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Commodity Trader Jobs in Michigan (NOW HIRING)

... trade regulations, and industry developments. * Leads supplier negotiations and manages commercial ... Develops annual commodity plans to achieve cost reduction targets and year-over-year performance ...

New

... trade regulations, and industry developments. * Leads supplier negotiations and manages commercial ... Develops annual commodity plans to achieve cost reduction targets and year-over-year performance ...

New

Minimum 3 years of experience in lumber trading, commodity trading, or building materials sales. Strong communication and negotiation skills, with a persistent problem-solving approach. Computer ...

Strategies should include data from trade fairs, macroeconomic and geopolitical influences, supplier landscape of opportunities and risks. * In compliance with the commodity strategy and in alignment ...

Strategies should include data from trade fairs, macroeconomic and geopolitical influences, supplier landscape of opportunities and risks. * In compliance with the commodity strategy and in alignment ...

Ensure compliance with company purchasing policies, ethical sourcing standards and trade ... Global Commodity Strategy and Sourcing: * Develop and execute global sourcing strategies for ...

Set-up steel pricing sheets and distribute to all stampers & commodity buyers * Set-up & update ... Basic steel grades & properties, stamping process and foreign trade concepts (Incoterms, HTS ...

The Analyst for Trade Compliance will work as part of the Transportation and Trade Compliance team ... Engage with Procurement commodity teams, as well as process partners in Supply Chain, Government ...

New

Non-Ferrous Warehouse

Negaunee, MI · On-site

$16 - $19.50/hr

This process is done by weighing material, inputting the correct commodity code into the system and ... Alter Trading Corporation is a 125 year old company, with 70 scrap metal processing facilities ...

Be Seen First

Exposure to transportation, recycling, logistics, commodity trading, and manufacturing operations * Opportunity to make a direct impact on operational performance and team success About Grand Rapids ...

Be Seen First

Exposure to transportation, recycling, logistics, commodity trading, and manufacturing operations * Opportunity to make a direct impact on operational performance and team success About Grand Rapids ...

... dates, trade dates, commodity quantities, hedge levels, PO/ODA identifiers, and supplier confirmations. * Help prepare summaries used for leadership review of hedging actions, physical metal ...

... dates, trade dates, commodity quantities, hedge levels, PO/ODA identifiers, and supplier confirmations. * Help prepare summaries used for leadership review of hedging actions, physical metal ...

The Export Compliance Manager will support global trade compliance activities related to production ... Experience preparing export license applications, commodity classification requests, voluntary ...

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Showing results 1-20

Commodity Trader information

See Michigan salary details

$43.1K

$56.7K

$68.9K

How much do commodity trader jobs pay per year?

As of Aug 30, 2026, the average yearly pay for commodity trader in Michigan is $56,653.00, according to ZipRecruiter salary data. Most workers in this role earn between $50,100.00 and $63,200.00 per year, depending on experience, location, and employer.

What is a commodity trader?

Commodity traders buy and sell commodities for a firm or bank. Your job duties include researching current stock market trends, advising clients on investments, and keeping up with industry news. Most commodity traders receive instructions from clients before performing deals online or in-person. Since you are dealing with your client’s money, closely tracking the price of commodities is key. Many commodity traders double as financial advisors for their clients, reviewing their investment portfolios in person.

What are the main challenges a commodity trader faces when managing market volatility?

Commodity Traders often navigate significant market volatility due to factors like geopolitical events, supply chain disruptions, and weather patterns. Managing this volatility requires staying informed through real-time data, utilizing risk management tools such as hedging, and maintaining strong relationships with clients and suppliers. Success in this role also depends on quick decision-making and adaptability, as market conditions can change rapidly. Collaborating closely with analysts, logistics teams, and risk managers is essential to develop effective trading strategies and minimize potential losses.

What are the key skills and qualifications needed to thrive as a commodity trader, and why are they important?

To thrive as a Commodity Trader, you need strong analytical skills, financial acumen, and a background in finance, economics, or a related field, often supported by relevant certifications such as Series 3. Familiarity with trading platforms, risk management software, and market analysis tools is essential. Excellent decision-making under pressure, negotiation skills, and effective communication set top performers apart in this field. These skills and qualities are crucial for navigating volatile markets, managing risk, and maximizing profitable trading opportunities.

What is the difference between Commodity Trader vs Commodity Analyst?

AspectCommodity TraderCommodity Analyst
CredentialsTypically requires a bachelor's degree in finance, economics, or related fields; certifications like CFA are commonUsually holds a degree in economics, finance, or related areas; certifications like CFA are also beneficial
Work EnvironmentFast-paced trading floors, financial institutions, or trading firmsResearch firms, financial institutions, or corporate analysis departments
Employer & Industry UsageUsed by trading companies, banks, and commodity firms for buying and selling commoditiesEmployed by research firms, investment banks, and corporations for market analysis and forecasting

While both roles require strong analytical skills and knowledge of commodities, Commodity Traders focus on executing trades and managing risk in real-time, whereas Commodity Analysts conduct research and provide insights to inform trading strategies and investment decisions.

Does commodity trading pay well?

