Dairy Trader
ofi North America (Olam Food Ingredients) · Chicago, IL · 2 days ago
Manufacturing$116k–$154k/yrFull-time
Position Summary
We are a global leader in food & beverage ingredients. The Dairy Trader reports to the Vice President, Dairy and oversees a physical trading book, holding accountability for P&L. The role involves blending market analysis, risk management, trade execution, and strategic commercial leadership to deliver consistent profitability.
Position Responsibilities
- Manage a physical dairy commodity trading book, including buy-sell decision-making and execution based on market fundamentals.
- Own and report P&L performance, ensuring transparency and alignment with business objectives.
- Sustainably scale up the book by investing in diverse strategies which improve quality of earnings to enhance portfolio resilience and profitability.
- Execute trades accurately and on time in compliance with company policies and regulatory standards.
- Oversee end-to-end execution, including contracting, logistics, delivery, and payment processes.
- Maintain oversight of supply-demand fundamentals, price trends, and macro drivers to inform trading strategies.
- Design and implement risk management strategies, monitor exposures and operational risks.
- Cultivate high-impact relationships across producers, brokers, customers, and internal stakeholders.
- Drive domestic and global sales strategies to maximize opportunities and align positions with demand.
- Perform other duties as assigned to support business objectives and continuous improvement.
Position Requirements
- A bachelor’s degree is required, preferably in Economics, Business, Agriculture, Supply Chain, or a related field; an advanced degree is preferred and an advanced degree is highly recommended.
- Five (5) Years of experience in trading is required; ag commodities are strongly preferred.
- Minimum of two (2) years of experience in commercial/commodity selling.
- Strong command of market fundamentals, basis and spreads, and physical execution (contracting, logistics, delivery, settlement).
- Proven P&L ownership with disciplined risk management and decision-making under uncertainty.
- Demonstrated ability to grow a trading book in volume and value.
- Proficiency with market data/analytics tools and trade capture systems; advanced Excel or analytics skills are preferred.
- Excellent relationship-building and negotiation skills with producers, brokers, customers, and internal teams.
- High attention to detail, strong organizational capability, and clear, concise communication.
- Strong customer service orientation with a passion for delivering exceptional customer experiences and building long-term relationships is required.
- Experience in proactively seeking out new sales opportunities through various channels, including cold calling, networking, and leveraging market research to identify potential customers is required.
- Highly skilled deal negotiation is preferred.
- Strong verbal and written communication skills with the ability to articulate complex information clearly and effectively are required.
- Excellent interpersonal skills, with the ability to build and foster trusting relationships with both internal and external stakeholders, are required.
- Travel up to 30%.
Pay and Benefits
The pay for this role ranges from $116k-$154k and is based on the position responsibilities and geographic location. Actual pay within this range may be determined based on candidate’s experience, qualifications and/or other determining factors.