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Insight Recruitment Junior Metals Operator 2021-07-09 14:48:39 2021-10-09
or call Matt Knowles on:
+44 (0)207 510 9600
Ref #: MK/MetalsOps
Location: London
Salary: £38,000 to £42,000 p.a. + Bonus & Benefits GBP
Type: Permanent

A global Metals Trading Company are seeking a Junior Metals Operator to join their dynamic London Trade Support team. The focus of the role is to provide a daily support for two overseas offices with regards to metal transfers, currently settlements, data reconciliation, etc. The secondary part of the role will be to provide support for the physical business (precious metals) as well as working on new business development projects.

DUTIES AND RESPONSIBILITIES

  • Arrange metal and currency settlements in accordance with company procedures within tight deadlines.
  • Administration and settlements of long-term contracts & processing financing
  • Following up on overdue payments and settle overdue payment if necessary.
  • Ensure efficient document workflow under company’s internal control procedures.
  • Investigate settlement queries with the Accounts Department and customers
  • Data entry/ data check
  • Daily USD / EUR and JPY Settlements
  • Report and account reconciliation (daily & monthly) - investigate problems where necessary.
  • Prepare and send invoices.
  • Maintain the filing system and archiving.
  • Maintain the customer database.
  • Liaise with customers/suppliers (direct or through branch offices/agents) by telephone/ e-mail/letter etc.
  • Maintain, monitor and extract information as required from the trading and accounting systems.
  • Trade Input into IT2 and data import
  • Trade input checking as part of EOD closing process.
  • FX reconciliations against metal trades
  • Be aware of leases maturing and assist the marketers with documentation and administration.
  • Basic support to front office trading
  • Assist with physical shipments/logistics.
  • Assist internal and external audit requests.
  • Carry out ad hoc departmental tasks as instructed by line manager as/ when required.
  • Collaborate with the external system vendor and internal IT Department for trouble shooting.
  • Fully understand all accounting requirements relevant to the transactions.
  • Troubleshoot internal and external issues and resolve such problems or claims with counter parties smoothly.

REQUIRED SKILLS AND QUALIFICATIONS

  • Good knowledge of PM market, settlements, deliveries
  • Basic understanding of the mechanics of Front Office trading
  • Strong PC skills for utilising current systems and adapting to new electronic ways of working.
  • Professional influencing and negotiation skills
  • Microsoft office skills to intermediate level (specifically Excel, Word, PowerPoint, Outlook)
  • Ability to work under pressure and to deadlines.

DESIRABLE

  • Experience of physical Precious Metals logistics
  • Possible Middle Office experience
  • IT knowledge of SAP/IT2/Trinity system, etc.
  • Experience of working in a multi-cultural environment.
  • SAP knowledge
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Ref #: MK/MetalsOps
Location: London
Salary: £38,000 to £42,000 p.a. + Bonus & Benefits
Type: Permanent

A global Metals Trading Company are seeking a Junior Metals Operator to join their dynamic London Trade Support team. The focus of the role is to provide a daily support for two overseas offices with regards to metal transfers, currently settlements, data reconciliation, etc. The secondary part of the role will be to provide support for the physical business (precious metals) as well as working on new business development projects.

DUTIES AND RESPONSIBILITIES

  • Arrange metal and currency settlements in accordance with company procedures within tight deadlines.
  • Administration and settlements of long-term contracts & processing financing
  • Following up on overdue payments and settle overdue payment if necessary.
  • Ensure efficient document workflow under company’s internal control procedures.
  • Investigate settlement queries with the Accounts Department and customers
  • Data entry/ data check
  • Daily USD / EUR and JPY Settlements
  • Report and account reconciliation (daily & monthly) - investigate problems where necessary.
  • Prepare and send invoices.
  • Maintain the filing system and archiving.
  • Maintain the customer database.
  • Liaise with customers/suppliers (direct or through branch offices/agents) by telephone/ e-mail/letter etc.
  • Maintain, monitor and extract information as required from the trading and accounting systems.
  • Trade Input into IT2 and data import
  • Trade input checking as part of EOD closing process.
  • FX reconciliations against metal trades
  • Be aware of leases maturing and assist the marketers with documentation and administration.
  • Basic support to front office trading
  • Assist with physical shipments/logistics.
  • Assist internal and external audit requests.
  • Carry out ad hoc departmental tasks as instructed by line manager as/ when required.
  • Collaborate with the external system vendor and internal IT Department for trouble shooting.
  • Fully understand all accounting requirements relevant to the transactions.
  • Troubleshoot internal and external issues and resolve such problems or claims with counter parties smoothly.

REQUIRED SKILLS AND QUALIFICATIONS

  • Good knowledge of PM market, settlements, deliveries
  • Basic understanding of the mechanics of Front Office trading
  • Strong PC skills for utilising current systems and adapting to new electronic ways of working.
  • Professional influencing and negotiation skills
  • Microsoft office skills to intermediate level (specifically Excel, Word, PowerPoint, Outlook)
  • Ability to work under pressure and to deadlines.

DESIRABLE

  • Experience of physical Precious Metals logistics
  • Possible Middle Office experience
  • IT knowledge of SAP/IT2/Trinity system, etc.
  • Experience of working in a multi-cultural environment.
  • SAP knowledge
Back to Jobs

  Apply Now

Upload Your CV:
or call Matt Knowles on:
+44 (0)207 510 9600