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Posted 24 months ago

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Commodity Risk Management Associate

SalemOn-siteFull-time

AI Summary

Supports the dairy and food service team by assisting with commodity risk management, trade execution, and client account administration under the guidance of experienced risk management consultants.

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.

Business Segment Overview - 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: Risk management associate to work with dairy and food service team. Learn the functions, strategies and techniques to become an effective Commodity Risk Management Professional by working with an experienced team of Risk Management Consultants to broaden the team’s client base. Expand the companies capability in the livestock and dairy risk management space.

Primary Accountabilities/Responsibilities:

  • Complete risk management training curriculum including classroom instruction and on-site learning under the guidance of an experienced team of Risk Management Consultants.
  • Learn and become a Livestock Insurance Agent.
  • Facilitate and assist with margins, daily trade checks and confirmations, trade entry, customer service email inquiries, and new account paperwork.
  • Assist in the execution of futures, options and swaps that support client’s commodity risk management strategies.
  • Monitor daily energy and agricultural commodity price database inputs for accuracy, track and input basis pricing, and perform historical matrix calculations.
  • Assist in producing and issuing daily, weekly, monthly commodity price analysis and manage recipient database.
  • Assist with research/analysis and data feed design of our market research library.
  • Assist with accounts payable/receivable processes.
  • Utilize Salesforce and research databases to qualify new business leads.
  • Assist with Salesforce entry and marketing campaigns for current leads; provide general upkeep and maintenance of Salesforce database.
  • Review client counterparty financial statements, maintain client counterparty databases, collect recent counterparty news, and facilitate the creation and distribution of monthly credit exposure and credit evaluation reports.
  • Maintain 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

StoneX Essential QualificationsAbility to maintain confidentiality and appropriately handle sensitive information with tact and discretionSound verbal/written communication abilitiesEffective interpersonal skillsSense of urgencyHonesty, curiosity, and tenacityStrong work ethic and emphasis on attention to detailThe confidence to failEarly Careers RequirementsBachelor’s degree in Agriculture, Finance, Marketing or related fields preferredProficiency with Microsoft Office suite (preferably Excel)Must be authorized to work in the US for any employerWorking Environment

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

Education / Certification Requirements:

  • Bachelor’s degree in finance, business, Ag Economics and/or equivalent work experience preferred.
  • Candidates graduating after June 2027 will NOT be considered.
  • Candidates on the West Coast preferred.

This role offers compensation typical for entry-level financial services positions in the region.

Skills

Accounts PayableAccounts ReceivableBasis PricingCommodity Price AnalysisCredit Exposure ReportingExcelFuturesLivestock InsuranceMarket ResearchOptionsSalesforceSwaps

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