OverviewConnecting clients to markets – and talent to opportunityWith 4,300 employees and over 400,000 retail and institutional clients from more than 80 offices spread across five continents, we're a Fortune-100, Nasdaq-listed provider, connecting clients to the global markets – focusing on innovation, human connection, and providing world-class products and services to all types of investors.At StoneX, we offer you the opportunity to be part of an institutional-grade financial services network that connects companies, organizations, and investors to the global markets ecosystem.
As a team member, you'll benefit from our unique blend of digital platforms, comprehensive clearing and execution services, personalized high-touch support, and deep industry expertise.
Elevate your career with us and make a significant impact in the world of global finance
Position Purpose and Impact: The Trade Execution Associate will collaborate with the International Grain, Oilseed, and Feed Ingredient Trading staff to facilitate the purchase, execution and sales of physical grain, oilseed, and feed commodities.
This person will work closely with commercial, trade control, settlement, and cash teams to ensure all trades are completed and comply with internal policies and procedures.
You will also develop relationships and provide customer service to existing customers.
The job will require a very organized and detailed professional to be able to accurately enter contracts and pricings into the system of record.
ResponsibilitiesEnter all purchase and sale trade information into the system of record timely and accuratelyPrepare documentation for transactions (such as purchase and sale agreements) and ensure terms of contracts are acceptable under guidelines established by the organizationAccept price fixing orders from clients and coordinate positions on hedges of physical commodities with the appropriate department.
Ensure those hedges comply with internal policies and exchange rulesCoordinate transportation of the movement of physical commodities being purchased and sold with logistics service providers.
Ensure all costs of delivery are accounted for appropriately in the system of recordEnsure inventory, shipment, and payment information gets entered into our system of record accurately and efficiently by working with the settlements and cash management teams.Build and maintain a close relationship with our partners (suppliers, customers, brokers, and service providers)Keep track of documentation and update the various files needed to successfully execute the different business flowsResearch, document and verify counterparty information such as financial statements, credit references, and trade references for new clients and for yearly renewal of existing clientsConfirm contract, accounts receivable and mark to market reporting being used by commercial, risk, accounting, and management departments are accurate for successful monitoring and portfolio management.Oversee trade positions and identify risk factorsMonitor trade limits and receivable limits and communicate with trade control, risk, and management departments daily to ensure trades remain within established credit thresholdsReconcile daily Profit and Loss associated with physical commodity trades and ensures economics are accounted for appropriately (mark-to-market accounting)This list of responsibilities may not be all-inclusive and can be expanded to include other duties or responsibilities as neededQualificationsTo land this role you will need: Bachelor's degreeMinimum of 3 years' experience in International Trade, Commodities, Business, and/or FinanceBi-Lingual: English and Spanish required (English Level: High)Detail oriented, organized, and excellent communication and documentation skillsExcellent customer service skillsAbility to multitask and prioritize multiple projects in a busy, demanding environmentAbility to work in a team environmentProficient in Microsoft office productsWhat makes you stand out: Basic understanding of physical commodities, commodity futures markets, and hedgingWorking environment: Maintain prompt attendanceTravel as needed to other offices, client meetings and industry eventsDynamic, time-sensitive environment
#J-18808-Ljbffr