Senior Oils Hedge Trader – North America

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 15,000 people globally.

This position serves as the lead hedge trader for the global vegetable oil platform in North American. Individual drives related positioning in the region and participates in global hedge discussions while supporting the domestic physical business within the US & Canada.  

Roles and Responsibilities:

• Serves as lead North American vegetable oil hedge trader
• Targets $10M annual P&L focusing on calendar spreads, cash basis, RD/Methyl Ester crack margins, relative value, etc.
• Contributes to global hedge strategies including relative value, geographical arbs, crush economics, basis, flat price, etc.
• Supports North American team in the merchandising & trading of physical vegetable oil & biodiesel
• Ties out cash and futures positions daily & validates daily profit and loss statements
• Collaborates with the Claypool commercial team, customers and suppliers on truck and rail logistics
• Participates in North American research with a primary focus on vegetable oils & biofuels & regulatory credits
• Keeps abreast of all vegetable oil and biofuels trade rule developments (CME/NOPA/ETC)
• Updates G&O platform on regulatory developments and resulting impacts on balance sheets
• Develops working knowledge of the EPA’s RFS, California’s LCFS program & other state specific biofuels programs
• Fosters and maintains 3rd party commercial relationships to expand market penetration & drive information flow
• Familiarizes self with broader oilseeds complex balance sheets and trade strategies to support desk
• Participates in the evaluation of business development opportunities and other projects as they come up

Education/Professional Certifications/Licenses

Bachelor’s degree in economics or other business related field

 

Experience

• Minimum 10 years of experience in a North American senior grains or oilseeds trading role
• Solid comprehension of delivery economics and cash convergence
• Demonstrated trading success

 

Knowledge/Skills/Abilities (including any physical demands)

Demonstrated leadership capacity and exceptional oral and written communication skills. 

Strong interpersonal skills and ability to engage and communicate with all levels within the organization

Working Conditions

Primarily climate-controlled office environment.  Periodic visits to industrial operations areas are necessary with exposure to a variety of temperatures and prevailing weather conditions.  Occasional exposure to areas with wet floors and high volume of noise.   Some stair climbing is required.  Extension of regular working hours are occasionally necessary to complete time-sensitive projects or to respond to emergencies. 

#LI-Hybrid

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