Commodities Expansion Manager
The Commodities Expansion Manager will lead the expansion of the product range of the commodities franchise, from inception to product launch.
Euronext is entering a new strategic cycle with high ambitions for its commodities franchise, which has been historically focused on agricultural products. Euronext plans to leverage the strength of its integrated clearing house, Euronext Clearing. The Commodities Expansion Manager will seize on this enhanced value proposition to develop new products [for the existing franchise, as well as] and enter into new commodity markets. Identifying the most relevant opportunities, creating a compelling value proposition, defining the best go-to-market and aligning all stakeholders to deliver these opportunities will be the at the core of the new joiner’s responsibilities.
The Commodities Expansion Manager manager will have the following accountabilities:
Generate new business opportunities based on new commodity products, be they soft or hard commodities, through systematic market analyses, stakeholder engagement and customer feedback.
Take accountability for their delivery, actively engaging with market participants, regulatory authorities and/or third party service providers, from the beginning of the project till go live.
Lead coordination of development and launch efforts through close collaboration with IT, Legal & Market Regulation, Sales, Operations, Post-Trade, Corporate Communication, and Marketing.
Design and implement a framework for regular, iterative business expansion, from idea generation to execution, go-to-market, education and ad-hoc support until the new products reach sufficient liquidity.
Maintain viability of existing products by evaluating the impact of market trends, engaging with clients to gain insight and feedbacks. Identify and design viable product extensions and modifications when required.
Develop close relationships with IT, post-trade and market operations teams to develop an intimate knowledge of the functioning of Euronext markets, and share insights within the commodities teams and to interested market participants.
Maintain up to date industry and competitor knowledge to identify and develop the Company’s unique selling propositions and differentiators.
Leverage his/her network to solicit feedback from industry participants through trade calls, surveys, industry events, trade shows and conferences. Report back intelligence to relevant stakeholders.
Knowledge, skills and experience required
- Graduate degree in Finance, Economics, Business or related fields.
- 3 to 5 years working in the capital markets or commodity trading industry, or in the trading/brokerage department of an industrial player.
- Broad knowledge of financial markets, and robust knowledge of the European listed commodity markets and platforms. Robust knowledge and awareness of some underlying commodity markets (e.g., agriculture, metals, mining, oil & gas, carbon).
- Strong analytical and structured problem-solving skills.
- Entrepreneurial spirit, creativity and drive to imagine new solutions.
- Excellent verbal and written communication skills, and ability to display key findings in succinct manner.
- Ability to take the leadership of a project and interact with various stakeholders. Strong interpersonal skills with ability to communicate effectively, and a proven history of working in a team environment.
- Results driven, pro-active mentality with a strong appetite to challenge the status quo.