Treasury - Commodity Finance Manager

Posted 11 Days Ago
Houston, TX
Mid level
Fintech • Financial Services
Our people make us exceptional.
The Role
The Commodity Finance Manager will facilitate research and analysis of trading-related concerns, engage with various financial instruments, manage relationships with financial entities, and improve internal processes for trading efficiency. They will also forecast and manage trading capital requirements and generate analytical reports.
Summary Generated by Built In

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world.  We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk. 

Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets. 

We operate with respect, curiosity and open minds. The people who thrive here share our belief that it’s not just what we do that matters–it's how we do it.  DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.  

As a Commodity Finance Manager, you’ll liaise with both internal and external teams (trading desks, counterparties, exchanges, prime brokers, ISOs/RTOs, asset-based/borrowing base lenders) to perform research and analysis on a variety of trading-related matters, including cash management, clearance and settlements.  You’ll work with different types of securities and commodities financing, including prime brokerage, borrowing bases, surety bonds and letters of credit.  You’ll also help develop new tools and processes to support a wide variety of existing and new businesses. 

What you’ll be working on:  

  • Supporting DRW’s commodities business (physical and financial natural gas, power, carbon, softs, etc.) to understand and implement posting and clearance of new trading strategies
  • Securing different types of securities and commodities (both physical and financial) financing, including prime brokerage, borrowing bases, surety bonds and letters of credit.
  • Forecasting and stress testing trading capital/cash/collateral requirements (exchange margin, bid collateral, settlement invoicing, etc.)
  • Performing liquidity reserve maintenance, investment, and reporting
  • Designing new tools and optimizing commodity positions to gain efficiencies and capitalize on new market opportunities (and to make most educated trading decisions)
  • Generating reports for partners, traders and other support areas
  • Managing relationships with bankers, lenders, counterparties, exchanges, and prime brokers
  • Identifying process improvements, defining functional requirements for systems, and implementing change
  • Optimizing trading books across diverse set of clearing and financing relationships within the scarce resource constraints of our providers

What’s needed in this role: 

  • 3+ years of treasury management and analysis or related experience
  • Must have experience in financial markets industry
  • Previous commodity/structured finance experience required
  • Familiarity with a variety of financial products
  • Experience with independent system operator (ISO)/regional transmission organization (RTO) products (FTRs, virtuals, etc.) and operations
  • Familiarity with ETRM software
  • Ability to manage multiple tasks and thrive in a fast-paced team environment
  • Excellent analytical skills, strong attention to detail and exceptional follow-through
  • Strong project management skills
  • High level of proficiency in Microsoft Excel
  • Previous data analysis experience
  • SQL or VBA experience is a plus
  • Bachelor’s degree

For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at https://drw.com/privacy-notice.

California residents, please review the California Privacy Notice for information about certain legal rights at https://drw.com/california-privacy-notice.


#LI-KS1

Top Skills

SQL
Vb

What the Team is Saying

Elaine
Omar
Kumbi
Carissa
Alex
Brawnski
Michelle
The Company
HQ: Chicago, IL
1,825 Employees
Hybrid Workplace
Year Founded: 1992

What We Do

A diversified trading firm that utilizes our own capital and trades at our own risk. We bring sophisticated technology and exceptional people together to solve complex problems in markets around the world and across many asset classes. We are motivated to compete at the highest level and commit to operate with respect, curiosity and an open mind.

Why Work With Us

The DRW approach is simple: tenure, experience and titles don’t matter as much as ideas, execution and results. We believe in creating opportunity to take on more complex problems, more interesting projects and more specialized skills. It’s a results-driven environment where friendships grow and respect is the norm.

Gallery

Gallery
Gallery
Gallery
Gallery
Gallery
Gallery
Gallery
Gallery
Gallery
Gallery

DRW Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

note -- allowing flexibility / 3+ days per week

Typical time on-site: Not Specified
HQChicago Office
HK
SG
Amsterdam, NL
Austin Office
Greenwich, CT
Houston, TX
London, GB
Montréal, Quebec
New York Office
Tel Aviv-Yafo, IL
Learn more

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account