At a Glance
- Tasks: Support Commodity Portfolio Managers and resolve trade issues in a fast-paced environment.
- Company: Dynamic firm in London with a focus on commodities trading.
- Benefits: Competitive salary, career growth, and collaborative team culture.
- Other info: Exciting opportunities for professional development and innovation.
- Why this job: Join a global team and make an impact in the commodities market.
- Qualifications: 3+ years in commodities, strong communication skills, and attention to detail.
The predicted salary is between 55000 - 70000 € per year.
The Commodities Trade Support Specialist 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 in London employer: Millennium
As a Commodities Trade Support Specialist in London, you will thrive in a dynamic and collaborative work environment that prioritises employee growth and innovation. Our company offers competitive benefits, a strong focus on professional development, and the opportunity to engage with global teams, ensuring that you are well-equipped to contribute to our expanding business initiatives. Join us to be part of a forward-thinking organisation that values your expertise and fosters a culture of excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Commodities Trade Support Specialist in London
✨Tip Number 1
Network like a pro! Reach out to folks in the commodities space 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
Don’t just wait for job postings; be proactive! Check our website regularly and apply directly. It shows initiative and can give you an edge over other candidates.
✨Tip Number 4
Follow up after interviews with a thank-you note. It’s a simple gesture that keeps you fresh in their minds and shows your enthusiasm for the role!
We think you need these skills to ace Commodities Trade Support Specialist in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Commodities Trade Support Specialist role. Highlight your experience with commodities products and any relevant 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 team. Don’t forget to mention specific experiences that demonstrate your ability to handle trade breaks and support portfolio managers.
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 love candidates who can articulate their thoughts clearly and collaborate effectively with others.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing applications come directly from our site!
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 commodities and their market dynamics will show that you're not just familiar with the role, but genuinely interested in the field.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific trade breaks or risk queries. Think through potential scenarios and how you would resolve them, as this will demonstrate your problem-solving skills and ability to think on your feet.
✨Showcase Your Communication Skills
Since the role involves daily interactions with senior stakeholders, practice articulating your thoughts clearly and confidently. You might want to prepare examples of past experiences where effective communication made a difference in resolving issues.
✨Highlight Your Team Collaboration Experience
This position requires balancing autonomous work with team collaboration. Be ready to share examples of how you've successfully worked within a team to achieve goals, especially in fast-paced environments. This will illustrate your ability to thrive in a dynamic setting.
