What are the responsibilities and job description for the Vice President - Merchandiser Fats & Oils position at StoneX Group Inc.?
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
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.
Position Purpose: To work with the existing fats & oils merchandising team to increase income through expanding merchandising activities, expanding trade relationships, adding new clients, and expanding margins through value added services and deeper participation in supply chains.
Responsibilities
Primary duties will include:
Job Requirements:
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
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.
Position Purpose: To work with the existing fats & oils merchandising team to increase income through expanding merchandising activities, expanding trade relationships, adding new clients, and expanding margins through value added services and deeper participation in supply chains.
Responsibilities
Primary duties will include:
- Execute and manage the purchase and sale of commodities in support of the Fats & Oils business line, within the operational and risk requirements of StoneX Supply & Trading.
- Assist in the managing of day to day operations of the Fats & Oils team, including coordination of front office activities, business development, acquisitions and strategy development.
- Develop strategies to grow the Fats & Oils merchandising business with an primary focus on animal fats.
- Identify strategic opportunities, including but not limited to, off-take agreements, asset optimization, procurement agreements.
- Assist the StoneX Supply & Trading’s Feed Ingredient trading team with supply and offtake of Fats & Oils where available and appropriate.
- Analyzes individual client operations to determine market exposure, price sensitivity and financial risks.
- Assist in collection of valuation data and supporting documentation for commodity inventory and forward contracts
- Assist in the monitoring and managing of daily operations of the fats & oils portfolio, including risk limits, delivery schedules, trade documentation and trade settlement.
- Communicates with necessary departments within the company such as operations, credit, and compliance, and risk.
- Conducts meetings with personnel to discuss markets, clients, services, industry and other pertinent information.
- This list of responsibilities may not be all-inclusive and can be expanded to include other duties or responsibilities as needed.
Job Requirements:
- Bachelor’s degree preferred
- Minimum 7 years in commodity merchandising or related businesses
- Ability to exercise good judgment in assessing opportunities and risk
- Self-starter and entrepreneurial
- Strong quantitative and analytical skills
- Ability to work in a team environment
- Excellent interpersonal skills as well as verbal and written communication skills
- Travel as needed