At a Glance
- Tasks: Support Commodity Portfolio Managers by resolving trade issues and managing positions.
- Company: Join a leading firm in the commodities sector with a global presence.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and collaboration.
- Why this job: Be part of a team that drives innovation and efficiency in commodity trading.
- Qualifications: 3+ years in commodities; strong communication and multitasking skills required.
- Other info: Work closely with teams across EMEA, US, and Asia for a truly global experience.
The predicted salary is between 48000 - 72000 £ per year.
Trade Support Specialist – Commodities
Job Description: Commodities Trade Support Specialist (EMEA region)
General Information
- Hiring Department/Group:Commodities Operations and Middle Office
- Job Title: Commodities Trade Support Specialist
- Office Location:London, United Kingdom
Job Function Summary
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 MO and Ops 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.
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Trade Support Specialist - Commodities employer: Millennium
Contact Detail:
Millennium Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Trade Support Specialist - Commodities
✨Tip Number 1
Familiarize yourself with the specific commodities products that the company deals with. Understanding the trade life-cycle and mechanics of these products will give you a significant edge during interviews.
✨Tip Number 2
Network with professionals in the commodities sector, especially those who work in trade support or middle office roles. Engaging with them can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Stay updated on current trends and news in the commodities market. Being knowledgeable about recent developments can help you demonstrate your passion and commitment to the field during discussions.
✨Tip Number 4
Prepare to discuss how you would handle trade exceptions and operational risks. Having concrete examples from your past experience will showcase your problem-solving skills and readiness for the role.
We think you need these skills to ace Trade Support Specialist - Commodities
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Trade Support Specialist position. Understand the key responsibilities and required skills, especially those related to commodities products and trade life-cycle.
Highlight Relevant Experience: In your CV and cover letter, emphasize your 3+ years of experience with commodities products. Provide specific examples of how you've managed trade, cash, and position controls in previous roles.
Showcase Communication Skills: Since the role involves daily interactions with senior stakeholders, highlight your strong communication and interpersonal skills. Mention any relevant experiences where you successfully collaborated with teams or resolved complex queries.
Tailor Your Application: Customize your application materials to reflect the specific requirements of the job. Use keywords from the job description, such as 'trade breaks', 'position management', and 'operational risk', to demonstrate your fit for the role.
How to prepare for a job interview at Millennium
✨Show Your Commodity Knowledge
Make sure to brush up on your understanding of commodity products and their trade life-cycle. Be prepared to discuss specific examples from your experience that demonstrate your expertise in this area.
✨Demonstrate Problem-Solving Skills
Since the role involves resolving trade breaks and managing exceptions, be ready to share instances where you've successfully identified and solved similar issues. Highlight your analytical skills and attention to detail.
✨Emphasize Team Collaboration
This position requires working closely with various teams. Share experiences where you collaborated effectively with others, especially in high-pressure situations, to achieve a common goal.
✨Prepare for Stakeholder Interaction
Given the need for strong communication skills, think of examples where you've interacted with senior stakeholders. Practice articulating your thoughts clearly and confidently, as this will be crucial during the interview.