Job Posting Title Commodity Trade Operations Specialist
Stonex Group
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 Corporate: Engage in a deep variety of business-critical activities that keep our company running efficiently. From strategic marketing and financial management to human resources and operational oversight, you’ll have the opportunity to optimize processes and implement game-changing policies. Position Purpose: This role is responsible to ensureefficient andeffective execution ofStoneX Commodity Solutions’transactions.This role’sprimarypurpose iscontract performance, inventory controlandrisk mitigation - ensuringaccurate execution, payment performance, andsafe transfer/release of title forstructured trade finance, and domesticback-to-backtrade flows for our Feed Ingredients business. Responsibilities Primary duties will include: Coordinate with Front Office, Clients, and Vendors to execute purchase and sales transactions Perform trade control activities to ensure safe transfer and release of title documentation Daily Inventory Management & reconciliation of physical commodity movements Trade Settlement - Create ticket applications against contract parameters Creation of Inventory, Accounts Payable, Accounts Receivable and cost accrual entries Exercised and apply of title documents (bills of lading, scale ticket, warehouse receipts) Authorization and approval of vendor invoices and supporting documentation for physical commodity products, freight Create and sendcommercial invoices Process settlement checks for approval payment to suppliers and clients FormulateAccounts Payable Pre-Payment Advances Process dailycalls/mail/emails fromCustomers,Vendors, Truckers and Warehousefacilities Create Overfills/Underfills/Washes on Contracts Performsmonthlyinventory reconciliation and adjustments per business line requirements Monitors aging payables and receivable balances and escalates as appropriate Communicates with management and brokers regarding outstanding issues Resolve anycustomer payment discrepancies Preserveorderly records of reconciliations This list of responsibilities may not be all-inclusive and can be expanded to other responsibilities as needed. Qualifications To land this role you will need: 5+ years relevantcommoditytradeexperience in Feed Ingredients Excellent verbal and written communication skills Demonstrated ability to assess risk and mitigate/problem solve with sense of urgency Strong attention to detail and accuracy Flexible and adaptable with an ability to prioritize tasks and meet deadlines Passion to learn and expand trade knowledge in unfamiliar product lines Proficient in Microsoft office products Education / Certification Requirements Bachelor’sDegree in Business,Finance,Supply Chain, Economics orbusiness-related field Working Style: 4 days per week onsite, 1 day per week remote Climate controlled office environment Minimal physical requirements other than occasional light lifting of boxed materials Dynamic, time-sensitive environment Some travel as needed (very minimal) #J-18808-Ljbffr Stonex Group
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