At a Glance
- Tasks: Support Commodity Portfolio Managers and resolve trade issues in a dynamic environment.
- Company: Join a leading firm in the commodities sector with a global presence.
- Benefits: Gain valuable experience, competitive pay, and opportunities for professional growth.
- Other info: Fast-paced role with opportunities to innovate and improve existing processes.
- Why this job: Make an impact by enhancing trade processes and collaborating with diverse teams.
- Qualifications: 3+ years in commodities, strong communication skills, and a detail-oriented mindset.
The predicted salary is between 50000 - 60000 £ per year.
This is a 12 month fixed term contract role in the Commodities Trade Support team. You will be responsible for providing frontline support to our Commodity Portfolio Managers and other internal teams, resolving trade breaks, assisting with position management, and investigating risk/PnL queries. The role encompasses responsibilities across a wide range of commodity products, exchanges, and Prime Brokers. Utilizing the firm’s global footprint, you will work closely with the wider Operations and Middle Office teams in the US and Asia, as well as engage in daily interactions with Technology and the Business. There is a particular focus on growing the business – applying knowledge, experience, and expertise to design support models for new products as well as enhancements to our existing platform.
Principal Responsibilities
- Manage trade, cash, and position controls for Commodity products.
- Serve as the primary contact for ad‑hoc queries from stakeholders (Portfolio Managers, Technology, Operations teams, external parties).
- Collaborate with Commodities portfolio managers and internal teams to automate and streamline processes, reducing operational risk and enhancing trade capture efficiency.
- Ensure the Middle Office delivers timely, high‑quality service to stakeholders, supporting evolving business initiatives.
- Monitor and clear trade exceptions from new executions promptly.
- Work with onshore/offshore teams and counterparties to resolve economic breaks across all Commodities products.
- Perform T+1 reconciliation and address previous day issues promptly, keeping impacted parties informed.
- Identify, assess, and document risks, proposing process and control improvements.
- Escalate process failures or potential issues that could affect P & L to your manager, Operational Risk, and the wider management team.
Qualifications/Skills Required
- 3+ years experience with Commodities products and functions.
- Ability to prioritize multiple tasks in a fast‑paced, dynamic environment with a high sense of urgency.
- In‑depth knowledge of Commodity products, including trade life‑cycle and mechanics.
- Ability to balance autonomous work with team collaboration, managing project deliveries alongside BAU tasks.
- Quick learner with strong attention to detail.
- Demonstrated accountability and responsibility for task completion.
- Strong communication and interpersonal skills for daily interaction with senior stakeholders.
Commodities Trade Support Specialist (12 Month Fixed Term Contract) in London employer: Millennium
Contact Detail:
Millennium Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commodities Trade Support Specialist (12 Month Fixed Term Contract) in London
✨Tip Number 1
Network like a pro! Reach out to people in the commodities sector on LinkedIn or at industry events. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of commodity products and trade life-cycles. We want you to show off your expertise and how you can add value to the team!
✨Tip Number 3
Practice your problem-solving skills! Be ready to tackle hypothetical scenarios related to trade breaks or risk queries during interviews. Show us how you think on your feet!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive!
We think you need these skills to ace Commodities Trade Support Specialist (12 Month Fixed Term Contract) in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience with commodities products and trade support. We want to see how your skills align with the role, so don’t be shy about showcasing relevant projects or achievements!
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 background makes you a perfect fit for our team. Keep it engaging and personal – we love to see your personality!
Showcase Your Communication Skills: Since this role involves daily interactions with various stakeholders, make sure to highlight your strong communication skills in your application. We want to know how you’ve effectively collaborated in past roles!
Apply Through Our Website: We encourage you to apply directly 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 Millennium
✨Know Your Commodities
Make sure you brush up on your knowledge of various commodity products and their trade life-cycles. Being able to discuss specific examples and demonstrate your understanding will show that you're not just familiar with the terms, but that you can apply this knowledge in real-world scenarios.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific trade breaks or risk queries. Think through potential scenarios and prepare your responses. This will help you showcase your problem-solving skills and ability to work under pressure, which are crucial for this role.
✨Highlight Your Collaboration Skills
Since the role involves working closely with various teams, be ready to share examples of how you've successfully collaborated in the past. Discuss any experiences where you automated processes or improved efficiency, as this aligns well with the job's focus on enhancing trade capture.
✨Ask Insightful Questions
At the end of the interview, don’t shy away from asking questions. Inquire about the team dynamics, ongoing projects, or how they measure success in the role. This shows your genuine interest in the position and helps you gauge if it’s the right fit for you.