Associate Trader at Ardent Mills in Plymouth, Minnesota

Job Description:

Associate Trader

Your role:

As Associate Trader you will be responsible for Millfeed and/or Second Clear (2C). This role is responsible for risk management surrounding wheat midds, second clear flour, distressed product, or out of spec product produced by all of the US/CDA flour mills in the Ardent Mills system. This includes market demand analysis, developing pricing/trading/selling strategies, pipeline management, and segmenting the customer base into pricing tiers.

To succeed, you must be able to:

• Deliver results in first-time situations by inspiring others and working to earn trust every day.


• Serve others with understanding, respect, and care.


• Operate with simplicity, clarity and transparency.


• Deal with and drive change.


• Organize, prioritize and own multiple tasks while meeting or exceeding deadlines.


• Learn and apply new technology, and share your knowledge with others.

Above all you will be expected to carry out all your activities with reliability, integrity, compliance and in a safe, environmentally responsible, and efficient manner.

Your responsibilities:

• The Associate Trader must ensure physical trade execution through direct collaboration with a logistics coordinators, which ensures that we satisfy both the demands of the mills and the needs of the customers.


• This role will be expected to seek new markets and product opportunities, as well as maintaining our position in market segments where we already participate (livestock feed and pet food). As part of this, it may be useful to attend various conferences and/or meetings, though the job does not require a large amount of travel overall.


• If/when involved with 2C, the trader is somewhat of a hybrid between a Millfeed trader and a flour salesperson, so an understanding of pricing of patent flour is useful.


• 2C trader is responsible for pricing of product both as a feed credit, and in selling to end user customers. Within this structure, the 2C trader is an integral part of the larger Millfeed trading team and must be in constant communication with mills traders to ensure alignment around best direction for the 2C product stream (Clear as clear, or clear to feed economics).


• The role is also expected to become increasingly familiar with the milling operations, sales, and other parts of the business. Time will be spent in broadening the basic understanding of Ardent Mills to become a more effective and complete team member.


• Establish and execute trading / sales strategy. Includes negotiation of prices, and an understanding of different pricing 'tiers' that exist in this market. Direct contact with customers.


• Engage daily with flour mills to understand supply of product, condition of product, and needs for logistical service. Seek to understand production variances that are a regular part of these products.


• Work / collaborate directly with logistics coordinator to manage regional logistics and ensure adequate service to both customers and flour mills.


• Work directly with other NGFI team members to understand best decisions surrounding the second clear and Millfeed product streams and how to move it to best priced markets.


• Work to maintain an adequate fleet of trucks/cars in order to ensure logistical execution.


• Help with credit and/or accounts receivable efforts along with contract maintenance to minimize trade execution losses.

Essential skills and experience:

• Bachelor's degree.


• Proven communication, teamwork and leadership skills.


• Proven problem solving and analytical skills.


• Ability to formulate strategy, make decisions, and execute plans effectively.


• Ability to work as a member of a team towards a team goal, while managing one's own region.


• Must be able to operate in ambiguous and changing market environment. The production of these particular streams can be wildly variable, and you must be able to adapt to changing conditions while still keeping mills and customers satisfied to the best of your ability.

Good to have:

• Previous experience in commodity trading and/or product sales roles.

Physical requirements and working conditions (with or without reasonable accommodation):

• Able to work in an office, use the phone and computer.


• Able to work remotely for part of the week from a home or remote office as needed.

EEO Commitment

At Ardent Mills, everyone matters and everyone has a voice. We are committed to providing an environment of mutual respect where equal opportunities are available to all applicants and team members and the decisions will be based on merit, competence, performance, and business needs. We are proud to be an equal opportunity employer. We do not discriminate on the basis of race, color, religion, creed, national origin, aboriginality, ancestry, marital status, sex, sexual orientation, gender identity or expression, physical or mental disability, pregnancy, genetic information, veteran status, age, political affiliation, or any other non-merit characteristic protected by law or not. Together, celebrating our differences, we make Ardent Mills.

The preceding position description has been designed to indicate the general nature and essential duties and responsibilities of work performed by employees within this position. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees in this position. The description, duties, functions, and responsibilities are subject to change at the discretion of Ardent Mills.

Location:

Plymouth Office MN

Address:

2 Carlson Parkway North, Plymouth MN, 55447

Additional Locations (if applicable):

Employment Type:

Full time

Additional Information:

Apply Now