Manager - Physical Trading Copper LATAM

CONTEXT

The purpose of the Marketing BU is to sustainably maximise cash flows from the marketing of Anglo American products and services. In support of this we have set ourselves a target to deliver a considerable uplift in Value by 2030.

The Base Metals Marketing teams is a critical and significant contributor to the Marketing EBIT target. Critical in the delivery of the BM strategy is the role of Marketing Sales and Trading within risk tolerances and governance frameworks.

PURPOSE

The Base Metals (BM) book is an expanding book given the role that BMs will play in a more sustainable future. This should see the team grow the 3rd party supply of the core commodities (i.e Copper concentrate and related products including Moly and acid) as well as the services we provide our clients.

As manager of physical trading role focused on driving 3rd party sourcing strategy in the region while working closely with the global book to grow the copper concentrate portfolio. Managing all client relationships understanding the required material solutions and agreeing commercial terms for buying and selling of all products in line with our Risk Governance and Compliance frameworks.

KEY TASKS

Leadership

• Support personal and professional development of direct reports and employees once removed.
• Ensure team fully understands the Physical trading strategies with focus on 3rd party sourcing for Copper and related by products and how they contribute towards achieving it.
• Foster working relationships and interactions beyond immediate team to maximize commercial synergy and career development opportunities across the Marketing BU.
• Support and work alongside the Head of Copper in shaping the Marketing culture and lead by example to embed the Marketing behaviors as the way we work together as a business.

Sourcing Strategy

• Develop and manage a Sourcing strategy with focusing on the LATAM region as part of the CMT and the AA Marketing strategy aim to strengthen the 3rd party flow and building pipeline for future potential deals.
• Grow manage and develop a Copper concentrate (including related by products) commodity 3rd party lead pipeline.
• Develop and implement value propositions for potential 3rd party suppliers
• Actively participate and colead multiplayer negotiations with commodity producers and other participants of the commodity supply chain (i.e. logistics providers/warehousing companies)
• Actively influence and involve in Chagres strategic initiatives including Support Chagres scenario analysis 3rd party sourcing to fit overall global trading strategy.

Sourcing & Sales Book Management and Optimisation (AAMC/AAMP)

• NonS&O purchase of physical products and management of S&O inherited trade flows
• Where customer or supplier ask is concerned to engage in value extraction through Anglo Americans physical positions from a product perspective
• Ownership of endtoend deal life cycle
• Management of book positions QP risks for the domestic AA marketing Chile book and AA marketing Peru book.
• Supporting the central book team for planning and optimisation
• Developing and executing domestic sales opportunities for offspec material and Alto Norte delivery.
• Supporting the central trading team for the global blending strategy and execution

Stakeholder and Relationship Development and Management internal and external (Americas)

• Owner of relationships with all customers and suppliers in the region
• Development and maintenance of longterm relationships with all customers traders and producers
• Provide senior leadership coverage for the region including relationship building with production and Chagres JV partners in the region to support the JV representative.

Risk and Governance

• Deliver the Base Metals Marketing strategy within Marketings defined risk and governance framework.
• Complete responsibility and ownership of Front Office contribution to the implementation of any new risk management systems regarding physical commodity transactions
• Ensure all physical trading transactions are executed within approved limits
• Ensure working capital levels are within limits for all physical flow
• Manage following risk types counterparty performance credit country tax physical product logistics funding (in close collaboration with Central Trading Team)

People & Teams

• Management of Physical Traders

Qualifications :

Specific Knowledge requirements:

• Solid and widespread established network in the industry with senior counterparties (producers buyers traders etc.).
• Sizeable track record of executed and profitable trades both worldwide and within the region.
• Advanced expertise in global commodity markets and their drivers.
• Understanding of Copper value chain including technical implications/ aspects of the smelting and refining copper value chain.
• Sound knowledge of financial management.
• Mastery of marketing fundamentals (i.e. Pricing delivery strategy value chain dynamics net back calculations)
• Knowledge of Competition Law.

Additional Information :

Who We Are
We aim to lead the industry by pursuing ever safer ways of working demonstrating integrity and showing care and respect for people and the planet. That means we are constantly seeking new opportunities to mine and process our products sustainably using less water less energy and more precise extraction technologies. Our extraordinary teams work safely and collaboratively with the utmost consideration for local communities our customers and the world at large.

What We Offer
When you join Anglo American you can expect to enjoy a competitive salary and benefits package. But more than this youll find yourself in an environment where the opportunities for learning and growth are second to none. From technical training to leadership programmes we bring out the best in our people. There are plenty of opportunities to move onwards and upwards too. Were a large successful multinational company and were still growing all the time.

How We Are Committed To Your Safety
Nothing is more important to us than ensuring you return home safely after a days work. To make that happen we have the most rigorous safety standards in the industry. Not only that were also continually investing in new technologies that are helping to make mining safer.

Inclusion and Diversity
We are committed to promoting an inclusive and diverse workplace where we value and respect every colleague for who they are. We provide equality of opportunity to enable everyone to fulfil their potential.

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Remote Work :

No

Employment Type :

Fulltime