Senior Precious Metals Operations

StoneXWinter Park, FL
1d

About The Position

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 offers a unique opportunity to support the continuing development of this highly successful multi-product business. This role will offer the opportunity to learn about and assist with the daily Precious Metals operations within SFL, SXB, & SPM

Requirements

  • Minimum three years’ experience working in a commodities / precious metal back office role
  • Experience in shipping/logistics of physical precious metals
  • Experience creating and maintaining operational procedures
  • Understanding of trade flows & treasury management
  • Must be learn quickly and keep up with fast paced change in business requirements
  • Good work ethic and ability to work effectively in order to meet deadlines
  • Attention to detail and accuracy
  • Strong communication skills (written and oral)
  • Effective planning, organization and time management skills
  • Commercial awareness
  • Ability to work effectively in a team

Responsibilities

  • Processing trade settlements: Currencies Precious Metals – Physical / Unallocated
  • Daily & monthly reconciliations of external nostros / physical depositories
  • Reconciliation of exchange traded futures statements from brokers
  • Oversight and periodic review of all reconciliations and controls
  • Support management with the regular review of all relevant procedures, ensuring they are detailed, accurate, and up to date
  • Key point of contact for all support functions, including front office, operations, and risk
  • Problem solving and resolution of position / P&L discrepancies etc.
  • Margin Calls to Clients, intercompany & trading counterparts
  • Managing trade confirmations with market counterparts
  • Monitoring daily cash / metal flows and managing funding requirements
  • Intra-day trade / cash flow reconciliations
  • Internal system reconciliations
  • Confirming settlement figures with clients & trading counterparts
  • Payment and allocation of Invoicing (Specifically Refineries & Carriers)
  • Daily Invoicing: All exports/imports
  • Confirming physical swap trade figures with refineries
  • Quote & Premium requests
  • Carriers / Refineries Shipment Log / manage out-turn adjustments
  • Filing of each physical shipment
  • Liaising with the FO / BO Precious Metals team globally
  • Develop and maintain relationships with: Carriers Refineries Customers
  • Ad hoc problem resolution as required
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