Position Overview:
Primary focus will be on Commodities within the Operations team, who are responsible for trade capture, trade confirmations, settlements, reconciliations and position life-cycle events within the firm.
- Manage all aspects of a growing physical and derivative Commodities business, including trade validation, maintenance, affirmation, settlement and reconciliation.
- Validate process and settle all periodic events to ensure the integrity of the entire trade life cycle.
- Perform position and cash reconciliations
- Perform trade affirmation in multiple systems (depending on asset type) with counterparties to minimize risk.
- Monitoring T+0 trade capture exceptions.
- Processing option assignments and expiries.
- Onboarding new trading counterparties and exchanges
Required Qualifications:
- 3+ years in Commodities middle-office / trade support experience covering trade processing, collateral, confirmations, settlements, cash, position and trade reconciliations.
- Demonstrate proficiency in all types of Commodities, including:
- Futures and Options on exchange (LME, CME, SHFE, SGX)
- Future lookalike (swaps) and other OTC products
- OTC products traded bilaterally with physical players
- Paper-like physical ownership such as Warrants, Pool Accounts, Carbon Certificates etc
- Physical ownership of Commodities (off-warrant)
- Demonstrate proficiency in all calculations used to support any products in your asset class coverage.
- Understand the importance of our team concept. Establish long-lasting organizational relationships that will foster a productive work environment.
- Demonstrate proficiency in written and oral communication skills.
- Working on system and process improvements, and new business initiatives.
- Understand the relevant technology and applications that are required to excel in the role.