Current Openings at Broadview Capital Holdings
Analyst, Trade Execution and Operations
Job Overview
The Analyst, Trade Execution and Operations role uniquely spans front-office trade execution, middle and back-office functions. The Analyst, Trade Execution and Operations intimately understands the full trade execution lifecycle. They execute commodity derivatives trading, primarily in the energy and softs markets. Additional execution responsibilities may include execution within the livestock and grain & oilseed markets. The role is highly collaborative across the team, ensuring efficient and timely trade execution, position reconciliation, and risk management reporting.
Reporting Structure
Reports to: Senior Vice President, Finance and Operations
Backup to: Analyst, Trade Execution and Operations (Livestock and Grain & Oilseed)
Collaborates with: Senior Analysts, middle and back-office personnel
Key Responsibilities
Front Office
Trade Execution
Manage and execute order flow from team members; validate with third-parties
Exercise discretion to maximize executed volumes and reduce slippage by improving execution prices
Utilize available system tools and algorithms to construct and execute complex trade structures
Manage relationships with brokers, members of exchanges, etc. to improve market liquidity
Collaboration with Sector Analysts
Review open orders and daily strategy; communicate trade orders’ statuses throughout the day
Ensure trade communication processes are executed in accordance with defined procedures
Monitor markets and provide feedback on opportunities for improvement in execution or strategy enhancements during trading sessions
Partner with sector analysts in design of optimal execution strategy, tools, systems, and processes for new products
Middle Office
Daily Reconciliation and Reporting
Reconcile trades and positions between internal reporting systems and external parties
Troubleshoot reconciliation breaks and resolve settlement price discrepancies accordingly
Provide intra-session portfolio performance updates
Identify process inefficiencies and implement improvements as warranted
Risk Management
Identify and report trade order errors, minimizing potential losses
Assist in formalizing and enforcing internal controls and policy related to the trading process
Monitor trade-related risk thresholds to ensure compliance; notify group, Sr. Analysts and CIO, as needed
Monitor positions limits as set by the exchanges and FCMs
Draft process narratives and other required regulatory deliverables as needed
Back Office
Operations and Systems Management
Implement new systems or upgrades to existing applications as needed
Be key stakeholder in long-term initiatives to streamline and modernize trading operations through process improvements to current tools and/or replacement with new software solutions as business scales
Support testing and implementation of future strategies as required
Key Qualifications
Bachelor’s degree with strong academic performance
1-3 years of relevant business experience in professional setting; experience in trading strongly preferred
Demonstrated ability to work well under pressure in fast paced environment
Demonstrated ability to work in a team environment and collaborate with others
Self-motivated and proactive in addressing areas for improvement
Possessing ability to work independently
Ability to coordinate and balance multiple tasks and stakeholders simultaneously
Passion for trading, markets, and investing
Knowledge of commodity futures and options markets preferred
Excellent verbal and written communication skills
Experience using Microsoft Office products, specifically Microsoft Excel
Experience with Bloomberg preferred
Senior Analyst, Livestock
Job Overview
As a member of the trading team at Broadview Capital Holdings (BCH), the Senior Analyst, Livestock will be responsible for management of the company’s livestock commodity positions, including lean hogs, live cattle, and feeder cattle, with input and oversight from the Chief Investment Officer. This position will have primary responsibility for the company’s livestock P&L. Duties will be primarily focused on portfolio management, fundamental research and analysis, industry networking, and strategy and tool development.
Reporting Structure
Direct report to: COO with trading strategy and risk management reporting to CIO
Collaborates with: Director of Food & Ag Research, Trade Execution and Operations Analyst, as well as various individuals across BCH
Key Responsibilities
Portfolio Management
Manage trade positions in the livestock sector which currently includes futures positions in CME lean hogs, live cattle, and feeder cattle
Use all available resources, including the Company’s proprietary models and tools, to identify attractive risk/return trades and build a balanced position in collaboration with the CIO
Work with the CIO to develop a long-term strategy to manage trades through lifecycle from entry to exit
Use market knowledge to identify discretionary/non-core strategy opportunities and make recommendations for execution to the CIO
Develop daily trading strategy for entry and exit of livestock positions, including intra-day changes and management of hedges and exposures
Monitor market news and data for information impacting the portfolio and available opportunities
Work with the Trade Execution & Operations Analyst to optimize trade execution and minimize slippage
Complete operational tasks associated with accurate reporting and reconciliation of the livestock portfolio
Build and manage relationships with brokers to access and develop liquidity in the livestock markets
Support the CIO in continuous improvement of the trade investment process
Participate in capital allocation and portfolio discussions regarding positioning and available opportunities across the livestock, grain & oilseed, energy and softs sectors as required
Participate in risk committee meetings as required
Fundamental Research and Analysis
Develop a deep understanding of livestock markets and stay abreast of current market fundamentals and research
Perform fundamental research and analysis to support portfolio management decisions and identify attractive risk/return opportunities
Build, maintain and improve livestock supply, demand and price forecasting models for hogs and cattle
In collaboration with the Director, Food & Agriculture Research evaluate and manage third-party research and data subscriptions, identifying opportunities based on gaps in current data and analysis
Build standard reports and analysis for internal use
Lead drafting and publishing of quarterly Hog & Pigs Summary for distribution to pork industry network
Industry Networking
Develop and nurture mutually beneficial relationships within the livestock industry that bring value to BCH and its network by enhancing each party’s ability to identify opportunities and risks
Attend industry conferences and events to build industry network
Assist the CIO and the Director, Food & Agriculture Research in organizing meetings to host industry contacts and external stakeholders to discuss current and future market developments
Strategy and Tool Development
Identify new trading strategy and tool development opportunities
Work with the Director, Food & Agriculture Research and the technology team to advise on evaluation, development and implementation of new tools and strategies, as well as incremental improvements to existing tools and strategies
Enhance toolkit for livestock sector through integration of fundamental data into models and trade strategy development
Implement new company tools that add value and enhance the capabilities of the livestock sector
Support the CIO and COO in the long-term strategic growth, development and planning in the livestock strategy
Consulting
Serve as an external consultant to strategic relationships in the livestock industry as required
Key Qualifications
Bachelor’s degree with strong academic performance in finance, economics or a technical field (engineering, math, or hard science)
Minimum of 5 years of experience in commodity trading or merchandising role, or similar role in an agricultural business with significant exposure to commodity trading, experience in livestock trading strongly preferred
Understanding of commodity trading and fundamental analysis
Advanced Microsoft Excel proficiency and demonstrated experience in the Microsoft Office suite of products
Experience with a programming language (VBA, Python, R) preferred, but not required
Demonstrated ability to work in a team environment and collaborate with others
Demonstrated ability to think strategically and work well under pressure in a fast-paced environment
An entrepreneurial spirit, including the ability to work hard, learn quickly, develop creative solutions, eliminate barriers and deliver results with minimal resources
Curious with a deep desire to learn
Remote work is not available for this position
If you are interested in applying for one of our open roles, please send your resume to: careers@broadviewgroup.com