Associate, Commodities Operations
Associate, Commodities Operations

Associate, Commodities Operations

London Entry level 28800 - 43200 £ / year (est.) No home office possible
Go Premium
Commonwealth Bank

At a Glance

  • Tasks: Assist in managing commodities operations, including trade confirmations and inventory monitoring.
  • Company: Join a leading financial institution with a global reach and dynamic team culture.
  • Benefits: Competitive salary, career development opportunities, and a supportive work environment.
  • Other info: Exciting opportunity for career growth in a fast-paced environment.
  • Why this job: Be part of a growing team and make an impact in the commodities market.
  • Qualifications: 1-3 years experience in commodities operations and a degree in Finance preferred.

The predicted salary is between 28800 - 43200 £ per year.

Market Operations is a team of 400 Operations Professionals who support our Financial Markets, CommSec, Trade Finance & Treasury businesses globally. Functions performed are trade confirmation, settlement, reconciliation, and client data capture/maintenance, corporate actions across FX, Fixed Income, Rates, Commodities, Derivatives and Equities. We also provide Middle Office services including Collateral Management, Regulatory Reporting, Client Reference Data maintenance, Client Onboarding, Account Origination, Client Case Management, Estate Management, International Loan Administration, Trade Support and Confirmation services. Our team is expanding and this is a brand new position we are looking to fill with a dynamic and driven junior candidate. Its purpose is to assist the team in its various functions. The team looks after Commodities products, primarily Base and Precious metals. The team manages several functions including and not limited to metal financing, physical movement of metal, warehouse inspections, vessel screening, Shipper's Letter of Instruction, Warrants, deal validation and daily stock/deal reconciliations.

Your Impact and Contribution:

  • The role requires the ability to manage and resolve deal related quality issues and knowledge of Financial Markets products.
  • The Global Commodities team manages transactional activity of the Global Commodities desks across various regions.
  • Key source for internal/external stakeholders regarding physical inventory, settlements, warehouse stocks, transit stock, releases to clients etc.
  • Handling documentation relating to change of title/storage/warehousing agreements.
  • Conducting vessel screening for transit requirements and ongoing monitoring of inventory for trading activity/insurance limits.
  • Performing LME/CME deliveries, warranting and cancellations.
  • Detailed understanding of LME/CME specifications for metal delivery including reviewing producer, shipper, and warehousing documentation Vs contracts where appropriate.
  • Scheduling and reviewing warehouse inspections/audits and resolution of issues.
  • Daily and Monthly reconciliations, reporting and submissions.

We are interested in hearing from you if you have:

  • 1-3 Years experience (mainly Base with Precious experience highly preferred - settlements & logistics) ideally from a trading house.
  • Previous experience on timely receipt and delivery against purchase and sale deals with correct documentation (including shipments, customs clearing, exchange of metal, insurance).
  • Monitoring in transit stock and managing the documents and further arrangements with all stakeholders.
  • 3RD Party inspections.
  • Experience in stock reconciliations (EOM & DAILY).
  • Insurance declarations.
  • LME, CME Warranting, cancellations, rent endorsements.
  • Bachelor of Arts or degree in Finance.

In order to be considered, please indicate your salary expectations and notice period on the application form.

If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through 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.

Advertising End Date: 28/01/2026

Associate, Commodities Operations employer: Commonwealth Bank

At Commonwealth Bank, we pride ourselves on being an excellent employer, offering a dynamic work environment that fosters growth and collaboration within our Market Operations team. As an Associate in Commodities Operations, you will benefit from comprehensive training, mentorship opportunities, and a culture that values innovation and teamwork, all while working in a vibrant location that supports a healthy work-life balance. Join us to be part of a forward-thinking organisation that is committed to your professional development and success.
Commonwealth Bank

Contact Detail:

Commonwealth Bank Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Associate, Commodities Operations

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by researching the company and its operations. Understand their Commodities products and be ready to discuss how your experience aligns with their needs. Show them you’re genuinely interested!

✨Tip Number 3

Practice your responses to common interview questions, especially those related to deal management and reconciliation. We want you to feel confident and ready to impress when it’s your turn to shine!

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take that extra step to engage with us directly.

We think you need these skills to ace Associate, Commodities Operations

Knowledge of Financial Markets products
Deal Management
Quality Issue Resolution
Documentation Handling
Vessel Screening
Inventory Monitoring
LME/CME Deliveries
Warehouse Inspections
Stock Reconciliations
Insurance Declarations
Communication with Stakeholders
Trade Confirmation
Settlement Processes
Logistics Management
Attention to Detail

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Associate, Commodities Operations role. Highlight any relevant experience in commodities, settlements, and logistics. We want to see how your background aligns with what we do!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about commodities and how your skills can contribute to our team. Keep it concise but impactful – we love a good story!

Showcase Relevant Experience: When filling out your application, be sure to showcase any specific experience you have with LME/CME processes, stock reconciliations, or documentation management. We’re looking for candidates who can hit the ground running!

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’s super easy – just follow the prompts!

How to prepare for a job interview at Commonwealth Bank

✨Know Your Commodities

Make sure you brush up on your knowledge of Base and Precious metals, as well as the specifics of LME and CME specifications. Being able to discuss these topics confidently will show that you're serious about the role and understand the industry.

✨Showcase Your Experience

Prepare to talk about your previous experience with settlements and logistics. Be ready to provide examples of how you've managed documentation and resolved deal-related quality issues in the past. This will demonstrate your hands-on knowledge and problem-solving skills.

✨Understand the Team Dynamics

Research the Market Operations team and their functions. Knowing how they interact with internal and external stakeholders will help you articulate how you can contribute to the team’s success. It’s all about showing that you’re a team player who can fit right in!

✨Ask Insightful Questions

Prepare some thoughtful questions about the role and the team. This could include inquiries about daily operations, challenges faced by the team, or opportunities for growth. Asking questions shows your interest and helps you gauge if the company is the right fit for you.

Associate, Commodities Operations
Commonwealth Bank
Location: London
Go Premium

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>