Inactive
C

CHS

Trades grain and sells fuel and fertilizer

Risk Manager

Risk ManagementPosted on Nov 9
Full-timeInver Grove Heights, MN, USAIn-person

About the Job

Requirements

  • A high school diploma or GED is required.
  • At least 7 years of experience in commodity or financial markets risk management is required.
  • A Series 3 license is required, or the candidate must be able to obtain it within 90 days of hire.
  • Understanding of futures and options and the factors that determine options pricing.
  • Ability to handle large data sets.
  • Experience working in regulated environments such as the SEC and CFTC, and experience in the financial services industry, particularly with a Futures Commission Merchant (FCM).
  • Experience answering regulatory audit inquiries and preparing written reports to regulatory entities.
  • Experience with risk monitoring software such as Global Risk or XRisk.
  • Experience with trading platforms such as WebOE, CQG, QST, TT, or Fidessa.
  • Proficiency with coding software such as Python, C++, or SQL is preferred.
  • Experience with Power BI or similar tools.
  • Strong written and verbal communication skills, ability to build effective working relationships between risk and broker teams, and ability to work with leadership to support the company's strategic vision.
  • Ability to tackle complex problems, think critically, and exercise sound judgment in a fast-paced, market-driven trading environment.

Responsibilities

  • Report to the Chief Risk Officer and advance the goals and objectives of the risk department.
  • Participate in bi-weekly Firm Risk Management Unit meetings to discuss, identify, and report various categories of risk.
  • Use trade and risk monitoring tools to assess and monitor risks associated with FCM customer activities.
  • Contribute to reports for regulatory agencies, including the U.S. Commodity Futures Trading Commission, Chicago Mercantile Exchange, Minneapolis Grain Exchange (now MIAX), and National Futures Association.
  • Contribute to the development and compliance of the Risk Management Program in accordance with CFTC Regulation 1.11.
  • Review customer account-opening documentation, assess customer risk profiles, and determine trading limits; communicate with brokers and customers about positions, limits, and other risk-related topics as needed.
  • Assess and determine customer position limits and respond promptly to limit-change requests.
  • Develop and enhance risk-determination and reporting methodologies.
  • Assist in designing, implementing, and executing risk mitigation policies and procedures.
  • Escalate issues in accordance with CHS Hedging policies and the FCM Manual; review and comment on customer money movements and oversee the daily margin-call process.
  • Gather data and analysis to support FCM senior leadership.
  • Collaborate with CHS Inc. and its affiliates on futures, options, and swaps as needed.
  • Liaise with CHS Capital on credit reviews and margin-financing updates.
  • Review and edit standard policies and procedures related to trade and risk monitoring processes.
  • Serve as a point of contact for risk-related audit inquiries and assessments.

Desired Qualifications

  • A bachelor's degree in accounting, finance, or a related field is preferred.
  • Experience as a commodities futures and options trader is preferred.

About the Company

CHS

Trades grain and sells fuel and fertilizer

CHS is a farmer-owned cooperative that markets grain and supplies fuel, fertilizer and crop protection products to farmers and rural communities. It is the largest farmer-owned cooperative in the United States. Its grain business stores, trades and exports crops and crushes oilseeds into meal and oil for food and feed buyers, while its energy business refines crude oil and sells fuels and lubricants under the Cenex brand through local cooperatives and retailers. Earnings flow back to member owners as patronage, allocated by how much business each does with the cooperative. CHS traces its roots to farmer cooperatives founded in the late 1920s and is headquartered in Inver Grove Heights, Minnesota.

Company size
10,001+
Company stage
IPO
Headquarters
Inver Grove Heights, MN
Founded
1929

Recently Posted Jobs

Explore more opportunities at CHS

See more jobs