Overview
Connecting clients to markets - and talent to opportunity.With 5,400+ employees and over 80,000 institutional, commercial, and payments clients, we operate from more than 80 offices spread across six continents. As a Fortune 100, Nasdaq-listed provider, we connect clients to the global markets - focusing on innovation, human connection, and providing world-class products and services to all types of investors.Whether you want to forge a career connecting our retail clients to potential trading opportunities, or ingrain yourself in the world of institutional investing, StoneX Group is made up of four business segments that offer endless potential for progression and growth.
Business Segment Overview:ย
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.
Position Purpose and Impact: The Trade Executionย Associateย - Green Coffee will coordinate the booking and pricingย of green coffee contracts from our network of suppliers to clients.ย The jobย willย requireย someone who isย analytical & detail-orientedย and able to work in aย fast-pacedย environment.ย You will need to be personable and maintainย strong client relationships.ย You'll alsoย work closely with internal commercial, settlement, credit, and accounting departments toย relay pertinent information aboutย commodity flows andย ensureย all aspects ofย the physical commodity tradeย are completed and comply with internal policies and procedures.ย
Responsibilities
Primary duties will include:
- Book physical trades directly withย suppliersย and end users of commodities.ย
- Prepare documentation for transactions such as purchase and sale agreements and ensure terms of contracts are acceptable under guidelines established by the organization.ย
- Build and maintain a close relationship with our partners such as suppliers, customers, brokers, and 3rdparty service providers.ย Work with suppliers and customers to forecast supply and demand.ย
- Keep track of shipments and gather documentation related toย StoneXย collateral (Bills of Lading, Invoices, Weight Certificates, etc.)
- Work with the execution and settlements teams to ensureย inventory, freight,ย shipment, and payment information gets entered into the system of record accurately and efficiently.ย
- Interact with counterparties to coordinate price fixation of green coffee contracts. Execute hedges and make sure those hedges comply with internal policies and exchange rules and are entered into the system of record timely and accurately.
- Track and reconcile hedge positions and physical commodity positions and ensure price risk is mitigated appropriately on green coffee contracts.
- Confirm contracts, accounts receivable and mark to marketย reporting being used by commercial, risk, accounting,ย andย management departments are accurate forย successfulย monitoring andย portfolio management.ย
- Monitor trade limits, accounts receivable, and payment of accounts payable andย communicate with commercial,ย execution,ย accounting,ย risk,ย and management departments daily to ensure compliance withย established credit thresholds.ย
- Reconcile dailyย and monthlyย Profit and Lossย (through mark to market accounting)ย associated withย physical commodity tradesย and ensuresย economics areย accounted forย appropriately.ย
- Assemble required documentationย like financials, tax forms, trade authorities,ย insurance documents,ย formation documents,ย or parent guarantees for client onboarding and credit underwriting.ย
- Evaluate and identify current or potential risks to the portfolio andย helpย implement policies and procedures to mitigate those risks.ย
- Help develop technology and test beta versions to improve processes and efficiency for the physical commodity trade flow.ย
- This list of responsibilities may not be all-inclusive and can be expanded to include other duties or responsibilities as neededย
Qualifications
ย To land this role you will need:ย
- Bachelor's degree or equivalent work experienceย
- Bilingual in English and Spanish
- Experienceย inย commodityย markets, logisticsย and operationsย
- Excellent customer service skillsย
- Detail oriented, analytical, organized, and excellent communication and documentation skillsย
What makes you stand out:
- Basic understanding of commodity futures markets and hedgingย
- Background or related experience in commodity accounting and mark to marketย
- Experience with SQL, Python and Microsoft Power BIย
- Fluent in Portuguese
Physical requirements/Working conditions:ย
- 4 days per week onsite, 1 day per week remote
- Maintain prompt attendance in an office or if working remotelyย
- Occasional visits to other offices, client meetings and industry eventsย
- Dynamic, time-sensitive environment
- Travel required
Hiring Salary Range $65,000 - $85,000. 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.ย
Employment Type: FULL_TIME