Senior Merchant

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 is expected to build deep customer relationships with both the buyer and seller and plays a critical role in mentoring and guiding other Merchants on the team. Job Responsibilities: Logistics/Execution: - 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. - 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 exec...