China - 中文 (中国)

Senior Quantitative Risk Manager - Commodities

Geneva, Switzerland
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 trader facing role and will be in charge of a set of advanced tasks. This position will play a leading role in advanced modelling to support hedging activities and will collaborate and share information with global market risk members and other functions. Also, periodic communications and presentations to senior management are expected.  

*This position requires to be in the office 4 days a week* 

Responsibilities: 

  • Risk modeling and analysis with emphasis on Physical Assets 

  • Model our set of physical assets as a portfolio of options to ameliorate risk management and hedging strategy. 

  • Support platform risk managers, in collaboration with risk system team to carry out the following activities, 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 to better understand existing asset risks while supporting M&A and Strategy on asset valuations (e.g.: US soybeans and canola crush plants).  

  • Reporting and risk control 

  • review positions and strategies, make sure prices and positions aligned properly by MO. 

  • dissect reported p&l in alignment with p&l related to position and p&l not related to positions (eg:  crushing margin mark-to-market and mtm reverse, timing adjustment etc.). 

  • Communication & presentation 

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

  • Industry knowledge and analysis 

  • Follow regional S&D with emphasis on crush and crack / biodiesel / renewable industries in the Americas.  

  • Discuss regularly with platform risk managers on market updates to refine market risk analysis. 

  • 5-7 years’ experience in similar role 

  • Master’s degree preferred in engineering, physics or mathematics 

  • Strong understanding of non-deterministic modeling and risk valuation methodologies. 

  • Python experience required 

  • Physical asset modeling experience required 

 

Preferred Qualifications: 

  • Commodities experience, preferably in grains and oilseeds market (or other agriculture products) 

  • 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
- Flexible 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 trader facing role and will be in charge of a set of advanced tasks. This position will play a leading role in advanced modelling to support hedging activities and will collaborate and share information with global market risk members and other functions. Also, periodic communications and presentations to senior management are expected.  

*This position requires to be in the office 4 days a week* 

Responsibilities: 

  • Risk modeling and analysis with emphasis on Physical Assets 

  • Model our set of physical assets as a portfolio of options to ameliorate risk management and hedging strategy. 

  • Support platform risk managers, in collaboration with risk system team to carry out the following activities, 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 to better understand existing asset risks while supporting M&A and Strategy on asset valuations (e.g.: US soybeans and canola crush plants).  

  • Reporting and risk control 

  • review positions and strategies, make sure prices and positions aligned properly by MO. 

  • dissect reported p&l in alignment with p&l related to position and p&l not related to positions (eg:  crushing margin mark-to-market and mtm reverse, timing adjustment etc.). 

  • Communication & presentation 

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

  • Industry knowledge and analysis 

  • Follow regional S&D with emphasis on crush and crack / biodiesel / renewable industries in the Americas.  

  • Discuss regularly with platform risk managers on market updates to refine market risk analysis. 


Experience
  • 5-7 years’ experience in similar role 

  • Master’s degree preferred in engineering, physics or mathematics 

  • Strong understanding of non-deterministic modeling and risk valuation methodologies. 

  • Python experience required 

  • Physical asset modeling experience required 

 

Preferred Qualifications: 

  • Commodities experience, preferably in grains and oilseeds market (or other agriculture products) 

  • 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
- Flexible 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