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- Tasks: Lead sugar trading strategy and manage key business channels for commercial success.
- Company: Join British Sugar, a top beet processor with a strong market presence in the UK and beyond.
- Benefits: Enjoy competitive salary, career growth opportunities, and a dynamic work environment.
- Why this job: Be part of a critical role that drives profitability and market expansion in a global industry.
- Qualifications: Extensive experience in commodity trading, strong relationship-building skills, and financial acumen required.
- Other info: Willingness to travel extensively across Europe and globally is essential.
The predicted salary is between 54000 - 84000 £ per year.
British Sugar is a home-grown success story and one of the most efficient and competitive beet processers in the world. Around 3,500 farmers based in East Anglia and the East Midlands supply our four advanced manufacturing sites with eight million tonnes of sugar beet every year. We, in turn, make this in to over 1 million tonnes of sugar, serving customers across the UK, Ireland and increasingly growing commercially in the EU and world sugar markets. Job Purpose The Senior Trading Manager is a critical role responsible for leading the sugar trading strategy and ensuring the commercial success of key business channels, including imports, exports, and index-linked contracts. The role requires a deep understanding of global and European sugar markets, strategic decision-making skills, and the ability to build strong relationships across global networks. The successful candidate will play a key role in driving profitability, enhancing market intelligence, and developing commercial strategies in alignment with business objectives. Accountabilities Market Analysis & Strategy Conduct World Market and EU Market analysis to inform forecasting strategies and tactical initiatives. Provide expert market insight and understanding to support strategic business decisions. Identify and capitalise on commercial opportunities based on deep market intelligence. Trading & Commercial Strategy Lead the sugar trading strategy and oversee business unit spending in excess of £30m. Develop and execute hedging recommendations for index-linked contracts. Drive commercial strategy for index-linked contracts, ensuring sound execution of hedging decisions. Own the export sales process and manage new customers, working closely with government agencies where applicable. Contracting & Supplier Management Lead contract discussions with pan-European and global multinational customers. Build and manage strategic trading relationships across Europe and globally. Own the imported sugars business, including sourcing new suppliers and managing P&L accountability. Capability Development & Team Leadership Act as the subject matter expert on futures trading, coaching and upskilling the wider sales team. Develop the team's capability in futures positions and market trend analysis. Serve as a role model for company values and behaviours. Strategic Expansion & Market Growth Identify and develop new geographical markets, leveraging a strong strategic mindset. Influence at the highest levels, up to CEO level, to drive market expansion. Knowledge, Skills and Experience Extensive experience in global commodity trading, ideally within the sugar or agricultural markets Strong expertise in hedging strategies and index-linked contract management Proven ability to develop and execute commercial trading strategies. Excellent relationship-building skills with a global network of customers, suppliers, and industry stakeholders. Ability to analyse and interpret market trends to inform trading decisions. Strong financial acumen with P&L ownership experience. High level of resilience, adaptability, and problem-solving ability. Exceptional leadership skills, with a track record of coaching and capability development. Willingness to travel extensively, including across Europe and long-haul destinations. Role model leadership and live our values Clear direction Clarity on how my role & area impact business strategy. Priorities are defined & communicated to the team. Establishing KPIs to drive performance with the right behaviours. Ensuring objectives are aligned to business targets. Empowered & Enabled Ensure there is clarity on decision-making. Defining and living clear accountabilities. Trusting my team to deliver. Ensuring my team has the capability needed to be successful. Feedback Reaching in. Openly celebrating success. Reinforcing positive behaviours. Providing constructive feedback. Having quality performance & development discussions. Staying safe Keep myself and my team safe. Challenge unsafe behaviours and actions. Encourage my team to speak up. Be visible and show a genuine interest in safety. Empower my team to find safe and simple ways to make things happen. Driving to Action Be clear about the actions and behaviours expected. Remove waste and improve efficiency. Be cost concious. Hold others accountable for decisions that help us achieve our targets. Working together Always with the customer in mind spot and act on any negative actions. Encourage cross-functional teamworking. Develop relationships across team to create win/win solutions. Use my network to share and champion ideas. Respecting Each Other Listen to others. Demonstrate respectful behaviours that enable high performance. Treat people fairly and encourage different views. Ask people from other functions for their input and advice. Open & Flexible Challenge barriers and find ways to remove them. Coach my team to overcome barriers and find solutions. Find new and better ways to do things
Senior Trading Manager employer: British Sugar PLC
Contact Detail:
British Sugar PLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Trading Manager
✨Tip Number 1
Make sure to stay updated on global and European sugar market trends. Follow industry news, reports, and analyses to gain insights that can help you during interviews and discussions with us.
✨Tip Number 2
Network with professionals in the sugar and agricultural markets. Attend industry events or join relevant online forums to build relationships that could give you an edge in understanding market dynamics.
✨Tip Number 3
Demonstrate your expertise in hedging strategies and index-linked contracts during conversations. Be prepared to discuss specific examples of how you've successfully managed these in past roles.
✨Tip Number 4
Showcase your leadership skills by discussing how you've developed teams in previous positions. Highlight any coaching experiences that align with our values and the role's requirements.
We think you need these skills to ace Senior Trading Manager
Some tips for your application 🫡
Understand the Role: Before you start writing your application, make sure you fully understand the responsibilities and requirements of the Senior Trading Manager position. Highlight your relevant experience in global commodity trading and your expertise in hedging strategies.
Tailor Your CV: Customize your CV to reflect the skills and experiences that align with the job description. Emphasize your ability to analyze market trends, manage P&L, and build strong relationships with stakeholders.
Craft a Compelling Cover Letter: Write a cover letter that showcases your strategic mindset and leadership skills. Discuss specific examples of how you've successfully driven commercial strategies and expanded markets in previous roles.
Showcase Your Leadership Experience: In your application, be sure to highlight your experience in coaching and developing teams. Provide examples of how you've acted as a role model and fostered a culture of safety and collaboration.
How to prepare for a job interview at British Sugar PLC
✨Show Your Market Knowledge
Demonstrate your understanding of global and European sugar markets during the interview. Be prepared to discuss recent trends, challenges, and opportunities in the industry, as this will showcase your expertise and strategic thinking.
✨Highlight Your Relationship-Building Skills
Since the role requires strong relationship management, share examples of how you've successfully built and maintained relationships with customers, suppliers, and stakeholders. This will illustrate your ability to navigate complex networks.
✨Discuss Your Commercial Strategies
Be ready to talk about your experience in developing and executing commercial trading strategies. Provide specific examples of how your strategies have driven profitability and market growth in previous roles.
✨Emphasize Leadership and Team Development
As a Senior Trading Manager, you'll need to lead and develop your team. Share your experiences in coaching others, enhancing their capabilities, and fostering a positive team environment that aligns with company values.
