Commodity Trader
The Commodity Trader will provide analysis, market strategy, and hedge execution for core commodity categories across Inspire Brands. The trader role is data focused providing input into Commodity Strategies, implementation of those strategies, and tracking the financial results of the Inspire Supply team. This position will provide updates to management on key performance metrics and help execute commodity strategies created along with the rest of the risk management team.
This position will sit onsite in our Atlanta Support Center and will be onsite 80% of the time.
RESPONSIBILITIES
Commodity Management strategy
- Analyze and forecast prices of core commodities using fundamental and technical (charting) analysis
- Track, calculate, and verify the performance of strategies against actual pricing
- Formulate recommendations on commodity management strategies across multiple commodity markets.
- Execute strategies within commodity markets in a timely and efficient manner
- Work with various brands to create risk management strategies that best manage their unique risk profiles, menus, and promotional calendar.
- Strong knowledge of options trading
Risk Management strategy
- Identify and quantify risks to commodity markets (e.g. tariffs, geopolitical instability, disease) and the impact of these risks to Inspire Brands
- Develop a mitigation strategy for these risks consistent with the risk posed utilizing a combination of risk management strategies that could include: forward fixed contracts, futures/options positions, or hedge proxies
- Educate and update leadership on these risks, periodically updating management as risk changes
- Develop commodity forecasts of up to 24 months in alignment with business needs and taking into consideration current and future hedges
- Manage a forecast from start to finish, partnering across business units in an efficient and timely manner
Partner with cross-functional stakeholders
- Provide necessary commodity data and analysis to support strategic goals, assist with RFPs, and price change negotiations
- Follow relevant news sources on information about global commodity markets important to Inspire and spread appropriate information to others within the organization
- Assist with reporting key market events and the creation of a routine market update report disseminated to Inspire Brand Stakeholders
Other tasks as assigned by management
EDUCATION AND EXPERIENCE QUALIFICATIONS
- BS in Business, Supply Chain, Finance, Economics or other equivalent and relevant to perform this function
- MS in Business, Supply Chain, Finance, Economics or similar field preferred
- 6-8 years of Commodity trading, risk management or relevant supply chain experience
- Experience in one or more of the following markets:
- Wheat
- Corn
- Soy Complex
- Fuels
- Energy
- Coffee
- Sugar
- Cocoa
- Live/Feeder Cattle
- Lean Hogs
- Cheese
- Butter
REQUIRED KNOWLEDGE, SKILLS or ABILITIES
- People and results oriented
- Attention to detail and the accurate handling of large volumes of data
- Excellent presentation, written communication, and oratory skills
- Deep analytical skills focused on agricultural markets and fundamental Supply and Demand Analysis.
- Expert working knowledge in Excel and Power Point
- Working knowledge of Bloomberg, CQG, Eikon, Prophet X or other charting programs a plus
- Strong technical analysis skills
- Effectively can use S/D modeling and balance sheet analysis
- Experience trading options and OTC products as well as futures.
- Comfortable working in a dynamic environment with shifting priorities
- A passion for commodity markets, risk management, and trading
DIRECT REPORTS
This role will have 0 reports
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