Merchant at The Andersons

Bliss, Idaho, United States

The Andersons Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Agriculture, Commodities TradingIndustries

Requirements

  • Bachelor’s Degree required (or equivalent in work experience), preferably in Agriculture, Business, Finance, Economics or related major
  • 2-5 years’ of experience required in commodity merchandising, originations, or trading
  • Intermediate knowledge and experience in own discipline; still acquiring higher level knowledge and skills
  • Excellent organizational skills and attention to detail
  • Excellent written and verbal communication skills
  • Proficient in Microsoft Office Suite or similar software
  • Ability to solve a range of straightforward problems using standard procedures
  • Receives a moderate level of guidance and direction

Responsibilities

  • Manage the buying and selling activities for assigned commodities
  • Develop deeper understanding of supply and demand, survey market conditions, and analyze other economic forces in order to establish position in the market
  • Initiate, negotiate and agree on terms of commodity purchase/sale contracts, such as price, quality, quantity, transportation, timing and payment
  • Arrange efficient transportation of commodities, both by truck and rail
  • Ensure thorough and accurate follow-up, execution, and closure to all contracts
  • Research and identify new customers and/or suppliers as well as develop and maintain regular communication to build and grow current customer relationships
  • Analyze commodity markets to identify trading opportunities
  • Gain basic understanding of arbitrage, macro-environmental factors that impact the supply and demand of commodities, and logistics process and decision making
  • Complete all responsibilities in compliance with all safety protocols, policies, procedures and consistent with the spirit and philosophy of The Andersons’ Statement of Principles

Skills

Key technologies and capabilities for this role

Commodity TradingMarket AnalysisContract NegotiationSupply Chain ManagementTransportation LogisticsMicrosoft OfficeCustomer Relationship ManagementArbitrage

Questions & Answers

Common questions about this position

What education and experience are required for the Merchant position?

A Bachelor’s Degree is required (or equivalent work experience), preferably in Agriculture, Business, Finance, Economics or related major, along with 2-5 years of experience in commodity merchandising, originations, or trading.

What key skills are needed for this role?

Excellent organizational skills and attention to detail, excellent written and verbal communication skills, and proficiency in Microsoft Office Suite or similar software are required.

Is this a remote position or does it require office work?

The role involves prolonged periods of sitting at a desk and working at a computer, suggesting an office-based environment.

What is the salary or compensation for this Merchant role?

This information is not specified in the job description.

What makes a strong candidate for the Merchant position?

Candidates with intermediate knowledge in commodity trading, 2-5 years of relevant experience, strong organizational and communication skills, and a relevant Bachelor’s degree will stand out.

The Andersons

About The Andersons

N/AHeadquarters
N/AYear Founded
N/ACompany Stage

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