Specialist, Physical Trade Operations

StoneX

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profile Job Location:

Bogotá - Colombia

profile Monthly Salary: Not Disclosed
Posted on: 9 hours ago
Vacancies: 1 Vacancy

Department:

Operations

Job Summary

Overview

Connecting clients to markets and talent to opportunity.

With 5400 employees and over 80000 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: 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 ensure efficient and effective execution of StoneX Specialty Coffee domestic transactions. This roles primary purpose is contract performance inventory control releases on time truck quotes (LTL) and risk mitigation - ensuring accurate execution payment performance and safe transfer/release of title for domestic transactions.

Responsibilities

Primary Accountabilities/Responsibilities: The Physical Trade Operations Specialist will execute and coordinate domestic trade transactions for the Specialty Coffee Program. Primary responsibilities will include:

  • Coordinate with Front Office Clients and Vendors to execute purchase and sales transactions.
  • Ensure the optimal execution of daily releases through consistent high-quality service to the final customer.
  • Collaborate with traders on position follow-ups and needs.
  • Perform trade control activities to ensure safe transfer and release of title documentation for domestic trade flows.
  • Daily Inventory Management & reconciliation of physical commodity movements.
  • Coordinate with internal teams brokers and logistics providers to ensure efficient handovers and position checks.
  • Review and approve all assigned service invoices to ensure cost accuracy in timely manner.
  • Ensure payment performance to Stonex Specialty Coffee suppliers according to contracts and StoneX controls.
  • Trade Settlement - Create ticket applications against contract parameters
  • Creation of Inventory Accounts Payable Accounts Receivable and cost accrual entries according to transfer title of product Delivery Orders etc.
  • Create and send commercial invoices on proper time (After or before releases).
  • Process settlement checks for approval payment to suppliers and clients
  • Formulated Accounts Payable Pre-Payment Advances
  • Process daily calls/mail/emails from Customers Vendors Truckers and Warehouse facilities to problem solve institute logistical movements of inventory assets
  • Performs monthly inventory reconciliation and adjustments to business line requirements
  • Monitors aging payables and receivable balances and escalates to Front Office/Mgmt as appropriate
  • Communicates with management and brokers regarding outstanding issues
  • Resolve any customer payment discrepancies
  • Preserve orderly records of reconciliations
  • This list of responsibilities may not be all-inclusive and can be expanded to include other duties or responsibilities as needed.

Qualifications

  • Bachelors degree in international business or supply chain or Logistics.
  • 1-2 Years of experience in international commodity trade
  • Fluent in both Spanish and English
  • Excellent verbal and written communication skills
  • Demonstrate experience in coffee logistics as a significant advantage for this role.
  • Demonstrated ability to assess risk and mitigate/problem solve with sense of urgency
  • Strong attention to detail and accuracy
  • Maintain a customer-oriented mindset to manage expectations and execute tasks to high standards.
  • Flexible and adaptable with an ability to prioritize tasks and meet deadlines
  • Proficient in Microsoft office product

Required Experience:

IC

OverviewConnecting clients to markets and talent to opportunity.With 5400 employees and over 80000 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 focus...
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Key Skills

  • Financial Services
  • Information Technology
  • Cost Control
  • Corporate Risk Management
  • Law

About Company

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We are an institutional-grade financial services franchise that provides global market access, clearing and execution, trading platforms and more.

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