At a Glance
- Tasks: Support the trading team by ensuring accurate trade details and system updates.
- Company: Join Mercuria, a leading energy and commodity trading company with a global presence.
- Benefits: Competitive salary, opportunities for growth, and a chance to impact sustainability.
- Other info: Work in a fast-paced, multicultural environment with excellent career development opportunities.
- Why this job: Be part of a dynamic team driving the transition to sustainable energy solutions.
- Qualifications: Degree in Business or related field; experience in trade support is a plus.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
Established in 2004, Mercuria is one of the leading integrated energy and commodity trading companies in the world. We bring energy markets together to support the needs of today by trading, structuring finance, and investing into strategic assets, while generating more than $110 billion in turnover.
Our operations span over 50 countries on 5 continents, including all the major energy hubs. We trade physical oil, energy products, environmental products and other commodities from Geneva, London, Singapore, Shanghai, Beijing, Dubai, Houston, Calgary and Greenwich (CT).
We are committed to advancing the transition to a more sustainable, affordable and reliable energy system for tomorrow. Over 50% of our assets are in low carbon & energy transition sectors - providing a strong platform to trade these new markets and support decarbonization.
In 2023, we established Silvania, a $500 million fund, investing into restoration and protection of nature and biodiversity globally and in support of the Paris Agreement goals & UN 30x30 biodiversity initiative. This new asset class supports nature protection and provides sustainable financial returns.
Position Overview
We are seeking a detail-oriented and proactive Trade Support Analyst to join our dynamic Metals team in London. This role is critical in ensuring the accurate and timely reflection of contractual and operational trade details, working closely with internal departments (e.g. Traders, Operations, Middle Office, Contracts, IT) to support the full lifecycle of physical commodity transactions.
Key Responsibilities
Trade Support:
- Accurately reconcile contractual obligations in the trading system based on business confirmations and deal recaps
- Coordinate with the Contracts and Middle Office Departments to address any discrepancies, required corrections, or trade amendments
System Updates:
- Act as the key interface between Operations and Middle Office to ensure timely and precise updates in the trading system, including:
- Provisional and final assay results (physical specifications)
- Delivery schedules and narrowed physical offtake windows
- Execution and system capture of storage and transportation agreements
- Updates to physical volumes, aligned with contractual terms and delivery schedules
Amendment Validation
- Ensure accurate system reflection of operational and contractual amendments as agreed with counterparties
- Validate the application of triggered pricing events in close coordination with the pricing desk
Technical Qualifications
- Holder of a University Degree in Business, Law, Accounting or related
- 1-2 years’ experience (internships included) in commodity trading operations, middle office or trade support is highly desirable
- Experience with commodities such as metals, minerals, concentrates is a major advantage
- Understanding and familiarity with trading systems, contract lifecycle management and payment terms and pricing is a plus
Skills and Competencies
- Strong attention to detail with excellent organizational skills
- Ability to work collaboratively across departments in a fast-paced environment
- Ability to work under tight deadlines and within defined parameters
- Strong time management, prioritization, and organizational skills
- Effective verbal and written communication skills in English
- Ability to work within an international, multicultural environment
- Effective problem solver and able to proactively anticipate problems
- Self-motivated
- Able to provide suggestions for process improvements
Trade Support Analyst in City of London employer: Mercuria
Mercuria is an exceptional employer, offering a vibrant work culture in the heart of London, where innovation meets sustainability. As a Trade Support Analyst, you will thrive in a collaborative environment that values employee growth and development, with opportunities to engage in meaningful projects that contribute to the global energy transition. With a commitment to diversity and a focus on low carbon initiatives, Mercuria not only supports your career aspirations but also empowers you to make a positive impact on the world.
StudySmarter Expert Advice🤫
We think this is how you could land Trade Support Analyst in City of London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those working at Mercuria or similar companies. A friendly chat can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of commodity trading and the specific role of a Trade Support Analyst. We recommend practising common interview questions and scenarios related to trade support to show you're ready to hit the ground running.
✨Tip Number 3
Showcase your skills! During interviews, highlight your attention to detail and ability to work under pressure. Use examples from past experiences to demonstrate how you've successfully managed tight deadlines or resolved discrepancies.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining our team at Mercuria.
We think you need these skills to ace Trade Support Analyst in City of London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Trade Support Analyst role. Highlight relevant experience in commodity trading operations and any specific skills that match the job description. We want to see how your background aligns with 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 the role and how your skills can contribute to our Metals team. Keep it concise but engaging – we love a good story!
Showcase Your Attention to Detail:Since this role requires strong attention to detail, make sure your application is free from typos and errors. We appreciate candidates who take the time to present their best work, so double-check everything before hitting send!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us. Plus, it’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at Mercuria
✨Know Your Commodities
Make sure you brush up on your knowledge of commodities, especially metals, as this role is all about trade support in that area. Familiarise yourself with the latest trends and challenges in the market, as well as any recent news related to Mercuria's operations.
✨Showcase Your Attention to Detail
Since the role requires a strong attention to detail, prepare examples from your past experiences where you successfully managed complex data or reconciled discrepancies. Be ready to discuss how you ensure accuracy in your work, especially when under pressure.
✨Demonstrate Collaborative Skills
This position involves working closely with various departments. Think of instances where you've worked in a team to solve problems or improve processes. Highlight your ability to communicate effectively and collaborate across different functions.
✨Prepare for Technical Questions
Expect questions about trading systems and contract lifecycle management. Brush up on your technical knowledge and be prepared to discuss how you've used similar systems in the past. If you have experience with specific tools or software, make sure to mention that!
