Program Buyer
Troy, MI · On-site
As an entry level Program Buyer, the Program Buyer will work independently to perform a variety of ... Analyze quotes from suppliers & costs from potential suppliers and prepare for management review ...
Troy, MI · On-site
As an entry level Program Buyer, the Program Buyer will work independently to perform a variety of ... Analyze quotes from suppliers & costs from potential suppliers and prepare for management review ...
Troy, MI · On-site
As an entry level Program Buyer, the Program Buyer will work independently to perform a variety of ... Analyze quotes from suppliers & costs from potential suppliers and prepare for management review ...
$51.4K - $58.6K
8% of jobs
$60.7K is the 25th percentile. Wages below this are outliers.
$58.6K - $65.8K
57% of jobs
$65.8K - $73.1K
0% of jobs
$73.1K - $80.3K
4% of jobs
$84.5K is the 75th percentile. Wages above this are outliers.
$80.3K - $87.5K
9% of jobs
$87.5K - $94.7K
6% of jobs
$94.7K - $101.9K
3% of jobs
$101.9K - $109.1K
1% of jobs
$109.1K - $116.3K
2% of jobs
$116.3K - $123.5K
4% of jobs
$123.5K - $130.7K
4% of jobs
$51.4K
$77.2K
$130.7K
An Entry Level Commodity Analyst is responsible for researching and analyzing market trends, supply and demand factors, and pricing movements for various commodities. They assist senior analysts and traders by providing data-driven insights to support buying, selling, and risk management decisions. Typical tasks include monitoring economic indicators, gathering data from reports, and using analytical tools to forecast price movements. This role requires strong quantitative skills, attention to detail, and the ability to work in a fast-paced, data-driven environment. It is an excellent starting point for a career in commodities trading, risk management, or supply chain analysis.
To thrive as an Entry Level Commodity Analyst, you need strong analytical abilities, attention to detail, and a bachelor's degree in finance, economics, business, or a related field. Familiarity with Excel, data visualization tools such as Tableau, and sometimes basic statistical software are commonly required, while internships or certifications in commodities or financial markets can be advantageous. Effective communication, problem-solving, and teamwork skills help you stand out when reporting findings and collaborating across departments. These skills are essential for accurately analyzing market trends, supporting decision-making, and ensuring smooth team operations in a dynamic market environment.
A typical day for an Entry Level Commodity Analyst involves collecting and analyzing data on commodity prices, supply and demand trends, and global market conditions to support trading or procurement strategies. You'll often prepare reports, monitor news affecting markets, and participate in team meetings to discuss findings or potential risks. Collaboration with senior analysts, traders, and procurement teams is common, giving you exposure to real-time market dynamics and decision-making processes. It's a fast-paced role that requires adaptability and offers great opportunities to learn from experienced colleagues and develop your industry expertise.

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What we offer:Job Responsibilities:
Mission of Position:
We are looking for talented team members to be a part of a dynamic team looking to push boundaries, innovate, and are passionate about being a part of the team working on traditional powertrains and be part of the transformation to eMobility.
Support the execution of Magna Powertrain Global Purchasing Process as applicable to each program ensuring the synergies of the commodity strategies amongst all different customer applications in the purchasing group. Direct and coordinate all Purchasing Operation activities between suppliers and all areas of organization i.e., Strategic Purchasing, Program Managers, Supplier Quality Development and/or other divisional designates.
As an entry level Program Buyer, the Program Buyer will work independently to perform a variety of basic Purchasing assignments with varied responsibility but may require some guidance and direction from a senior Program Buyer/Mentor orManager.
Kay Responsibilities:
Requirements and Qualifications:
Magna Standards:
The above is intended to describe the general content of and the requirements for the performance of this position. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements
Work Environment:
Office environment, 10-15% travel required.
While working in this environment, the employee will be exposed to machinery, moving equipment and material, moderate noise, airborne particles, fumes and various levels of temperature created by manufacturing processes.
At Magna, we believe that a diverse workforce is critical to our success. That's why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email or traditional mail to comply with GDPR requirements and your local Data Privacy Law.
AI-Assisted Screening Disclosure
As part of our commitment to a fair, consistent, and efficient recruitment process, we may use artificial intelligence (AI) tools to assist in the initial screening of applications submitted through our Workday system. These tools help identify qualifications and experience that align with the role requirements. Please note that AI is used solely to support our recruiters. Final decisions are always made by the hiring manager and the hiring team. Importantly, no applicant data is shared externally through these AI tools. All information remains securely within our systems and is handled in accordance with our privacy and data protection policies.
Under conditions defined by applicable law, you may have the right to request an explanation of how AI is used to support decision-making.
If you have any questions or concerns about this process, feel free to contact our Talent Attraction team.
Worker Type:
Group:
Sourced by ZipRecruiter
Investment clubs and venture capital companies
11 - 50 Employees
New York, NY, US
2009