Junior Merchandiser

Merchandising Manager

The position will be part of the Commercial/ Trading team giving support in the  communication with product line managers, controlling team and corporate risk teams.

Give support to the merchandising manager in the execution at a system and reporting levels of Merchandising Manager obligations in areas such as trading and position of domestic crops, vessel imports flows, risk reports and Forex.

Support for all the product line manager in the hedging for future and Forex, support for the controlling team to review position is complete and accurate in the system, also will hedge futures and mantaine under the merchandising manager supervision any forex risk that the company has. The position will be located in Mexico City to have a better coordination with all the teams.

The position will be buying and selling low volume to specific costumers of import grain and domestic crops

• Daily review of future position and FX, to ensure an accurate and efficient daily P&L report.
• Balance spread and future position to avoid risk that company doesn’t want to have.
• Daily monitoring of system activity to keep the info accurate, identifying and requesting to the Commercial/trading team the change of any difference.
• Support accounting area with domestic risk management as prices for MTM calculation, or to answer any clarification to tell in the directional position and VAR limit.
• Monitoring economic, business and translation exposure, from the business day to day operations and for the long-term risks like VAT recovery.
• Keep calculation and team informed about the spread between prices of different origins, to updated price matrix with sensitive analysis.
• Build and keep updated a spreadsheet analysis of trade flows and potential impacts to update the Supply and Demand (S&D) analysis.
• Accomplish budget for the position of Trading volume and Gross Margin.

1. In collaboration with the Merchandising Manager and Trading team  get P&L result
2. Improve communication between Controlling and Trading
3. Improve trading risk metrics in Mexico.
4. Comprehensive, timely and accurate reporting
5. Supervise, analyse trade flows and update S&D’s

Education and

Qualifications

• Technical knowledge in VAR and price curves.

• Technical, and shipping background desired, understanding of storage risk and good practices it’s desired.
• Understanding of trading and Risk management concepts, in option trading, correlation analysis trade rules, risk management metrics ( VAR, price curves, P&L ratio, stress ), Forex trading
• Bachelor in Risk, maths, international trade, actuary  or similar career,  master in risks is desired

Experience

• Minimum 2 years’ experience in commodities merchandising and /or trading
• Knowledge and/or experience in Risk Management
• Good understanding of financial risk and vocabulary.
• Knowledge on hedging structure.

Skills

• Capable to do deep analysis of the information, and
• Ability to interact and communicate internally.
• Ability to work and deliver under pressure.
• Self-starter and able to work independently.
• Strong in deep analysis and reporting.
• Advance Excel or calculation sheets

Customer focus

• Ability to relation with every level of the company.
• Understands and responds clients need when he received a call for hedging
• Delivers high quality reports.

Communication

•  
• Listens well and shares ideas /solutions.
• Promotes timely flow of information – to team /colleagues and management
• Explains /educates on systems, documentation, processes.

Team Work

• Seeks involvement and input from other people.
• Considers different perspectives.
• Recognizes and acknowledges other team members’ contributions.

Initiative

• Proactive, drives processes and tasks to achieve results.
• Takes the initiative to execute that the business request.

Ownership & Accountability

• Always deliver on time the reports of their own.

Management

• Capable to tell what their needs are.

Detail orientation

• Organized, methodical.
• Good attention to detail