... Resolve entry level settlement issues and discrepancies 5. Escalate settlement issues and ... commodity invoicing preferred Skills Incoterm knowledge Understanding of Trade Finance ...
... Resolve entry level settlement issues and discrepancies 5. Escalate settlement issues and ... commodity invoicing preferred Skills Incoterm knowledge Understanding of Trade Finance ...
Settlements Analyst
Houston, TX · On-site
... Resolve entry level settlement issues and discrepancies 5. Escalate settlement issues and ... commodity invoicing preferred Skills • Incoterm knowledge • Understanding of Trade Finance ...
Settlements Analyst
Houston, TX · On-site
... Resolve entry level settlement issues and discrepancies 5. Escalate settlement issues and ... commodity invoicing preferred Skills • Incoterm knowledge • Understanding of Trade Finance ...
Entry Level Commodity Trading information
See Spring, TX salary details
$32.5K - $42.5K
2% of jobs
$42.5K - $52.5K
5% of jobs
$52.5K - $62.5K
6% of jobs
$69.6K is the 25th percentile. Wages below this are outliers.
$62.5K - $72.4K
16% of jobs
The median wage is $79.7K / yr.
$72.4K - $82.4K
28% of jobs
$82.4K - $92.4K
14% of jobs
$95.7K is the 75th percentile. Wages above this are outliers.
$92.4K - $102.4K
11% of jobs
$102.4K - $112.4K
8% of jobs
$112.4K - $122.4K
3% of jobs
$122.4K - $132.4K
4% of jobs
$132.4K - $142.4K
2% of jobs
$32.5K
$87.2K
$142.4K
How much do entry level commodity trading jobs pay per year?
What is an Entry Level Commodity Trading job?
An Entry Level Commodity Trading job involves assisting traders in buying and selling commodities like oil, metals, or agricultural products. Responsibilities may include market research, trade execution support, risk analysis, and maintaining relationships with clients and suppliers. Professionals in this role gain exposure to global markets, pricing strategies, and supply chain dynamics. Strong analytical skills, attention to detail, and a solid understanding of financial markets are essential. This role serves as a stepping stone to becoming a full-time trader or analyst in the commodity sector.
What are the key skills and qualifications needed to thrive in the Entry Level Commodity Trading position, and why are they important?
To thrive as an Entry Level Commodity Trader, you typically need a background in finance, economics, or related fields, along with strong analytical and quantitative skills. Familiarity with trading platforms, risk management software, and financial modeling tools is beneficial, and obtaining relevant certifications like Series 3 or CFA Level I can be advantageous. Strong communication, adaptability, and the ability to perform under pressure help individuals excel in this fast-paced environment. These skills are vital for making informed decisions, managing risk, and building effective relationships in global commodity markets.
What does a typical day look like for someone in an entry-level commodity trading role?
A typical day in entry-level commodity trading often starts early, tracking global market developments, analyzing price trends, and managing positions under the guidance of senior traders. You'll regularly monitor economic indicators, prepare reports, and enter trades while communicating closely with sales teams, analysts, and risk managers. The role is fast-paced and demands both attention to detail and the ability to adapt quickly to changing market conditions. Most firms foster a collaborative team environment, which supports learning and professional development for newcomers. Over time, high performers may advance into senior trading or specialized analytical roles.
Other
Posted 16 days ago
Job description
Job Title:
Settlements AnalystContract Type:
PermanentTime Type:
Job Description:
Settlement analyst (intermediate level) position purpose is to manage documents for settlement. It includes verification of information on incoming invoices (invoices payable, AP); and issuing outgoing invoices (invoices receivable, AR) before settlement and solving the issues related to both AP and AR invoices. Also, to ensure timely follow up on AP and AR. AP arrangement to be up to date in ETRMs system to facilitate the Treasury's cash flow forecast.
Main Responsibilities
1. Register counterparty and vendor invoices
2. Full competency in standard deals scenarios
Provide price calculation to counterpart
Issue commodity receivable invoices and check correctness of supporting information (pricing, tax etc.)
Process commodity and vendor payable invoices, link with underlying cost in system and ensure proper approvals in accordance with Payable Approval Policy
Update spreadsheets/dashboard for delivery monitoring and documentary follow-up
Check receipt of funds for issued invoices
3. Focus on more complex deal scenarios:
Calculate and apply other regions taxes and tariffs to invoices and linkages
Issue/process commodity payable/receivable netting invoices and offsets
Process vendor payable invoices requiring reconciliations and/or allocations
Process prepayments and provisional invoices
Documents presentation under LCs / Liaise with bank on pre-checks results
Cross check provision costs
4. Resolve entry level settlement issues and discrepancies
5. Escalate settlement issues and discrepancies to senior analysts
6. Independently handle BL endorsement
7. Participate in UAT testing of IT systems
Education
Bachelor's degree in business administration, accounting, or related field
Experience
Three years or more experience with AR and AP commercial invoicing processes
Understanding of local applicable taxes, some understanding of other regions taxes
Experience with vessel, barge, rail, truck, terminal, and/or pipeline invoicing preferred
Experience with cargo or commodity invoicing preferred
Skills
Incoterm knowledge
Understanding of Trade Finance documentation
Microsoft Office advanced user
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