Senior Vice President - Edible Oils

Overview

To build out an edible oils/foods business within the existing fats & oils team and to increase income through expanding merchandising activities, expanding trade relationships, adding new clients, and expanding margins through value added services and deeper participation in supply chains.

Responsibilities

• Execute and manage the purchase and sale of commodities and related logistics in support of the Fats & Oils business line, within the operational and risk requirements of StoneX Commodity Solutions, LLC.
• Assist in the managing of day-to-day operations of the Fats & Oils, including coordination of front office activities, business development, acquisitions and strategy development.
• Develop strategies to grow the Fats & Oils merchandising business with an initial focus on edible oils for food manufacturers.
• Identify strategic opportunities, including but not limited to, off-take agreements, supply agreements, asset optimization, procurement agreements.
• Leverage trade relationships and industry knowledge to provide synergies across the feedstock supply business and strengthening client relationships.
• Open new markets for new edible oil products and supply relationships – both domestically and internationally.
• Analyze individual client operations to determine market exposure, price sensitivity and financial risks.
• Cross-sell other products and services
• Assist in collection of valuation data and supporting documentation for commodity inventory and forward contracts
• Assist in the monitoring and managing of daily operations of the fats & oils portfolio, including risk limits, delivery schedules, trade documentation and trade settlement.
• Communicates with necessary departments within the company such as operations, credit, and compliance, and risk.
• Conducts meetings with personnel to discuss markets, clients, services, industry and other pertinent information.

This list of responsibilities may not be all-inclusive and can be expanded to include other duties or responsibilities as needed.

Qualifications

• Bachelor’s degree
• Minimum 10 years in edible oils and commodity merchandising
• Ability to exercise good judgment in assessing opportunities and risk
• Self-starter and entrepreneurial
• Strong quantitative and analytical skills
• Ability to not only work in a team environment, but also ability to build a team
• Excellent interpersonal skills as well as verbal and written communication skills
• Travel as needed