Senior Merchant, Animal Proteins — Lead Trader & Mentor

Scoular Co.

Omaha (NE)

On-site

USD 120,000 - 190,000

Full time

11 days ago

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Benefits offered by this job

Health plans begin day one
Incentives & 401k match
Paid holidays
Volunteer time off
Annual incentive opportunities

Job summary

The Scoular Company is seeking a Senior Merchant to lead commodity trading activities in our Omaha, NE area. You will interpret markets, form opinions, and take risk/reward positions while building deep customer relationships with buyers and sellers.

You will mentor other Merchants and guide the team to deliver results. Responsibilities include market analysis, risk controls, logistics execution, customer negotiations, and P&L management.

Qualifications

  • 4+ years merchandising experience.
  • College degree in a 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.
  • Ability to excel in a team trading environment.
  • Demonstrated understanding of grain markets, hedging, commodity flows and logistics.
  • Knowledge of the agricultural industry’s trading standards and procedures.
  • Ability to travel, as needed.

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 every day.
  • Lead execution logistics planning and strategy. Includes fundamental knowledge of truck/rail execution and commodity arbitrage.
  • Manage relationships with the freight providers.
  • Arbitrage the position for optimal execution.
  • Expected to problem solve in midst of execution and day to day execution issues.
  • Establish 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).
  • 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/Product Group Manager.
  • Coach/mentor other Merchandisers on the team and give Merchandiser Assistants daily direction.
  • Create/drive collaboration within the division and company.

Skills

Merchandising
Customer service
Negotiation
Problem solving
Team trading environment

Education

Bachelor's degree in business or related field

Job description

The Scoular Company is seeking a Senior Merchant to lead commodity trading activities in our Omaha, NE area. You will interpret markets, form opinions, and take risk/reward positions while building deep customer relationships with buyers and sellers.

You will mentor other Merchants and guide the team to deliver results. Responsibilities include market analysis, risk controls, logistics execution, customer negotiations, and P&L management.

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