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For Companies At a Glance
- Tasks: Lead a dynamic team managing day-to-day operations in Global Commodities.
- Company: Join Commonwealth Bank, a global leader in financial services with a diverse operations team.
- Benefits: Enjoy competitive salary, career growth opportunities, and a collaborative work culture.
- Why this job: Make an impact in a fast-paced environment while developing your leadership skills.
- Qualifications: Experience in Commodities Operations and a degree in Finance are essential.
- Other info: This role is based in London, collaborating with teams across time zones.
The predicted salary is between 43200 - 72000 £ per year.
About us:
Market Operations is a Global team of 400+ Operations Professionals who support our Global Markets, Commodities and Carbon, Structured Trade & Treasury businesses globally. Functions performed are trade confirmation / affirmation, settlement, reconciliation, and client data capture/maintenance, corporate actions (the front to back trade lifecycle) across FX, Fixed Income, Rates, Commodities, Carbon, Structured Trade. Derivatives and Loans.
Market Operations also provides Middle and Back Office services including Collateral Management, Regulatory Reporting, Client Reference Data maintenance, Client Onboarding, KYC Refresh, Account Origination, Client Case Management, Estate Management, International Loan Administration & Operations, Trade Support, Confirmation services and Settlements / Payments.
Picture yourself in the team:
The Commodities team provides operational and logistical support to the Global Commodities desks, with a focus on Base Metals in London. As the role is based in London you will be required to work closely with the Commodities Operations team based in Sydney.
You will be responsible and accountable for supporting the process/product of the day-to-day operations of the Global Commodities Business.
You will be managing a team of 8 people (1 Manager and 7 Senior Associates / Associates), and will report to the Head of WHEM Operations (also based in London). You will be an integral part of the WHEM Leadership Team and expected to participate in the wider Global Market Operations Extended Leadership forums which take place occasionally.
Do work that matters:
Your main responsibilities will include:
- You will oversee both the Settlements and Logistics teams for CBA Base and Precious Metals Business. The role requires day-to-day leadership of the Commodities teams, with a span of control across different CBA locations. This involves coordinating a \”follow the sun\” process, ensuring seamless operations across time zones.
- Stakeholder Support and Collaboration by being the main point of contact for both internal and external stakeholders, the successful candidate will need to support colleagues and peers across several functions, including sales channels and trade sales specialists. Our internal stakeholders are either the Business Desk Heads or part of the Senior Management Regime and Branch Leadership teams. We require a leader who can work effectively with different teams to achieve common goals.
- Leading operational initiatives to support business growth requires a proactive leader who can identify opportunities for improvement and drive projects to completion.
- Delivering accurate and relevant management information back to stakeholders across the Group. Requiring a leader who can analyse data and provide insights that inform decision-making.
- Complying with bank policies, controls, and frameworks, and reporting any issues affecting the team, underscores the need for a leader who is diligent, ethical, and committed to minimizing risk.
We are interested in hearing from you if you have:
- Substantial experience in Commodities Operations/Middle Office, specifically across Base and Precious Metals & Carbon operations.
- Understanding of end-to-end Logistics Operations, including overseeing logistics planning, transportation, warehousing, and inventory control.
- A good understanding of the settlements and transfer process for commodities (including Warrants).
- Broad understanding of Traditional Trade Finance, which is essential for managing financial transactions related to trade.
- Experience in AML and KYC risk themes and processes.
- Proven and established leader with a strong track record in team management, development and mentoring.
- Strong senior stakeholder relationships management experience.
- Strong problem identifying and solving skills.
- A Bachelor of Arts or Degree in Finance.
- Experience in utilising industry wide systems such as Murex is beneficial but not essential.
In order to be considered please indicate your notice period and salary expectations on the application form.
If you\’re already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you\’ll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career.
We\’re aware of some accessibility issues on this site, particularly for screen reader users. We want to make finding your dream job as easy as possible, so if you require additional support please contact HR Direct on 1800 989 696.
Advertising End Date: 15/07/2025 #J-18808-Ljbffr
Senior Manager, Commodities Operations employer: Commonwealth Bank
Contact Detail:
Commonwealth Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Manager, Commodities Operations
✨Tip Number 1
Familiarise yourself with the specific commodities and logistics operations relevant to the role. Understanding Base and Precious Metals, as well as Carbon operations, will give you an edge in discussions during interviews.
✨Tip Number 2
Network with professionals in the commodities sector, especially those who have experience in operations or middle office roles. Engaging with industry contacts can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss your leadership style and experiences managing teams. Highlight specific examples of how you've developed and mentored team members, as this is crucial for the Senior Manager position.
✨Tip Number 4
Stay updated on current trends and regulations in commodities trading and finance. Being knowledgeable about AML and KYC processes will demonstrate your commitment to compliance and risk management.
We think you need these skills to ace Senior Manager, Commodities Operations
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in Commodities Operations, particularly in Base and Precious Metals. Use specific examples to demonstrate your leadership skills and operational expertise.
Craft a Compelling Cover Letter: Write a cover letter that addresses the key responsibilities of the role. Emphasise your experience with logistics operations and stakeholder management, and explain how you can contribute to the team at Commonwealth Bank.
Highlight Relevant Skills: In your application, clearly outline your understanding of settlements, transfer processes, and any experience with AML and KYC. Mention any industry systems you are familiar with, such as Murex, even if they are not essential.
Be Clear on Expectations: When filling out the application form, be transparent about your notice period and salary expectations. This shows professionalism and helps set clear expectations from the start.
How to prepare for a job interview at Commonwealth Bank
✨Understand the Commodities Landscape
Make sure you have a solid grasp of the commodities market, especially Base and Precious Metals. Familiarise yourself with current trends, challenges, and opportunities in the sector to demonstrate your expertise during the interview.
✨Showcase Leadership Experience
As you'll be managing a team, be prepared to discuss your leadership style and past experiences. Highlight specific examples where you've successfully led teams, driven initiatives, or improved processes in previous roles.
✨Prepare for Stakeholder Management Questions
Expect questions about how you manage relationships with senior stakeholders. Think of examples that showcase your ability to communicate effectively and collaborate across different functions to achieve common goals.
✨Demonstrate Analytical Skills
Since the role involves analysing data to inform decision-making, be ready to discuss your analytical skills. Prepare to share instances where your insights have led to significant improvements or informed strategic decisions.
