Procurement Specialist - Commodity Risk Management Trader (Packaging & Energy)

Scope: Full time, Global

Location: Spain - Barcelona

Terms & Conditions:

If you are in the Unilever Ice Cream business or consider choosing to work for the Unilever Ice Cream business, you will work for the Global, leading Ice Cream player with €7.9bn Turn Over in 2023. The Ice Cream business is operating in a highly attractive category, as we are part of the 1 trillion snacking and refreshment industry, growing consistently at high pace. We have strong brands equities: 5 of top 10 selling brands including Wall’s, Magnum, Ben &Jerry’s. We are investing to unlock the full growth potential of Ice Cream as a standalone entity, once we separate from Unilever, which is planned to happen by November 2025.

Ice Cream has distinct characteristics from Unilever’s other operating businesses and the growth potential of Ice Cream will be better delivered under a different ownership structure. As Ice Cream company we are committed to developing and nurturing talent within our Ice Cream company. You will have ample options for career growth and exploration, allowing you for you to explore roles and opportunities across the new organisation. Your career development will be a priority for us, and we are dedicated to supporting your growth journey within the new company. We hope that you will want to build the new chapter of our Ice Cream history together with us.

Unilever Ice Cream is the largest global Ice Cream Company in the world, with over 100 years of experience delivering a diverse range of indulgent, yet responsible, craft food experiences and treats delighting consumers. Committed to innovation, quality, and sustainability we have 35 brands, including 3 one billion Euro brands (Magnum, Wall’s, Ben & Jerry’s), a strong presence in over 60 countries, generating annual revenue of over $8 billion. All brands are driven to transform moments into memories through indulgent yet responsibly made and marketed products. We have a well-developed strategy to deliver growth and value creation which is clear on where to play and how to win.

We turn the ordinary into the extraordinary by designing unique and innovative Ice Cream experiences that make life taste better, creating joyful experiences. In our Ice Cream business, we’re crafting the future through innovation and imaginative minds, creating unique products. We spark moments of happiness for people and within the communities where we operate. However, it is not as simple as it may seem. As Ice Cream makers we are serious about happiness. With warm hearts, we create the coolest products.

JOB PURPOSE

Are you interested to:

• Provide market analysis of physical and derivative products,

• Run frequent price and volatility forecasting,

• Implement hedging strategies through use of listed derivatives, OTC products, or proxy hedges in compliance with internal policies and hedge accounting principles?

  Then this role is tailored for you.

KEY RESPONSIBILITIES

• Conduct fundamental research and analyze trends in Energy and Packaging - and related macro markets and provide market price forecasts for all materials under scope – generate insights from all known sources and communicate to the business and CRM group.

• Address the business risk exposure under all aspects of price, duration, and volatility.

• Show diligence in the reporting accuracy of coverage, and work with middle office and operations teams to drive for timely and accurate reports.

• Lead in the expansion of the portfolio and explore proxy hedging through related commodities.

• Partner with procurement buyers and provide guidance in the physical procurement process, supplier negotiations, and contracting.

• Develop a strong industry network with suppliers, traders, and gather intelligence from market reports.

•  Show curiosity to understand the business context in each market and provide relevant solutions.

WHAT YOU NEED TO SUCCEED:

SKILLS & LEADERSHIP BEHAVIORS REQUIRED:

• In-depth market knowledge and experience in Energy and Pack markets.

• Highly numerate with strong excel skills and passion for fundamental and quantitative analysis.

• Clear communication skills with ability to concise complex market knowledge into simplistic information – keep it short and precise.

• High achieving, independent individual with strong problem-solving skills and entrepreneurial spirit.

EXPERIENCES & QUALIFICATIONS:   

• A minimum of 2 years of experience required in Risk Management, Trading, Research or Procurement

• University degree in Economics, Finance or Engineering

• Limited travel may be required

Additional Information:

• Hybrid Work (you can work from home 2/3 days per week)

• 4 weeks of Flex Work per year: Opportunity to work remotely for the entire week without coming into the office.

• Flexible hours: Work hours with a wide range of starting and ending times to accommodate your needs.

• Restaurant Card and canteen service in our offices.

• Parking: Possibility of parking at the offices at a reduced cost and with free electric chargers.

• Online language courses.

• Wellbeing Programs: Resources and activities to promote physical, mental, emotional, and purposeful wellbeing.

• Online store with exclusive discounts on UL products and other recognized brands.

• And many more!

Disclaimer

Equal Opportunity Employer: Unilever is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, or any other basis protected by applicable law, and will not be discriminated against based on disability. 

En tant qu'employeur responsable et inclusif, Unilever est attentif à la diversité et à la mixité de ses équipes. Nos recruteurs sont engagés et veillent à l'application de processus de recrutement non-discriminants.

Tous nos postes sont ouverts aux personnes en situation de handicap et Unilever accompagne ses collaborateurs dans la mise en place d'éventuels aménagements de poste et de dispositifs d'accessibilité.