Commodity Broker/LRP Agent

Commstock Investments; United States; On-site; USD 60,000 - 100,000; Full time

Benefits offered by this job

Guaranteed income during introductory

Commission-based earnings potential

Job summary

Commstock Investments, a family-owned agriculture risk management firm, is seeking a self-motivated commodity broker to join our team. You will begin training beside an experienced broker and build a strong book of business through calls, meetings, and on-farm visits.

The role requires executing futures and options, advising clients on hedging strategies, and maintaining up-to-date records. A Bachelor’s degree and a Series 3 license are required; prior livestock/grain marketing or client

Qualifications

• Bachelor's degree required (Ag Business or Ag Finance preferred but others accepted).
• Currently holds a Series 3 License.
• Prior livestock/grain marketing/hedging/client relations or similar experience preferred.
• Must have proven ability to develop long term relationships with clients via phone/face-to-face/written communication.
• Strong prospecting and sales skills (ex: networking, seminars, or cold calling).
• Must be able to keep confidential information and perform in a trustworthy and ethical manner.
• Must be able to take initiative and solve problems.

Responsibilities

• Execute futures and options transactions specifically requested by the customer.
• Communicate with clients on market changes/sell signals/options strategies as necessary.
• Assist customers in the formulation and implementation of appropriate hedging or speculative strategies.
• Develop new customers to grow existing customer base (phone, meetings, on farm visits).
• Collaborate with Customer Service Managers to maintain up to date records of customer information.
• Comply with all NFA, industry compliance regulations and company rules.
• Conduct and/or participate in radio/print/media/TV appearances as opportunities exist to promote both broker and firm.
• Conduct marketing seminars to promote individual portfolio growth and promote firm image and growth.
• Contribute to publications/recorded services/other promotions as needed to build business.
• Be available for customer calls and questions.
• This is a full-time position. Brokers should enjoy working in an office environment and speaking to farmers all day.
• Candidates are encouraged to earn their crop insurance and Livestock Risk Protection insurance to supplement their sales.

Skills

Series 3 License

Communication

Sales skills

Networking

Relationship building

Cold calling

Client relations

Education

Bachelor's degree

Job description

Commstock Investments is an independent, full-service agriculture risk management firm, specializing in commodity brokerage services, crop insurance and a well-known newsletter called, The Commstock Report. Founded in 1985,we currently have ten offices located across the Midwest with our headquarters in Royal, IA. We help farmers do a better job marketing their production by managing their risk using futures and options. The owner and brokers have real ag production experience in both Iowa and Brazil, giving them a global perspective and direct access to fundamental market intelligence.

We are looking for a self-motivated and energetic new team member to join our staff of experienced commodity brokers. This individual will begin their training process working next to an experienced broker. We have a successful track record of helping new and veteran brokers develop strong books of business.

We are a family-owned company with strong roots to agriculture. We consider ourselves advocates for the family farm. We specialize in trading all major ag commodities (grains & livestock), although we also trade the financial indexes, currencies and the energy complex. You can learn more about us by visiting www.commstock.com.

Responsibilities will include:

• Execute futures and options transactions specifically requested by the customer
• Communicate with clients on market changes/sell signals/options strategies as necessary
• Assist customers in the formulation and implementation of appropriate hedging or speculative strategies
• Develop new customers to grow existing customer base (phone, meetings, on farm visits)
• Collaborate with Customer Service Managers to maintain up to date records of customer information
• Comply with all NFA, industry compliance regulations and company rules
• Conduct and/or participate in radio/print/media/TV appearances as opportunities exist to promote both broker and firm
• Conduct marketing seminars to promote individual portfolio growth and promote firm image and growth
• Contribute to publications/recorded services/other promotions as needed to build business
• Be available for customer calls and questions
• This is a full-time position. Brokers should enjoy working in an office environment and speaking to farmers all day.
• Candidates are encouraged to earn their crop insurance and Livestock Risk Protection insurance to supplement their sales.

Qualifications:

• Bachelor’s degree required (Ag Business or Ag Finance preferred but others accepted)
• Currently holds a Series 3 License
• Prior livestock/grain marketing/hedging/client relations or similar experience preferred
• Must have proven ability to develop long term relationships with clients via phone/face-to-face/written communication
• Strong prospecting and sales skills (ex: networking, seminars, or cold calling)
• Must be able to keep confidential information and perform in a trustworthy and ethical manner
• Must be able to take initiative and solve problems

Advantages:

• You will be working alongside a senior broker with years of experience.
• Most compliance and administrative work will be handled by Commstock Professionals, allowing you time to focus on building and assisting your client base.
• You will be working for one of the leading agricultural brokerage firms in the country that has been in business since 1985.
• You may be able to attend national conferences for lead generation.
• You will enjoy a competitive base salary, and commission system that should be attractive to the individual that is passionate about marketing and serving their clients. We offer guaranteed income during the introductory period. Following this period, risk management advisors eventually transition to a 100% commission plan with the goal of making six figure annual salaries.

Additional Comments:

• Only applicants meeting the strict criteria outlined above will be contacted for the initial interview process.