Commodity Risk Management Associate
StoneX Group Inc.
About the Role
Connect clients to markets and talent to opportunity. StoneX Group Inc. is a Fortune 100, Nasdaq-listed provider with over 80 offices globally. This role is within the Commercial segment, focusing on hedging, risk management, execution, and clearing. The position aims to develop individuals into effective Risk Management Consultants by completing training, working with experienced consultants, and building a client base for commodity risk management programs. This role will also expand the company's presence in the livestock risk management space.
Key Responsibilities
- Learn all functions, strategies, and techniques to become an effective risk management consultant.
- Complete risk management training curriculum, including classroom and on-site learning.
- Develop expertise in at least one assigned commodity area.
- Learn and become a Livestock Insurance Agent.
- Identify, prospect, and contact potential clients to educate them on commodities trading and risk management.
- Analyze individual client operations to determine market exposure, price sensitivity, and financial risks.
- Perform market analysis, including reporting on commodities production, weather, supply, and demand variables.
- Provide risk mitigation and margin enhancement strategies for clients.
- Assess risk management processes and functions, monitor trading risks, and identify underlying risk exposure.
- Develop and recommend fact-based risk mitigation and margin enhancement strategies.
- Execute physical contracts, futures, options, and swaps that support commodity risk management strategies.
- Maintain and analyze risk reports pertaining to trading activities.
- Participate in analysis and reconciliation of positions and P&L reported by the trading team.
- Ensure market and credit risk on non-traditional transactions are captured appropriately.
- Monitor trading activities and exposures to ensure they are within approved policies and limits.
- Prepare and run econometric models for fundamental commodity forecasting and analysis.
- Maintain prompt and regular attendance.
Requirements & Tech Stack
- Self-motivated and entrepreneurial.
- Strong quantitative skills.
- Proven time management skills, ability to work well under pressure with multiple 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.
- 5 days per week onsite.
- Experience in a dynamic, time-sensitive, trade room environment.
- Willingness to travel seeing clients and prospects.
- Authorized to work in the US for any employer.
Qualifications
- Bachelor’s degree in Agriculture, Finance, Economics, Marketing, or related fields preferred.
- Series 3 license required (must obtain within the first 6 months of employment; company will cover cost).
- Livestock Insurance Agent License (must obtain; company will cover cost).