Junior Commodity Trader
2 weeks ago
Date: Apr 22, 2025
Location: Riyadh, SA, 12211
Join Bunge, a leading global agribusiness and food company, as a Commodity Trader in Riyadh. You will be at the heart of coordinating trading activities between our marketing teams and customers in Saudi Arabia, ensuring flawless execution and fostering strong relationships.
The role:
In this position, you will take part in the trading and marketing operations for bulk grain and meal commodities as well as other byproducts from origin until final destination in Saudi Arabia. Your duties will include fostering robust relationships with local clients, formulating and executing sales agreements, and managing daily profit and loss calculations and reconciliations. Additionally, you'll work in close partnership with fellow traders, managers, and various departments such as Execution, Freight, Finance, Contract Administration and other vendors to uphold Bunge's esteemed standards of quality and service.
Further accountabilities:
- Ensure safe execution and accurate accounting of trades through constant inter-departmental coordination.
- Analyze local and global supply and demand trends to advise and implement trading decisions.
- Calculate trade profitability and prepare daily Trading P&L reports, reconciling with Accounting P&L.
- Gain a comprehensive understanding of the CBOT futures market, options structures and other pricing tools.
- Participate in overall game plan for the import and distribution of various commodities.
- As part of a team, participate in developing and managing the logistics and due research requirements.
Knowledge, Skills, and Experience:
- University degree or equivalent experience in areas such as Finance, Economics, or Engineering.
- Demonstrated ability in Business Development, Trading and/or Sales Operations, dealing with agriculture commodities, with a focus on the Middle East.
- Fluency in English and Arabic, Saudi National applicants will be prioritized.
- Residing in the region of Riyadh.
- Well-equipped decision-maker and negotiator.
- A passion for excellence and a drive to make a difference.
- Ability to thrive in a fast-paced, international environment.
Our offer to you:
You will become part of a dynamic and diverse team that works across different regions and cultures. You will have the opportunity to grow your skills and career in a global company that values innovation, sustainability, and excellence. You will also enjoy a competitive compensation and benefits package, as well as an encouraging and collaborative work environment.
We offer you an excellent remuneration package:
- A competitive salary, bonus and benefits package.
- A diverse and inclusive culture that values teamwork and innovation.
- A chance to make a positive impact on the world through sustainable and responsible business practices.
- A flexible and agile work environment that embraces digital transformation.
- We stimulate the growth of our employees by offering opportunities for training and development.
At Bunge, people don't just come here to work, they come here to grow – solving challenges that directly impact the world.
If this description reflects your profile or ambition, we're looking forward to seeing your application and motivation in English by hitting apply
Acquisition by agencies is not appreciated; we do not use agencies now for recruitment.
Bunge is a global agribusiness with one mission – we connect farmers to consumers to deliver essential food, feed and fuel to the world. We have unmatched global scale and deeply rooted relationships which allow us to bring innovative ingredients and knowledge to some of the world's biggest brands.
We know that to achieve our mission and deliver the best results to our customers, each other and the world we need to work together– so we hire talented people who are passionate, bold and driven to work as One Bunge.
Every day our people exemplify these values, which represent Bunge at its core:
- Act as One Team by fostering inclusion, collaboration and respect.
- Drive for Excellence by being agile, innovative and efficient.
- Do What's Right by acting safely, ethically and sustainably.
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.
Bunge is an Equal Opportunity Employer
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