Commodity Trader
Commodity Trader, Full Time - Various Locations
Position Summary:
Commodity Traders at ADM are a vital component in our supply chain. Individuals in these dynamic roles have responsibility for the procurement of grain and oilseeds, and/or the marketing of finished goods to achieve optimum financial results. These Traders/Merchandisers are asked to develop an understanding of local, national and global market trends, calculate business margins and their effect on commodity pricing, and manage local bids and offers among many other topics. Additionally, in their roles, Traders/Merchandisers balance risk management, customer relationships, transportation and logistics. You will be responsible for building and maintaining relationships with customers as well as colleagues from other ADM Processing Plants, the handling of logistics, accounting, execution and other customer related issues.
Relocation is provided to an office in the following states: IL, IN, IA, TN, GA, MN, MO
Key skills & competencies:
- Analytical Thinking
- Impact & Influence
- Achievement Orientation
- Information Seeking
- Strong Interpersonal Skills
Description of work performed:
- Builds & maintains positive relationships with accounts that bring defined value
- Seeks out new business that would profitably enhance ADM company assets
- Understands customer requirements and strives to meet them to differentiate ourselves from competition
- Maintains a clear customer account list and provides detailed background information in files
- Handles all accounting related issues in a timely manner to ensure good customer service
- Works to make quick decisions in a fast market while accepting the responsibility to defend them logically
- Develops a keen understanding of local, national, & world markets & trends
- Purposefully makes outbound phone calls to deliver and receive timely market information
- Price discovery and bid/offer maintenance to improve risk management and pricing
- Understanding of margin calculations & their effect on commodity pricing; Ensures the most cost-efficient transportation and logistics
- Understands the value of ADM owned transportation (i.e. barges, trucks and railcars)
- Develops a good working knowledge of freight spreads and competitor activities
- Develops a keen understanding and working knowledge of ADM information technology systems
- Ensures that individual goals are aligned with company goals
- Constantly works on individual personal development within the company
- Develops good understanding of local plant operations
- Works to attain positive, collaborative relationships with internal colleagues across divisions & responsibilities
- Portrays a positive image of the company and self when interacting with customers & colleagues
- Prepares and submits daily & ad hoc reports
Qualifications:
- Pursuing a four-year degree in Business or an Agriculture-related field
- GPA of 2.8 or greater is preferred
- Open to relocation throughout the U.S.
- ADM requires the successful completion of our pre-employment process, which may include a background check, drug/alcohol screen, medical history questionnaire and other job-related functional evaluations.
There's a place at ADM that will engage your mind, stimulate your professional development, and satisfy your hunger to make a vital difference. Are you ready to find a place to feed your passion?
About ADM:
ADM unlocks the power of nature to enrich the quality of life. We're a premier global human and animal nutrition company, delivering solutions today with an eye to the future. We're blazing new trails in health and well-being as our scientists develop groundbreaking products to support healthier living. We're a cutting-edge innovator leading the way to a new future of plant-based consumer and industrial solutions to replace petroleum-based products. We're an unmatched agricultural supply chain manager and processor, providing food security by connecting local needs with global capabilities. And we're a leader in sustainability, scaling across entire value chains to help decarbonize our industry and safeguard our planet. From the seed of the idea to the outcome of the solution, we give customers an edge in solving the nutritional and sustainability challenges of today and tomorrow. Learn more at www.adm.com.