We are looking for a motivated Hedge Unit Team Member to join our Zinc/Copper team at our headquarters in Baar. In this role, you will maintain daily position cards for LME traders, support the traffic team and deal with brokers.
The role
Daily handling of metal and FX hedges, including collection of physical pricings and preparation of consolidated hedge instructions; booking contractual pricings and derivatives trades into the system and maintaining/controlling London Metal Exchange (LME) positions for LME traders
Handling of LME warrants transactions
Controlling of Price Risk Management accounts for other group companies by co-ordinating hedge orders, positions and settlements with traffic people at headquarters in Baar and in various field offices
Reconciliation of the LME positions on a daily basis with the brokers and issuing daily clearing instructions
Agreeing and settling Broker Difference Accounts on a daily basis
Pricing precious metals and placing hedge orders on the London Bullion Market
Preparing monthly accounts for bookkeeping, covering the review and check of the closing period, issuing Difference Accounts for hedged contracts and reporting profit and loss account to LME trader
Our ideal person
Driven and flexible working style
Can-do attitude with a strong ability to adapt in a constantly changing environment
A good team player
Eager to learn and able to work under pressure
Disposes of efficient and well-organized working skills as well as a good knowledge of using MS Office tools
Figure-minded
Minimum requirements
Solid educational background (KV Berufsmatura or bachelor) and work experience in an international as well as multicultural environment
Strong IT skills / advanced knowledge of Excel. VBA skills is an advantage
Fluent English (spoken and written)
Current SWISS B/C Permit or passport holder of EU
Benefits
We are committed to providing benefits, which promote mental, physical, and financial well-being. From healthy meal options in our restaurants and bistros to free use of the in-house gym including sport classes with professional trainers.
We reimburse public transport for commuting to work; alternatively, we offer free parking space.
We provide tuition assistance for further education and training courses.
We have a competitive parental leave policy. Our childcare benefits also include emergency childcare services and financial assistance towards daycare costs.
Employees’ Swiss Pension 2nd pillar is fully paid by Glencore.
Who we are
Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities that advance everyday life. Through a network of assets, customers and suppliers that spans the globe, we produce, process, recycle, source, market and distribute the commodities that support decarbonisation while meeting the energy needs of today.
With over 150,000 employees and contractors and a strong footprint in over 35 countries in both established and emerging regions for natural resources, our marketing and industrial activities are supported by a global network of more than 50 offices.
Glencore’s customers are industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors. We also provide financing, logistics and other services to producers and consumers of commodities.
Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the International Council on Mining and Metals. We are an active participant in the Extractive Industries Transparency Initiative.
We will support the global effort to achieve the goals of the Paris Agreement through our efforts to decarbonise our own operational footprint. We believe that we should take a holistic approach and have considered our commitment through the lens of our global industrial emissions. Against a restated 2019 baseline, we are targeting to reduce our Scope 1, 2 and 3 industrial emissions by 15% by the end of 2026, 25% by the end of 2030, 50% by the end of 2035 and we have an ambition to achieve net zero industrial emissions by the end of 2050, subject to a supportive policy environment. For more information see our 2024-2026 Climate Action Transition Plan and the About our emissions calculation and reporting section in our 2023 Annual Report, available on our website at glencore.com/publications.
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