HEAD OF BUSINESS RISK MANAGEMENT

Trade Greeley, Colorado


Description

Position at Pilgrim's

Head of Risk Management

 

Summary:

Responsible for the competitive (vs market) physical origination of feed (grains and oilseeds) for the US Poultry plants, while managing and mitigating the company’s risk with hedges in the futures and paper markets.  Also responsible for assisting Management and the Business Units with fundamental and technical views on the markets and help guide them in their interactions with customers and suppliers.

 

Duties and Responsibilities: 

Level of responsibility: Senior, reporting to the CEO

  • Responsible for grains and oilseeds origination (commodities and organic)
  • Identify, Map, Mitigate and Control Risk using futures markets (flat price, spreads and options) as well as the paper markets
  • Develop and execute methodology and refine system for trading futures, options, spreads and paper to generate a profit and also mitigate risks for the company
  • Develop and execute a system that provides a disciplined and consistent format for hedge execution
  • Cost of Ownership: Benchmark cash and futures back to the market, and be more competitive than average
  • Respect [email protected] (Value at Risk), Stops and Exchange Limits
  • Optimize profitability of trading book at all times
  • Consolidated position reports
  • Provide fundamental and technical market color to the team
  • Dynamic Communication with the CEO, CFO and Head of Business Units
  • Updated/Live P&L Reporting
  • Look for alternative and more profitable hedging strategies
  • Participate in the daily/weekly meetings and calls – and help the other traders and BUs
  • Other duties as assigned

 

Qualifications:

  • 4 Year Degree and MBA/Masters preferred
  • 15 Years of Experience in the area
  • Superior skills to identify, retain, manage and develop talent
  • Ability to work well independently and on a team
  • Expertise in Commodities Markets, Agriculture and Macro Economy
  • Advanced knowledge of production agriculture
  • Excellent strategic, math, macro economical and analytical skills
  • Expert understanding of futures and physical markets and trading of futures, spreads and options
  • Superior ability to communicate and present clearly and concisely with individuals of varying levels of knowledge
  • Experience with accounting processes and ability to reconcile information
  • Strong work ethic, self-motivated, and reliable
  • Proficient in Microsoft Office applications
  • Strong Global and National Network
  • Alignment with our Values & Culture

 

The Company is dedicated to ensuring a safe and secure environment for our team members and visitors. To assist in achieving that goal, we conduct a drug, alcohol, and background checks for all new team members post-offer and prior to the start of employment. It is a job expectation that all new employees are fully vaccinated against COVID-19. Those who have, at minimum, the first of a two-dose vaccine in advance of their first date of employment will be required to receive the second dose within the manufacturers recommend timeframe and submit proof of their final vaccination dose once obtained. If you need assistance in obtaining a vaccine, the Company can help schedule you with one of its healthcare partners following a conditional job offer, if one is made. The Immigration Reform and Control Act requires that verification of employment eligibility be documented for all new employees by the end of the third day of work.

 

About Us: Pilgrim’s is the second largest chicken producer in the world, with operations in the U.S., Puerto Rico, Mexico and the U.K. Pilgrim’s processes, prepares, packages and delivers fresh, further-processed and value-added poultry products for sale to customers in more than 100 countries, employs more than 50,000 people and contracts with more than 5,200 family farmers. Pilgrim’s is headquartered in beautiful Greeley, Colorado, at the JBS USA corporate office where our 1,200 employees enjoy more than 300 days of sunshine a year.

 

Our mission: To be the best in all that we do, completely focused on our business, ensuring the best products and services to our customers, a relationship of trust with our suppliers, profitability for our shareholders and the opportunity of a better future for all of our team members.

 

Our core values are: Availability, Determination, Discipline, Humility, Ownership, Simplicity, Sincerity

 

EOE/Vets/Disability