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Merchandiser - Decatur, IL

Company: ADM
Location: Decatur
Posted on: September 19, 2023

Job Description:

Job Description Merchandiser - Decatur, ILADM GrainThis is a full time, exempt position. MAIN FUNCTION:We are looking for a motivated rail trader and corn merchandiser to join the Eastern Grain Group. Reports to VP Eastern Grain Group as part of the local and regional merchandising team. The responsibilities of this position will be trading rail corn into the Eastern destination markets in conjunction with other traders on the team. Accountability for the procurement and trading of corn to achieve optimum financial results while building strong relationships with customers, colleagues, and railroad personnel. The position is responsible for handling of logistics, procuring freight rates, accounting, daily P&L monitoring, and other customer related issues. As an established member of the merchandising team, this position requires a high level of strategic thinking, market knowledge and employee development.KEY SKILLS & COMPETENCIES:Analytical ThinkingImpact & InfluenceAchievement OrientationInformation SeekingBusiness SavvyConceptual ThinkingInterpersonal communicationsDESCRIPTION OF WORK PERFORMED:
Daily focus and analysis of basis positions, freight positions, spread positions, and profit & lossAnalyze and understand the market conditions, prices, and trends in the local, national, and global level and develops trading strategies accordingly.Maintain price discovery and bid/offer to enhance risk management and pricing.Preparation and analysis of month end reports and other divisional month end requirementsStrategic seeking of new business and arbitrage opportunities that profitably enhance company assetsCommunicate effectively, build, and maintain relationships with customers, colleagues, railroad personnel, and other stakeholders in the industry.Resolve issues or disputes that may arise during the rail trading processUnderstand customer requirements in order to collaborate and add value to both partiesExhibit organization and handle accounting related issues in a timely manner to ensure excellent customer serviceWork to attain positive, cooperative relationships with internal colleagues across divisions and responsibilitiesManage the profitability and utilization of the Eastern Rail Group's private railcar fleetCommunicate with ADM Rail Rates team and external railroads to procure freight ratesUnderstand the significance of ADM owned transportation (i.e. railcars, trucks and barges) and how to enhance valueDevelop a working knowledge of freight spreads and competitor activitiesUnderstand the importance of trading to enhance the profitability of ADM owned assets through favorable specs, timings, etc. and placing elevator needs above individual goalsWork to make quick decisions in a fast market while accepting responsibility to defend them logicallyAggressively make outbound phone calls to deliver and receive timely market information to and from internal and external sourcesUnderstand margin and cash carry calculations & their effect on commodity pricingUnderstand and has strict adherence to corporate compliance policies, safety systems, and programsEnsure that individual goals are aligned with company goalsConstantly works on individual and personal development within the companyDevelop understanding of local plant/elevator operationsPortray a positive image of the company and self when interacting with customers and colleaguesHelp in the development and training of new employeesIs willing to work outside normal business hours including weekends with limited travel required throughout the yearKNOWLEDGE & SKILLS: University degree in agriculture or business (i.e. economics, finance, accounting), supplemented with a minimum of two (2) years' experience in country elevator management or commodity merchandising in North America. Equivalent combinations of education and experience will be considered. Demonstrated capacity to excel within high risk, fast-paced work environment. Proven ability to assess risk and exercise sound judgment in making decisions. Demonstrated negotiation and interpersonal skills. Demonstrated knowledge and understanding of the domestic and international trade. Proven ability to manage effectively within a team based work environment. Ability to develop and maintain effective working relationships with end-users, suppliers, and internal customers. Individual must be committed to corporate ethics policies and safety program.This position offers a complete benefit package, including 401K/ESOP, pension, health, life and dental insurance. ADM requires the successful completion of a pre-employment drug screen and a background check. REF:75548BR

Keywords: ADM, Decatur , Merchandiser - Decatur, IL, Hospitality & Tourism , Decatur, Illinois

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