Commodity Trader

3 days ago


Oakley, Kansas, United States Scoular Full time
Job Title: Merchant

Join Scoular Trade Finance as a Merchant and take on the challenge of developing and utilizing trade skills in origination, sales, and execution in a defined market. This entry-level commodity trading position offers a unique opportunity to learn market analytics, build customer rapport, buy and sell commodities, and manage logistics execution, contract management, and accounts receivable.

Key Responsibilities:
  • Learn and understand market trends, key leading indicators, and become proficient in understanding complex market dynamics.
  • Develop skills to make buying and selling decisions.
  • Capture supply in the specific/designated region.
  • Interact with customers, express ideas, formulate, and share opinions.
  • Formulate and articulate thoughts and insights on the market.
  • Ensure customers stay within Scoular Trade Finance's counterparty limits.
  • Learn and understand Scoular's risk management tools.
  • Reporting responsibilities.
  • Assist and/or lead execution logistics planning and strategy, including fundamental knowledge of truck/rail execution and commodity arbitrage.
  • Negotiate freight contracts.
  • Develop and maintain extensive and varied business relationships in the market place.
  • Provide customers with accurate market information and answers to questions about their business transactions, such as settlements.
  • At the direction of their Manager, add sales customers to their contract list as market familiarity increases.
  • With support of Sr Merchants and Manager, start to build effective, on-going interactions with both current and potential customers.
  • Build trading rapport with origin and destination customers.
  • Contract management, including reconciling balances with customers.
Requirements:
  • College degree in business-related field or equivalent experience.
  • Exceptional customer service skills and relationship building capability.
  • Ability to perform in a fast-paced environment.
  • Highly skilled in problem-solving techniques.
  • Highly organized and detail-oriented.
  • Ability to travel, as needed.

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