Commodities Trade Processing (12 month FTC)
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Job Type | Contract |
Area | City, UK |
Sector | BankingFinancial ServicesOperationsOther |
Salary | £45K - 50K, pro rata |
Currency | GBP |
Start Date | |
Job Ref | VAC-12535 |
Job Views | 345 |
- Description
- Rapidly expanding City-based trading house requires a Trade Processing officer with experience of commodities to join their Trade Processing Team on a 12 month fixed term contract to cover maternity. The successful candidate will have strong communication skills with the ability to build relationships across the business and will be responsible for working closely with departments such as Reconciliations & Client Services and resolving top day trade related queries.
Duties to include:
• Work with front office team to ensure timely processing of trade settlements across commodity classes
• Reconciliation of Nostros and physical deposits on a daily and monthly basis
• Work with the team to identify discrepancies in P&L and identifying solutions to trade settlement issues
• Offer support to the front office through a broad operational offering across settlements, reconciliations and monitoring/reporting
• Speak with trading parties to confirm settlement figures/margins
• Work closely with internal compliance team to ensure trades are closed/settled within both internal compliance framework and external regulatory guidelines
• Manage invoicing for physical import/export book for clients
• Monitor logistics/trade process and ensure timely, accurate and noted shipment logs
• Monitor clearing accounts and assist front office team on ensuring trades are settled correctly
• Assist with the precious metals trading platform and ensure accuracy of logs
• Experience:
• Full trade life cycle knowledge
• Recent, relevant experience in a commodity operations position (physical/derivative)
• Good understanding of middle office software
• Solid understanding of trade flows/settlements and reconciliations
• Ability to work in a fast-paced environment, working closely with front office teams
This vacancy is being advertised by Montpellier Resourcing Limited. The services advertised by Montpellier Resourcing Limited are those of an Employment Agency.