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Trader, Procurement in Ames, IA at REG

Date Posted: 7/11/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Ames, IA
  • Job Type:
    Other
  • Experience:
    2 to 5 years
  • Date Posted:
    7/11/2018

Job Description

POSITION PURPOSE:

The purpose of this job is to be responsible for trading commodities, developing market opinions, managing inventories, and specifically managing product position in feedstock, chemicals, or co-products. This position is responsible for establishing and cultivating positive relationships with customers, suppliers, and plant personnel.

ESSENTIAL FUNCTIONS: 

Key Accountabilities:

Develop Market Opinion

  • Look at historical trends
  • Determine future opinion on markets
  • Act upon market opinion within limitations
Trade commodities
  • Establish and maintain positive relationships with customers, suppliers, and plant personnel
  • Trade variety of inputs and outputs
  • Utilize freight and logistic advantages to improve overall profitability
  • Manage purchasing/sales position
Manage Inventories
  • Make sure plants have adequate feedstock/chemical/co-product levels to operate plant
  • Project future needs of plant by working with plant management and supply chain
  • Manage blend limitations with purchases
Other frequent duties:
  • Work with developing and improving processes as well as developing new feedstocks and relationships
  • Consider REG’s risk management policy in all trades
  • Ensure all trades abide by appropriate specified guidelines
  • Provide support to other REG departments as necessary


JOB QUALIFICATIONS:

Education Required: 4 year bachelor’s degree –Finance, Economics, Agriculture Business or    related business degree

**5 years of trading experience may substitute for some education

Experience Required:  2-5 years

Skills Required

  • Advanced excel skills
  • Extensive math and accounting skills
  • Microsoft Office Suite (Excel, PowerPoint, Outlook, Word)
  • Strong verbal and written communication skills

Special skills or knowledge preferred:

  • JD Edwards
  • General market knowledge

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