Logo of Huzzle

Home

Matches

Explore

Manage

Trade Support Specialist - Commodities

image

Millennium

15d ago

  • Job
    Full-time
    Mid Level
  • Business, Operations & Strategy
    Banking & Finance
  • London

AI generated summary

  • You need 3+ years in Commodities, trade life-cycle knowledge, multitasking in fast-paced environments, strong attention to detail, accountability, and excellent communication skills.
  • You will manage trade controls, handle stakeholder queries, streamline processes, resolve trade exceptions, perform reconciliations, assess risks, and escalate operational issues as needed.

Requirements

  • 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.

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.

FAQs

What is the primary focus of the role of Commodities Trade Support Specialist?

The primary focus of the role is to provide frontline support to Commodity Portfolio Managers and other internal teams, resolving trade breaks, assisting with position management, and investigating risk/PnL queries.

Where is the Commodities Trade Support Specialist position located?

The position is located in London, United Kingdom.

What experience is required for this role?

A minimum of 3+ years of experience with Commodities products and functions is required.

What types of products will the Specialist be dealing with?

The Specialist will be involved with a wide range of commodity products across various exchanges and Prime Brokers.

How does the role involve collaboration with other teams?

The role involves collaboration with Commodities portfolio managers, internal teams, and onshore/offshore counterparts to automate processes, resolve trade exceptions, and enhance trade capture efficiency.

What kind of tasks will the Specialist be responsible for managing?

The Specialist will manage trade, cash, and position controls for Commodity products, monitor and clear trade exceptions, and perform T+1 reconciliation.

What skills are necessary for success in this role?

Necessary skills include the ability to prioritize tasks in a fast-paced environment, in-depth knowledge of Commodity products, strong attention to detail, and effective communication and interpersonal skills.

Will the Specialist need to interact with senior stakeholders?

Yes, the Specialist will engage in daily interactions with senior stakeholders and must possess strong communication skills for these interactions.

Is there a focus on improving processes in this role?

Yes, there is a significant focus on identifying risks, proposing process and control improvements, and designing support models for new products as well as enhancements to existing platforms.

What is the nature of the work environment for this role?

The work environment is dynamic and fast-paced, requiring the ability to balance autonomous work and team collaboration while managing project deliveries alongside business-as-usual tasks.

image

Millennium

Finance
Industry
1001-5000
Employees
1989
Founded Year

Mission & Purpose

Millennium is a global alternative investment management firm, founded in 1989, which manages $58.9 billion in assets. We seek to pursue a diverse array of investment strategies across industry sectors, asset classes, and geographies. Our four primary strategies are RV Fundamental Equity, Equities Arbitrage, Fixed Income Strategies, and Quantitative Strategies. Millennium was founded on the belief that innovation and results come from empowering talented, independent-minded individuals. To us, success is the combination of drive and discipline.