StoneX

Junior Associate - Payments

Job Locations US-NY-New York
ID 2024-11156
Category
Sales & Trading
Position Type
New Graduate
Salary Range
$60,000 - $70,000

Overview

The Company

Innovative, future-focused and collaborative, StoneX Group Inc. (NASDAQ: SNEX) is a global financial services firm with an entrepreneurial culture and a passion for providing world-class services to our clients. A Fortune-100 company with a nearly 100-year track record, with 3,300 employees and over 400,00 retail and institutional clients from more than 40 offices spread across five continents, we connect clients to the global markets – focusing on innovation, human connection, and providing world-class products and services to all types of investors.  

 

Today's global financial markets offer a world of opportunities. To trade. To invest. To manage risk. And to grow. We believe in connecting every company, every organization, every trader, and every investor to every advantage they need to succeed in today’s global markets ecosystem. 

 

But that belief doesn’t stop at our clients. We also believe in connecting every single one of our employees to every opportunity they need to succeed in their own careers, too. From an entrepreneurial culture to a collaborative environment working alongside highly skilled specialists, a career at StoneX also offers a world of opportunities. To invest in yourself. To achieve. And to grow.  

 

We Connect Clients to Markets.

 

StoneX Graduate Program

Are you looking to gain real world experience in an entrepreneurial culture? Consider joining a thriving global financial services firm and launch your career with StoneX! Our Graduate Program connects recent graduates with the opportunities that match their skill level within StoneX and provides additional new employee trainings tailored to individuals beginning their career. 

 

StoneX New Grad Perks:

In addition to the real-world experience, you’ll gain at StoneX, we’re excited to offer interns several perks which include the following:

  • Compensation: All New Grads are paid at a competitive rate.  
  • Hybrid Model: StoneX works on a hybrid model with the flexibility to work from home and in one of our fully equipped offices around the globe. In office days are made better with free snacks and drinks.
  • Socials: Networking and acclimation to the company, office, and city are important aspects of the graduate program.
  • Access to Senior Leaders: Senior leaders are involved in the graduate program delivering trainings, presenting on firm business, and even attending socials.
  • Training:Virtual and in-person trainings to learn about the firm and how we do business. As well as getting new grads onboarded and connected with the company globally.

 

StoneX Payments Overview: StoneX Payments provides customized foreign exchange and payment services for financial institutions, corporates, and NGOs worldwide. Our global network of 350+ correspondent banks help us deliver transparent and secure payments in 140+ currencies across 180+ countries. With more than 30 years of experience, we have developed extensive local market knowledge and expertise. Our SWIFT-accredited Service Bureau offers a range of financial technology solutions. Our parent company, StoneX Group Inc. is a leading provider of execution, risk management, advisory, market information, and clearing services for various asset classes worldwide.

 

Position Description: As a Junior Sales Associate, you will play a meaningful role in supporting sales growth while developing a deep understanding of the world of Payments.

 

Responsibilities

Accountabilities/Responsibilities:

  • Sales Enablement: Undertake prospect research and maintain sales records and pipeline; develop sales pitch materials and client presentations; manage the client onboarding process; participate in cold and warm sales calls; attend trade shows and participate in direct sales activities, including post-tradeshow follow-up.
  • Client Maintenance: Assist in client communication through phone and email; manage regular client credit and compliance information requests; assist in handling client requests as well as client education and training; work closely with Client Management on sales-related research projects.
  • Identify opportunities to grow and enhance revenue by introducing FX payment solutions to existing and prospective clients.
  • Build upon existing client relationships to maximize the value added to each customer and explore cross-sell opportunities within the wider StoneX Group.
  • Track and evaluate client feedback and payment performance statistics to identify client challenges, gather insights, and introduce product improvements.
  • Work closely with internal teams, such as compliance, trading, risk, client services, operations, and technology, to guarantee seamless integration of payment products and services.
  • Lead and contribute to RFIs and RFPs while adhering to onboarding processes to support new mandates.

Qualifications

StoneX Essential Qualifications

Ability to maintain confidentiality and appropriately handle sensitive information with tact and discretion

Sound verbal/written communication abilities

Effective interpersonal skills

Sense of urgency

Honesty, curiosity, and tenacity

Strong work ethic and emphasis on attention to detail

The confidence to fail

Early Careers Requirements

Pursuing a bachelor’s degree from an accredited university in a relevant program and graduating between December 2023 and August 2024

Proficiency with Microsoft Office suite (preferably Excel)

Must be authorized to work in the US for any employer

 

Hiring Salary Range $60,000 - $70,000 (Salary to be determined by the education, experience, knowledge, skills and abilities of the applicant, internal equity and alignment with market data.)   Subject to business performance and recommendations of management, this role may be eligible to participate in an incentive compensation plan.  This compensation package, in addition to a full range of medical, financial, and/or other benefits, dependent on the position, is offered. 

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