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Grand Junction IA

Merchandiser; Ethanol Facility

Merchandiser; Ethanol Facility; Grand Junction, IA

 

Overall Purpose and Objective of Position

This position originates corn and negotiates forward contracts to buyers of distillers’ grains, assists and implements in devising corn origination strategies and distiller’s grains sales programs and manages logistics and receivables in support of the ethanol processing operation at a dry mill ethanol plant. Reporting directly to the Commercial Manager.

 

Primary Responsibilities/Essential Functions

  • Maintains daily communication, organizes logistical services, assists with accounting issues and originates corn
  • Oversees inbound truck logistics for corn origination and outbound truck logistics for distillers’ grains
  • Negotiates forward sales contracts to buyers of wet and dry distillers’ grains and devises and executes origination and hedging strategies in corn and distillers’ grains

Additional Responsibilities

·         Gathers news, statistics and information related to individual commodity supply and demand from customers and trade sources, and distributes that information to the remainder of the group to support overall strategic trading/positioning (i.e., contributes to research function)

  • Manages receivables and facilitates innovative methods to keep accounts receivable and average number of days to pay at a minimum
  • Identifies, qualifies and captures new business and consults clients on business management including physical commodity position management
  • Other duties as assigned

Qualifications

  • BS in Economics, Agricultural Economics, Finance, Business Administration or other business discipline
  • >1-yr exp in one or more of the following:  Commodity Merchandising/Origination/Trading, Commodity Risk Management, and/or logistics (i.e., coordination of shipments and deliveries)

Preferred:

  • 2 to 5 years of previous experience merchandising corn, soymeal, DDG, ethanol and/or energy products

Knowledge/Skills/Abilities (including any physical demands)

  • Basic knowledge of futures markets, hedging and arbitrage
  • Strong verbal and written communication skills
  • Strong quantitative skills, including basic knowledge of statistics, algebra (e.g., supply and demand relationships, analysis of price relationships)
  • Ability to organize multiple responsibilities, prioritize workload and perform multiple tasks simultaneously
  • Ability to work with minimal supervision
  • Proficiency with spreadsheet and word processing software, (e.g., Excel and MS Word).
  • Must have valid driver’s license

Decision Making/Accountability

  • Processes a variety of information and data to devise and execute trading strategies.  Negotiates with trade counterparts to maximize corporate returns.  Advises and recommends trading strategies, assesses risk pertaining to buying and selling in the ethanol market and negotiates contract terms with clients.

Salary: $65-$80K; strong benefits; relocation assist; EOE; No Sponsorship

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