At a Glance
- Tasks: Manage precious metals transactions, ensuring accurate settlements and resolving discrepancies.
- Company: Join a leading investment banking client in the heart of London.
- Benefits: Competitive salary and a dynamic work environment.
- Other info: Initial 6-12 month contract with opportunities for growth.
- Why this job: Be a key player in the exciting world of precious metals operations.
- Qualifications: 2-5+ years in commodities or operations with a focus on precious metals.
The predicted salary is between 54000 - 66000 £ per year.
G MASS is seeking an Associate / Senior Analyst to join one of our Investment Banking clients within their Precious Metals Operations function.
You will play a central role in supporting the settlement, reconciliation, and risk control processes underpinning the firm's precious metals business, acting as a key point of contact between trading desks and operations.
This role is based in London, and would be an initial 6-12 month contract.
Key Responsibilities
- Manage the end-to-end settlement process for precious metals transactions, including physical settlement and delivery of gold bullion, silver, platinum, and palladium.
- Oversee trade reconciliations and cash settlements, ensuring accuracy and timeliness across the trade lifecycle.
- Investigate and resolve discrepancies between trade details and confirmations, working closely with internal and external counterparties.
- Serve as liaison between trading desks and operations, providing clear and timely updates on settlement status, issues, and priorities.
- Utilise settlement systems and SWIFT messaging protocols to process and monitor precious metals transactions.
- Apply comprehensive knowledge of precious metals markets, products, and settlement conventions to support day-to-day operations and problem resolution.
- Contribute directly to the risk and control framework, identifying operating model gaps and supporting process improvement initiatives.
- Collaborate closely with middle office, risk & control, and front office teams to ensure smooth operational delivery.
- Maintain awareness of regulatory frameworks governing precious metals trading and settlement, ensuring adherence to relevant requirements.
- Engage confidently with senior operations managers and front office stakeholders, including trading desk personnel, through clear communication and presentation of issues and solutions.
Qualifications
- 2-5+ years' experience in a commodity and/or operations role with substantial exposure to precious metals operations.
- Comprehensive knowledge of precious metals markets, products, and settlement conventions, including physical settlement and delivery.
- Settlement system experience along with familiarity with SWIFT messaging protocols.
- Understanding of the regulatory frameworks governing precious metals trading and settlement.
- Proven experience managing trade reconciliations and cash settlements.
- Strong attention to detail with the ability to work accurately under pressure.
- Excellent communication and presentation skills, with the confidence to engage senior stakeholders across operations and the front office.
- Length: Initial 6-12m contract
- #J-18808-Ljbffr
Commodities Operations Analyst - Precious Metals employer: G MASS
G MASS is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets finance. Employees benefit from a collaborative culture that encourages professional growth and development, alongside competitive remuneration and flexible working arrangements. With a focus on enhancing broker data handling capabilities, this role provides a unique opportunity to work with cutting-edge technology and contribute to impactful projects within a leading hedge fund.
StudySmarter Expert Advice🤫
We think this is how you could land Commodities Operations Analyst - Precious Metals
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like G MASS.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like G MASS might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Commodities Operations Analyst - Precious Metals
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at G MASS will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at G MASS. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give G MASS confidence in your short-term commitment to the role.
How to prepare for a job interview at G MASS
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with G MASS.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure G MASS that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
