Associate, Commodities Sales Person

Corporate banking
  • Hybrid
  • New York (US)
  • 40 hours
  • Full time
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  • Business Networking
  • Change Agility
  • Commercial Excellence
  • Creativity
  • Customer-Focused
  • Data Insights
  • Disciplined Execution
  • Emotional Intelligence
  • Risk Assessments
  • Sustainability Practices

This match does not affect your application. It is purely an indication of whether this vacancy matches your skills.

As an Associate, Commodities Sales you play a key role in working with the sales and trading team, assisting them with their commodities orders flow and trades. Your role in the Sales team will be to provide ongoing service to the sales team making sure all the commodities trades processes run smoothly while getting the exposure to learn about agricultural, energies, and metals commodities.

Our Shared Future:

"I enjoy working on a dynamic, high-trust team made up of individuals who support one another and who are aligned in chasing the same goal. In this role I get to exercise my analytics skills to evaluate the market and build strategies, while also building relationships and excellent service with clients" -Commodity Sales North America – Associate

You and Your Job

As an Associate, Commodities Sales you will be successful in making sure all the commodities trades are booked and flow correctly through the processes while getting the exposure on learning about the trade details and type of strategies or structures clients can use to hedge the risk on commodities. You will spend the majority of the time reviewing and understanding the trade flow making sure all the commodities trades are booked and flow correctly through the processes.

Job Responsibilities

· Responsible for assisting commodities sales of North American clients on reviewing trades placed and ready to be booked.

· Primary focus on confirming details on each trade to be corrected and confirmed by sales & trading based on client requests.

· Assisting on the booking of transactions for all commodities.

· Works with the NA commodities team understanding all the process of each trade from client request to booking and initial confirmation.

· Detail oriented and with excel and Murex proficiency.

· Review client statements (and confirmations if needed)

· The Commodity Support role requires permissions to book/amend trades when salespeople are busy.

· Work on the weekly reconciliation of orders with sales and trading.

· Maintain the revenue sheet and EOS compensation up to date.

· Learn sales techniques and acquire technical skills to develop into a sales role.

Your Promise to Us:

To be considered for the Associate, Commodities Salesperson role, you must have:

· 3-4 years supporting a commodity trading or derivative sales desk in a financial institution. Banking experience is preferred.

· BS or BA in Finance, Accounting, Math, Engineering, Physics or relevant experience

· A high level of Excel and Murex knowledge. Microsoft Office Suite (Word, PowerPoint, Excel, Outlook)

· Practical knowledge of OTC derivatives, swaps, options and ideally other types of structures

· Experience in executing transactions with clients over portals, phone, email, or registered chats in commodities is a plus

· A high level of professional knowledge - Independently investigates problems, determines approach, compiles and analyses data and prepares reports/recommendations

· Able to clearly present solutions or build reports to control the booking process

· Able to assist Sales & Trading in the booking process

·   Strong verbal and written communication skills required

·    Provide highest level of service to other Rabobank Business Units and internal customers

· Highly motivated

·    Ability to handle multiple tasks at one time

Salary Expectations:

Target Hiring Range: $115,000 - $185,000.00

This position is subject to the terms of Rabobank’s compensation plans and policies. It is anticipated that the position will pay within the target hiring range. The range is reflective of the desired primary physical work location and may be adjusted outside of the projected range based on geographical differentiation if the actual work location of the hired candidate differs from the desired primary location, or for other lawful reasons. Further, all full-time regular positions include all other benefits provided to [RAF/Rabobank/RDS] employees, including healthcare benefits, 401k matching, vacation, sick leave, parental leave, possible discretionary bonuses and all other benefits that are all governed by and subject to ERISA plan documents and eligibility.

Rabo provides equal opportunity in employment to all employees and applicants and does not discriminate on the basis of race, color, creed, religion, national origin, ancestry, alienage or citizenship status, age, sex, sexual orientation, gender identity gender expression, marital status, genetic information, medical condition, physical or mental disability, pregnancy, childbirth or related medical condition, military service or veteran status, victims of domestic violence, or any other basis protected by applicable law. Rabo also prohibits harassment of any individuals on any of the bases listed above.

At Rabobank, we strive to grow a better world together. In order to achieve that, we have to have the right people in the right jobs. Are you ready to join our team?

This job posting has no fixed application deadline.  We will accept resumes until a qualified applicant pool is identified.

#LI-Hybrid

The Application Process

This is our standard application process. It may vary by role.

Step 1You Apply

Thanks for applying! You will always receive a confirmation of your application by email. We review all the resumes and covering letters that we receive. We will let you know as soon as possible if we invite you for an interview.

Step 2Interview

We invite you for one or more (online) interviews. We want to know if you fit the role and the team. You probably have many questions for us too. For some positions, we may also ask you to complete an assignment or assessment.

Step 3Our Offer

Are you the new colleague we are looking for, and do you also feel happy with us? Congratulations! You will receive a good offer from us. Before you start, we conduct a legal screening to ensure that our employees do not pose a risk to us and our customers.

Step 4Welcome!

Welcome to Rabobank! We look forward to seeing you and can't wait to work together.

Apply for this job

Associate, Commodities Sales Person

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