Job Description

Job Purpose and ImpactWorking at Cargill is an opportunity to thrive\xc3\xa2\xc2\x80\xc2\x94a place to develop your career to the fullest while engaging in meaningful work that makes a positive impact around the globe. You will be proud to work for a company with a strong history of ethics and a purpose of nourishing people. We offer a diverse, supportive environment where you will grow personally and professionally as you learn from some of the most talented people in your field. With over 150 years of experience Cargill provides food, agriculture, financial and industrial products and services to the world. We have 150,000 employees in 70 countries who are committed to feeding the world in a responsible way, reducing environmental impact and improving the communities where we live and work. Learn more at www.cargill.com.Cargill Metals works with customers in the global trading, distributing and processing of raw materials and steel products; which includes iron ore, billets, hot rolled, cold rolled, wire-rods, and rebar. Cargill Metals\xc3\xa2\xc2\x80\xc2\x99 global presence enables it to serve miners, mills, processors and end users.Over the last few years, India became strategic for Cargill Metals from both a ferrous industry insight point of view as well as import-export hub for both steel and iron ore. For iron ore in particular, Cargill Metals now represents approximately 20% of the export market whilst being an importer of some specific iron ore grades required by the Indian steel mills. As part of the commercial organization, the Senior Merchant \xc3\xa2\xc2\x80\xc2\x93 Iron Ore will be responsible to further develop the Indian iron ore portfolio and unique market insights. For this, he/she will have to be deeply embedded in the India ferrous system, develop the right commercial strategy and smoothly manage the execution risks. A close collaboration with the other hubs in Singapore and Shanghai and the physical lead will be required. With the expected growth in Indian steel production and the challenges linked to decarbonization, the role has a clear growth trajectory in terms of scale and complexity of the portfolio which in turns provides a unique career opportunity and exposure to senior management.Key AccountabilitiesIndia Iron Ore Merchandising \xc3\xa2\xc2\x80\xc2\x93 70%

• Responsible for building the iron ore origination & sales book in the Indian market.
• Drive regional market strategy and key account management plans.
• Generating trading ideas with solid risk reward analysis.
• Responsible for all aspects of risk management with regards to trading execution, credit exposure and counter party performance
• Regular and timely collection of differentiated market insights.
• Build a strong Cargill Metals brand in Indian market by actively participating in Industry events
• Work closely with the broader Iron Ore/Metals team and all other stakeholders in the business and contribute towards building a strong collaborative work culture and winning together approach in the team.

Freight fixture \xc3\xa2\xc2\x80\xc2\x93 20%

• Responsible for freight fixture for FOB India flow to optimize the trade flows.
• Work closely with Cargill Ocean Transportation Team and Metals to create synergy and facilitate efficient communication.

Active contribution to other Business project/initiatives \xc3\xa2\xc2\x80\xc2\x93 10%

• Serve as a subject matter expert and provide a unique view of long-term industry trends such as Export-related regulation changes and Scenario planning.
• Lead and/or support various business projects by collaborating across functions.

Qualifications

• Bachelor\xc3\xa2\xc2\x80\xc2\x99s degree
• Minimum 5 years\xc3\xa2\xc2\x80\xc2\x99 experience in iron ore industry with a strong understanding of the market dynamics and existing client relationships
• Extensive product/market knowledge, especially about Indian ores and steel mills
• Basic understanding about freight market
• Able to generate insights and form a solid market outlook by working closely with customers, analysts, banks as well as various stakeholders within Cargill (ocean transportation, iron ore physical trading team and analytics).
• Ability to identify operational/credit risks and actively manage risks.

Cargill