Commodity Analyst - Tesco
About the role
At Tesco, we believe in the power of spending more time together, face to face, than apart. So, during your working week, you can expect to spend 60% of your time in one of our office locations or local sites and the rest remotely. That being said, we also know life looks a little different for each of us.Some people are at the start of their careers, some want the freedom to do the things they love. Others are going through life-changing moments like becoming a carer, nearing retirement, adapting to parenthood, or something else. That’s why at Tesco, we always welcome a conversation about flexible working.
So, talk to us throughout your application about how we can support.
Are you passionate about commodities, retail, and the economics of global supply chains?
This role will offer the chance to develop world class commodities expertise and exposure to and experience of working with the commercial buying teams at Tesco. You will develop analytical and communications skills whilst learning about the fundamental drivers of global commodity pricing and their part in manufacturing of FMCG goods.
The Commodity Price Risk Management team at Tesco is at the leading edge of commodity risk within the retail sector. As a Commodity Analyst you will play an integral role in this team. The role provides a fantastic opportunity to grow in a fast-paced environment and help to reshape the way we work with suppliers, manage risk and drive efficiencies across the business.
This Commodity Analyst position reports into the Commodity Manager responsible for the soft commodities portfolio (e.g. Cocoa, Coffee and Sugar).
You will be responsible for- You will be accountable for developing deep fundamental and technical market analysis,
- Research and build detailed commodity supply and demand models,
- Contribute to the design of hedging and risk mitigation strategies,
- Ensure timely execution of strategies,
- Take ownership of accurate position reporting, detailing exposures and abiding by governance policies and framework.
- You will have the opportunity to support key supplier negotiations through insights.
You will need
This role is an excellent opportunity for someone with professional experience in a commercial environment or an analytical or financial background. The candidate should have a Bachelor’s degree in Economics, Maths, Finance, Engineering or equivalent.
Operational Skills needed for this role:
- Inquisitive
- Enthusiastic
- Strong analytical skills
- High attention to detail
- Passionate about global economics and interdependencies
- Knowledge of commodity markets or trading environments
- Ability to operate in a fast-paced culture of change
- Presentation skills
- Stakeholder management
#LI - EF1
#LI - Hybrid
What’s in it for you
We’re all about the little helps. That’s why we make sure our Tesco colleague benefits package takes care of you – both in and out of work. Click Here to find out more!- Annual bonus scheme of up to 10% of base salary
- Holiday starting at 25 days plus a personal day (plus Bank holidays)
- 26 weeks maternity and adoption leave (after 1 years’ service) at full pay, followed by 13 weeks of Statutory Maternity Pay or Statutory Adoption Pay, we also offer 6 weeks fully paid paternity leave
- Free 24/7 virtual GP service, Employee Assistance Programme (EAP) for you and your family, free access to a range of experts to support your mental wellbeing
About us
Tesco has become a market leader by doing the little things that really matter for our customers and colleagues.
It’s part of what makes Tesco such a great place to work, and we’re proud to have been accredited as one of Britain’s Top Employers again this year.
We're the UK's number one retailer and we pride ourselves on offering a great shopping experience. We are passionate about our food, merchandise and services and will always try to get things right for our customers.
But did you know we also offer great job opportunities? With stores, distribution centres and offices across the UK, and a vast variety of roles, we are always looking for people who have a hunger to work with customers and colleagues across our exciting business.
We believe in treating each other with respect and giving everyone an equal opportunity to get on. It's our people that make the difference every day - helping us make a difference for our customers
Should you be successful in your application, your offer will be subject to and conditional upon you providing your bank account details before your agreed start date.
For more information about us please visit www.tescoplc.com