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Derivatives Trader, Options Trader, Risk Management

Location:
Downers Grove, IL
Posted:
October 06, 2015

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Resume:

Tim Feuerborn

**** ****** ****, ******* *****, IL 60516

708-***-**** acrzkw@r.postjobfree.com

PROFESSIONAL EXPERIENCE

Top Notch Toys, San Jose, California June 2014-June 2015

Chief Financial Officer

Increased gross profit margins from 30% to 42% through price increases in highest revenue generating products and removal of underperforming products.

Identified and removed non-essential operating expenses to increase profits without any decrease in overall efficiency.

Generated net profits of $250k from June 2014 to June 2015 through increased gross margins and decreased operating expenses after company experienced losses of $200k and $100k in previous 2 years.

Improved cash flow by pushing suppliers to agree to more favorable payment terms and reduced deposits for new products.

Reduced lag time for new product development from 8 months to 5 months by working with suppliers to speed up process from product design to implementation.

Infinium Capital Management, Chicago, Illinois April 2005-November 2013

Senior Derivatives Trader – Soybean Options, Chicago, IL – 09/2012 – 11/2013

Returned to Chicago after spending 6 years in New York trading gold and crude oil options. Replaced one of the highest revenue generating soybean traders in the Company’s history and maintained same level of production for the Soybean Options group without any drop in efficiency or profitability.

Revamped the group’s Calendar Spread Option trading strategy and generated $1.2 million in trading revenue through first 6 months of 2013 after strategy generated a loss the previous year.

Developed and executed detailed risk management plan for $5 million derivatives position by quantifying risk parameters, hedging strategies, market entries and exits, and money management practices.

Presented daily written analysis to upper management to included items such as rankings for top risks, scenario planning, and analysis of markets increasing transparency of the decision-making process.

Senior Derivatives Trader – Gold Options, New York, NY – 02/2010 – 08/2012

Accepted opportunity to lead the turnaround of the Gold Options desk which had lost key personnel and needed fresh new strategies to capitalize on new market opportunities.

Used effective decision making and risk management to generate more than $9 million in revenue in 2 years on the desk.

Orchestrated rapid information exchanges in conjunction with teammates to ensure that trades were executed quickly, accurately, and yielded the highest possible return.

Senior Derivatives Trader – Crude Oil Options, New York, NY – 06/2007 – 02/2010

Launched and ran crude oil volatility trading strategies; analyzed market to collect edge from various banks, funds, and producers, generating $2 million in trading revenue through first six months of operation and $6 million in first full year.

Modeled option values to determine Vega, Delta, Gamma, and Theta of position resulting in the elimination of risk and a Sharpe Ratio in excess of five.

Drove development of the Group’s electronic option trading business and over-the-counter market-making presence while fostering client relationships with more than 50 brokers.

Used effective decision making and risk management to generate more than $16 million in revenue in 2 years; traded and oversaw entire Crude Oil market in disparate venues, including floor, screen, and OTC.

Junior Derivatives Trader – Gold Options, New York, NY – 09/2006 – 06/2007

Chosen as one of six traders by the CEO to move to New York City to establish Infinium as a top market-making firm across multiple commodities.

Arbitrage traded COMEX gold options versus CBOT gold options during infant stages of CBOT gold option market

Invited to participate in firm’s Capital Pool revenue-sharing program only offered to top performers on the basis of exceptional leadership, character, growth potential, and risk-adjusted return.

EDUCATION

College of Business, University of Illinois, Champaign, IL

Bachelor of Science, major in Finance December 2003

Bachelor of Science, major in Economics December 2003

HONORS

Chick Evans Scholarship, Western Golf Association August 1999-May 2003

Awarded a competitive, four-year full tuition and housing scholarship based on academic achievement, work ethic, character, and leadership

Salutatorian, Bremen High School Class of 1999



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