Trader Corn

City : Singapore State : South East (SG-04) Country : Singapore (SG) Requisition Number : 49213

Asia is the key market for Bunge’s corn value chain with strategic intent of building strong market access to maximize the origination connectivity, trading and merchandising opportunities and end-to-end value capture from origins to destination markets.

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The role incumbent will assist the regional lead in managing the corn merchandising book in Asia, assisting in coordination and connection for Geneva/Origins and country commercial teams for pipeline management, research, demand insights and business reporting and be directly responsible and accountable for managing the customers and GTM in Malaysia, Taiwan and Vietnam.

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The role incumbent will have PNL accountability towards assisting the regional lead in building and maximizing merchandising PNL from CNF pipeline, logistical  efficiencies and downstream positioning in the countries like Malaysia, Vietnam and Philippines. 

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The role will be in the succession pipeline for the regional lead role on the corn desk in 3+ year time.

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Main Accountabilities

A.  Corn Merchandising

• Understand replacement calculations from multiple origins, closely following FOB and freight markets as well as local prices in relation to replacement calculations in fragmented markets like Vietnam and Malaysia and communicate same to the destination teams.
• Closely follow Bunge’s shipment plan/program, be in contact with execution/logistics team to ensure a smooth execution with our customers.
• Look to optimize logistics/execution P&L by following under/overfill scenarios, freight/vessel placement, quality impacts and customer requests that can create value.
• Be in close contact with freight to follow regional freight market drivers and develop a market opinion alongside freight team.
• Communicate market opinions to both Bunge team members and external customers.
• Develop understanding of global S&D’s, real time analysis of the lineups, competition program and deeper understanding of the Regional feed grains SND and communicate it proactively to multiple stakeholders.
• Closely follow competition programs and understand if there are alternative/better ways to execute and price into specific regions through swaps and combo programs.

• Assist in managing overall risks associated with corn pipeline execution in Asia, oversee the freight and logistics exposure, and freight positions in BAS tributary to Asia.
• Assist in creating value from cross VC collaboration on combo shipments and capture and report the efficiency pickups in timely manner from Argi top’s and cross VC program for partial flows (DDG’s, Feed wheat, Beans) and origins (SAM wheat, Argi flows, PNW combo’s).
• Be responsible for overseeing BAS PNL tributary to Asia and collaborating with FPNA/Middle office for PNL and position reconciliation and reporting

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B. Corn Marketing 

• Directly responsible for managing customers in Malaysia and Taiwan as assigned and provide active support to manage the distribution book in Vietnam
• Backup for Corn lead for providing CNF prices, market outlook & leadership to the destination teams on cash/premiums and freight markets, demand/supply evolution etc.
• Assist in coordination with Geneva/Origins on developing and executing Asia corn marketing plans and monthly / quarterly reviews.   

• Responsible for timely capture and sharing of Asia business intelligence, demand planning and customer/market insights, competition activities, import grid updates and regional S&D in close collaboration with the research and country commercial teams.
• Directly accountable for timely updates on the markets including weekly corn market/GTM reports and quarterly QBR’s

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C. Contract & PNL Administration 

• Timely and accurately report risk position changes, work closely with Geneva on any position related matters and daily reconciliation.
• Assist month end closing procedures, produce reports needed to identify P&L drivers. Work closely with Geneva and FP&A on result reconciliation.

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Requirement : 

• An industry domain expert with strong experience in managing large country/Regional businesses with min 10years relevant experience in trading environment
• Graduate qualification from reputed institution
• Professional certification in international trade and supply chain management
• Experience in managing Industrial customer in B2B format
• Commodity Expertise: An industry domain expert with strong experience in managing large country/regional businesses with min 10years relevant experience
• Strategic Thinking & Analytical: strong analytical mind, decisiveness, logical reasoning and clear communication. Comfortable with managing ambiguities and ability to find opportunities in shifts, trends and distortions in the market
• Commodity Risk & Supply Chain Management: Strong experience in commodity risk management, freighting, customer execution risk management and global supply chain management
• Leadership: Authentic communication, collaboration and engagement skills for managing diverse set of stakeholders

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#LI-EDLO

At Bunge (NYSE: BG), our purpose is to connect farmers to consumers to deliver essential food, feed and fuel to the world. As a premier agribusiness solutions provider, our team of ~34,000 dedicated employees partner with farmers across the globe to move agricultural commodities from where they’re grown to where they’re needed—in faster, smarter, and more efficient ways. We are a world leader in grain origination, storage, distribution, oilseed processing and refining, offering a broad portfolio of plant-based oils, fats, and proteins. We work alongside our customers at both ends of the value chain to deliver quality products and develop tailored, innovative solutions that address evolving consumer needs. With 200+ years of experience and presence in over 50 countries, we are committed to strengthening global food security, advancing sustainability, and helping communities prosper where we operate. Bunge has its registered office in Geneva, Switzerland and its corporate headquarters in St. Louis, Missouri. Learn more at Bunge.com.

Every day our people exemplify these values, which represent Bunge at its core:

•    We Are One Team – Collaborative, Respectful, Inclusive
•    We Lead The Way – Agile, Empowered, Innovative
•    We Do What’s Right – Safety, Sustainability, With Integrity

If this sounds like you, join us!  We value and invest in people who believe in our purpose and are excited to live it every day – people who are #ProudtoBeBunge