At a Glance
- Tasks: Support trading operations and maintain accurate data in SAP and ITAS systems.
- Company: Join the world's largest cane sugar refiner and marketer, ASR Group®.
- Benefits: Gain exposure to senior leadership and enjoy excellent career growth opportunities.
- Other info: Collaborative environment with a focus on learning, development, and sustainability.
- Why this job: Be part of a dynamic team focused on trading and market analysis in a thriving industry.
- Qualifications: Strong Excel skills and a passion for trading; experience in sugar contracts is a plus.
The predicted salary is between 63000 - 77000 £ per year.
The ASR Group® family of companies make up the world’s largest refiner and marketer of cane sugar.
The companies produce a full line of grocery, industrial, foodservice and specialty sweetener products.
Across North America, ASR Group® companies operate five sugar refineries, located in California, Maryland, Louisiana, Canada and Mexico.
In Europe, ASR Group® companies operate sugar refineries in the United Kingdom, Portugal, and, with a joint venture partner, Italy.
The companies also farm sugarcane and own sugar mills in Mexico and Belize.
The ASR Group® portfolio includes the leading brands Domino®, C&H®, Florida Crystals®, Redpath®, Tate & Lyle®, Lyle's®, Sidul® and Whitworths®.
ASR Group® companies also produce and market Tellus®, a single-use, compostable tableware and foodservice product made from plant fibers, including sugarcane.
Position Summary
This role will give the right person excellent career growth through exposure to senior leadership, diversity of trading and a focus on learning & development.
You'll focus on a mixture of trading (currency, sugar, commidities and energy etc) as well as reporting on pricing & market updates.
- POSITION SCOPE
- To support the Global Sugars Group’s (GSG) ITAS and SAP systems and to ensure they are correct
- To support the integrity of the GSG trading books
- To ensure data is inputted correctly to SAP and ITAS and to maintain the accuracy of the interface between SAP and ITAS
- To review and support GSG London in creation, execution and filing of raw sugar contracts, deeds and addendums
- To be able to execute FX and F&O trades externally in the financial markets
- To be able to run and edit the desks complex excel reports
- To open all new sales in ITAS and SAP for the desk from the Sales team
- To send all daily reports to the company from the desk
- POSITION STRATEGIC OBJECTIVES AND KEY DELIVERABLES
- Smooth and accurate running of the GSG SAP & ITAS system
- Promote understanding of ASR’s way of working and systems where appropriate.
- Ensure all trades are recorded throughout the day
- Assist in developing strong relationships with all relevant suppliers and consumers
- Client satisfaction
- No breaches or failures in complying with TLS/ASR Risk Policy, Treasury policy and other internal and external requirements.
- Good inter-company relationships.
- Detailed Roles & Responsibilities
- Enter and maintain contracts with particular attention to the flow of entries required to properly track London and Lisbon refinery sales back to the GSG book
- Assist GSG to ensure ITAS and other systems properly reflect GSG positions
- To provide cover for the Manager, Derivatives Trading (MDT) and in their absence, to accurately execute futures and currency trades as required from physical sales and customers
- Participate in ITAS training for the GSG team
- Have involvement in development of system improvements as mandated by the business
- Ensure up to date contracts are signed with all counterparties and that those contracts are in line with ESH and ASR policy
- Assist in the analysis of the GSG book and illustrate how the traders can save/make money through efficiencies in the book.
- Assist shipping operations/customer service with running and communicating shipping programs for GSG counterparties for white sugar.
- Liaise with and provide support to the refinery sales teams; ensure their sales to come are communicated to the MDT at least fortnightly for inclusion in the Guide to Buyer.
- Liaise with trading desk to review pending contracts. Monitor their passage through the legal and approval processes, file and ensure a complete record is maintained.
- Risk Accountabilities
- Comply with the Trading Risk Policy
- Identify material risks inherent and communicate counterparty credit events to Risk management and GSG.
- Manage the submission if counterparty information to Risk management for credit analysis and review purposes
- Assist in the proactive monitoring of risk exposure as limits are being approached or in anticipation of planned transactions that would increase risk exposure beyond established risk tolerances
- Assist in the obtaining of approval from Legal and Compliance for any risk- associated changes to standard contractual terms.
- Essential Capabilities (knowledge, Skills, Abilities And Personal Attributes)
- Good knowledge of sugar contract terms (SAL, RSAL, ICE) including good knowledge of terms of sales / buyers / constraints / anomalies in the sugar trade (preferable but not essential)
- Good communication, presentation, influencing, interpersonal and numerate skills.
- Attention to detail and time management
- Highly organised
- A real team player
- Strong Excel knowledge (writing Macros preferable)
- Ability to work under pressure
- Strong problem solving skills
At Tate & Lyle Sugars, our goal is to be the most admired sweetener Company.
Service Excellence -
Be the industry's Gold Standard by a relentless focus on reliability, providing products with superior quality and excellent customer services.
Efficiency and Sustainability -
Eliminate inefficiency to be a sustainable, low cost producer and to generate fuel for reinvestment.
Value-Add - create strategic advantage and enhanced profitability through value-added products and services. The foundation of our values is
Talent and Culture as we aim to build, retain and motivate a winning team.
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Trading Associate employer: Tate & Lyle Sugars
ASR Group is an exceptional employer, offering a dynamic work environment at our Normanton site where you can lead high-performing warehouse and e-commerce operations for iconic brands. We prioritise employee growth through comprehensive training and development opportunities, fostering a culture of engagement and teamwork while ensuring adherence to safety and quality standards. Join us to be part of a global FMCG leader that values innovation and excellence in every aspect of our operations.
StudySmarter Expert Advice🤫
We think this is how you could land Trading Associate
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
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Don’t shy away from reaching out directly to firms like Tate & Lyle Sugars. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Trading Associate
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Tate & Lyle Sugars.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Tate & Lyle Sugars's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Tate & Lyle Sugars
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Tate & Lyle Sugars.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Tate & Lyle Sugars will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Tate & Lyle Sugars employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
