Senior Trader, Cotton China
Bunge View all jobs
- Shanghai
- Permanent
- Full-time
Main Accountabilities • Promote marketing and sales from all Bunge's cotton origins into China;
- Manage key account relationships particularly China State Reserve, Chinatex and other SOEs and private sectors;
- In the case of China state reserve, this position will represent Bunge's interest in order to maintain our reputation as a preferred supplier;
- Enhance sales network by adding prospective clients;
- Manage counterparties risk (protect Bunge from counterparties over-extending their capacity to perform either bilaterally or in aggregate across the industry);
- Be actively trading ZCE under direction of the global strategic trading desk;
- Managing the relationship with various service providers to operate a stock and sale programme through the free trade zone;
- Fundamental analysis with regards to price, production and demand;
- Cultivate relationships with government agencies in order to understand and predict Chinese government policy with regard to the textiles industry and cotton production;
- Coach and mentor direct report(s), delegating certain customer accounts to them;
- Actively solving supply chain issues arising around the execution of contracts;
- Managing the certification process for China inspection and quarantine (CIQ) addressing any potential downgrade issues proactively to maintain our A grade status;
- Attend numerous global cotton conference around the year;
- Travel to visit clients across China and Vietnam as needed.
- University education or similar, with a degree obtained in, preferably, either Mathematics, Economics or Business Studies. 15 years working experience in commodity trading industry and 5 years in MNC environment;
- Proven track record in China cotton sales & marketing based on fundamental understanding of global cotton flows, quality and time spreads;
- Understanding of and experience working in the Cotton trading company;
- Good working knowledge of trading instruments, hedging strategies, options and contract terms, experience and expertise in ZCE cotton trading and risk management;
- Strong numerical and analytical skills;
- Good command of English and Chinese (written/ spoken);
- Outstanding communication and interpersonal skills;
- Influencing and relationship-building skills, strong customer engagement and management skills.
- Directly responsible for: Coordinating the cotton desk resources.
- Accountable for: market penetration, increasing customer intimacy, deploying sustainability programs and proactively managing counterparty risks.
- Financial responsibility: Contributing to financial results of cotton desk.
- We Are One Team - Collaborative, Respectful, Inclusive
- We Lead The Way - Agile, Empowered, Innovative
- We Do What's Right - Safety, Sustainability, With Integrity