StoneX

Commodity Risk Management Associate

Locations US-IL-Champaign
ID 2024-12078
Category (Portal Searching)
Sales & Trading
Position Type (Portal Searching)
Experienced Professional
Salary Range
50000 - 100000

Overview

Connecting clients to markets – and talent to opportunity

With 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.

 

Commercial: With boots on the ground authenticity at the heart of everything we do, our comprehensive array of commercial products and services enable you to work directly with our clients, across hedging, risk management, execution and clearing, OTC products, commodity finance and more.

Responsibilities

RESPONSIBILITIES

  • Identifies, prospects and contacts potential clients to educate them on commodities trading and risk management.
  • Responds and provides proper follow-up to all incoming inquiries from the corporate web-site and other marketing programs.
  • Attends trade conferences, seminars and symposiums to represent products, increase contact with existing client base and identify new opportunities.
  • Coordinates and implements sales marketing programs with the assistance of Marketing to improve sales of products.
  • Establishes and maintains professional relationships with commodity industry experts such as traders, meteorologists, trading analysts, industry professionals for commodity area traded, and key individuals in banks, trading firms and hedge funds to identify opportunities for enhanced commodity risk management strategies and tactics.
  • Identifies, verifies, analyzes and provides support to the oversight for trading risks acting as a key link between trading staff, management and risk management.
  • Analyzes individual client operations to determine market exposure, price sensitivity and financial risks.
  • Performs market analysis, including reporting on commodities production, weather, supply and demand variables, and provides risk mitigation and margin enhancement strategies for clients.
  • Assesses risk management processes and functions, monitors trading risks and identifies underlying risk exposure.
  • Develops and recommends fact-based risk mitigation and margin enhancement strategies for clients.
  • Executes physical contracts, futures, options and Swaps that support commodity risk management strategies.
  • Monitors trading activities and exposures to ensure they are within approved policies and limits.
  • Participates in analysis and reconciliation of positions and P&L reported by trading team.
  • Ensures all material market risks are captured and considered.
  • Ensures regulatory requirements are implemented and produces the required reports and analysis.
  • Ensures appropriate documentation and records are maintained for audit purposes.
  • Maintains prompt and regular attendance.
  • This list of duties and responsibilities is not intended to be all-inclusive and can be expanded to include other duties or responsibilities that management deems necessary

 

Qualifications

QUALIFICATIONS

  • Ability to exercise autonomous judgment in assessing opportunities and risk
  • Self-motivated and entrepreneurial
  • Strong quantitative skills
  • Proven time management skills. Should be able to work well under pressure managing several time sensitive deadlines.
  • Strong decision-making capabilities
  • Ability to analyze commodity markets and form a market opinion
  • Excellent customer service and verbal and written communication skills
  • Superior interpersonal and relationship building skills to build strong relationships with clients and stakeholders across all levels
  • Effective presentation and marketing skills
  • Ability to learn technical products and explain complex products in clear, simplified terms to prospective clients
  • Ability to team effectively with peers, customers and management to provide effective, competent and understandable risk measurement
  • Ability to provide direction and influence others
  • Demonstrate integrity and ethical behavior
  • Proficient computer skills, including knowledge of Microsoft Office
  • Desire to gain thorough knowledge of trading commodity instruments
  • Original and independent thinking is a must to identify and respond to customer needs through the structuring of effective solutions
  • Thorough and highly accurate job execution skills
  • Must be authorized to work in the US for any employer

What makes you stand out:  

  • Very comfortable picking up the phone and cold calling, willing to look under every rock for an opportunity
  • Proven time management skills.  Should be able to work well under pressure managing several time sensitive deadlines
  • Strong decision-making capabilities
  • Excellent customer service and verbal and written communication skills

Education / Certification Requirements: -

  •  Bachelor’s degree in Agriculture, Finance, Marketing or related fields preferred
  • Series 3 license required 

Working environment:

  • Working style: onsite
  • Travel Requirements (if applicable) to prospect new accounts
  • Some overnight requirements depending on location of clients

Hiring Salary Range $50,000 - $100,000 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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