Commodity Trader
3 days ago
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.
- 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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