Jason M. Busby
** ***** ** ( Stamford, CT ***** ( 203-***-**** (
***********@*****.***
EXPERIENCE
Trafigura AG - Stamford, CT
September 2010 - June 2014
Coal Trader
. Created and sourced export blends to Canada, Europe, Asia and
Africa while building an intricate supply base.
. Bought and sold over 500KMT of thermal coal annually in North
America for profits of over $2MM each year.
. Mitigated conflicts and negotiated solutions with customers that
arose from force majeure, quality control, timing of shipments,
credit and more.
. Launched initial sales for US domestic business and maintained the
entire domestic RFP portfolio for all major US end-users.
. Facilitated the acquisition of western coal mines and educated
customers on the mines and ports via presentations and tours.
. Marketed export sales for Bowie Resource Partners' products out of
the Grand Junction, Colorado office.
. Visited and Networked with Bowie Resource Partners' entire domestic
customer base to assess their domestic business model and sales
plan.
. Evaluated customer's needs and offered creative commodity product
packages where applicable.
Traffic Operator
. Scheduled and coordinated concentrate metal and coal shipments with
suppliers and receivers.
. Conducted written and verbal daily contact with suppliers,
receivers, service providers, shipping lines, warehouses,
stevedores and shipping agents.
. Hedged exposure through the LME and COMEX to minimize risk on
shipments.
. Orchestrated lab work, assay exchanges and umpires.
. Established new procedures and processes as the first operator on a
newly formed coal desk.
Glencore Ltd. - Stamford, CT
May 2008 - September 2010
Derivatives Risk Manager
. Validated P&L and positions on a daily basis across multiple
commodities including natural gas, wti, rbob, brent crude, fuel oil
and more.
. Tracked all trades, checked them out with brokers and provided
trade support.
. Revised and implemented excel programs to track and account for
trader's positions, P&L and risks.
. Provided management with daily detailed descriptions of the desk's
positions and performance.
. Reviewed and revised the process of the derivative desk's risk
management role.
. Assisted the head Risk Manager with calculating, confirming and
distributing daily North America P&L report to management.
Natural Gas & LPG Risk Manager
. Maintained communication between traders and accounting, finance,
contracts, compliance, TVM, IT, VaR & risk departments.
. Updated, calculated and checked all P&L and positions for the LPG
and natural gas desks.
. Worked with operations to ensure that the system was up to date
with all inventory and pipeline moves.
. Presented daily P&L changes to traders and authored daily written
report on all changes to management and accounting.
. Executed natural gas financial trades on behalf of traders and
provided trade support.
. Orchestrated the customization and improvement of the natural gas
software system.
. Worked with compliance and legal to accurately collect and report
data to FERC and automated the process for future reporting.
Navios Corporation - Norwalk, CT
May 2007 - May 2008
Trading Analyst
. Calculated and generated daily mark to market profit and loss
reports for both physical and paper trading books.
. Covered the FFA market and conveyed activity to executives and
traders.
. Devised and implemented weekly reports on counterparty exposure and
financial analysis.
. Executed FFA trades and developed trading strategies for book worth
approximately 150 million dollars in the dry bulk market.
. Negotiated terms of trading software and facilitated the
implementation of it.
Man Financial - New York, NY June 2005 -
August 2005 & June 2006 - August 2006
Summer Intern
. Authored weekly energy futures report - correlating energy market
and global events.
. Worked closely with energy traders and learned basic trading
strategies and tactics on both the NYMEX floor and in the Man
Financial upstairs office.
. Allocated all crude futures trades for brokers in the crude pit on
the NYMEX and facilitated communication between companies and the
exchange.
. Trained and delegated tasks to NYMEX summer interns while shadowing
brokers and exchange employees.
EDUCATION
University of New Hampshire: Whittemore School of Business and Economics -
Durham, NH May 2007
Bachelor of Science - Business Administration: Finance, Minor in Psychology
Awarded Dean's Scholarship
TECHNICAL SKILLS
. Clearport trading system, Navita trading system, Commodities XL
trading system, Tempest XL trading system, Business Objects,
Interflex, Neptune, Pluto, Mercury, GOE, CTTS, CME, Reuters,
Excel, PowerPoint, Word, Outlook, Lotus Notes, Visual Basic,
Access.