Feed Ingredient Commodity Merchant

3 weeks ago


Burlington, United States Andersons Full time

Job Opportunity The Andersons, Inc., is a diversified company rooted in agriculture that conducts business in the agribusiness and renewables sectors. Guided by its Statement of Principles, The Andersons is committed to providing extraordinary service to its customers, helping its employees improve, supporting its communities, and increasing the value of the company. Position Summary The Andersons is an Agricultural Supply Chain company that provides high-quality grain products to meet the demands of our customers and end-users. As we focus on our goal of feeding and fueling the world, we are seeking a dynamic and experienced Commodity Merchant to join our Soybean Meal, Loose Soyhulls, Soyhull Pellets, Canola Meal/Pellets and Bypass products team. This role will be based out of our Burlington, Vermont trading office. Key Responsibilities Manage the buying and selling activities for assigned commodities Develop deeper understanding of supply and demand, survey market conditions, and analyze other economic forces in order to establish position in the market Initiate, negotiate and agree on terms of commodity purchase/sale contracts, such as price, quality, quantity, transportation, timing and payment Arrange efficient transportation of commodities, both by truck and rail Ensure thorough and accurate follow-up, execution, and closure to all contracts Research and identify new customers and/or suppliers as well as develop and maintain regular communication to build and grow current customer relationships Analyze commodity markets to identify trading opportunities Gain basic understanding of arbitrage, macro-environmental factors that impact the supply and demand of commodities, and logistics process and decision making Work closely with the trading team to understand existing market knowledge while developing an understanding for current and past trade flows to help make market decisions and long-term business strategies that meet financial goals What is expected of you and others at this level Intermediate knowledge and experience in own discipline; still acquiring higher level knowledge and skills. Solves a range of straightforward problems Analyzes possible solutions using standard procedures Receives a moderate level of guidance and direction Education & Experience Bachelor's Degree required (or the equivalent in work experience) preferably in Agriculture, Business, Finance Economics or related major 2-5 years' of experience required in commodity merchandising, originations, or trading Excellent organizational skills and attention to detail Excellent written and verbal communication skills Proficient in Microsoft Office Suite or similar software Physical Requirements and Working Environment Prolonged period of sitting at a desk and working at a computer Note: This job description is intended to describe the general nature and level of work performed. It does not include all responsibilities and skills required of the job and may be changed at any time. All responsibilities must be completed in compliance with all safety protocols, policies, procedures and consistent with the spirit and philosophy of The Andersons' Statement of Principles. The statements herein are intended to describe the general nature and level of work being performed, but are not to be seen as a complete list of responsibilities, duties, and skills required of personnel so classified. Also, they do not establish a contract for employment and are subject to change at the discretion of the employer. The Andersons, Inc. is a Drug-Free Workplace. The Andersons, Inc. is an EO employer M/F/Veteran/Disability/Gender Identity/Sexual Orientation. The Andersons conducts drug, alcohol and/or medical testing of applicants and employees based on type of position. A copy of our testing policy is available by contacting the HR Department. We do not accept resumes from headhunters, placement agencies, or other suppliers that have not signed a formal agreement with us. Phishing Scam Warning: The Andersons is aware of the continued increase of phishing scams, leveraging various methods of attack via email, text, voice and social media. Please note that The Andersons only uses company email addresses, which contain "@andersonsinc.com", to communicate with candidates via email. If you are contacted by someone about an open job at The Andersons, please verify the domain of the sender's email address and that they are asking you to apply on this website. If you believe you've been a victim of a phishing scam, please visit the Department of Homeland Security's Cyber Smart website to learn how to report it.


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