About The Position

The Senior Merchant is an experienced commodity trader with developed trade skills. This role has responsibility to interpret a market, formulate and communicate market opinions and take risk/reward positions for the Scoular company. A Senior Merchant is expected to build deep customer relationships with both the buyer and seller and plays a critical role in mentoring and guiding other Merchants on the team. Works closely with NGMO Corn & Soybean Container Export business, as well as our growing domestic IP programs. Working closely with Andres & Covington facilities, origination team, logistics, MA’s, and docs team.

Requirements

  • 4+ years merchandising experience.
  • College degree in business related field or equivalent experience.
  • Proven critical thinking skills and ability to drive strategy forward.
  • Demonstrated exceptional customer service skills and relationship building capability.
  • Proven ability to perform in a fast-paced environment.
  • Demonstrated aptitude in accounting and financial practices and procedures.
  • Highly skilled in problem solving techniques.

Nice To Haves

  • Proficiency with Microsoft Suite, along with desire to learn new programs.
  • Active involvement in industry agriculture association groups.
  • Demonstrated leadership skills.
  • Demonstrated knowledge of agricultural macroeconomics.

Responsibilities

  • Assure that the trade unit is in compliance with all risk management policies.
  • Assess market trends, key leading indicators and is proficient in the market.
  • Review product supply and demand and formulate opinions related to the market to make trade decisions that create revenue for the trade unit or product group.
  • Manage a position or subset of the overall position for the business.
  • Expected to have opinion on market everyday.
  • Lead execution logistics planning and strategy. Includes fundamental knowledge of truck/rail execution and commodity arbitrage.
  • Manage relationships with the freight providers.
  • Negotiate freight contracts.
  • Arbitrage the position for optimal execution.
  • Expected to problem solve in midst of execution and day to day execution issues.
  • Recruit customers and business that support the business unit’s business strategy.
  • Develop and maintain the extensive and varied business relationships in the marketplace.
  • Provide customers with accurate market information and answers to questions about their business transactions, such as settlements.
  • Build effective, on-going interaction with both current and potential customers.
  • Act as a front line negotiator for handling trading conflicts.
  • Responsible for customer experience to ensure Scoular delivers a favorable customer experience (supplier, end user, carrier).
  • Partner with Trade Unit Manager to manage the P&L for the assigned business or subset of the business.
  • Prepare monthly, quarterly, annual P&L estimates for the trade unit or product group.
  • Provide monthly P&L results and quarterly forecasts.
  • Manage daily position report for the trade unit.
  • Accountable to maintain position limits, credit limits and in store inventories as defined by division leadership and trade finance.
  • Create forecasts to inform the Trade Unit Manager.
  • Coach/mentor other Merchants on the team and give Merchandiser Assistants daily direction.
  • Create/drive collaboration within the division and company.

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What This Job Offers

Career Level

Senior

Education Level

Bachelor's degree

Number of Employees

1,001-5,000 employees

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