Commodity Trader

Description

• Works closely with sales team on a daily basis to ensure pricing is competitive and up to date for our suppliers
• Work with Metals Recycling team to determine trade requirements for executing strategic plans
• Negotiate agreements that maximize volume while maintaining desired margin
• Assists upper management in the development of a purchasing strategy
• Foster positive working relationships with all internal customers including all metal recycling yards
• Manage and control all applicable buy/sell contracts and associated shipped volumes
• Work closely with production accounting and finance personnel to ensure the smooth flow of information and proper tracking of volumes, qualities and revenues associated with marketing at each facility
• Seek and develop relationships with new customers to cultivate high value opportunities in addition to maintaining our existing relationships
• Regularly visit current and prospective suppliers at their facilities and perform inspection of materials to assess and maintain quality standards
• Quickly resolve supplier issues that may arise from late shipments or quality concerns in a manner that is respectful and fair to both parties and allows for future business and relationship development
• Keeping up to date with developments in the global market and reacting positively and creatively to international economic and political developments. Forecasting market direction
• Trade volumes during index window to lock in product spreads and facility profit margins
• Discuss freights with shipping lines
• Ensure all transactions are accomplished in accordance with internal trading, credit, and risk policies
• Assist in generating long term opportunities to grow markets and acquire assets in the assigned market area to increase the sustainability of the business

Requirements

• Strong background and knowledge of the metals recycling industry
• 5+ years’ experience related to commodity trading or in a business development role
• Excellent understanding of the product, logistical chain, risk involved and best practices to deliver proper execution of trade
• Team player who enjoys learning and contributing to team goals
• Strong ability to build working relationships and contacts within the organization as well as with industry, external regulators, vendors, and contractors
• Highly proficient in Microsoft Office (Excel, Word, Outlook, Power Point). High Proficiency in programming functionality would be considered an asset
• Successful candidate will have a degree in Business, Engineering, Computer Programming or Commerce/Finance
• Detail oriented with the ability to do research and understand economic drivers
• The ability to demonstrate success in assuming a high degree of accountability for individual initiatives, common sense solutions, and professional decisions

Benefits

• Employer paid benefits: health, dental & more
• Competitive industry wages, and compensation programs which includes:
• Employee savings plans
• A competitive employee referral program
• Health care spending account
• Career progression
• Employee wellness program

Training + Development

Interview process

Visa Sponsorship

Security clearance