Renewable Energy Group Trader, Procurement in Ames, Iowa


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.


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


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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