Manage all aspects of a growing physical and derivative Commodities business, including trade validation, maintenance, affirmation, settlement and reconciliation.
Validate process and settle all periodic events to ensure the integrity of the entire trade life cycle.
Perform position and cash reconciliations
Perform trade affirmation in multiple systems (depending on asset type) with counterparties to minimize risk.
Monitoring T+0 trade capture exceptions.
Processing option assignments and expiries.
Onboarding new trading counterparties and exchanges
Required Qualifications
4+ years in Commodities back office experience covering trade processing, collateral, confirmations, settlements, cash, position and trade reconciliations.
Demonstrate proficiency in all types of Commodities, including:
Futures and Options on exchange
Future lookalike (swaps) and other OTC products
OTC products traded bilaterally with physical players
Paper-like physical ownership, such as Warrants, Pool Accounts, Carbon Certificates etc
Physical ownership of Commodities (Base, Precious and/or Metal Concentrates is a plus)
Demonstrate proficiency in all calculations used to support any products in your asset class coverage.
Understand the importance of our team concept. Establish long-lasting organizational relationships that will foster a productive work environment.
Demonstrate proficiency in written and oral communication skills.
Working on system and process improvements, and new business initiatives
Understand the relevant technology and applications that are required to excel in the role.