Trader – Europe (EEX) - Singapore - 12199 - Fonterra

General Information

Date Published

23-Jun-2025

Advertising Ends

07-Jul-2025

ID#

12199

Role Type

Trades and Services

Work Type

Permanent Full-Time

Workplace Type

Hybrid

Country

Singapore

Location

Singapore

Position Description

Strong trading track record in derivatives, commodity or physical trading
Good stakeholder management skill
Strategic/lateral thinking and well developed numerical analytical ability
Excellent negotiation and decision-making skills

Role purpose

The role of Trader – Europe is primarily focused on trading on the European Energy Exchange (EEX) for the purpose of:

Profitably trading approved derivative contracts for value within the market, term and financial limits established by the Senior Trader, while providing trade support across other markets (CME, SGX) as and when required
Developing, creating and executing trading and risk management methodologies that maximise the value of the Fonterra Commodities Ltd portfolio
Supporting market development plans for the EEX (primary) and other dairy markets through a range of on screen and off screen projects
Integrating the use of financial markets into the wider business (specifically physical markets) through increased awareness & understanding of our activity
Eventually taking a leadership and educator role in driving initiatives that enhance Fonterra’s value-proposition to customers
This is an exceptional opportunity for an individual looking for a flat trading environment and a desire to create extensive value with an entrepreneurial mindset. We are committed to creating an environment which is rewarding, enables one to bring their best-self to the table whilst driving value for the company and our shareholders.

Key Accountabilities
Trading

Accountable for leading trading strategies for the EEX book within allocated risk frameworks and own the individual trading P&L. The role has a full mandate to trade spreads with other markets and potentially take positions in other markets to delta hedge EEX positions, if necessary.
To ensure that positions held remain within defined controls for position size, VaR and risk capital consumed and ensure any corrective actions are implemented and documented.
To regularly review performance of the Trading portfolio and aid a team dynamic that is focused on maximising revenue generation from the groups allocated risk capital.

Market Development

To actively engage with our customers and other potential market participants to drive increased participation in the financial markets.
To actively communicate with the financial market (brokers, banks & exchanges) and support the education of that sector, to stimulate activity and increase participation in the developing dairy markets.
To make prices in the developing exchange traded & OTC dairy markets as required.
To participate in any Market Development projects that promote the use or financial markets in the dairy industry

Systems & Controls

Operate in accordance with the Commodity Risk & Trading Manual & support deal booking across the team. A 100% compliance to processes and controls is absolutely necessary. Support the development and use of systems and the review process for recommendations around changes.
To ensure accurate deal entries through trade reconciliation.

Relationship Management

Develop relationships across the business to ensure Commodity Risk & Trading captures information that supports decision making for both the portfolio and trading activity.
Drive the development of relationships with our customers through on-going discussion on ways in which we can transact that support their risk management objectives, or through tailored Risk solutions to the business through Risk & Commercial Solutions activity.
Create tools and develop approaches to use financial instruments that support management of the risk in the Fonterra Commodities Ltd portfolio, and more broadly for Fonterra Ltd.
Provide recommendations on hedging opportunities.
Be the window to market to the European market for wider Fonterra – communicating information and insights to support S&D development and trading/hedging ideas
Provide pricing advice and support to the Risk & Commercial solutions team.

About You

A degree in a quantitative discipline, ideally finance, Economics, or Engineering is preferred
A strong trading track record. Whilst commodity trading experience is preferred, candidates with trading experiences across other asset classes are welcome to apply
High level of understanding of how commodity markets work, value-drivers desired. The role focuses on derivatives, however candidates with strong physical trading experience will also be considered
Having a sound view of how risk-taking and positions are initiated (thought process), executed and exited through fundamental and technical approaches
Passionate, energetic, resilient, adaptable, candid, open, decisive and able to learn.
Stakeholder management - ability to build relationships and credibility at all levels within the business and in the wider financial community
Strategic/lateral thinking and well developed numerical analytical ability
Excellent negotiation and decision-making skills
International mobility is key as strong performance in this role could eventually lead to international assignments to enhance the incumbent’s career development within Fonterra

Our Co-operative

Te Mātāpuna toa takitini

Fonterra’s strength is in the collective.

We are a Co-operative created and owned by Aotearoa New Zealand dairy farmers. Our rich history is built on farming families working together to share the natural goodness of our dairy with the world.

Collaboration, innovation, and passion was the cornerstone of our creation and something we continue to value today through our commitment to care for the land, our animals, and every drop of milk. Our milk creates goodness through nutritious food with safe, quality ingredients that are loved here in New Zealand and around the world.

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Trader – Europe (EEX)

General Information

Position Description