Propane Trader Job at CHS Inc, Inver Grove Heights, MN

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  • CHS Inc
  • Inver Grove Heights, MN

Job Description

CHS Inc. is a leading global agribusiness owned by farmers, ranchers and cooperatives across the United States that provides grain, food and energy resources to businesses and consumers around the world. We serve agriculture customers and consumers across the United States and around the world. Most of our 10,000 employees are in the United States, but today we have employees in 19 countries. At CHS, we are creating connections to empower agriculture.

Summary

CHS, Inc. has an exciting opportunity in our energy department for a propane trader todevelop and execute trading strategies surrounding but not limited to our wholesale business as well as participate in cash markets to bring maximum value to the propane business unit.

The ideal candidate will have excellent communication skills, both verbal and written, with strong negotiation and decision-making skills. A detail-oriented approach combined with strong analytical capabilitiesincluding fundamental and technical analysisis essential for driving added value within the propane business unit.

Position is hybrid out of our global corporate office in Inver Grove Heights, MN or our CHS Energy location in Calgary, AB Canada.

Responsibilities


  • Manage all propane rail positions for both term and spot contracts on a daily basis and provide index markets to our wholesale team and customers.
  • Partner with the wholesale team to achieve desired inventory levels and capture maximum value for the CHS network of rail terminals.
  • Develop and implement hedging strategies to manage risk in propane book of business.
  • Locate and capitalize on arbitrage opportunities in the physical and financial markets.
  • Be accountable for monthly trading profits and losses.
  • Manage all our rail shipments and inventories to minimize detention and demurrage expenses while optimizing our rail fleet performance.
  • Maintain daily positions within CHS limits and mark to market risk.
  • Monitor forward curves and leverage CHS storage assets to enhance profitability.
  • Trade physical Natural Gas Liquids (NGLs) in future markets, physical markets, and OTC (over the counter) markets.
  • Research global, domestic and regional market information and analyze data in order to make accurate price forecasts.
  • Communicate research to peers and management via presentations, daily/monthly meetings and market reports.
  • Be a self-starter and take the initiative to resolve issues when they arise with a focus on the overall team benefit.
  • Develop and maintain strong working relationships within the company and industry so that CHS is positioned to succeed.
  • Collaborate with the propane team and work closely with sales to make the best decisions that support overall business performance with a focus on finding alternatives as markets change.
Minimum Qualifications (required)


  • High School diploma or GED
  • 4 + years experience in energy, trading, supply or commodity-related business to include merchandising/arbitrage experience, daily position reporting, and/or profit/loss management and budget reporting experience
Additional Qualifications


  • Bachelor's degree preferred in Business Management or Economics
  • Management of physical Natural Gas Liquids (NGL) experience
  • Ability to understand a forward market curve and spread trading
  • Prior PowerBI and SAP experience preferred
  • Rail logistics and/or merchandising experience
  • Proven listening and communication skills
  • Pre-employment screening is based on the job requirements and industry guidelines and may or may not be required for the position. If required, selected candidates must pass pre-employment screenings to include all or a combination of drug, criminal, motor vehicle check, physical requirements and FMSCA Clearinghouse

Travel up to 20%.

CHS offers a competitive total rewards package. Compensation includes base wage and, depending upon position, may include other earnings such as bonus, incentives and commissions. Actual pay offered will vary based on multiple factors which may include, without limitation, experience, education, training, specialized skills and certifications, minimum wage/salary requirements under local law.

Benefits include medical, dental, vision, wellness programs, life insurance, health and dependent care spending accounts, paid time off, 401(k), pension, profit sharing, short- and long-term disability, tuition reimbursement and adoption assistance, subject to the eligibility requirements for each benefit plan.

CHS is an Equal Opportunity Employer/Veterans/Disability.

Please note that any communication from a CHS recruiter would be sent using a chsinc.com email address. In addition, a CHS recruiter will not ask for confidential information over the phone or in an email, or request money from a candidate involved in an offer process. If you have questions regarding an employment opportunity, please reach out to chscareers@chsinc.com; to verify that the communication is from CHS.

Job Tags

Minimum wage, Contract work, Temporary work, Work at office, Local area,

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