Team Lead - Precious Metals at StoneX Group

Bengaluru, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

03 Mar, 26

Salary

0.0

Posted On

03 Dec, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Collaboration Skills, Financial Knowledge, Attention To Detail, Problem Solving, Communication Skills, Planning Skills, Organizational Skills, Time Management, Commercial Awareness, Teamwork, Reconciliation, Insurance Claims, Critical Thinking, Work Ethic, Operational Management, KPI Reporting

Industry

Financial Services

Description

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 five segments that offer endless potential for progression and growth. Responsibilities In this role, the applicant will work alongside a range of regional teams responsible for the day to day management of the precious emtals business , and collaborate with different stakeholders within the business to ensure smooth running operationally. This role requires strong collaboration skills, an understanding of physical commodities and general financial knowledge in order to carry out intraday and end of day operational processes and support the wider global business. General Duties Compile and disseminate margin call and interest information to the global precious metals customer base, including chasing customers and escalating when necessary to ensure smooth process Perform end of day book of records reconciliations to ensure alignment of the trading systems to the financial data provided to the business, including investigation until completion Intraday trade reconciliations versus external counterparties and working with the front office to resolve economical differences Reconcile global precious metals inventory holdings versus external depositories Reconciling client tax invoices and customs documents versus internal trade bookings End to end management of the insurance process established for our coin businesses, including raising new claims, assisting in investigations and working towards a resolution with our global insurance provider. Perform intraday and end of day cash reconciliations and applying all incoming wires versus the relevant retail client purchases orders. Compile and circulate monthy KPI reporting to senior management Maintaining strong procedures to facilitate training Ad hoc problem resolution as required. Assist the manager in planning and implementing strategies to improve procedures Work alongside the wider precious metals global teams to find synergies and room to incorporate the Bangalore team into wider activities Qualifications Qualifications Previous experience in a commodities / FX back office role Knowledge of vostro and nostro reconciliations Understanding of insurance claims (preferred) Degree level or equivalent education (preferred) Skills Forward thinking mindset, ability to think critically and solve problems Good work ethic and ability to work effectively in order 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-SC1#LI-Hybrid

Responsibilities

The applicant will manage the day-to-day operations of the precious metals business and collaborate with various stakeholders to ensure smooth operations. Responsibilities include margin call management, reconciliations, and insurance process management.