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StoneX Group

Brokers commodity, securities and currency trades

Operations General Specialist

Finance & BankingUpdated on Nov 13
Full-timeBengaluru, Karnataka, IndiaNo salary listed

About the Job

Requirements

  • Proficiency in Microsoft Excel, Word, and Outlook.
  • Ability to learn new systems quickly.
  • Ability to follow procedures accurately.
  • Good numerical aptitude.
  • Ability to work under tight deadlines.

Responsibilities

  • Monitor foreign exchange positions and cash balances for Prime Brokers and clients.
  • Match trades and check trade flow into the in-house operational system.
  • Ensure swap adjustments for client deliveries are completed accurately and on time.
  • Check foreign exchange swaps for the front office on overnight, tomorrow-next, and spot-next cycles.
  • Monitor daily cash balances, including cash, same-day, and value-tomorrow balances, against Prime Brokers and clients.
  • Email daily netting figures to internal and external clients and Prime Brokers.
  • Investigate breaks in foreign exchange positions or cash balances.
  • Reconcile Excel cash sheets against the in-house system.
  • Prepare and check client and Prime Broker payments after netting completion.
  • Reconcile banking systems with the in-house system to confirm funds are received and paid.
  • Liaise with Treasury regarding payment queries.
  • Book foreign exchange spot and swap trades into the back-office system for other internal desks.
  • Reconcile Prime Broker balances daily and obtain sign-off.
  • Liaise with the Front Office regarding late or missed settlements.

Desired Qualifications

  • Knowledge of foreign exchange, spot, swaps, forwards, non-deliverable forwards, and options.

About the Company

StoneX Group

Brokers commodity, securities and currency trades

StoneX Group is a financial services firm that connects farmers, producers, banks, fund managers and individual traders to commodity, securities and currency markets. Its core business is futures brokerage and clearing, executing and settling exchange-traded contracts for clients, and buying R.J. O'Brien made it the largest non-bank futures broker in the US. It also runs cross-border payments, trades physical commodities and metals, and operates online trading platforms for individual investors. StoneX earns commissions and spreads when clients trade, plus interest and fees on client balances and consulting fees for risk management advice. Its roots go back to 1924 in Chicago, and it is headquartered in New York City.

Company size
5,001-10,000
Company stage
IPO
Headquarters
New York City, New York
Founded
1924

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