Commodity traders can earn high salaries, especially with experience and successful risk management skills. Compensation often includes base pay, bonuses, and commissions, and can vary based on market conditions and individual performance.

How much do commodity traders make?

Commodity traders' salaries vary based on experience, location, and performance, but they typically earn between $70,000 and $150,000 annually. Successful traders with strong market skills and risk management expertise can earn significantly higher bonuses and commissions, increasing total compensation.

Is commodity trading a good job?

Commodity trading as a profession involves buying and selling raw materials like oil, metals, and agricultural products, often requiring strong analytical skills and market knowledge. It can be financially rewarding but also involves high risk and market volatility, making it suitable for individuals with risk management skills and the ability to work under pressure.

What do commodity traders do?

Commodity traders buy and sell raw materials such as oil, metals, agricultural products, or energy commodities in global markets. They analyze market trends, manage risks, and execute trades using trading platforms, often requiring strong analytical skills and knowledge of market regulations.

What are the most commonly searched types of Commodity Trader jobs in Michigan?

The most popular types of Commodity Trader jobs in Michigan are:

What are popular job titles related to Commodity Trader jobs in Michigan?

For Commodity Trader jobs in Michigan, the most frequently searched job titles are:

What cities in Michigan are hiring for Commodity Trader jobs?

Cities in Michigan with the most Commodity Trader job openings:

What are popular job titles related to Commodity Trader jobs in MI?

For Commodity Trader jobs in MI, the most frequently searched job titles are:

Infographic showing various Commodity Trader job openings in Michigan as of August 2026, with employment types broken down into 100% Full Time. Highlights an 93% In-person, and 7% Remote job distribution, with an average salary of $56,653 per year, or $27.2 per hour.

Full-time

Posted 3 days ago

New


Dana Incorporated rating

5.9

Company rating: 5.9 out of 10

Based on 79 frontline employees who took The Breakroom Quiz

453rd of 495 rated machine equipment manufacturers


Job description

Job Purpose

Dana is a global leader in the supply of highly engineered driveline, sealing, and thermal-management technologies that improve the efficiency and performance of vehicles with both conventional and alternative-energy powertrains. Serving three primary markets - passenger vehicle, commercial truck, and off-highway equipment - Dana provides the world's original-equipment manufacturers and the aftermarket with local product and service support through a network of nearly 100 engineering, manufacturing, and distribution facilities.

Job Duties and Responsibilities
  • Directs strategic sourcing activities associated with Dana's regional spend for the Steel SBQ commodity across multiple business units.
  • Develops, implements, and executes commodity strategies for SBQ steel, forged steel inputs, bar products, and other steel-related materials used in automotive and industrial applications.
  • Aligns regional sourcing strategies with global commodity objectives and corporate procurement initiatives.
  • Maintains thorough knowledge of steel market dynamics, including mill capacity, raw material trends, scrap markets, alloy surcharges, tariffs, imports, trade regulations, and industry developments.
  • Leads supplier negotiations and manages commercial relationships with integrated mills, mini-mills, processors, service centers, and specialty steel suppliers.
  • Leads opportunities for cost reduction, productivity improvements, value engineering, supplier consolidation, and total cost optimization.
  • Develops annual commodity plans to achieve cost reduction targets and year-over-year performance improvements.
  • Negotiates long-term supply agreements and commercial contracts focused on cost, quality, delivery, lead-time reduction, risk mitigation, sustainability, and service improvements.
  • Partners with engineering, operations, quality, finance, and logistics teams to optimize material specifications, inventories, and supply chain performance.
  • Monitors supplier performance metrics related to quality, delivery, cost, responsiveness, sustainability, and continuous improvement initiatives.
  • Identifies opportunities to leverage global steel volumes and purchasing power across Dana facilities.
  • Collaborates with Supplier Quality and Operations teams to address quality concerns and drive corrective actions.
  • Supports new product launches by ensuring sourcing strategies and supplier capacity are aligned with program requirements.
  • Monitors compliance with supplier contractual obligations and Dana procurement policies.
  • Provides commodity market intelligence and executive-level reporting on pricing trends, forecasts, savings performance, and supply chain risks.
  • Leads cross-functional teams and strategic initiatives focused on supply chain optimization and steel procurement excellence.
  • Presents commodity strategies, project updates, supplier performance reviews, and savings initiatives to senior management.
  • Performs other duties and special assignments as required. Directs the activities associated with the SCMG managed regional spend for the Steel SBQ commodity across Business Units. 
    25% travel
Education and Qualifications

Excellent communication skills, verbal and written. 
Demonstrated leadership experience and people management skills. 
4-year degree in business or engineering required, MBA or MS in engineering preferred. 
5 - 7 years' progressive purchasing experience required
Participation and leadership of cross-functional teams.
Familiarity with Procurement and Quality Supplier Metrics with flow-down to supplier contracts and performance reviews. 
Must have an understanding of blueprints and technical specifications. 
Strong personal computer skills required, including experience with MS Office software. 
Have worked with Lean/Six-Sigma principles and performance improvement tools. 
Understanding of ISO/TS 16949 or QS-9000 Quality Specifications. 
Willing to travel and periodically work non-traditional business hours. 


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