Commodity Market Analyst

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Market Research Analyst (grains)

Nestrade Procurement Division, Panama 

Undefined period of time, 100% 

There is no better time to join our Global Procurement Team!

The combination of a rapidly-evolving world around us and the successful implementation of our new procurement model make it an incredibly exciting time to join us. Sustainable practices, transparency, and innovation will drive the success of our organization into the future and we want you to be part of this! 

Position:

We are currently looking for a highly competent Commodity Market Research Analyst based in Panama. In this position, you will be responsible for developing cereals and grains commodity markets insight by gathering news and data and analyzing them to produce forward-looking research. The focus will be on grains markets. In addition, you will be supporting the cereals and grains team in building their buying strategy. 

Procurement at Nestlé:

As strategic partner of the business, we help the company achieving sustainable growth and we ensure responsibly-sourced supply and value creation. Located in hubs in Switzerland, Panama and Malaysia, our division provides a range of services, including the management of procurement for specific raw materials, packaging, indirect materials and other services. We also support markets with managing local spend. For you, this will be the opportunity to become a real strategic partner – delivering sustainable value and working with the business, for the business.

What will be your key responsibilities?

  • Build detailed fundamental supply and demand database and models for grains categories (corn, soybean meal, wheat)
  • Monitor key macroeconomic and category specific indicators
  • Support the procurement teams in defining the hedging purchasing strategy of a specific category
  • Produce regular reports and ad hoc analysis based on market developments
  • Leverage data analytics to automatize market updates and price models.
  • Present data and findings to internal stakeholders

What is required?

  • Bachelor’s degree in economics, statistics, mathematics. A Master’s degree is a strong asset.
  • Prior experience, notably in grains or agri-commodities in banks, trading house or producers
  • Strong analytical and quantitative skills and strong knowledge of:

o MS Excel and Power Point

o Previous experience in building commodity forecasting (econometric) models.

o Interactive Data Visualization tools (Power BI) is a plus.

o Programming (Python, SQL, Java or C++ is a plus) is a plus.

  • Strong written and verbal communications skills in English. Spanish is an advantage

What we offer?

  • A role with responsibility and global impact
  • An attractive and dynamic international working environment
  • Consistent opportunities for training and development
  • Modern “smart office” locations providing agile & collaborative work spaces

What are we looking for?

We are looking for a highly people-oriented candidate with excellent analytical and communication skills and the ability to influence and collaborate with individuals across a complex organization.

If your profile matches our needs we will be looking forward to receive your application in English. Please visit www.nestle.com/jobs and apply in English.

The Nestlé Group is the world’s largest food and beverage company with 91.4 billion Swiss Francs in sales in 2018. It is present in 190 countries around the world, has 413 factories and its 308,000 employees are committed to Nestlé’s purpose of enhancing quality of life and contributing to a healthier future. Nestlé offers a wide portfolio of products and services for people and their pets throughout their lives. Its more than 2000 brands range from global icons like Nescafé or Nespresso to local favourites. Company performance is driven by its Nutrition, Health and Wellness strategy. Nestlé is based in the Swiss town of Vevey where it was founded more than 150 years ago. Learn more about our Group and reasons to join us on www.nestle.com.

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