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Commodities Trade Support

MW recruitment
Posted a day ago, valid for 4 days
Location

London, Greater London EC1R 0WX

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • A City-based Investment Bank is seeking to hire for the middle office focused on Commodity products, aiming to foster strong relationships with the Capital Markets Trading desk.
  • The role involves executing on-desk trade support activities, including booking, validating, and amending trades, as well as performing reconciliations of PnL, risk, and positions.
  • Candidates must have over 5 years of experience in the financial services industry and a relevant University Degree or College Diploma.
  • The position offers a competitive salary, commensurate with experience, and requires strong knowledge of various financial products, especially in commodities and fixed income.
  • Strong communication skills and the ability to work under tight deadlines are essential, along with a commitment to regulatory compliance and operational effectiveness.

A City based Investment Bank wish to hire within the middle office for Commodity products and to develop and maintain excellent working relationships with the Capital Markets Trading desk.

Overview

  • Accountable for the execution of assigned on-desk trade support activities in a timely, accurate and efficient basis.
  • Book, validate and amend trades, review trade discrepancies and follow up with clients, perform PnL, Risk, trade and position reconciliations
  • Support the resolution of discrepancies/exceptions, escalating to management as required.
  • Support the introduction of new products, technology or processes that are in line with Business Partner initiatives participating in the analysis, testing and implementation activities
  • Identify potential risk situations within the scope of FICC Trade Support activities, escalating to management as required.
  • Ensure adherence to directives, internal processes and internal approvals to mitigate risk to the Bank
  • Understand regulatory and compliance requirements as prescribed for the business unit to ensure adherence as required.
  • Ensure adherence to all aspects of First Principles, Our Code of Business Conduct and Ethics Corporate Policy, as well as all applicable legislation, regulatory rules and requirements, and Bank standards, policies and procedures
  • Identify opportunities to improve the operational effectiveness of assigned day-to-day FICC Trade Support activities.

Experience Required

  • 5+ years of business related experience in the financial services industry
  • University Degree/College Diploma in related discipline
  • Strong knowledge and understanding of a range of Financial Products including: Commodities (Energy and metals, especially metals financing), Fixed Income, and Interest Rate Derivatives
  • Knowledge of Financial Markets and Regulatory oversight bodies
  • Strong written and oral communication skills
  • Ability to work under tight deadlines independently or in a team-based environment

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.