Intern - Commodity Risk Management

StoneX Group•Chicago, IL

2d•Onsite

About The Position

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. At StoneX, we offer you the opportunity to be part of an institutional-grade financial services network that connects companies, organizations, and investors to the global markets ecosystem. As a team member, you'll benefit from our unique blend of digital platforms, comprehensive clearing and execution services, personalized high-touch support, and deep industry expertise. Elevate your career with us and make a significant impact in the world of global finance. 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.

Requirements

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.
Excellent customer service and verbal and written communication skills.
Self-starter and entrepreneurial.
Works well in a team environment.
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
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

Nice To Haves

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.

Responsibilities

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.
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.