Renewable Energy Group Trader, Procurement in Ames, Iowa

POSITION PURPOSE:

The purpose of this job is to be responsible for trading commodities, developing market opinions, managing inventories, and specifically managing product position in feedstock, chemicals, or co-products. This position is responsible for establishing and cultivating positive relationships with customers, suppliers, and plant personnel.

ESSENTIAL FUNCTIONS:

Key Accountabilities:

Develop Market Opinion

  • Look at historical trends

  • Determine future opinion on markets

  • Act upon market opinion within limitations

Trade commodities

  • Establish and maintain positive relationships with customers, suppliers, and plant personnel

  • Trade variety of inputs and outputs

  • Utilize freight and logistic advantages to improve overall profitability

  • Manage purchasing/sales position

Manage Inventories

  • Make sure plants have adequate feedstock/chemical/co-product levels to operate plant

  • Project future needs of plant by working with plant management and supply chain

  • Manage blend limitations with purchases

Other frequent duties:

  • Work with developing and improving processes as well as developing new feedstocks and relationships

  • Consider REG’s risk management policy in all trades

  • Ensure all trades abide by appropriate specified guidelines

  • Provide support to other REG departments as necessary

JOB QUALIFICATIONS:

Education Required: 4 year bachelor’s degree –Finance, Economics, Agriculture Business or related business degree

**5 years of trading experience may substitute for some education

Experience Required: 2-5 years

Skills Required:

  • Advanced excel skills

  • Extensive math and accounting skills

  • Microsoft Office Suite (Excel, PowerPoint, Outlook, Word)

  • Strong verbal and written communication skills

Special skills or knowledge preferred:

  • JD Edwards

  • General market knowledge

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