Junior Commodity Trader at Casey's

Date: 17 hours ago
City: Ankeny, IA
Salary: $63,000 - $80,000 per year
Contract type: Full time
Join Casey’s in shaping a better future for our communities, guests, and team members as a Junior Commodity Trader! In this role, you’ll be responsible for executing Casey’s refined fuel hedging strategies to balance physical inventories and hedge positions. The Junior Commodity Trader collaborates across teams to manage hedge positions and swaps, calculate daily P&L, and develop strategies that limit Casey’s risk exposure. Additionally, you’ll monitor market trends, provide daily insights, and build models to assess risk.

What You'll Do

  • 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.

What you can expect when you join the Casey's Team:

  • A transformative culture putting service first and taking pride in caring for our guests, our communities, and each other.
  • We're here for families! 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.
  • Dress for your day dress code, jeans are welcome!
  • The opportunity to work for a big company that has not lost our small company feel. Our senior leadership team is engaged, involved and accessible!
  • What are you waiting for? Come be a part of a company that is growing, transforming and is here for good!

Compensation

Starting pay range:‏‏‎ ‎$63,000 ‎-‏‏‎ ‎$80,000.‏‏‎ ‎ Actual pay may vary based on Casey’s assessment of the candidate's knowledge, skills, abilities (KSAs), related experience, education, and qualifications. Other factors impacting pay include local prevailing wages and internal equity. This position is eligible for an annual cash bonus based on company performance. Our full salary range for this role does extend beyond the hiring range listed, allowing team members the opportunity to continue to grow within the company.

Requirements

  • 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 Qualifications

  • Knowledge of pipeline logistics.
  • Experience with Right Angle software.

How to apply

To apply for this job you need to authorize on our website. If you don't have an account yet, please register.

Post a resume

Browse All Jobs in This State

Explore full job listings for the area:: Jobs in Ankeny | Jobs in Iowa

You May Also Be Interested In

Find other job listings similar to this one: