REGISTER CV 01245 345598 / 07713 632 870 kdiss@matchpointrecruitment.co.uk

Operations Coordinator

Product:
Salary: £40K - £45K

Overview

Our client, an International Commodity Trading house is seeking an experienced Operations Coordinator, reporting to the Operations Manager

The Operations Coordinator works as part of a team to support Front office & back office. The are responsible for ensuring all transactions are processed, booked & fulfilled. Responsible for reporting and investigating breaches and liaising with other group companies.

Background and Experience Required

  • Bachelor’s degree in Finance, Economics, Business Administration or related discipline.
  • 2+ years of progressive experience in a trading back office or fast-paced financial services environment preferred.
  • Basic general understanding of trading operations e.g. hedging, futures and spot trading.
  • Good numerical and analytical skills combined with attention to details.
  • Working knowledge of / familiarity with international regulations and laws on value-added taxation.
  • Proficiency in the Microsoft suite of applications – focus on Excel, PowerPoint and Vision.
  • Communicate effectively – both verbal and written

Responsibilities

Processing of Trades

  • Verify All trade entry booked by trading into Trinity trading system and ensure accuracy of same.
  • Ensure that all trade confirmations are received from/sent to counterparties within the prescribed timeframe.
  • Ensure all life cycle events through the system have been completed.
  • Investigate all queries from customers, cross functions and globally.
  • Support commercial team transactions.
  • Work with trading, commercial and credit to ensure credit lines are adhered to.
  • Support business with analysis where required.

Metal Movements / Shipping and Reconciliation

  • Clear daily commitments within designated cut off time.
  • Reconcile closing metal positions with financial institutions.
  • Affect daily depository commitments, monitor forward positions.
  • Record internal / external metal movements accurately and timely on the pool accounts.
  • Reconcile all stock positions and clear discrepancies.
  • Co-Ordinate physical shipments in a timely fashion, log deliveries and provide data for REACH reporting.
  • Ensure daily stock positions are accurate and communicate inconsistencies to trading team immediately.

Monitoring of Contracts

  • Be aware of and comply with contractual obligations regarding pricing, delivery, payment, etc.
  • Prepare management summaries.
  • Identify, report and deal with discrepancies.

Compliance

  • Ensure that a robust system of internal controls exists to satisfy internal, year-end, Financial Reporting Compliance (FRC) audits and EMIR/FCA regulations in a timely manner, including an update of Process Controls as and when required.
  • Follow guidelines relating to REACH.
  • Ensure that guidelines are properly implemented and that requirements are fulfilled in a timely manner.

Value-Added Tax

  • Process and record VAT properly.
  • Liaise with VAT authorities and internal departments to ensure compliance.

Application

To apply for this position please fill out the on page form and click the Apply button.

Alternatively email us with your CV and the Job details that you wish to apply for

Share this Job: