Precious Metals Analyst

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, we're 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.

Institutional: Immerse yourself in the best-in-class institutional-grade technology, working alongside industry experts and gaining exposure to various asset classes, such as equities, options, fixed income securities, and advanced trading, research, and management technology.

Position Purpose:

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.

Responsibilities

Primary duties will include:

• Processing trade settlements - Precious Metals - Physical / Unallocated
• Physical inventory management
• Daily 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
• 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
• Coordination of client and internal orders across gold, silver and pgm benchmarks
• 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, and Carriers

Qualifications

To land this role you will need:

• 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

Working environment:

• Hybrid