At a Glance
- Tasks: Monitor and manage global commodities and FX trades while ensuring accurate settlements.
- Company: Engelhart, a dynamic commodities trading company with a collaborative culture.
- Benefits: Competitive salary, bonus plan, 25 days holiday, and robust health benefits.
- Why this job: Join a fast-paced team and make an impact in global trade operations.
- Qualifications: Experience in commodities and FX trading, strong operational skills, and proficiency in trading platforms.
- Other info: Inclusive environment promoting diversity and excellent career development opportunities.
The predicted salary is between 36000 - 60000 ÂŁ per year.
Engelhart was founded in 2013 by BTG Pactual Group as a commodities trading company. Our business model is “asset light” and highly diversified – giving us the ability to adapt effectively and nimbly to changing market conditions. We have assembled successful multidisciplinary teams, leveraging advanced fundamental analysis with deep quantitative and weather research capabilities. Our activities are underpinned by strong risk management practices and by powerful technology and operational excellence. We have exceptional teams with diverse global backgrounds and decades of experience, and are driven by a highly collaborative culture, across products and competencies. In 2024, Engelhart acquired Trailstone, a global energy trading and technology company. The acquisition provides us with new expertise, analytics and proprietary technology which is being used to provide risk management and optimisation services to help maximise the value of our clients’ renewable power. The acquisition also expanded Engelhart’s capabilities into physical natural gas across North America, a critical fuel to support the energy transition.
About the Role
Engelhart’s Trading Operations team play a critical role in monitoring and managing trade and cash flows across global markets. The team handles commodities & FX futures and options on multiple exchanges, as well as OTC financial trading. The successful candidate will work closely with colleagues across multiple time zones and build strong, direct relationships with traders, execution, Middle Office, and Back Office teams, helping to ensure efficient and accurate trade operations worldwide. The post-holder will report to the Financial Operations Manager working in Dubai. This role will own the following responsibilities:
- Monitor and manage global commodities and FX futures and options trades, including exchange-traded and OTC instruments.
- Reconcile trades, calculate settlements, and ensure accurate P&L reporting on a daily basis.
- Maintain strong relationships with traders, execution teams, brokers, and middle/back-office stakeholders.
- Operate and administer key trading and clearing platforms, including CME Direct, WebICE, Trayport, and TT.
- Support complex trading strategies, indexes, OTC swap settlements, and margin calculations.
- Act as a backup across operational functions to ensure smooth global trade operations.
- Identify opportunities to streamline processes and improve operational efficiency.
About You
This person will be a capable, mid-level trading operations professional with proven experience handling commodities and FX futures and options in a fast-paced, global environment. They will be confident managing complex trade flows, ensuring accurate settlements, and collaborating effectively with traders, execution teams, middle office, brokers, and other stakeholders. The following experiences and skills are essential for application:
- Strong operational expertise in commodities and FX futures and options, including trade processing, settlements, and reconciliations across multiple exchanges.
- Solid understanding of exchange and clearing operations (ICE EU/US, NYMEX, CBOT, LME, CMX, Endex, Matif, SGX, NGX, ASX, Dalian, SHFE) and OTC swap settlements.
- Proven ability to calculate and settle financial futures and options, understand complex trading strategies and indexes, and monitor intraday P&L and market movements.
- Proficiency in trading and back-office platforms (CME Direct, WebICE, Trayport, TT) and application of SPAN margin models.
- Proficient in Excel, with experience using macros, pivot tables, and advanced formulas for process automation and data analysis.
- Strong communication and interpersonal skills, confident interacting with traders, front office, and senior management, with the ability to challenge and push back when required.
- Able to prioritise effectively, manage competing demands, and work under pressure in a fast-paced, global environment.
- Collaborative, proactive, and adaptable, with strong ownership, attention to detail, and a track record of streamlining processes and improving operational efficiency.
What we offer
- Competitive compensation and participation in Engelhart’s discretionary bonus plan.
- 25 days of annual holiday entitlement, excluding UK public holidays.
- Robust benefits package such as medical, dental, life insurance, generous pension contribution, and supplemental benefits partially subsidised by the Company.
- Eligibility to receive external and internal training in accordance with our Training & Development Policy.
We believe in inclusivity and are therefore dedicated to ensuring all employees – across gender identity, race, ethnicity, sexual orientation, religion, life experience, background and more – feel welcome and included in the company. We promote diversity because we believe it is essential to our ability to think holistically.
Trade Operations Analyst (Commodities) London, United Kingdom employer: Engelhart CTP Group
Contact Detail:
Engelhart CTP Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Trade Operations Analyst (Commodities) London, United Kingdom
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working at Engelhart. A friendly chat can give you insights and maybe even a referral. Don't be shy; we all love a good conversation!
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of commodities and FX futures. We want to see that you're not just a fit on paper but also have the chops to back it up. Dive into recent market trends and be ready to discuss them!
✨Tip Number 3
Show off your collaborative spirit! During interviews, share examples of how you've worked with diverse teams. At Engelhart, we value teamwork, so let us know how you can contribute to our culture.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows us you’re genuinely interested in being part of our team. So, get that application in and let’s make it happen!
We think you need these skills to ace Trade Operations Analyst (Commodities) London, United Kingdom
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Trade Operations Analyst role. Highlight your experience with commodities and FX futures, and don’t forget to mention any relevant platforms you’ve used. 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 trading operations and how your background makes you a great fit for our team. Be bold and show us your personality!
Showcase Your Skills: In your application, make sure to showcase your operational expertise and any experience with trade processing and settlements. We love candidates who can demonstrate their ability to streamline processes and improve efficiency.
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 shows you’re proactive, which is exactly what we’re looking for!
How to prepare for a job interview at Engelhart CTP Group
✨Know Your Commodities
Make sure you brush up on your knowledge of commodities and FX futures. Understand the key exchanges and their operations, as well as the specific instruments you'll be dealing with. This will not only help you answer technical questions but also show your genuine interest in the role.
✨Showcase Your Analytical Skills
Be prepared to discuss your experience with trade processing, settlements, and reconciliations. Use specific examples from your past roles to demonstrate how you've successfully managed complex trade flows and calculated P&L. Highlight any tools or platforms you've used, like CME Direct or Trayport.
✨Emphasise Collaboration
Since this role involves working closely with various teams across different time zones, be ready to talk about your collaborative experiences. Share instances where you've built strong relationships with traders or back-office teams, and how that contributed to operational efficiency.
✨Prepare for Problem-Solving Questions
Expect questions that assess your ability to identify process improvements and streamline operations. Think of examples where you've proactively solved issues or improved workflows in your previous roles. This will showcase your adaptability and ownership, which are key traits for this position.