Senior Commodity Trader - Wheat
About The Position
CHS Inc. is seeking a Senior Commodity Trader to join its Global Grain Marketing team on the Hard Red Winter Wheat team. The role develops and implements wheat merchandising strategy to support operational efficiency, profitability, and value for CHS owners across domestic and export corridors. The trader works across the enterprise with a diverse group of people and customers, using facts and data to make collaborative, informed decisions. Strong communication, relationship-building, and attention to detail are important. This is an onsite position at CHS’s global corporate headquarters in Inver Grove Heights, Minnesota. The role includes domestic and international travel to relevant origins and destinations, up to 20% of the time. The trader manages the wheat position, origin and destination pairs, relationship trading, and rail-deck arbitrage; supports customer relationships and market access; and coordinates with operations, transportation, and S&OE. The position also supports annual business planning, budgeting, and forecasting and promotes a strong safety culture. CHS offers a competitive total rewards package. Compensation includes base wage and, depending on the position, may include bonus, incentives, or commissions. Actual pay varies based on factors including experience, education, training, specialized skills, certifications, and applicable local requirements.
Requirements
- High school diploma or GED.
- At least 4 years of experience in trading, procurement, and/or commodities.
- In-depth understanding of commodity markets and trading.
- Excellent analytical and decision-making skills.
- Ability to adapt in a fast-changing environment.
- Excellent written and verbal communication skills.
- Travel up to 20%, including domestic and international travel.
Nice To Haves
- Bachelor’s degree in Accounting, Business, Economics, Finance, Statistics, or a related field.
- Working knowledge of GAFTA contracts, NOPA trade rules, and futures exchange rules.
- Experience working with international teams.
- Previous leadership experience, preferably global leadership.
- Experience managing a P&L.
Responsibilities
- Develop and implement a Hard Red Winter Wheat merchandising strategy to facilitate operational efficiency, profitability, and value creation for owners across domestic and export corridors.
- Build strong relationships and optimize logistics in the supply chain.
- Analyze markets and interpret trade flows and commodity supply and demand.
- Provide timely, transparent information about trades, coverage, buying interest, competitive offers, and open demand.
- Maximize end-to-end margin for Hard Red Winter Wheat.
- Proactively communicate opportunities and challenges.
- Work with operations, transportation, and S&OE to develop sales plans that optimize logistics for processing facilities and the export corridor.
- Manage the position, origin and destination pairs, relationship trading, and arbitrage of CHS rail deck to tributary Hard Red Winter Wheat destinations.
- Drive destination market access for the CHS supply chain by maintaining competitive prices through global and domestic price discovery.
- Maintain the existing customer base and identify, develop, and build new opportunities.
- Resolve issues and disputes with accounting, transportation, shippers, and buyers or end users.
- Provide exceptional customer service as a first point of contact with consumers, users, and marketers, using divisional marketing resources when appropriate.
- Support annual business planning, budgeting, and forecasting.
- Travel to relevant origins and destinations.
- Champion and promote a strong safety culture; follow safety policies, procedures, and regulations; identify and communicate workplace hazards; and correct or seek assistance in correcting unsafe actions or conditions.
Benefits
- Medical insurance
- Dental insurance
- Vision insurance
- Wellness programs
- Life insurance
- Health and dependent care spending accounts
- Paid time off
- 401(k)
- Pension
- Profit sharing
- Short- and long-term disability
- Tuition reimbursement
- Adoption assistance
- Depending on position, compensation may include bonus, incentives, and commissions
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
High school or GED
