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Open since Nov 2024

Commodity Risk Management AssociateStoneX · Kansas City

Commodity Risk Management Associate

Kansas CityFull-time

AI Summary

Entry-level associate learning to become a commodity risk management consultant, training under experienced consultants while developing client relationships and risk mitigation programs. Analyzes client market exposure and executes hedging contracts such as futures, options and swaps.

About this role

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.

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

Position Purpose: Learn the necessary skills and company programs to become an effective Risk Management Consultant by completing required training and working with experienced Risk Management Consultant(s) to develop a client base and commodity risk management programs for those clients.

Primary Accountabilities/Responsibilities:

  • Learns all the functions, strategies and techniques to become an effective risk management consultant.
  • Completes risk management training curriculum including classroom instruction and on-site learning under the guidance of an experienced Risk Management Consultant(s).
  • Develops expertise in at least one assigned commodity area.
  • Identifies, prospects and contacts potential clients to educate them on commodities trading 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.
  • Maintains and analyzes risk reports pertaining to trading activities.
  • Participates in analysis and reconciliation of positions and P&L reported by trading team.
  • Ensures the market and credit risk on non-traditional transactions is captured appropriately.
  • Monitors trading activities and exposures to ensure they are within approved policies and limits.
  • Prepares and runs econometric models for fundamental commodity forecasting and analysis.
  • Maintains prompt and regular attendance.
  • This list of responsibilities may not be all-inclusive and can be expanded to include other duties or responsibilities as needed.

Qualifications

Job Requirements:

  • Bachelor’s degree in Agriculture, Finance, Economics, Marketing, Mathematics or related fields preferred
  • Series 3 license required (must obtain within first 6 months of employment; company will cover cost)
  • 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
  • Excellent customer service and verbal and written communication skills
  • Effective presentation skills
  • Demonstrate integrity and ethical behavior
  • Proficient computer skills, including knowledge of Microsoft Office

Class: Full-time, Exempt (Commissioned)

Physical requirements/Working conditions:

  • Climate controlled office environment
  • Minimal physical requirements other than occasional light lifting of boxed materials
  • Dynamic, time-sensitive, trade room environment
  • Travel as needed

Skills

Commodity Risk ManagementEconometric ModelingFinancial Risk AnalysisFuturesHedging StrategiesMarket AnalysisMicrosoft OfficeOptionsQuantitative AnalysisSeries 3 LicenseSwapsTrade Reconciliation

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