Cargill Corn Oil Merchant in Wayzata, Minnesota

Corn Oil Merchant

Cargill provides food, agriculture, financial and industrial products and services to the world. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and over 150 years of experience. We have 155,000 employees in 70 countries who are committed to feeding the world in a responsible way, reducing environmental impact and improving the communities where we live and work.

Description

Position Purpose

The Corn Oil Merchant position is part of a team that is responsible for managing Cargill’s $500MM USD revenue corn oil business. Specific responsibilities include merchandising, trading, hedging, and overall management of domestic corn oil sales and position for Starches, Sweeteners and Texturizers North America (SSTNA). This role will give commercial direction to logistics, customer service and production personnel to maximize potential profits and in doing so, requires a high degree of cross-functional interaction with others in accounting, finance, plant operations, supply chain, and product line management. This position is the primary domestic US customer contact, and is also actively involved in managing price-risk, supply and demand analysis, and both cash and futures trading game plan formulation and execution. This role is also responsible for managing Cargill Oils (GEOS, SSTNA, and CASCNA Fargo Asset) relationship with Frito Lay NA, one of the largest vegetable oil buyers in NA. This senior customer management responsibility reports to the 3 stakeholder businesses and requires advanced skills in customer relationship management.

Principal Accountabilities

30% Manages North American Corn Oil customer accounts including cash and basis trading; meeting customer quality and logistic needs

20% Maintains merchant’s position, formulates domestic supply/demand scenarios, and participates in formulation and execution of corn oil trading game plan including broader vegetable oils analysis and cross-commodity hedging/risk management

20% Manages Cargill Oil relationship in North America with Frito Lay, ensuring smooth supply, maximizing margin, and securing growth in strategic areas

15% Setting site logistic priorities and supporting customer service work activities

15% Customer analysis supporting overall product line strategy, including customer segmentation, customer profitability analysis, and other items as assigned

Relocation assistance will not be provided for this position.

Qualifications

Minimum Required

  • Bachelor’s Degree

  • Minimum 2 years of merchandising, trading, sales, or commercial experience

  • Demonstrated knowledge in understanding margins, futures and basis relationships

  • Demonstrated experience working with customers and managing relationships

  • Ability to travel up to 15%

Success Factors

  • Demonstrated strong verbal communication skills

  • Demonstrated strong written communication skills

  • Ability to adapt and learn in a changing work environment

  • Ability to manage multiple priorities

  • Strong attention to detail

  • Ability to work in a team environment

  • Demonstrated relationship building skills

  • Proven strategic thinking, decision making and problem solving skills

  • Demonstrated high execution capacity

Preferred

  • Solid working knowledge of processing industry

  • Knowledge of risk management principles

Equal Opportunity Employer, including Disability/Vet.

Job Trading & Merchandising

Primary Location US-MN-Wayzata

Schedule Full-time

Job Type Standard

Shift Day Job

Req ID: WAY06980