Scrap Metals Trader

SECURE•Edmonton, AB

1d•Onsite

About The Position

The Scrap Metals Trader will be responsible for the execution and evaluation of trades for the Commercial Metals Trading Group. The Metals Trader will be responsible for analyzing the metals commodity market, both foreign and domestic, as it pertains to demand, inventory, and margins. This position will be the channel for evaluating physical and financial trading and asset enhancement opportunities, both via organic and inorganic sources. This position is responsible for all aspects of executing physical shipments. In this role, the trader will be responsible for contract execution of physical trades as per contractually agreed terms in a safe and cost-effective way.

Requirements

Experience related to Scrap Metals trading or in a business development role
Strong background and knowledge of the metals recycling industry
Degree in Business, Engineering, Computer Programming or Commerce/Finance
Highly proficient in Microsoft Office (Excel, Word, Outlook, Power Point)
Excellent understanding of the product, logistical chain, risk involved and best practices to deliver proper execution of trade
Detail oriented with the ability to do research and understand economic drivers
Strong ability to build working relationships and contacts within the organization as well as with industry, external regulators, vendors, and contractors
The ability to demonstrate success in assuming a high degree of accountability for individual initiatives, common sense solutions, and professional decisions
A positive, self-motivated and energetic team player attitude with a willingness to work independently in a fast-paced and dynamic environment while sharing experiences and knowledge with others
Team player who enjoys learning and contributing to team goals

Nice To Haves

High Proficiency in programming functionality would be considered an asset

Responsibilities

Manage and control all applicable buy/sell contracts and associated shipped volumes
Seek and develop relationships with new customers to cultivate high value opportunities in addition to maintaining our existing relationships
Assist in generating long term opportunities to grow markets and acquire assets in the assigned market area to increase the sustainability of the business
Work closely with production accounting and finance personnel to ensure the smooth flow of information and proper tracking of volumes, qualities and revenues associated with marketing at each facility
Ensure all transactions are accomplished in accordance with internal trading, credit, and risk policies
Foster positive working relationships with all internal customers including all metal recycling yards
Keeping up to date with developments in the global market and reacting positively and creatively to international economic and political developments. Forecasting market direction
Work with Metals Recycling team to determine trade requirements for executing strategic plans
Trade volumes during index window to lock in product spreads and facility profit margins
Quickly resolve supplier issues that may arise from late shipments or quality concerns in a manner that is respectful and fair to both parties and allows for future business and relationship development
Discuss freights with shipping lines
Regularly visit current and prospective suppliers at their facilities and perform inspection of materials to assess and maintain quality standards
Works closely with sales team on a daily basis to ensure pricing is competitive and up to date for our suppliers
Negotiate agreements that maximize volume while maintaining desired margin
Assists upper management in the development of a purchasing strategy