LME Operations Analyst in City of London

LME Operations Analyst in City of London

City of London Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Join a dynamic team to manage LME operations and ensure smooth trading processes.
  • Company: International Financial Institution with a global presence and innovative approach.
  • Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
  • Why this job: Be part of the commodities industry and make an impact in a fast-paced environment.
  • Qualifications: 2 years in commodities, LME experience essential, and strong analytical skills.
  • Other info: Fast-paced role with opportunities to develop your career in finance.

The predicted salary is between 36000 - 60000 £ per year.

Our client, an International Financial Institution, is seeking an LME Operations Analyst to join their team on a permanent basis. This is a hybrid position.

Main responsibilities (but not limited to):

  • Respond to audit requests
  • Prepare customer warrant releases as per customers' instructions, ensuring they comply with credit policy
  • Prepare and perform month end averaging in SYSTEM base metals and bullion
  • Reconcile all exchange fees on a monthly basis and agree any outages and prepare any necessary client debit/credit notes
  • Perform LME Matching from the trading floor
  • Perform SWORD releases
  • Clear and Ex-clear checking against the position sheet and credit policy before authorising
  • Perform end of day warrant reconciliation
  • Check trades entered into the SYSTEM on the Online Checking Screen
  • Perform options declarations LME, CME, ICE and LIFFE
  • Ensure Transfers (Expits), Clearing Switches and Metal Swaps are processed and matched on a timely basis
  • Set up new products, add them to the relevant profit centre and then inform Finance so they are able to add nominal
  • Perform give in trades upon request from our clearing customers across all exchanges
  • Produce and monitor the negative ledger balance report
  • Perform the clearing houses & clearing brokers cash and forward reconciliations on a daily basis
  • EMIR: Prepare files and send to the repository and deal with any manual updates to submit files

Key skills:

  • 2 years experience in the commodities industry, experience with LME is compulsory
  • Good knowledge and understanding of commodities trading
  • Ability to work under pressure within a manually operated system and market volatility
  • Accurate keyboard skills
  • Ability to analyse problems and find a resolution

LME Operations Analyst in City of London employer: Barbara Houghton

Join a leading International Financial Institution that values innovation and collaboration, offering a dynamic work environment for the LME Operations Analyst role. With a strong commitment to employee development, you will benefit from comprehensive training programmes and opportunities for career advancement, all while enjoying a hybrid work model that promotes work-life balance. Our inclusive culture fosters teamwork and encourages you to contribute meaningfully to our operations in the fast-paced commodities market.
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Contact Detail:

Barbara Houghton Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land LME Operations Analyst in City of London

✨Tip Number 1

Network like a pro! Reach out to folks in the commodities industry, especially those who know the LME inside out. A friendly chat can lead to insider info about job openings that aren't even advertised yet.

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of commodities trading and the specific responsibilities of an LME Operations Analyst. We recommend practising common interview questions and scenarios related to the role to show you're ready to tackle the challenges.

✨Tip Number 3

Don’t just apply anywhere; focus on companies that align with your career goals. Use our website to find roles that match your skills and interests, and tailor your approach to each one. It’s all about making that connection!

✨Tip Number 4

Follow up after interviews! A quick thank-you email can keep you fresh in the interviewer’s mind. Plus, it shows your enthusiasm for the role and helps build a rapport with the team.

We think you need these skills to ace LME Operations Analyst in City of London

LME Knowledge
Commodities Trading
Audit Response
Credit Policy Compliance
Month-End Averaging
Reconciliation Skills
Trade Checking
Options Declarations
Timely Processing of Transfers
Product Setup
Negative Ledger Balance Monitoring
Cash and Forward Reconciliations
EMIR Compliance
Problem Analysis and Resolution
Ability to Work Under Pressure

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the LME Operations Analyst role. Highlight your experience in the commodities industry and any specific knowledge of LME processes. We want to see how your skills match what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit. We love seeing enthusiasm and a personal touch, so let your personality come through.

Showcase Relevant Experience: When detailing your work history, focus on experiences that relate directly to the responsibilities listed in the job description. If you've handled month-end averaging or reconciliations before, make sure to mention it. We want to know what you've done!

Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about us and what we do!

How to prepare for a job interview at Barbara Houghton

✨Know Your LME Inside Out

Make sure you brush up on your knowledge of the London Metal Exchange (LME) and its operations. Familiarise yourself with the key processes like warrant releases, month-end averaging, and trade reconciliations. This will show that you're not just interested in the role but also understand the industry.

✨Demonstrate Your Analytical Skills

Prepare to discuss specific examples where you've successfully analysed problems and found resolutions in a high-pressure environment. Think about times when you had to reconcile discrepancies or manage market volatility, as these experiences will resonate well with the interviewers.

✨Get Comfortable with SYSTEM

Since the role involves using SYSTEM for various tasks, it’s a good idea to familiarise yourself with similar software or tools. If you can, practice navigating through functionalities like trade entry and reporting. Being able to speak confidently about your technical skills will give you an edge.

✨Prepare Questions That Show Your Interest

Have a few thoughtful questions ready to ask at the end of your interview. Inquire about the team dynamics, challenges they face in the commodities market, or how they measure success in this role. This shows that you’re genuinely interested in contributing to their success.

LME Operations Analyst in City of London
Barbara Houghton
Location: City of London

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