Commodity Analyst

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 grains commodities portfolio, but the position may cover a range of agricultural commodities (eg: grains, dairy, oilseeds, softs).

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:

Our vision at Tesco is to become every customer's favourite way to shop, whether they are at home or out on the move. Our core purpose is 'Serving our customers, communities and planet a little better every day'. Serving means more than a transactional relationship with our customers. It means acting as a responsible and sustainable business for all stakeholders, for the communities we are part of and for the planet.

We are proud to have an inclusive culture at Tesco where everyone truly feels able to be themselves. At Tesco, we not only celebrate diversity, but recognise the value and opportunity it brings. We're committed to creating a workplace where differences are valued, and make sure that all colleagues are given the same opportunities. We're a big business with diverse working patterns and many business areas which means that we can find something that works for you. Everyone is welcome at Tesco.

We have recently announced that we will be moving towards a more blended working week – combining office and remote working. Our offices will continue to be where we connect, collaborate and innovate. Please talk to us to about how this can work for you.

NOTE: Should you be successful in your application, your offer will be subject to and conditional upon you providing your bank account details on your agreed start date.

We're proud to have been accredited Disability Confident Leader and we're committed to providing a fully inclusive and accessible recruitment process. For further information on the accessibility support we can offer, please visit https://www.tesco-careers.com/accessibility