Trading Assistant

StoneX Group•Miami, FL

About The Position

The Trading Assistant learns the skills needed to become an effective trading desk assistant by completing required training and working with experienced Risk Management Consultants. The position develops skills in building a client base and creating commodity risk management programs for clients. The role supports customers and the trading desk with order handling, account reconciliation, customer communications, hedge records, research databases, and day-to-day client operations. It also develops expertise in the Cotton futures market and external markets, including Forex and other agricultural markets. The position completes a risk management training curriculum that includes classroom instruction and on-site learning. Accepting customer orders, changes, and cancellations is contingent upon passing the Series 3 exam.

Requirements

  • Bachelor’s degree in Agriculture, Finance, Economics, or a related field, including Business Management.
  • Obtain a Series 3 Commodities Brokerage License within four months of the start date; the company sponsors the license.
  • Work well in a team environment while demonstrating self-starting ability and personal initiative.
  • Ability to multitask and prioritize multiple projects in a busy, demanding environment.
  • Excellent interpersonal skills and ability to work with a variety of people and personalities.
  • Professional and mature communication skills.
  • Numerical capability and advanced proficiency in Excel for database development.
  • Authorized to work in the United States for any employer.
  • Motivation, outstanding personal qualities, and intellectual abilities.
  • Ambition and determination.
  • Ability to cope with stress.
  • Negotiation skills.
  • Strong attention to detail.
  • Commitment to customer service excellence.

Nice To Haves

  • A master’s degree in a related field is preferred but not required.
  • Potential to relocate to other internationally based StoneX offices.

Responsibilities

  • Accept customer orders, changes, and cancellations by telephone and distribute them to the trade desk for transaction placement, contingent upon passing the Series 3 exam.
  • Notify customers of filled orders, margin positions, and other pertinent information.
  • Reconcile accounts and update customer information, including purchases and open orders.
  • Maintain hedge records and research databases.
  • Learn the functions, strategies, and techniques needed to become an effective trade desk assistant.
  • Complete the risk management training curriculum, including classroom instruction and on-site learning under the guidance of experienced Risk Management Consultants.
  • Develop expertise in the Cotton futures market and external markets, including Forex and other agricultural markets.
  • Help manage day-to-day operational duties supporting clients.
  • Create daily market reports to support desk brokers' market commentaries.
  • Perform other duties or responsibilities as needed; the listed responsibilities may not be all-inclusive.
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