At a Glance
- Tasks: Support precious metals trading and operations, manage trade settlements, and interact with clients.
- Company: Join a Fortune-100 company connecting clients to global markets with innovative solutions.
- Benefits: Enjoy a hybrid work environment and opportunities for career progression.
- Why this job: Gain hands-on experience in finance while working with industry experts in a dynamic setting.
- Qualifications: Degree preferred; interest in finance, strong communication, and teamwork skills required.
- Other info: Opportunity to develop relationships with clients and suppliers in the precious metals sector.
The predicted salary is between 36000 - 60000 Β£ per year.
Overview
Connecting clients to markets β 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, weβre a Fortune-100, Nasdaq-listed provider, connecting clients to the global markets β 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 β 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
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Precious Metals Analyst employer: StoneX
Contact Detail:
StoneX Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Precious Metals Analyst
β¨Tip Number 1
Familiarize yourself with the precious metals market and current trends. Understanding how gold, silver, and other precious metals are traded will give you an edge in discussions during interviews.
β¨Tip Number 2
Network with professionals in the finance and trading sectors. Attend industry events or join online forums to connect with people who can provide insights and potentially refer you to opportunities at StoneX.
β¨Tip Number 3
Brush up on your analytical skills, especially in relation to trade flows and treasury management. Being able to demonstrate your understanding of these concepts will show your readiness for the role.
β¨Tip Number 4
Prepare to discuss your problem-solving abilities. Think of examples from your past experiences where you successfully resolved discrepancies or managed complex tasks, as this is crucial for the role.
We think you need these skills to ace Precious Metals Analyst
Some tips for your application π«‘
Understand the Role: Take the time to thoroughly read the job description for the Precious Metals Analyst position. Make sure you understand the key responsibilities and qualifications required, as this will help you tailor your application.
Highlight Relevant Experience: In your CV and cover letter, emphasize any relevant experience you have in finance, trade flows, or treasury management. Use specific examples to demonstrate your understanding of these areas and how they relate to the role.
Showcase Your Skills: Make sure to highlight your strong communication skills, attention to detail, and ability to work under deadlines. Provide examples of how you've successfully managed projects or tasks that required effective planning and organization.
Craft a Compelling Cover Letter: Write a personalized cover letter that connects your background and interests to the role at StoneX. Express your enthusiasm for the opportunity to work in precious metals trading and your willingness to learn and grow within the company.
How to prepare for a job interview at StoneX
β¨Show Your Understanding of Trade Flows
Make sure to demonstrate your knowledge of trade flows and treasury management during the interview. Discuss any relevant experiences or coursework that highlight your understanding of these concepts, as they are crucial for the Precious Metals Analyst role.
β¨Highlight Your Attention to Detail
Since this position requires a high level of accuracy, be prepared to provide examples of how you've successfully managed tasks that required meticulous attention to detail. This could include previous roles or projects where precision was key.
β¨Communicate Effectively
Strong communication skills are essential for this role. Practice articulating your thoughts clearly and concisely, both in written and oral formats. You might even want to prepare a few questions to ask the interviewer to showcase your engagement.
β¨Demonstrate Your Willingness to Learn
Express your enthusiasm for the finance industry and your eagerness to learn more about precious metals trading. Share any relevant courses or certifications youβve pursued, and discuss how you plan to continue your professional development in this field.