industry players, steel mills, and customers at multiple levels so as to enhance the overall customer experience.
  • Collaborate with transportation and logistics, quality assurance, customer managers and credit manager to ensure efficient execution and resolve routine problems.
  • Help plan purchases and transportation to maximize profitable use of stock and storage facilities.
  • Enter most routine data and run specialty reports from our contract management databases and systems.
  • Research and analyze various freight opportunities in the marketplace to maximize margin.
  • Handle basic issues and problems under direct supervision, while escalating more complex issues to appropriate staff.
  • Other duties as assigned.

Qualifications

  • Bachelor\'s degree in any field.
  • Early career professionals with no more than 2 years\xe2\x80\x99 work experience in commodities/financial markets, private equity, hedge funds are welcome to apply.
  • Outstanding interpersonal and communication skills.
  • Excellent analytical facility with commercial acumen to provide solutions to business challenges
  • Demonstrates strong interest in commodity/financial markets.
  • Commercially-minded, strong system thinker and ability to connect the dots.
  • Self-starter, entrepreneurial, innovative inclinations.
  • Able to work under pressure and tight deadlines.

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Job Detail

  • Job Id
    JD1302962
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned