Commodity Analyst - 6 -12 Month Secondment

tesco/TP/2601452/646891

The job has expired.

Number of Positions:
1
Contract Type:
Fixed Term
Salary:
Competitive
Working Hours:
36
Location:
Shire Park, Welwyn Garden City, Hertfordshire
Closing Date:
24/09/2021
Job Category:
Strategic Sourcing
Business Unit:
GB Head Office

What’s in it for you

We offer excellent benefits that help make Tesco a great place to work.  These include but aren’t limited to:

  • Annual bonus scheme
  • Holiday starting at 25 days plus a personal day (plus 8 Bank holidays)
  • On-site state of the art gym at our Welwyn Campus with discounted “Gympass” membership & free health checks via Nuffield Health
  • Retirement savings plan - save between 4% and 7.5% and Tesco will match your contribution
  • Life Assurance - 5 x contractual pay
  • Share Schemes – Join our ‘Buy As You Earn’ & ‘Save As You Earn’ share schemes after 3 months service
  • Colleague Clubcard (including a 2nd card for a family member) after 3 months service
  • Colleague Discounts:
    • 10% increasing to 15% after every pay day for a four day period, off most purchases at Tesco
    • 10% off One Stop
    • 10% off pay monthly & SIM only deals with Tesco Mobile
    • 20% off all F&F purchases
    • 20% off car, pet and home insurance at Tesco bank. T&C’s apply
    • 25% off Tesco Café
    • 50% off complete glasses purchases & free eye tests (other offers available) at Vision Express
    • 50% off health checks at Tesco Pharmacy
  • An exclusive deals and discounts website saving you money on everyday purchases, treats for the family, eating out and utility bills for the home
  • Cycle to work scheme
  • Shuttle Bus Service to/from Welwyn Garden City Station to Welwyn Campus
  • 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
  • Our Employee Assistance Programme helps you deal with life’s challenges
  • Financial wellness - Tesco has partnered with experts to help you make the most of your money
  • Get involved in a range of fundraising activities with our long-term charity partners

About the role

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.

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 & framework.
  • You will also 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
  • Passionate about global economics and interdependencies
  • Knowledge of commodity markets or trading environments
  • Ability to operate in a fast-paced culture of change
  • Retail Experience
  • Presentation skills
  • Stakeholder management

About us

Tesco has become a market leader by doing the little things that really matter for our customers and colleagues. It is part of what makes Tesco such a great place to work!

We are 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, we have a vast variety of roles and 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.

We are proud to have an inclusive culture at Tesco where everyone is welcome and truly feels able to be themselves. At Tesco, we not only celebrate diversity, but recognise the value and opportunity it brings to enable us to serve our shoppers a little better every day. We strive to create a workforce that reflects our customers not only here in the UK, but worldwide. Our aim is to attract and welcome a diverse range applicants from all walks of life, offering many varying working patterns across our business and we would love to hear from you!

It remains that Shire Park is our central location for Head Office teams. We have recently announced that we will be moving towards a more blended working week – combining office and remote working.  Our base will be the office, where we connect, collaborate and innovate – and there will be the expectation for everyone to be in the office more often than not. For Head Office roles we therefore expect colleagues to spend a proportion of their time at our offices in Shire Park.

We are supportive of colleagues having conversations with hiring managers about what office presence will look like in the context of the role.

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.