Commodity Risk Management Analyst

Company: Dairy Farmers of America
Location: Kansas City
Posted on: September 18, 2023

Job Description:

At Dairy Farmers of America, you approach work each day knowing that you are making a difference by helping dairy farm families. As a Commodity Risk Management Analyst, your goal will be to help dairy farmers, processors and customers understand and utilize risk management tools to achieve financial stability, as a part of the DFA Risk Management team. By helping manage price risk, you're creating opportunities for dairy farmers across the U.S. to achieve their families' goals.--You will build meaningful relationships within our team and across DFA, gain experience and knowledge in a rapidly-growing industry, and take on significant responsibilities from day one in a supportive, collaborative environment. As the largest global dairy cooperative, DFA impacts people at every point of the supply chain, from farmers to consumers. The breadth and scope of DFA's operations are significant, and the opportunities for growth and development within DFA are substantial.--DFA utilizes a flexible work environment offering a blended remote and in-office schedule. We are focused on maintaining a workforce that reflects the diversity of the communities in which we live, operate and serve. We believe that diverse perspectives lead to better decisions, more creative innovation, more effective problem solving, and strong customer and consumer relationships. To achieve these goals, we are committed to fostering and strengthening a culture of openness, inclusion, constant introspection and continued growth.--Job Duties and Responsibilities:Gain an expertise in milk pricing economics and commodity price hedging practicesTake calls from and make calls to DFA farmer owners and/or internal plant operators and commercial customers in effort to understand their needs, educate them about our programs and keep them informed about markets and risk management opportunities. Maintain a comprehensive up-to-date understanding of market conditions. Using this information, contribute to our communications efforts including but not limited to: market information publications and articles, website enhancements, and creating and presenting educational presentations to educate farmer owners and customers on the markets and our programsCollaborate within the broader DFA family of Farm Services, as well as customer service teams. Help plan and attend meetings, trips, and events to work with farmers and other industry partners Work our risk management desk, which includes:Taking forward contract and/or Dairy Revenue Protection orders, and support other crop insurance offerings like Livestock Risk Protection and Pasture, Rangeland and Forage insurance. Executing orders in futures, options and over-the-counter derivatives markets; or through RMA's crop insurance productsPerform daily processes to maintain our accounts and databases.Contribute to continual improvement of DFA Risk Management programs and servicesDevelop an appreciation and show active interest in developing an understanding of Dairy Farmers of America, including DFA's business, programs and services and philosophy, as well as those of the dairy industryContinue self-education of commodity risk management markets, tools and programs, and regulatory requirementsLead and assist team with one-time or ongoing projectsMay be asked to obtain P&C insurance license within 60 days of start date (specifically needed for RMA's crop insurance products)The requirements herein are intended to describe the general nature and level of work performed by employee, but is not a complete list of responsibilities, duties, and skills required. Other duties may be assigned as required.

Keywords: Dairy Farmers of America, Kansas City , Commodity Risk Management Analyst, Executive , Kansas City, Kansas