StoneX

Commodity Risk Manager

Job Locations IE-Dublin
Requisition Post Information* : Posted Date 3 months ago(2/2/2024 9:41 AM)
Requisition ID
2024-10775
# of Openings
1
Category (Portal Searching)
Sales & Trading

Overview

Permanent, full-time, hybrid  (3 days per week in an office) #LI-Hybrid  #LI-SD1

 

 

StoneX Financial Ltd (“SFL”) is a wholly owned subsidiary of StoneX Financial Inc., a publicly traded company on NASDAQ. StoneX Financial Ltd, including its subsidiaries, provides clients across the globe with a comprehensive array of customised financial services and tools to help them protect their margins and manage volatility. A pioneer in specialised financial services, we open markets for clients underserved by other financial institutions with insight, guidance and transparency.

 

SFL’s customers include the producers, processors and end users of virtually every major traded commodity; commercial counterparties; governmental, non-governmental and charitable organizations; institutional investors; brokers; professional traders; commercial banks; and major Investment banks.

 

SFL is an FCA authorised and regulated firm to provide trade execution, clearing and advisory services focusing primarily on the commodities and foreign exchange sectors. 

 

Job purpose

To develop a busy broking desk using established contacts to help grow business and seek new customers and opportunities. To integrate into an established team and enhance product offering to new and existing client base.

Develop new business & On-Board customers to trade commodities & other products. Service and provide trade execution services for the existing client base.

 

Responsibilities

General Duties

  • Work on execution and clearing team
  • Have established market relationships
  • Generate new business revenue for StoneX Financial Europe Ltd through client on-boarding and internal cross-selling opportunities.
  • Develop fundamental expertise in commodities market/s and maintain an up to date knowledge of the products and markets in which you work.
  • Continually drive the StoneX Brand actively solicit feedback from industry participants through various means, including trade calls, surveys, industry events, trade shows and conferences.
  • Identify new markets, products, technologies and opportunities.
  • Understand the desk’s business strategy and continually improve the operating model.
  • Participate in pre- and post-trading operational duties including trade reconciliation, trade booking, etc. in compliance with regulations and internal company policies
  • Execute & On-Board OTC & Listed customers
  • Establish and maintain relationships and connections in the Commodities Market
  • Provide customers with seamless trade execution covering options, futures and arbitrage and daily recaps
  • Maintain awareness of the risk and compliance culture and comply with company policies for which you have any level of responsibility
  • Exercise independent judgement and act with integrity, responsibility, skill and diligence to avoid conflicts of interest and escalate issues as appropriate
  • Understand the risks and controls on your desk; what could go wrong, what controls you must prevent/detect or contain these
  • Escalate risk events immediately and log them within 24 hours via appropriate channels
  • Report all loss events, or near misses that could have resulted in a loss, in excess of the reporting threshold
  • Observe standards of market conduct and ensure you are aware of, understand and comply with all regulatory, exchange or clearing house requirements applicable to your role
  • Complete any mandatory training by the required deadlines

Qualifications

Knowledge, Skills and Experience

  • Extensive knowledge of the Exchange Traded Futures and Options space front to back
  • Exposure to and interest in futures, swaps and options preferred
  • Self-motivated, enjoy challenges, and thrive in fast-paced, competitive environments with conflicting demands and pressures
  • Proven track record of delivering high quality results
  • Individuals who are self-motivated, enjoy challenges, and thrive in fast-paced, competitive environments
  • Individuals must communicate effectively and work well in teams
  • Excellent client facing, written and verbal communication skills
  • Strong quantitative, analytical and problem-solving skills
  • Excellent customer service skills
  • Attention to detail and accuracy
  • Good understanding of the fundamentals of IT architecture, infrastructure and software of development
  • Attention to detail and ability to work well under pressure
  • Ability to manage several tasks at once
  • Adaptable and flexible approach
  • Willing and able to travel.

 

Qualifications

 

  • Bachelor’s degree preferred but not essential
  • This role will require FCA approval or achievement of FCA approved status (within 3 months)].
  • Fluency in any European language an advantage

Options

Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
Share on your newsfeed