International Trade Operations Associate (Cacao)

Overview

Connecting clients to markets – and talent to opportunity.  With 4,500+ employees and over 300,000 commercial, institutional, payments, and retail clients, we operate from more than 70 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. 

Responsibilities

The purpose of this position is to ensure efficient and effective execution of StoneX Commodity Solutions, LLC international transactions. This role’s primary purpose is contract performance, position, inventory/ releases, contract execution, risk mitigation, international operations, ensuring accurate execution, payment performance, and safe transfer/release of title for commodity trade finance transactions and back-to-back trade flows for Cocoa Program.

 

Primary Accountabilities/Responsibilities: the International Trade Operations Coordinator will lead and coordinate all trade execution related activities. Primary responsibilities will include:

• Coordinate with Front Office, Clients, and Vendors to execute purchase and sales transactions
• Perform trade control activities to ensure safe transfer and release of title documentation for international, structured finance and domestic trade flows
• Daily Inventory Management & reconciliation of physical commodity movements
• Instruct, collect, and review international trade documentation to ensure completeness for payment performance and nationalization of commodity at destination
• Ensure payment performance on both import and export transactions including presentation of documentation to banks
• Trade Settlement - Create ticket applications against contract parameters
• Creation of Inventory, Accounts Payable, Accounts Receivable and cost accrual entries
• Exercised and apply of title documents (bills of lading, scale ticket, warehouse receipts)
• Authorization and approval of vendor invoices and supporting documentation for physical commodity products, freight
• Create and send commercial invoices
• Process settlement checks for approval payment to suppliers and clients
• Formulate 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
• Create Overfills/Underfills/Washes on Contracts
• Performs monthly inventory reconciliation and adjustments per 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

To land this role you will need:

• Bachelor’s degree in international business, Supply Chain, Accounting or business-related field
• 1 + years relevant international trade experience
• Fluent in both Spanish and English required
• Experience reviewing inventory positions, forecasts and managing databases.
• Experience ensuring contract payment performance for purchase and sales contracts.

What makes you stand out:

• Excellent verbal and written communication skills
• Experience creating and reviewing trade related documentation desired.
• Experience in accounting previous roles (or background), eager to learn about international transactions.
• Strong attention to detail and accuracy
• Flexible and adaptable with an ability to prioritize tasks and meet deadlines
• Passion to learn and expand international trade knowledge in unfamiliar product lines
• Proficient in Microsoft office product (Power BI basics desired)

Working environment: 

• Full time position (Monday to Friday), as an independent contractor
• 100% On-site: Av. Los Arcos
• Compensation: 1000 to 1350 USD/Month, depending on experience