Wheat Trader - Urgent

icon building Company : Frank Group
icon briefcase Job Type : Full Time

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Job Description - Wheat Trader - Urgent

We are searching for an influential Wheat Trader to join our energetic team at Frank Group in Bowling Green, OH.
Growing your career as a Full-Time Wheat Trader is an awesome opportunity to develop essential skills.
If you are strong in problem-solving, people management and have the right drive for the job, then apply for the position of Wheat Trader at Frank Group today!

Work closely with team members and customers in commodity-based daily trading activities. Responsible for trading position, developing and supporting relationships with suppliers and end users, maximizing profit and adhering to strict business ethics and company policies. Communication with management and understanding strategy while working on implementation throughout the trading group. Responsible for daily position limit monitoring and reporting. Assist with execution and trading communication between groups. We are currently looking to expand our Eastern US market position

Responsibilities:

  • Assist General and Assistant General Manager in daily tasks.
  • Oversee build out of wheat or co-product trading desk.
  • Work closely with management and monitor Daily Position Report (DPR) as well as overall positions and strategy.
  • Communicate and coordinate process and procedures in place for traders and execution staff. (Paper flow from initial contract to final settlement)
  • Work closely with other offices to find synergies and trading opportunities.
  • Originate commodities from Country Elevators and Company owned facilities.
  • Solicit new business and maintain existing business
  • Manage customer and supplier relationships.
  • Merchandise commodities by both Truck and Rail
  • Review credit limits and policies to maintain compliance at all times.
  • Report accurate and timely grain positions and review reports daily and monthly.
  • Keep knowledgeable in commodity market intelligence and current supply and demand.
  • Trade commodities within company position limits and within trading guidelines.
  • Understand futures, basis, spreads along with using and understanding risk management skills.
  • Protect company inventories and grain contracted positions by being properly hedged.
  • Report to supervisor immediately any breach of position limits, credit, regulatory, or company rules or regulations.
  • Keep informed of markets traded and review new opportunities to grow the company market share.
  • Communicate with other company personnel to inform and review market conditions and opportunities by phone or email.
  • Keep current on required company education and regulatory materials.
  • Travel is required as directed, for company functions, training and client visits.

KNOWLEDE REQUIRED FOR POSITION:

  • 5+ years wheat or co-product trading experience
  • Position requires in depth knowledge of the grain trading industry, hedging, marketing, logistics and risk management. Computer experience in Word, Excel, and PowerPoint is required.
  • Candidate must have good communication skills to work with people internally and externally.
  • Ability to organize work, set priorities, and make productive use of time in a fast-paced, stressful environment is required
  • Flexibility to make and accept change in a fast-paced environment
  • Ability to follow direction, rules and policy.
  • Must possess excellent communication and team building skills.
  • Minimum of 1 year prior experience in grain trading industry.

EDUCATION:

  • 4-year degree in Agriculture, Business, or related field is preferred.



Benefits of working as a Wheat Trader in Bowling Green, OH:


● Learning opportunities
● Professional Development Opportunities
● Generous Compensation
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