Senior Merchant - Remote in CA


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Job Title: Senior Merchant - Remote in CA
Location: CA, West United States, USA

Company: The Scoular Company
Industry Sector: Agribusiness
Industry Type: Commodities and Trading
Job Type: Full Time
Salary: N/A
Job Description:

The Senior Merchant is an experienced commodity trader with developed trade skills.  This role has responsibility to interpret a market, formulate and communicate market opinions and take risk/reward positions for the Scoular company. A Senior Merchant builds deep customer relationships with both the buyer and seller.  The Merchandiser II plays a critical role in mentoring and guiding other Merchandisers on the team.


 


This is a remote role based in California. 


 


Market Analytics:



  • Assure that the trade unit is in compliance with all risk management policies.

  • Assess market trends, key leading indicators and is proficient in the market

  • Review product supply and demand and formulate opinions related to the market to make trade decisions that create revenue for the trade unit or product group.

  • Manage a position or subset of the overall position for the business

  • Expected to have opinion on market everyday


Logistics/Execution:



  • Lead execution logistics planning and strategy. Includes fundamental knowledge of truck/rail execution and commodity arbitrage.

  • Manage relationships with the freight providers.

  • Negotiate freight contracts.

  • Arbitrage the position for optimal execution.

  • Expected to problem solve in midst of execution and day to day execution issues.


Customer Relationship Building:



  • Recruit customers and business that support the business unit’s business strategy.

  • Develop and maintain the extensive and varied business relationships in the marketplace.

  • Provide customers with accurate market information and answers to questions about their business transactions, such as settlements.

  • Build effective, on-going interaction with both current and potential customers.

  • Act as a front line negotiator for handling trading conflicts.

  • Responsible for customer experience to ensure Scoular delivers a favorable customer experience (supplier, end user, carrier).


P&L Planning & Management:



  • Manage the P&L for the assigned business or subset of the business.

  • Prepare monthly, quarterly, annual P&L estimates for the trade unit or product group.

  • Provide monthly P&L results and quarterly forecasts.

  • Manage daily position report for the trade unit.

  • Accountable to maintain position limits, credit limits and in store inventories as defined by division leadership and trade finance.

  • Create forecasts to inform the Trade Unit Manager/Product Group Manager.


People Development/Training:



  • Coach/mentor other Merchandisers on the team and give Merchandiser Assistants daily direction.

  • Create/drive collaboration within the division and company.


 


About You 



  • 2+ years merchandising experience.

  • College degree in business related field or equivalent experience.

  • Experience selling feed ingredients into the dairy industry in California

  • Proven critical thinking skills and ability to drive strategy forward.

  • Demonstrated exceptional customer service skills and relationship building capability

  • Proven ability to perform in a fast-paced environment.

  • Demonstrated aptitude in accounting and financial practices and procedures.

  • Highly skilled in problem solving techniques.

  • Demonstrated understanding of grain markets, hedging, commodity flows and logistics.

  • Knowledge of the agricultural industry’s trading standards and procedures.

  • Ability to travel, as needed.


 


The anticipated starting base salary for this position is $100,000 - $115,000 with a robust incentive package. This range may be more or less depending upon skills, experience, education.

Requirements

Minimum



  • 2+ years merchandising experience.

  • College degree in business related field or equivalent experience.

  • Experience selling feed ingredients into the dairy industry in California

  • Proven critical thinking skills and ability to drive strategy forward.

  • Demonstrated exceptional customer service skills and relationship building capability

  • Proven ability to perform in a fast-paced environment.

  • Demonstrated aptitude in accounting and financial practices and procedures.

  • Highly skilled in problem solving techniques.

  • Demonstrated understanding of grain markets, hedging, commodity flows and logistics.

  • Knowledge of the agricultural industry’s trading standards and procedures.

  • Ability to travel, as needed.

To apply please click on APPLY TO THIS POSITION

Job Post Date: 04/13/24
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