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Casey's · 1 day ago

Junior Commodity Trader

Ankeny, IA

Full-time

Onsite

Entry Level

$63K/yr - $80K/yr

3+ years exp

Casey's is committed to shaping a better future for communities, guests, and team members, and they are seeking a Junior Commodity Trader. In this role, the trader will execute refined fuel hedging strategies, collaborate with teams to manage hedge positions, and monitor market trends to assess risk exposure.

E-CommerceFood and Beverage

Responsibilities

Execute and record commodity trades to balance physical inventory with hedged positions daily

Collaborate with procurement and scheduling teams to place hedge positions that mitigate pricing risk

Manage RINs and environmental credits and ensuring compliance through EPA platforms

Partner with Sales to execute swaps on fixed pricing deals

Calculate daily profit/loss for each terminal

Maintain and strengthen relationships with brokers

Develop risk management strategies for refined fuel products to limit price exposure

Propose and implement trading plans that capitalize on market and pricing trends

Build models and conduct studies using fundamental and technical analysis to proactively assess price risk

Provide and communicate market insights daily, adapting to changes driven by fundamental, technical, geopolitical, and local events

Perform other duties as assigned

Qualification

Commodity tradingRisk management strategiesAdvanced Excel skillsEnergy industry experienceIndex pricing familiarityAnalytical skillsThrive in dynamic settingRight Angle software experiencePipeline logistics knowledgeInterpersonal skillsNegotiation skillsDetail-orientedCollaboration skillsCommunication skillsOrganizational skills

Required

Bachelor's degree in Finance, Banking, Accounting or related discipline or equivalent work-related experience

At least three years of experience in the energy industry with a focus on fuel distribution, pricing, transportation, and trading of domestic physical petroleum products

Familiarity with index pricing (OPIS, PLATTS, ARGUS), spot pricing, US cash market, inventories and basis impact

Excellent interpersonal, written and verbal communication skills

Strong analytical skills, including math, probability, and statistics

Proven negotiation and decision-making skills, especially in high-pressure environments

Detail-oriented and highly organized, with a commitment to accuracy and follow-through

Ability to collaborate and build relationships based on transparency and mutual respect, both internally and externally

Ability to thrive in a fast-paced, dynamic setting with a strong work ethic and sense of urgency

Advanced Excel skills to manage large datasets, apply complex formulas, and independently generate reports

Preferred

Knowledge of pipeline logistics

Experience with Right Angle software

Benefits

Great benefits including choices in medical plans, dental, vision, life insurance, employee stock purchase program, charitable giving programs, and parental leave.

Competitive pay, 401k company match up to 6%, vacation & sick time, paid holidays, and volunteer time.