Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join our team to manage daily LME operations and ensure smooth trade processing.
- Company: We are a leading firm in the financial sector, specializing in LME operations.
- Benefits: Enjoy a permanent position with competitive pay and a dynamic work environment.
- Why this job: Be part of a crucial team that impacts trading efficiency and customer satisfaction.
- Qualifications: 5+ years in LME Operations with strong trade processing and reconciliation skills required.
- Other info: This role requires shift work; no hybrid options available.
The predicted salary is between 48000 - 72000 £ per year.
Job Title: Senior LME Operations
Location: UK
Working Hours: Shift basis covering hours of 06:30 to 19:00 (No hybrid working)
Overview: Our client is looking for a Senior LME Operations to join their team on a permanent basis. The overall purpose of the role is to participate in the daily procedures of the Operations department ensuring procedures are adhered to, time-critical activities are completed, and customer queries are dealt with efficiently.
Key Responsibilities:
- Ensure trades are inputted, including a mixture of manual input and semi-automated.
- Monitor LME SMART for any mismatches, unmatched, and alleged trades.
- Import trades executed on FX platform.
- Import customer FX and Bullion averaging trades.
- Check and agree Bullion confirmations from ISDA counterpart.
- Complete a 4-eyes check on all trades to ensure completeness of booking.
- Liaise with the Trading Desk to agree positions are correct at set times during the day.
- Reconcile LME Cash positions, LME Initial and Variation Margins.
- Perform Commodity Position Reporting reconciliation against LME Clear.
- Perform EMIR reconciliation for the UK.
- Perform MIFIR Transaction Reporting function.
- Daily reconciliation of client options for Open Interest and perform the necessary close out.
- Send out the client margin calls on a daily basis.
- Daily IB reconciliation.
- Daily Gross Commission income reporting to management.
- LME Warrants: Perform lodges and withdrawals, deliveries to and from, allocation, and send out invoices to clients where relevant.
- Respond to customer payment requests ensuring any payments do not place a customer on margin call.
- Treasury: Record all expected payments and receipts.
- Perform LME Option expiry.
- Respond to client queries ensuring the customer receives a resolution.
- Respond to client audit requests.
Skills, Experience, and Qualifications:
- 5+ years of hands-on experience in LME Operations role with direct experience of trade processing, LME matching, and position reconciliations is essential.
- Experience processing LME Option expiries and LME warrants is essential.
- Experience with reconciliations.
- Intermediate level creating and maintaining Excel spreadsheets.
- Familiarity with LME Systems such as SMART, SELECT, SWORD & MERCURY.
- Experience using Trinity is desirable.
Application: For more information on this role, please contact Judith Webb by sending your CV and quoting ref 16828JW.
#J-18808-Ljbffr
Senior LME Operations employer: Barbara Houghton Associates
Contact Detail:
Barbara Houghton Associates Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior LME Operations
✨Tip Number 1
Make sure you have a solid understanding of LME operations and the specific systems mentioned in the job description, like SMART and SELECT. Familiarity with these tools will not only help you during the interview but also show that you're serious about the role.
✨Tip Number 2
Network with professionals in the LME operations field. Attend industry events or join relevant online forums to connect with people who can provide insights or even refer you to opportunities within their organizations.
✨Tip Number 3
Prepare to discuss your hands-on experience in trade processing and reconciliations. Be ready to share specific examples of how you've successfully managed these tasks in previous roles, as this will demonstrate your expertise.
✨Tip Number 4
Stay updated on current trends and changes in the LME market. Being knowledgeable about recent developments will not only help you in interviews but also show your commitment to staying informed in this fast-paced environment.
We think you need these skills to ace Senior LME Operations
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Senior LME Operations position. Understand the key responsibilities and required skills, as this will help you tailor your application.
Highlight Relevant Experience: In your CV and cover letter, emphasize your 5+ years of hands-on experience in LME Operations. Be specific about your direct experience with trade processing, LME matching, and reconciliations.
Showcase Technical Skills: Mention your proficiency with LME Systems such as SMART, SELECT, SWORD & MERCURY, and your intermediate Excel skills. If you have experience with Trinity, make sure to include that as well.
Craft a Strong Cover Letter: Write a compelling cover letter that not only summarizes your qualifications but also explains why you are interested in this specific role and how you can contribute to the team.
How to prepare for a job interview at Barbara Houghton Associates
✨Know Your LME Operations Inside Out
Make sure you have a solid understanding of LME operations, including trade processing, position reconciliations, and the specific systems mentioned in the job description like SMART and SELECT. Be prepared to discuss your hands-on experience and how it relates to the role.
✨Demonstrate Your Attention to Detail
Since the role involves a lot of reconciliation and accuracy checks, be ready to provide examples from your past work where your attention to detail made a difference. Highlight any experiences where you successfully managed discrepancies or errors.
✨Prepare for Technical Questions
Expect technical questions related to LME matching, trade input processes, and margin calls. Brush up on relevant terminology and processes so you can confidently answer questions and demonstrate your expertise.
✨Showcase Your Problem-Solving Skills
The role requires responding to customer queries and resolving issues efficiently. Prepare examples of challenging situations you've faced in previous roles and how you resolved them, emphasizing your problem-solving abilities.
