Merchant Job at The Scoular Company, Minneapolis, MN

  • The Scoular Company
  • Minneapolis, MN

Job Description

The Merchant position is a commodity trading position challenged to develop and utilize skills in origination, sales, and execution. This individual will analyze assigned grain and freight markets, make purchase and sales decisions, logistics execution, contract flow, and accounts receivable. The Merchant is expected to build and maintain customer relationships domestically and internationally with suppliers, end users, transportation partners and other stakeholders in the supply chain.

Market Analytics:
  • Learn and understand market trends, key leading indicators and become proficient in understanding complex market dynamics.
  • Develop skills to make buying and selling decisions.
  • Responsible for capturing supply in the specific/designated region.
  • Interact with customers, express ideas, forumlate and share opinions.
  • Formulate and articulate thoughts and insights on the market.
  • Ensure customers stay within Scoular Trade Finance's counter party limits.
  • Learn and understand Scoular's risk management tools.
  • Reporting responsibilities.
Logistics/Execution:
  • Assist and/or lead execution logistics planning and strategy. Includes fundamental knowledge of truck/rail execution and commodity arbitrage.
  • Knowledge of systems and procedures that document and support executions.
  • Negotiate freight contracts.
Customer Relationship Building:
  • Develop and maintain the extensive and varied business relationships in the market place.
  • Provide customers with accurate market information and answers to questions about their business transactions, such as settlements.
  • At the direction of the Trade Unit Manager, add sales customers to their contract list as market familiarity increases.
  • Build trading rapport with orgin and destination customers.
  • Contract management including reconciling balances with customers.
  • College degree in business related field or equivalent experience.
  • Exceptional customer service skills and relationship building capability.
  • Ability to perform in a fast-paced environment.
  • Highly skilled in problem solving techniques.
  • Highly organized and detail oriented.
  • Ability to travel, as needed.

Preferred Experience:
  • 3+ years of merchandising experience.
  • Demonstrated understanding of grain markets, hedging and commodity flows.
  • Knowledge of the agricultural industry's trading standards and procedures.
  • Demonstrated aptitude in accounting and financial practices and procedures.

Job Tags

Contract work

Similar Jobs

Aspida Life Insurance Company

Internal Wholesaler Job at Aspida Life Insurance Company

Job Type Full-time Description Company Description: Aspida is a tech-driven, nimble insurance carrier. Backed by Ares Management Corporation, a leading global alternative asset manager, we offer simple and secure retirement solutions and annuity...

Overland Park Regional Medical Center

Registered Nurse Perinatal and Maternal Float Job at Overland Park Regional Medical Center

 ...As the nations largest private employer of Registered Nurses,werehonored by the trust of over 100,000 nurses and committed to supporting...  ...an antepartum unit, a labor and delivery unit, and a Level III NICU. We have four emergency rooms, including a dedicated Pediatric... 

TransDirectUSA

Local CDL Driver Job at TransDirectUSA

TransDirectUSA is seeking a safety-focused Local CDL A Driver to support our reliable freight and shipping operations across the region. In this role, youll handle local routes with daily home time, operating late-model equipment to deliver freight safely and on schedule... 

Overland Park Regional Medical Center

Registered Nurse Ortho and Spine Specialty Job at Overland Park Regional Medical Center

 ...Introduction Do you want to be appreciated daily? Our nurses are celebrated for being on the front line, empathetic for patients....  ...an antepartum unit, a labor and delivery unit, and a Level III NICU. We have four emergency rooms, including a dedicated Pediatric emergency... 

US LBM Holdings

CDL Driver Job at US LBM Holdings

 ...remodel to production builders. . A Brief Overview The CDL Driver I is responsible for the safe, efficient transportation of...  ..., military status, order of protection status, or any other legally recognized protected basis under federal, state, or local law....