Job Purpose and Impact
The Junior Merchant assists with commodity transactions, market monitoring, customer and supplier information gathering and execution of physical flows for a specific commodity or market. Under close supervision, this job supports the origination, buying and selling of commodities, tracks physical positions and contract information, collects routine market and supply demand insights and coordinates with cross functional and cross business teams to support efficient execution within defined risk parameters.
Key Accountabilities
- COMMERCIAL VALUE SUPPORT: Supports the origination, buying and selling of commodities to help achieve target volumes, margins and business performance for a specific commodity or market.
- COMMODITY POSITION & TRANSACTION MONITORING: Supports tracking of physical positions, contract exposures, lower risk cash positions and futures hedges, ensuring transaction information related to timing, volume, quality, specification and cost is accurate and timely.
- MARKET & SUPPLY DEMAND INFORMATION GATHERING: Collects and organizes routine information on supply and demand trends, pricing dynamics, logistics constraints, customer requirements, product specifications, sustainability considerations and market movements to support merchandising analysis.
- CUSTOMER & SUPPLIER RELATIONSHIP SUPPORT: Assists in developing customer, supplier, broker and market participant relationships by gathering information, supporting routine interactions and helping identify customer and supplier needs.
- MERCHANDISING STRATEGY EXECUTION SUPPORT: Supports execution and monitoring of short term merchandising plans for a specific commodity or market by preparing information, tracking activities and escalating issues or opportunities to more experienced team members.
- RISK & CONTROL PROCESS SUPPORT: Follows established risk management procedures, limits and controls related to market, credit, price, volume, futures hedge, contract and operational risks and escalates discrepancies, issues or potential risks as needed.
- CROSS FUNCTIONAL & CROSS BUSINESS COORDINATION: Coordinates routine information and execution support with logistics, supply chain, plant operations, finance, pricing, technical, trading, commercial, analytics and operational teams across businesses to support physical flows, contracts and merchandising activities.
- MERCHANDISING CAPABILITY DEVELOPMENT: Develops understanding of merchandising concepts, market dynamics, supply chains, physical flows, customer and supplier insights, sustainability considerations and risk management practices through on the job learning, coaching and feedback.
Qualifications
- With at least two (2) years relevant work experience in procurement, supply chain or commodity trading
- Graduate of a bachelor's degree in any relevant course
- Willing to be based in BGC, Taguig; onsite from Mon to Fri
