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Commodity Sales Assistant
$67k-89k (estimate)
Full Time 1 Month Ago
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Macquarie Group Limited is Hiring a Commodity Sales Assistant Near New York, NY

Join Macquarie’s Commodity and Global Market’s Consumers and Industrials team as a Commodity Sales Assistant.

In this role, you will support the commercial activities of the desk in a variety of ways:

  • Assist the sales team in all trade lifecycle management, including but not limited to deal structuring, booking, quote capture, and post trade reconciliation of confirmation documentation as well as settlement cash flow values; identify and implement any process improvements that may lead to greater efficiency within the trade lifecycle.
  • Manage counterparty lifecycle including client onboarding, trade documentation negotiation and management, liaising with credit and legal teams as it relates to counterparty set-up.
  • Help manage counterparty credit exposure by modeling various potential future exposure metrics.
  • Use in house pricing models to price and structure various trade ideas for client quotation.
  • Presentation building that supports sales origination.
  • Perform historical analysis that can help in the evaluation of trading opportunities and strategies.
  • Sector research and new client prospecting
  • Support client inquiries on an ad hoc basis

The key skill sets will be:

  • Ability to learn and understand swaps and derivatives
  • Ability to learn a wide array of different commodities markets
  • Ability to multitask with a sense of urgency and work under a pressurized trading environment
  • Strong organizational skills and attention to details
  • Self-starter with excellent communication skills
  • Technical skills include use of Excel and PowerPoint

General knowledge of derivatives and commodities markets would be helpful but not necessary. This role sits within a flows sales team in a trading environment. Successful candidates must be team oriented and able to work in a fast-paced environment. Ideally 1-2 years of experience in a role supporting trading floor activities would be welcomed.

If you are interested in joining this successful and high performing Sales team, then please .

Salary range for this position: $90,000- $115,000/Yr. Actual base salary may vary based upon, but not limited to, relevant experience, time in role, peer and market data, prior performance, business sector, and geographic location. The successful candidate may also be eligible for an annual discretionary incentive compensation award. Macquarie offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees.

About Commodities and Global Markets

Commodities and Global Markets provides clients with an integrated, end-to-end offering across global markets including equities, fixed income, foreign exchange and commodities. We are a market leader in the environmental products space, having been awarded the 2020 Environmental Products Bank of the Year by Risk Magazine.

Our commitment to Diversity and Inclusion

Macquarie understands the importance of diversity and inclusion - our long history of success has come from being different. At Macquarie we value the innovation and creativity that diversity of thought brings. The one thing we all have in common is our focus on high performance. If you're capable, motivated and can deliver, we want you on our team.

Macquarie is an equal opportunities employer and does not discriminate on the grounds of age, disability, sex, sexual orientation, gender reassignment, gender identity, marriage, civil partnership, pregnancy, maternity, race (including color and ethnic or national origins), religion or belief.

We recognize that flexibility comes in a variety of forms. Talk to us about what flexibility you need.

#LI-DS2

About Macquarie

A career at Macquarie means you’ll have the opportunity to develop new skills, explore interesting fields and do challenging work that will impact the lives of people around the world—whether it’s accelerating the green energy transition, helping sustain global food supplies, financing social housing projects or investing in essential infrastructure. At Macquarie, we’re empowering people to innovate and invest for a better future.

Macquarie is a global financial group providing clients with asset management, retail and business banking, wealth management, leasing and asset financing, market access, commodity trading, renewables development, specialist advisory, capital raising and principal investment.

Job no: CGM-976127
Work type: Permanent - Full time
Location: New York
Category: Junior, Administration & Support, Business Development & Sales, Commodities
Group: Commodities and Global Markets
Division: Commodity Markets and Finance
Recruiter: Danielle Scaife
Opening Date: 12/3/2024

Job Summary

JOB TYPE

Full Time

SALARY

$67k-89k (estimate)

POST DATE

03/15/2024

EXPIRATION DATE

04/12/2024

WEBSITE

macquarie.com

HEADQUARTERS

NEW YORK, NY

SIZE

1,000 - 3,000

FOUNDED

2007

CEO

JAMES HOOKE

REVENUE

$500M - $1B

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About Macquarie Group Limited

MACQUARIE LIMITED is a business supplies and equipment company based out of United Kingdom.

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