Dean Hoffman is a seasoned data scientist with over 20 years of experience developing quantitative trading systems for the commodity futures markets. Besides receiving numerous industry awards for his work on quantitative trading systems, he excelled as a brokerage firm owner and money manager, having managed approximately 30 million dollars in client assets for over a decade. Dean also applied his analytical skills while working with the Commonwealth of PA's Procurement department. He helped analyze over 3 billion dollars in spending and spearheaded the department's first lean six sigma program. Dean excels at analyzing detailed financial information from large data sets to pinpoint specific opportunities and optimize solutions to complex problems utilizing numerous analytical tools, including linear programming, machine learning, and business intelligence tools and techniques. His analytical skills help him discover actionable insights that often remain hidden in a sea of disparate data. Dean is a father of two daughters, ages 14 and 16, and when he is not working enjoys spending time with them.
Work History
Strategic Procurement Pricing Analyst
The Wenger Group
Rheems, PA
03.2021 - 01.2022
Increased efficiency by developing knowledge of the entire Wenger organization and the complex inner workings of the company.
Identified millions of dollars in operational inefficiencies and strategies to correct them to create more value for customers.
Created data visualization dashboards with actionable insights for C-level executives giving them the confidence to make informed decisions that positively impacted the business.
Consulted Wenger on all areas of futures trading, risk management, and hedging strategies to improve their competitive edge.
Facilitated data analysis, search query mining, and the development of ad hoc reporting saving time finding needed data and boosting productivity.
Created demand forecasting models for millions of dollars of formulation ingredients facilitating best pricing for those ingredients and the confidence to not under or over buy.
Ran statistical analysis and optimization with clustering and classifying on thousands of feed formulation models, helping gain a competitive edge.
Created geospatial analysis of thousands of suppliers and customers. This project eliminated the need to manually search for suppliers and customers and increased sourcing efficiency. This project empowered buyers with a single, centralized tool and added to optimal procurement efficiency.
Responsible for evaluating and implementing various software systems for procurement and feed formulation that enabled the company to make better decisions.
Introduced machine learning techniques into analyzing feed formulation models and eliminated the need to hire more people.
Created detailed analysis of various areas of operational optimization, including transportation routing technology and real time, on-line FT-NIR analysis that would allow Wenger to transform their business with cutting edge technology.
Procurement Analyst
Commonwealth Of PA, Bureau Of Procurement
Harrisburg, PA
06.2019 - 01.2021
Worked on a program to help analyze roughly three billion dollars in yearly procurements, helping them be a more intelligent buyer and build better processes with the help of AI.
Created an automated POWER BI / SQL Lean Six Sigma dashboard shared with users on the SharePoint site, allowing them to get more done in less time.
Developed machine learning models to label, cluster, and classify hundreds of thousands of procurement transactions. This project created more accurate insights to make better decisions and do so with fewer resources.
Implemented complex database designs and data models for various projects helping procurement become more efficient and save time and money.
Was a leader and influencer in a statewide Prosci change management program encouraging the government to be at the forefront of innovation and think like a business.
Owner
Hoffman Asset Management
Mechanicsburg, PA
06.2004 - 06.2019
Award-winning futures trading system software developer and quantitative analyst assisting clients to access the latest technologies to succeed.
Profitable money manager with roughly 30 million dollars of assets under management with expertise in risk management so clients could be confident knowing their money was in good hands.
Built a nationwide network of introducing brokers to market hedge funds and facilitated introducing high net worth investors.
Formulated algorithms to search for real-time mathematical indicators and flag trades worth executing.
Maintained relationships with clients long-term.
Managed trades using quantitative and technological techniques.
Used data-driven approach to project trends, correlation, and risk factors and make successful trading plans.
Developing automated vigilant risk management techniques to reduce the risk of losses, increase the chances of success and cultivate confidence in the trading strategies.
Owner
R Quant Systems
Mechanicsburg, PA
05.2001 - 06.2019
Developed award-winning algorithmic trading software to help clients manage their assets. This software allowed clients to save time and money managing their portfolios, cut expensive fees, and feel empowered to take control of their investments.
Successfully built a network of SaaS relationships with executing futures FCMs and Introducing Brokers allowing them to transform their business with cutting-edge technology.
Sought after speaker on quantitative analysis and spoke numerous times at various industry events. Had a talent for taking complex topics, making them understandable for audiences of all levels of expertise and keeping the audience engaged.