Grain Merchandiser

Job Title:

Grain Merchandiser

Department:

TBD

Supervisor:

General Manager

Work Hours:

8am - 5pm, available at all hours as needed for trading environment and customers' schedules both domestically and internationally.

Benefits:

Eligible

General Scope of Work:

Collaborate with Agrex team members and customers in daily commodity trading activities. Develop and maintain relationships with suppliers and end-users to maximize profit for Agrex while adhering to strict business ethics and company policies. Communicate with management and understand strategy while implementing throughout the trading group. Monitor daily position limits and report accordingly. Assist with execution and trading communication between groups.

Responsibilities:

• Support General and Assistant General Managers in daily tasks.
• Work closely with management and monitor Daily Position Report (DPR) and overall positions and strategy.
• Communicate and coordinate processes and procedures in place for traders and execution staff.
• Work closely with other offices to find synergies and trading opportunities.
• Originate commodities from country elevators and company-owned facilities.
• Solicit new business and maintain existing business.
• Merchandise commodities by truck and rail.
• Learn and understand rail rates and programs.
• Read and understand trade rules and regulations.
• Review credit limits and policies to maintain compliance at all times.
• Complete execution records as needed to assist in making grain settlement in a timely manner.
• Report accurate and timely grain positions and review reports daily and monthly.
• Stay knowledgeable in commodity market intelligence and current supply and demand.
• Trade commodities within company position limits and trading guidelines.
• Understand futures, basis, spreads, and risk management skills.
• Protect company inventories and grain contracted positions by proper hedging.
• Report to supervisor immediately any breach of position limits, credit, regulatory, or company rules or regulations.
• Stay informed of markets traded and review new opportunities to grow company market share.
• Communicate with other Agrex and Mitsubishi personnel to inform and review market conditions and opportunities.
• Keep current on required company education and regulatory materials.
• Travel is required as directed for company functions, training, and client visits.

Knowledge Required:

Position requires in-depth knowledge of the grain trading industry, hedging, marketing, logistics, and risk management. Computer experience in Word, Excel, and PowerPoint is required. Candidate must have good communication skills to work with people internally and externally.

Skills:

• Ability to organize work, set priorities, and make productive use of time in a fast-paced, stressful environment.
• Flexibility to make and accept change in a fast-paced environment.
• Ability to follow direction, rules, and policy.
• Must possess excellent communication and team-building skills.
• Minimum of 1 year prior experience in the grain trading industry.

Education:

• A 4-year degree in Agriculture, Business, or related field is preferred.