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StoneX

Senior Vice President, Ocean Freight

StoneX, Stamford, CT


OverviewOverviewConnecting clients to markets – and talent to opportunityWith 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.At StoneX, we offer you the opportunity to be part of an institutional-grade financial services network that connects companies, organizations, and investors to the global markets ecosystem. As a team member, you'll benefit from our unique blend of digital platforms, comprehensive clearing and execution services, personalized high-touch support, and deep industry expertise. Elevate your career with us and make a significant impact in the world of global finance.Business Segment OverviewCommercial: 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. ResponsibilitiesJob Purpose and ResponsibilitiesPosition Purpose: to develop, build out a bulk vessel shipping business unit within SCS in coordination with SCS business lines. Position will prioritize development of vessel chartering and management policies and procedures, and management of chartered vessels, the related documentation and underlying commodity transactions. In addition, the business will leverage StoneX products and services from across the platform, including but not limited to market intelligence, execution and clearing of listed and over-the-counter derivatives.Responsibilities:Document Policy and Standards (30-60 days): Develop and implement relevant policies and framework to build out a global vessel chartering and trading business, including path to full vessel time chartering over 24 -36 months. Start Small (Day 30 – 120+): Begin via voyage charters to replace delivered purchases within INCOMM and Fats & OilInitial forecast is that we will be able to save ~$450K just by cost reductions on current flowsDocument successes and improvements before moving to next stepExpand to service and supply vessels to 3rd party trades to increase efficiency in freight, expand opportunities and drive additional revenueQualificationsQualifications:10+ years relevant experienceBachelor's Degree requiredHiring Salary Range $250,000 - $300,000 Salary to be determined by the education, experience, knowledge, skills and abilities of the applicant, internal equity and alignment with market data.)   Subject to business performance and recommendations of management, this role may be eligible to participate in an incentive compensation plan.  This compensation package, in addition to a full range of medical, financial, and/or other benefits, dependent on the position, is offered. Job SummaryCategory (Portal Searching): Sales & TradingPosition Type (Portal Searching): Experienced ProfessionalSalary Range: 250,000 - 300,000