Argentina - Español

Senior Quantitative Risk Manager - Commodities

Wilton, CT, United States of America
Job Reference JR0071966
Professional Areas Finance
Function Risk Management
Contract Type Permanent
Years of Work Experience 5 - 8
Start date 2023-11-27

Louis Dreyfus Company is a leading merchant and processor of agricultural goods. Our activities span the entire value chain from farm to fork, across a broad range of business lines, we leverage our global reach and extensive asset network to serve our customers and consumers around the world. Structured as a matrix organization of six geographical regions and ten platforms, Louis Dreyfus Company is active in over 100 countries and employs approximately 17,000 people globally.

This is a senior traders facing role and will be in charge of quite a set of advanced tasks.  This position will play a leading role in advanced modelling to support hedging activities, and collaborates and shares information with global market risk members and other functions.   Also, periodically communication and presentation to senior management is expected. 

*This position is required to be in the office 4 days a week and will sit in Wilton, CT**

Responsibilities:

25%:  Reporting and risk control

  • review positions and strategies, make sure prices and positions aligned properly by MO.
  • dissect reported p&l in alignment with pnl related to position and pnl not related to positions (eg:  crushing margin mark-to-market and mtm reverse, timing adjustment etc.).
  • support desks with VaR analysis for the following riskboxes:   Asset Canada, Asset US, and US parts of global product lines. 

15%:  communication & presentation

  • Communicate regularly to larger market risk team on market and positions risks update.

15%:  Industry knowledge and analysis

  • Follow regional S&D with emphasis on crush and crack / biodiesel / renewable industries in the Americas. 
  • Report and discuss with platform risk manager regularly on market updates in order to refine market analysis.

50%:  Risk modeling and analysis with emphasis on CBOT products and US/SoAm cash markets

Support platform risk manager, in collaboration with risk system team to carry out the following activities in order to support commercial hedging strategies:

  • Update / refine / expand non-deterministic fundamental price modeling using ensemble weather data.
  • Evaluate option implied volatilities to identify optimal option hedging opportunity.
  • Improve existing analysis on basis hedge strategies.
  • Model cross products/ relative value strategies. 
  • Apply asset / real option analysis from an existing tool to better understand existing assets risks while supporting M&A and G&O Strategy on asset valuations (e.g.: US soybeans and canola crush plants). 
  • 5-7 years experience in similar role
  • Masters Degree preferred in engineering, physics or mathematics
  • Strong understanding of non-deterministic modeling and risk valuation methodologies.
  • Commodities experience, preferably in grains and oilseeds market (or other agriculture products)
  • Python experience required
  • Options experience required

Preferred Qualifications:

  • Familiar with trading platforms (Bloomberg, Reuters, or ICE)
  • Familiar with SaS, Azure, Data Brick
  • Real options analysis

This position no supervisory responsibilities. 

What We Offer

We provide a dynamic and stimulating international environment, which will stretch and develop your abilities and channel your skills and expertise with outstanding career development opportunities in one of the largest and most solid private companies in the world.

- Comprehensive benefits program including medical, dental and vision care coverage, flexible spending account plans, employee assistance program, life insurance and disability coverage
- 401k with Company Match
- Family Friendly Benefits including childbirth and parental leave, fertility and family building benefits
- Paid Time Off (PTO) and Paid Holidays
- Hybrid work available (not applicable to all roles)

Diversity & Inclusion

LDC is driven by a set of shared values and high ethical standards, with diversity and inclusion being part of our DNA. LDC is an equal opportunity employer committed to providing a working environment that embraces and values diversity, equity and inclusion.

LDC encourages diversity, supports local communities and environmental initiatives. We encourage people of all backgrounds to apply.

Equal employment opportunity (EEO)

Louis Dreyfus Company provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Sustainability

Sustainable value is at the heart of our purpose as a company.

We are passionate about creating fair and sustainable value, both for our business and for other value chain stakeholders: our people, our business partners, the communities we touch and the environment around us

Company Description

Louis Dreyfus Company is a leading merchant and processor of agricultural goods. Our activities span the entire value chain from farm to fork, across a broad range of business lines, we leverage our global reach and extensive asset network to serve our customers and consumers around the world. Structured as a matrix organization of six geographical regions and ten platforms, Louis Dreyfus Company is active in over 100 countries and employs approximately 17,000 people globally.


Job Description

This is a senior traders facing role and will be in charge of quite a set of advanced tasks.  This position will play a leading role in advanced modelling to support hedging activities, and collaborates and shares information with global market risk members and other functions.   Also, periodically communication and presentation to senior management is expected. 

*This position is required to be in the office 4 days a week and will sit in Wilton, CT**

Responsibilities:

25%:  Reporting and risk control

  • review positions and strategies, make sure prices and positions aligned properly by MO.
  • dissect reported p&l in alignment with pnl related to position and pnl not related to positions (eg:  crushing margin mark-to-market and mtm reverse, timing adjustment etc.).
  • support desks with VaR analysis for the following riskboxes:   Asset Canada, Asset US, and US parts of global product lines. 

15%:  communication & presentation

  • Communicate regularly to larger market risk team on market and positions risks update.

15%:  Industry knowledge and analysis

  • Follow regional S&D with emphasis on crush and crack / biodiesel / renewable industries in the Americas. 
  • Report and discuss with platform risk manager regularly on market updates in order to refine market analysis.

50%:  Risk modeling and analysis with emphasis on CBOT products and US/SoAm cash markets

Support platform risk manager, in collaboration with risk system team to carry out the following activities in order to support commercial hedging strategies:

  • Update / refine / expand non-deterministic fundamental price modeling using ensemble weather data.
  • Evaluate option implied volatilities to identify optimal option hedging opportunity.
  • Improve existing analysis on basis hedge strategies.
  • Model cross products/ relative value strategies. 
  • Apply asset / real option analysis from an existing tool to better understand existing assets risks while supporting M&A and G&O Strategy on asset valuations (e.g.: US soybeans and canola crush plants). 

Experience
  • 5-7 years experience in similar role
  • Masters Degree preferred in engineering, physics or mathematics
  • Strong understanding of non-deterministic modeling and risk valuation methodologies.
  • Commodities experience, preferably in grains and oilseeds market (or other agriculture products)
  • Python experience required
  • Options experience required

Preferred Qualifications:

  • Familiar with trading platforms (Bloomberg, Reuters, or ICE)
  • Familiar with SaS, Azure, Data Brick
  • Real options analysis

Additional Information

This position no supervisory responsibilities. 

What We Offer

We provide a dynamic and stimulating international environment, which will stretch and develop your abilities and channel your skills and expertise with outstanding career development opportunities in one of the largest and most solid private companies in the world.

- Comprehensive benefits program including medical, dental and vision care coverage, flexible spending account plans, employee assistance program, life insurance and disability coverage
- 401k with Company Match
- Family Friendly Benefits including childbirth and parental leave, fertility and family building benefits
- Paid Time Off (PTO) and Paid Holidays
- Hybrid work available (not applicable to all roles)

Diversity & Inclusion

LDC is driven by a set of shared values and high ethical standards, with diversity and inclusion being part of our DNA. LDC is an equal opportunity employer committed to providing a working environment that embraces and values diversity, equity and inclusion.

LDC encourages diversity, supports local communities and environmental initiatives. We encourage people of all backgrounds to apply.

Equal employment opportunity (EEO)

Louis Dreyfus Company provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Sustainability

Sustainable value is at the heart of our purpose as a company.

We are passionate about creating fair and sustainable value, both for our business and for other value chain stakeholders: our people, our business partners, the communities we touch and the environment around us