Company Overview
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 ROLE
An Analyst role in the Structured Product Trading group is an entry into the world of trading commodity futures, options, and exotic products. The role is focused on hedging commercial client transactions. In addition to trading, the Analyst will learn principles of risk management, quantitative pricing strategies, basic computer programming, and how to service clients in the commodity trading sector. A promising analyst will receive extensive career development opportunities and be expected to soon take responsibility for oversight of our daily trade flows to reach the level of Associate Trader, and eventually display mastery of pricing and risk management theory, achieving the level of Lead Quantitative Trader. A firm grounding in mathematics is a must and some level of computer science knowledge is strongly preferred.
THE DUTIES
- The Analyst will spend the first year focused on learning theory and practice while gradually acquiring responsibilities as able, including:
- Hedging standard daily trade flows and execute brokerage transactions
- Interfacing with clients to ensure client satisfaction and identify new growth opportunities
- Running daily risk processes to calculate P&L and risk metrics
- Maintaining and improving codebase for automated desk processes
- Reconciling product pricing, position statements, and valuations
QUALIFICATIONS
- While there are no experience or educational degree requirements, we are looking for intellectually curious candidates who have demonstrated comfort in math, science or engineering.
- Interviewees will be expected to have a firm grounding in basic probability theory and statistical inference.
- Basic fluency in a computer programming language is strongly encouraged.
- A candidate must be self-motivated and have a history of self-guided learning and a willingness to tackle challenging projects.
- The role will be located in Chicago for at least the first year but may be remote thereafter.