Commodity Analyst

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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.

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

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.

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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.

We're all about the little helps. That's why we give our wonderful colleagues bags of benefits. Including wellbeing services, an award-winning pension scheme and much, much more, our colleague reward package keeps on giving. And helps make every day a little better for you and your family. These include but are not limited to:

Colleague bonus scheme
Holiday starting at 25 days plus a personal day (plus Bank holidays)
Buy holiday salary sacrifice scheme (for salaried roles)
Retirement savings plan - save between 4% and 7.5% and Tesco will match your contribution
Life Assurance - 5 x contractual pay
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 4 weeks fully paid paternity leave
The right to request flexible working from your first day with us
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
A Colleague Clubcard for you & a family member (after 3 months of service), giving you access to lots of discounts in-store & online
Great colleague deals and discounts, saving you money on everyday purchases, eating out and utility bills for the home
Access to our colleague networks providing a space for colleagues to come together from a range of backgrounds. For more information about our colleague networks please click here
Opportunities to get on - take advantage of our ongoing learning opportunities and award-winning training, to help you achieve the job and career you want