Job Information
StoneX Precious Metals Analyst in Santa Monica, California
This role offers a unique opportunity to support the continuing development of the multi-product precious metals business and will offer the opportunity to learn about and assist with the daily Precious Metals Trading & Operations teams within StoneX Bullion.
General Duties - this role will assist with/be responsible for:
Processing trade settlements
Precious Metals – Physical / Unallocated
Physical inventory managementDaily reconciliations of external physical depositories
Reconciliation of exchange traded futures statements from brokers
Daily interaction with internal and external stakeholders
Problem solving and resolution of position / P&L discrepancies etc.
Margin Calls to Clients, intercompany & trading counterparts
Managing trade confirmations with market counterparts
Daily & monthly reconciliations of external nostros / physical depositories
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
Follow and understand all internal procedures & comply with general FCA principles of business.
Implementing a nightly rec across all Loco London transactions for next day
Reconciliation of clearing accounts fees
Payment and allocation of Invoicing
Confirming physical swap trade figures with counterparts
Quote & Premium requests
Helping with the day-to-day workflow management of physical trading platform
Also helping with future development / testing
Liaising with the FO / BO Precious Metals team globally
Develop and maintain relationships with:
Clients
Suppliers
Carriers
Ad hoc problem resolution as required.
Degree level or equivalent education (preferred)
Understanding of trade flows & treasury management
Interest in finance and a willingness to learn
Good work ethic and ability to work effectively to meet deadlines
Attention to detail and accuracy
Strong communication skills (written and oral)
Effective planning, organisation, and time management skills
Commercial awareness
Ability to work effectively in a team
#LI-Hybrid
Requisition ID: 2023-9205
External Company Name: StoneX Group
External Company URL: https://www.stonex.com/
Street: 1453 3rd St Promenade
Could this position be fully Remote?: No
Posted Salary Range (Min-Max): $50,000 - $62,000