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Commodity Trader

Posted 25 Mar 2024
Work experience
2 to 7 years
Full-time / part-time
Full-time
Job function
Degree level
Required language
English (Fluent)

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About the Job

Danone Cycles & Procurement are shifting our focus in procurement to fully support our “One Planet, One health” purpose. This change contains improving our ways of working on a variety of areas like Sustainability, Business Partnering, Supply Management, Procurement Excellence, and Digital Innovation.

In this role, you will responsible for hedging execution of OTC swap and options markets, within a mandate

aligned with CRM Manager, relevant Finance, Category and Business stakeholders. You will deliver and maintain risk management dashboard (exposure, positions report, coverage, performance against a benchmark, Budget impacts, Risks & Ops); review and challenge price forecasts with Market Intelligence team.

You will report to the Market Risk Manager and your key missions will notably include:

  • Support Risk Management Strategies & Coverage recommendations
  • Give market insights, benchmark, analytics (back trading simulations of different models) to support the design of risk management policies.
  • Develop coverage recommendations to CRM and Category teams.
  • Identify opportunities to change supplier contract terms (indexes & lags, etc.) to increase our financial hedging capability.
  • Explore hedging tools beyond OTC swaps and options.
  • Calculate and track commodity risk exposure; build relationships and commitment with stakeholders across the business to implement new risk management policies;
  • Manage relationships with banks;
  • Measure hedging performance vs benchmark and propose actions to correct sub-optimal behaviour, if any;
  • Partner with Market Intelligence team to analyze market trends and support price forecasting;
  • Monitor compliance of our financial positions with risk management policies and with hedge accounting rules (IFRS9);
  • Conduct risk education, financial derivatives usage and promotion of risk management approach across the business on an ad-hoc basis.

About You

To be successful in this role, you have a Master Degree, ideally with a deep knowledge of Procurement or Trading environment, analyzing global commodity markets, building technical analysis and forecasting models, using financial tools to mitigate price risk. You a great networker who can build relationships with key internal (Category, Market Intelligence, Controlling, Treasury) and external stakeholders.

We will welcome an open-minded, reliable, proactive and team-oriented person. Strong communication and technical skills are required to connect to other finance teams and manage financial forecasting and procurement complexity.

About Us

Danone’s mission is bringing health through food to as many people as possible and we want to invite people to join the movement for a healthier world. We recognize the power people have to impact the world through their daily choices. Healthy food needs a healthy planet, and this is what our new signature One Planet One Health embodies. Click here to discover more about Danone in the Benelux.

We Offer

At Danone, we offer a complete package of benefits, with a competitive primary salary and yearly bonus, but also benefits like a premium free pension, 30 days annual leave and several discounts on a collective health insurance and even on some of our products.

We believe that each time we eat and drink, we vote for the world we want to live in. This powerful idea is at the heart of the ongoing Food Revolution, a movement which is inspired by people who care about where their food comes from, how it was grown and how it impacts their health and the health of…


We believe that each time we eat and drink, we vote for the world we want to live in. This powerful idea is at the heart of the ongoing Food Revolution, a movement which is inspired by people who care about where their food comes from, how it was grown and how it impacts their health and the health of the planet.

Be innovative and entrepreneurial and the impact you could make might just amaze you. Join our movement for a healthier world. One Planet One Health BY YOU.

Foods & Beverages
Hoofddorp
Active in 2 countries
2,800 employees
50% men - 50% women
Average age is 35 years