Junior Derivatives Trader
Your role
Your role
Interfood is looking for a Commodity Derivatives Trader to join the commercial team in Montevideo, Uruguay. In this role you will be responsible for the local derivatives trading by identifying and executing trades, helping our physical traders in taking positions and developing OTC style business with our clients and suppliers in the dairy supply chain. In addition, generate new trading ideas for our global proprietary trading book and are keen to utilize data and you develop (spread trading) algorithms or run an option book. Also important, a derivatives trader must have a solid understanding of the risk associated with derivatives trading.
As our new Commodity Derivatives Trader you:
- Are responsible for part of the local (dairy) derivatives book for Interfood, including but not limited to options, swaps and other financial products used to manage hedges, arbitrage and positions.
- Contribute to the global proprietary spread trading P&L, by initiating new arbitrage trades or deploy other financial trading strategies.
- Have daily contact with brokers and market stakeholders to execute financial trades (futures, options, forwards).
- Maintain a strong link with the commercial traders and position holders and support them in managing (physical) price risk and positions.
- Collaborate with the physical traders to identify opportunities and deliver value added solutions to mitigate dairy price exposure for our clients and suppliers.
- Grow into the role of conducting regular on-site meetings with prospects and clients by recommending risk management strategies.
- Develop OTC deal-type structures that provide tailor made hedging solutions on top of existing physical deal flow.
- Co-develop and marketing material that explain the value of risk management solutions to potential clients and suppliers.
- Regularly track and report on the performance of our trading strategies.
Our offer
- Competitive compensation and benefits
- An opportunity to collaborate and travel internationally.
- Free parking
- Gym membership at Synergia Life.
- Total health insurance coverage.
About Interfood
Will you become our new team member?
Or do you have a question for us?
Candidates listed in the National Registry of Persons with Disabilities, who meet the requirements and are qualified for the position described in line with Law Number 19.691 are also included in this job offering.