Commodity Risk Management Associate

StoneX Group Inc.; Bowling Green (OH); Hybrid; USD 55,000 - 75,000; Full time

Job summary

StoneX Group Inc. in Ohio is seeking a Risk Management Consultant to develop a client base and risk management programs for commodities. This role involves training, market analysis, and client education in commodities trading.

The ideal candidate will be self-motivated with strong quantitative skills, and must obtain necessary licenses. The position operates 4 days onsite and 1 day remote.

Qualifications

• Self-motivated and entrepreneurial, as you’ll need to build your own business.
• Strong quantitative skills.
• Proven time management skills, able to work under pressure.
• Excellent customer service and communication skills.

Responsibilities

• Learn the functions and strategies to become an effective risk management consultant.
• Complete risk management training curriculum including classroom and on-site learning.
• Develop expertise in assigned commodity area.
• Identify and contact potential clients regarding commodities trading.

Skills

Self-motivated and entrepreneurial

Strong quantitative skills

Proven time management skills

Strong decision-making capabilities

Excellent customer service skills

Effective presentation skills

Integrity and ethical behavior

Proficient in Microsoft Office

Education

Bachelor’s degree in Agriculture, Finance, Economics, Marketing, or related fields

Series 3 license

Livestock Insurance Agent License

Job description

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. Expand the company’s growing footprint in the livestock risk management space.

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.
• Learn and become a Livestock Insurance Agent.
• 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

• Self-motivated and entrepreneurial, as you’ll need to build your own business
• 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

Education / Certification Requirements

• Bachelor’s degree in Agriculture, Finance, Economics, Marketing, or related fields preferred
• Series 3 license required (must obtain within first 6 months of employment; company will cover cost)
• Livestock Insurance Agent License (must obtain, company will cover cost)

Working Style

• 4 days per week onsite, 1 day per week remote
• Dynamic, time-sensitive, trade room environment
• Self-motivated and entrepreneurial, as you’ll need to build your own business
• Willing to travel seeing clients and prospects
• Must be authorized to work in the US for any employer