LME Operations Analyst
We are looking to recruit an experience LME Operations Analyst, to work in a team, covering the desk between 7am to 7pm on a shift basis.
You will be responsible for trade input into the in house system, matching of LME trades into the LME Smart system, monitoring LME Clear for intra day margin calls.
Performing daily and periodic reconciliations of LME clear positions and margins, bank accounts, foreign exchange trades, bullion trades and positions, opval options trading
Generating & submitting Trade Reporting details to Trade repository
Managing & processing daily cash payments & receipts, identifying and instructing borrowing requirements, loan repayments and/or overnight deposits
Distributing overnight reports, when covering early shift
Managing & processing warrant movements in LMESword & Cortex and managing physical delivery of warrants to London Warehouse Agents
Generating Bullion transfer instructions
Monitoring Dealers positions - compiling report for signoff of dealers positions versus predefined trading limits
Identifying and processing OTC bring-ons
Monitoring & Processing Option declaration & assignments
Inputting & checking of manually generated accounts vouchers
Other ad hoc tasks
Once fully trained you will work unsupervised and use initiative particularly when covering the early and late shifts on own. Responsibilities will be rotated around all 3 team members.
The 3 Operations Analysts work on a rotating shift basis and take it in turns to do matching at the LME. The ideal candidates will have previous LME experience via a Category 1 or 2 ring trader