Specialist I - Settlements - Deliveries
Chicago, IL, United States
Overview:
Connecting clients to markets and talent to opportunity
With 4,300 employees and over 400,000 retail and institutional clients from more than 80 offices spread across five continents, were a Fortune-100, Nasdaq-listed provider, connecting 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, The StoneX Group is made up of four segments that offer endless potential for progression and growth.
Business Segment Overview:
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, youll have the opportunity to optimize processes and implement game-changing policies.
Position Purpose:
In this role you will be responible for handling the delivery process of Futures contracts across all member markets that upon expiry are settled by actual physical delivery of the underlying commodity as well as option life cycle events.
Responsibilities:
Primary duties will include:
Processing both physical deliveries and cash settlements for all applicable cleared Futures contracts.
Review customer and firm positions to ensure they comply with firms delivery procedures.
Monitoring and managing position limits as well as confirming and correcting position reporting as necessary.
Effectively communicating notification of exercise and assignments as well as first and last notice dates.
Assessing and confirming client capability to complete delivery in compliance with StoneX and exchange rules.
Monitoring long position in spot month for physically deliverable commodities.
Managing option expirations and assignments.
Qualifications:
To land this role you will need :
Ability to work in a fast paced, deadline-driven environment.
Prior experience in deliveries and/or Futures Operations required.
Familiar with the various exchange delivery applications.
An understanding of regulatory requirements of deliverable contracts.
Strong work ethic and emphasis on attention to details.
Strong organizational and communication skills.
Excellent interpersonal and customer service skills.
Must be authorized to work in the U.S.
Education / Certification Requirements:
College degree preferred or equivalent work/military experience.
Working environment:
In-Office 5 Days
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