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Tbwa Chiat/Day Inc

Structured Product Trading Associate

Tbwa Chiat/Day Inc, Chicago, Illinois, United States, 60290


Farmers Business Network (FBN) is on a mission to power the prosperity of family farmers and rural communities around the world, transforming how the world farms with an integrated, technology-enabled agricultural platform.We offer high ROI farm inputs, fintech and sustainability products and services powered by network data, and farm-tested insights from our global farmer community. Our platform helps FBN members make confident decisions to ensure the economic viability of their farms, while also empowering them to be a part of the solution as the global community confronts its most pressing issues: providing food security for a growing population, transitioning to more sustainable agriculture, and responding to climate change.We are a dynamic, innovative, and mission-driven AgTech company that offers competitive compensation and benefits as well as boundless career mobility. We are backed by top investors, including Fidelity, ADM, Google Ventures, Kleiner Perkins, DBL Partners, T Rowe Price and Temasek. We have been featured in these articles by the Wall Street Journal and Forbes, and were also named "One of the 50 Most Innovative Companies in the World" by Fast Company Magazine.THE ROLEAn Associate role in the Structured Product Trading group is for a junior trader of vanilla & exotic commodity derivatives who has shown the ability to oversee daily transactions and processes to keep the desk operating with minimal supervision. The Associate should have an intermediate grasp of principles of risk management, quantitative pricing strategies, basic computer programming, and how to service clients in the commodity trading sector. An Associate must demonstrate the future potential to either generate revenue through business development (Sales-Trading) or master quantitative pricing, risk management, and applicable computer programming (Quantitative Trader). The Associate will receive extensive career development opportunities and be expected to attain a Lead Trader position within two to five years.This is a hybrid role in Chicago. We have an office in the Fulton Market area.THE DUTIESHedge standard daily trade flows and execute brokerage transactionsInterface with clients to ensure client satisfaction and identify new growth opportunitiesRun daily risk processes to calculate P&L and risk metricsMaintain and improve codebase for automated desk processesReconcile product pricing, position statements, and valuationsQUALIFICATIONS1+ years of experience in structured product tradingIntermediate grasp of probability theory and statistical inferenceFluent in python and SQL (or similar)Intermediate grasp of option risk management & greeksThe following represents FBN's reasonable estimate of the US national average base salary range for this role based on market data and placement of internal employees: $60,000-$67,000. This salary range may vary based on geography and the higher cost of labor in some metropolitan areas.Beyond Base Pay, FBN also offers all full-time/permanent employees competitive total compensation packages that include equity compensation (dependent upon job level), paid holidays plus an additional floating holiday, work flexibility including paid time off and remote work if your role is eligible, parental leave, benefits including but not limited to: medical, dental, vision, wellbeing, short & long term disability, life insurance, 401k, HSA employer contributions, and more.FBN is proud to be an equal opportunity employer that is committed to diversity and inclusion in the workplace. We do not discriminate in hiring or any employment decision based on race, color, religion, national origin, age, sex (including pregnancy, childbirth, or related medical conditions), marital status, ancestry, physical or mental disability, genetic information, veteran status, gender identity or expression, sexual orientation, or other applicable legally protected characteristic. FBN considers qualified applicants with criminal histories, consistent with applicable federal, state and local law.Apply for this job#J-18808-Ljbffr