Intern - Commodity Risk Management

StoneX Group Inc.; Chicago (IL); On-site; USD 34,000 - 39,000; Part time

Benefits offered by this job

Incentive compensation plan

Medical benefits

Job summary

StoneX Group Inc. is offering a summer internship to support the Energy & Agriculture risk management desk. The program focuses on building client relationships, learning commodity markets, and developing risk management programs for producers and end users.

Interns will research prospective clients, perform market analytics, and learn econometric modeling while contributing to technology tools and dashboards. Requires rising bachelor’s students and authorization to work in the US.

Qualifications

• Demonstrated interest in energy or agricultural commodity markets through coursework, internships, or related experience.
• Proficiency in Microsoft Excel and other Microsoft-based applications.
• Experience applying AI tools to market research, data analysis, forecasting or workflow automation is a strong plus.

Responsibilities

• Assists consultants in researching and contacting prospective energy and agriculture clients, and helps prepare materials.
• Helps analyze client operations to determine market exposure, price sensitivity and financial risks.
• Conducts and learns market analytics, including fundamentals, technicals and hedge decision tools.
• Learns risk management processes and helps monitor trading risks and identify exposure.
• Contributes to risk mitigation and margin enhancement strategies under guidance of a senior consultant.
• Observes execution of futures, options and swaps that support risk management strategies.
• Helps maintain and analyze risk reports pertaining to trading activities.
• Assists with P&L reconciliation and position analysis for the trading desk.
• Builds knowledge of energy and agricultural futures and contract specs.
• Supports monitoring of trading activities to ensure policy compliance.
• Assists in econometric models for forecasting and presents findings to the desk.
• Learns to use data pipelines, dashboards and AI-assisted workflows.

Skills

Excel

AI tools

Customer service

Communication

Self-starter

Teamwork

MS Office

Python

Education

Bachelor's degree in progress

Tools

MS Office

Python

Job description

Overview

Connecting clients to markets – and talent to opportunity. With 4,300 employees and over 400,000 retail and institutional clients from more than 80 offices spread across five continents, we’re a Fortune-100, Nasdaq-listed provider, connecting clients to the global markets – focusing on innovation, human connection, and providing world-class products and services to all types of investors.

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:

Support the Energy & Agriculture risk management team in building client relationships and developing risk management programs for producers and end users, while learning the commodity markets from the desk up.

Primary Accountabilities/Responsibilities:

• Assists consultants in researching and contacting prospective energy and agriculture clients, and helps prepare materials that educate them on commodities trading and risk management.
• Helps analyze individual client operations to determine market exposure, price sensitivity and financial risks across energy and agricultural commodities.
• Conducts and learns market analytics, including fundamentals, technicals and hedge decision tools.
• Learns how risk management processes and functions are assessed and helps monitor trading risks and identify underlying risk exposure.
• Contributes to fact-based risk mitigation and margin enhancement strategies for energy and agriculture clients under the guidance of a senior consultant.
• Observes the execution of futures, options and swaps that support energy and agricultural commodity risk management strategies.
• Helps maintain and analyze risk reports pertaining to trading activities.
• Assists with analysis and reconciliation of positions and P&L reported by the trading team.
• Builds working knowledge of energy and agricultural futures and options contract specifications, delivery mechanics, basis and spread relationships.
• Supports monitoring of trading activities and exposures to help ensure they remain within approved policies and limits.
• Assists in preparing and running econometric models for fundamental energy and agricultural commodity forecasting and analysis, and presents findings from an assigned market project to the desk.
• Learns and contributes to the team's technology tools and client-facing software systems, including data pipelines, dashboards, market and hedge analytics applications, and AI-assisted workflows; we are a technology-forward desk and interns are expected to bring ideas for automation, better analytics and product improvements.
• This list of responsibilities may not be all-inclusive and can be expanded to include other duties or responsibilities as needed.

Qualifications

• Demonstrated interest in energy or agricultural commodity markets through coursework, prior internships, or farm, ranch or energy industry experience; Series 3 licensing is not required for the internship.
• Proficiency in Microsoft Excel and other Microsoft based applications.
• Practical experience applying AI tools (large language models, machine learning, or generative AI) to market research, data analysis, forecasting or workflow automation is a strong plus, as is the curiosity to test new AI capabilities and share what works with the desk.
• Excellent customer service and verbal and written communication skills.
• Self-starter and entrepreneurial.
• Works well in a team environment.

StoneX Essential Qualifications

• Ability to maintain confidentiality and appropriately handle sensitive information with tact and discretion
• Sound verbal/written communication abilities
• Effective interpersonal skills
• Sense of urgency
• Honesty, curiosity, and tenacity
• Strong work ethic and emphasis on attention to detail
• The confidence to fail

Early Careers Requirements

• Pursuing a bachelor’s degree from an accredited university in a relevant program and graduating between December 2027 and August 2028 (entering penultimate year of university)
• Available for a June 2027 start date for an 8 – 10-week program
• Proficiency with Microsoft Office suite (preferably Excel)
• Must be authorized to work in the US for any employer

Working environment

• 5 days in-office
• Limited travel

Hiring Salary Range $25-$28/hr (Salary to be determined by the education, experience, knowledge, skills and abilities of the applicant, internal equity and alignment with market data.) Subject to business performance and recommendations of management, this role may be eligible to participate in an incentive compensation plan. This compensation package, in addition to a full range of medical, financial, and/or other benefits, dependent on the position, is offered.