18/01/23
London

Established in 1783, ED&F Man is an employee-owned agricultural commodities merchant with 5,500 people in 50 countries and annual revenue in excess of $8bn. We trade sugar, coffee, molasses, animal feed and pulses. Corporate responsibility is ingrained in our culture. We are passionate about sustainable production, take care to limit the environmental impact of our operations and actively support the communities in which we work.

We source or process raw, white and specialty sugars from over 40 producing countries. We sell to refineries, industrial users, wholesalers, retailers and consumers, offering local solutions though a number of in-country purchasing, sales and distribution businesses.

We have an exciting and rare opportunity for someone to join us as a Junior Commodity Derivatives Trader to work in a truly global environment within a leading commodity trading house and challenging and fast‐paced soft commodities industry.  This is a front office role and we are keen to recruit and develop a candidate who has the potential to run a significant proprietary trading book.

As a member of Bonsucro, all our processing operations and trading hubs have the highest sustainability credentials and we play an active role in developing the sustainability agenda.

Core Responsibilities:

  • Profitably manage a risk budget and develop your trading knowledge
  • Provide accurate execution of exchange traded derivative transactions for client pricing
  • Cover the desk during market hours 08:00 – 18:00
  • Assist with ad hoc research and analytics, risk statistics, strategy back testing, fundamental analysis etc
  • Support the trading team as required
  • Hone your understanding of global commodity markets in general and sugar specifically

Skills and Experience:

  • Ideally a 2:1 degree in a quantitative subject
  • Preferably +1 year derivatives or commodity trading related work experience
  • Strong accuracy and attention to detail
  • Self-starter who is happy working in a dynamic environment
  • Effective collaborator and team player
  • A keen interest in financial market dynamics
  • It would also be beneficial to have skills/knowledge in:
    • Programming skills Python/R/Matlab/VBA/SQL etc
    • An understanding of VaR and market risk management
    • Experience of physical commodity trading
    • Language proficiency in addition to English

And as an ever-friendly reminder: Researchers have found that men apply to roles when they meet an average of 60% of the criteria. Women and other underrepresented groups tend to apply only when they check every box. If you are interested, but don’t feel like you meet every single point on the job description, please still apply!

Essential Behaviours

Here at ED&F Man we are guided by our five company values: Respect, Integrity, Meritocracy, Client Focus and Entrepreneurship. Our values are underpinned by a set of essential behaviours, which form part of our performance management approach. Delivering on our objectives is very much about ‘what’ we do, but these essential behaviours also provide a guide and measure for ‘how’ we do things. Our performance essentials are Take Initiative, Self‐Management, Deliver Results and Collaboration.

Equal Opportunities Statement

ED&F Man is committed to promoting equal opportunities in employment. All qualified applicants will receive equal treatment without regard to race, colour, sex, gender, age, religion or belief, ethnic or national origin, marital or civil partner status, physical or mental disability, military or veteran status, sexual orientation, gender reassignment (identity, gender expression), genetic information or any characteristic protected by local law.

Application Form