Commodity Risk Consultant - MID-CO Commodities - Bloomington, IL

SALARY RANGE: $88,950.00 - $122,325.00 

GROWMARK is an agricultural cooperative serving almost 400,000 customers across North America, providing agronomy, energy, facility engineering and construction, and logistics products and services, as well as grain marketing and risk management services. Headquartered in Bloomington, Illinois, GROWMARK owns the FS trademark, which is used by its member cooperatives. GROWMARK also owns and operates SEEDWAY, the largest full-line seed company in the United States. More information is available at growmark.com.

See what it's like to work at GROWMARK: https://youtu.be/CSVMnKCySsY

PURPOSE AND SUMMARY STATEMENT

Responsible for providing grain market information, advice and the development of merchandising strategies to MID-CO accounts.

 

ESSENTIAL JOB FUNCTIONS

Maintains regular contact with assigned futures accounts.  Provides market information and analysis as well as the identification and evaluation of hedging opportunities to MID-CO patrons.  Monitors customer’s margin accounts.  Places customer’s futures and option orders and reports fills.

 

Responsible for soliciting new accounts and providing excellent service to existing complex accounts.

 

Shares a portion of the responsibility for the production of MID-CO informational material (i.e., Weekly Fact Sheet, Market Information, Morning and Afternoon Comments, and Merchandising Updates). 

 

Responsible for maintenance of historical market information within MID-CO. 

 

Assists with preparation and presentation of educational meetings and seminars for accounts and their patrons.  Prepares research data for market analysis.  Makes grain presentations such as market outlooks and hedging strategy at outside meetings and account’s annual meetings as requested. 

 

Participates in planning and presenting at appropriate marketing conferences.  Represents MID-CO at appropriate trade shows. Maintains contact and cultivates relationships with a group of companies that offer potential as future clients of MID-CO.  Identifies and develops new accounts.

 

Contributes to the development of MID-CO recommendations on spread and hedge strategy.  Keeps the current market outlook with special emphasis on basis and spreads. 

 

Establishes and maintains an information sharing environment with cash grain and futures market contacts within and outside of the GROWMARK System.

 

Remains fully informed of regulations, rules and standards pertaining to commodity futures trading.

 

Brings to the attention of their supervisor any customer cash or futures market position which is believed to be high risk. Makes market recommendations which are consistent with the individual account’s ability to bear risk and the manager’s level of market expertise.

 

OTHER JOB FUNCTIONS

Understanding and experience with agricultural marketing-related areas including marketing and merchandising strategy and recommendations; hedging, futures, and options strategies; grain risk management, market information, conditions and trends; price strategy, branding, promotions, industry relations, policies and procedures, and compliance along with planning, budgeting, and communications.

 

Proven professional communication, interpersonal, persuasion, and presentation skills.