Apply now »

Junior Trader

Oakbrook Terrace, Illinois, US

Junior Commodity Trader

 

Based in US - Chicago

 

Directly Reports to:

Head Trader

 

 

Job Purpose:

This job is primarily responsible for the execution of positions created by others. Responsibilities include processing a variety of complexities for various commodities simultaneously.

 

Responsibilities:

 

  • Develop tactics to best execute trading positions.
  • Maintain and develop sales opportunities while adhering to credit, quality, and cash risk limits; monitor national and international markets as well as negotiate price, specification, and delivery details.
  • Negotiate price/delivery, write up logistical documents, contracts, applications, hedging transactions, and final settlements, adhering to trading and risk position limits.
  • Gather and report on actionable information on crop and growing conditions, commodity movement, market, freight and logistical situations and trends throughout the world.
  • Cultivate long-term relationships with customers, third party vendors, and end users to improve and expand origination and sales.
  • Communicate market trends and information to regional staff, ensuring timely and quality market information.
  • Other duties as assigned.

 

 

Key Result Areas: (Key Performance Indicators)

  • PNL
  • Accuracy of admin. Trade functions
  • Development of trade flows and activity

 

 

 

Education and

Qualifications

 

  • Bachelor's degree, or equivalent experience.

 

Experience

 

 

  1. 2 Year's Related Merchandising Experience.
  2. Working knowledge of the entire commodity life cycle; from producer to consumer.
  3. Working knowledge of the basics of commodity transportation entering and exiting

 

Skills

 

 

  1. Effective interpersonal, oral, and written communication skills with the ability to interact with all levels of people within and outside the organization.
  2. Excellent consultative skills.
  3. Ability to maintain confidentiality and comply with all applicable regulations.
  4. Basic computer skills, including working knowledge of Microsoft Office Suite.
  5. Strong business acumen.

 

Apply now »