Vice President, Agricultural Commodities Trading – Soft Commodities

BMO•New York, NY

1d•Onsite

About The Position

We have the unique opportunity for a Vice President to help launch the Agricultural Commodities business in North America, with a focus on Soft Commodities, specifically coffee, sugar, cocoa. The broad mandate to grow market share in Commodities will require the candidate to utilize knowledge of physical and financial soft commodities markets to price, execute and manage derivatives and financing transactions for BMO’s corporate and investor client base. This role includes direct responsibility for actively managing non-linear and linear risk, providing fundamental insight, and working as part of our Global team. The candidate also identifies opportunities for increased efficiency and improved service to internal and external clients and implements positive change within the business unit.

Requirements

Minimum 5 years experience managing an active book of Agricultural Commodity Derivatives, with a focus on soft commodities, specifically Cocoa, Sugar or Coffee.
Minimum 5 years experience structuring and managing inventory financing transactions, including deliverable and non-deliverable products.
Excellent communication skills (written and verbal) including listening, understanding, and responding to internal and external inquiries.
Expertise in financial computer applications including MS Excel, VBA, and Bloomberg.
Strong proficiency in other Microsoft Office products.
Able to exercise independent thought and judgment under limited supervision and to adapt to new tasks with little notice.
Creative, insightful, and eager to learn.
Experience developing North American and/or Global supply/demand models across different Agricultural Commodity markets.
Demonstrates strong knowledge of soft commodities and the Agricultural markets – financial and physical.
Thorough knowledge of derivatives including options.
Knowledge of banking and risk concepts as well as derivative regulations.
Current on existing and emerging Industry trends around the world.
Relevant experience and passion for working in a market-making, direct client-facing role.

Nice To Haves

Experience in Livestock or Dairy is an additional asset.

Responsibilities

Utilize knowledge of physical and financial soft commodities markets to price, execute and manage derivatives and financing transactions for BMO’s corporate and investor client base.
Actively manage non-linear and linear risk.
Provide fundamental insight.
Work as part of our Global team.
Identify opportunities for increased efficiency and improved service to internal and external clients.
Implement positive change within the business unit.
Use abilities in financial and fundamental analysis to communicate effectively and succinctly with Commodities Sales and clients to facilitate deals.
Develop marketing ideas and help initiate transactions through appropriate presentation of data.
Understand all software systems for trading and pricing transactions.
Develop, maintain, and build-out fundamental models.
Collaborate with Engineering team to design pricing and risk management tools.
Be a strong partner within the Commodities Team to share market information and solve problems.
Act as a subject matter expert in soft commodities to support platform build out.
Build relationships with product partners across Global Markets to provide/solicit cross-product mandates for new opportunities.
Continuously coach and mentor Analysts and Associates.
Ensure high levels of client satisfaction through strong cross-department coordination with Legal & Compliance, Client Onboarding, Market Risk, Trade Floor Supervision, Global Markets Engineering, Commercial Banking, I&CB, and Other Global Markets Groups.