Recycled Metals Buyer

Job Summary: Join our Metal Exchange team in this fast-paced buying position, primarily focused on purchasing non-ferrous metals directed at markets and products that fit within one or more of our business units. As a Buyer, you will need to build and maintain strong relationships with our current and prospective trading partners. The Buyer must understand the dynamics of the market as well as costs associated with the transactions so that the profitability is well planned and executed. The position requires an understanding of various market pricing components and management of the associated risks.

A successful Buyer will be personable and capable of soliciting, developing, and growing relationships with our trading partners. The Buyer will also possess analytical skills to make decisions that are good for Metal Exchange and our trading partner. Negotiating skills that combine the characteristics of a good relationship, a professional and well-developed strategy, a sense of fairness, and a good understanding of our needs, are essential. Any commercial disputes that arise must be resolved in a timely and amicable manner, particularly in the scrap business where they periodically arise, requiring the aforementioned negotiation skills. We are looking for safe and dedicated individuals to help us serve these customers!

Responsibilities of the Role:

• Maintain current supplier relationships and acquire new ones, to gain additional market share.
• Visiting current and prospective suppliers at their facilities. Perform inspection of materials to ensure quality.
• Negotiate agreements to maximize margins for Metal Exchange, while understanding the associated risks.
• Consistently increasing the total number of accounts handled and volumes of business concluded.
• Provide customer service by efficiently and economically resolving quality claims and/or other discrepancies between Metal Exchange, the buyers, and the sellers.
• Develop knowledge of metal markets and the tools necessary to compete in the trading business (terminal markets, tolls, formula pricing, hedging, etc.)
• A minimum three-month training program will be required before calling on suppliers. This will include working in a scrap yard, training from senior traders, and visits to manufacturing facilities.
• Become familiar with current metal prices by receiving, reviewing, and analyzing price sheets daily.
• Timely and accurate entry of contracts, hedge requests, and change orders into Metal Exchange’s business trading system.
• Buyers should be assertive and driven in the pursuit of opportunities – both domestically and internationally and be willing to travel a minimum of 25% of the time.
• Attend industry events to keep up with current market trends and maintaining and developing those relationships.

Ideal Candidate Will Have:

• Education
  • Required: Bachelors Degree
• Experience
  • 0-3 years of business or metal experience

Other Required Knowledge, Skills, and Abilities:

• Highly motivated, self-driven, and eager to learn and apply new skills
• Ability to work with others and be a part of a team
• Proficient negotiation techniques and strategies
• Demonstrates astute business acumen and sound judgement
• Self-starter, a strong drive, and intellectual curiosity
• Strong communication skills and ability to effectively disseminate information in a clear and concise manner
• Ability to travel 25% of the time
• Must be eligible to work in the United States, visa sponsorships are not available

Perks of the Job:

• Medical, dental and vision insurance
• Paid parental leave
• Disability and life insurance
• 401(k) with robust matching contribution
• Generous allotment of paid vacation and paid holidays
• Competitive wages plus performance-based bonus opportunities
• Employee Assistance Program (EAP)
• Ongoing training and professional development
• Ample opportunity for career growth and advancement

Why Our People Love Working Here…And So Will You!:

• Purpose-driven, friendly, open and respectful culture
• Highly engaged workforce – as indicated by best-in-class engagement scores
• Hybrid in-office and remote workplace
• Shared core values of safety, integrity, caring, and growth
• Leaders committed to building more diverse, inclusive teams
• Tuition reimbursement

Our Commitment to Inclusion: We welcome people of different backgrounds, abilities and perspectives. To ensure our business and culture continue to be inclusive of all people, we never discriminate on the basis of race, religion, national origin, gender identity or expression, sexual orientation, age or marital status, veteran or disability status. Metal Exchange and its family of brands are proud to be equal opportunity employers. Additionally, all your information will be kept confidential according to EEO guidelines. Should you have any questions or require special assistance completing your application, please email jobs@metalexchangecorp.com.

Who We Are: Founded nearly half a century ago in St. Louis, Missouri, Metal Exchange continues to grow as a global leader in the purchasing, processing and manufacturing of non-ferrous metals. Enabled by our breadth of experience and deep expertise, we are proud to deliver top-quality products and services to customers across our family of brands – including Metal Exchange Trading, Metal Exchange Cast Products, and Pennex Aluminum.

But it’s not just what we do that sets us apart, it’s how we do it. Safety. Integrity. Caring. Growth. These core values are embodied by each member of our team; guiding every action we take and decision we make. Whether it’s driving innovation within our industry, making the impossible possible for our customers, providing a safe, respectful workplace for employees or supporting our local communities, our purpose is clear. We are dedicated to impacting our world in a positive way.

If you are a like-minded individual with a strong ability to problem solve, collaborate and effectively communicate, Metal Exchange may be the perfect place for you to grow your career. To learn more, please visit MetalExchangeCorp.com.