Commodity Settlements & Clearing Analyst

Commodity Settlements & Clearing Analyst

About the Job

The Operations department is responsible for ensuring the complete end-to-end processing of the Bank's transactions and services. They are responsible for ensuring that the appropriate control framework exists to ensure the accuracy of this processing as well as the recording of this in the Bank's books and records. Operations are also responsible for the accurate and timely reporting of the Bank's transactions to multiple regulatory stakeholders globally.

The Operations department performs the following functions :

• Trade Support
• Financial Commodity Operations
• Physical Commodity Operations
• LME Trade Clearing Services
• Clearing and Vaulting Services
• Structured and Banking Products support
• Facilitation of trade finance and documentary credit products
• Confirmations
• Payments Sanctions Screening
• Collateral Management
• Clearing Operations
• Operations Control Balance sheet substantiation Nostro production and reconciliations Risk and control oversight and monitoring
• FIC Settlements
• Regulatory Operations
• Cash, Interest Claims and Nostro management
• Brokerage Services
• FX, money market, NDF and OTC derivative settlements
• OTC derivatives and securities confirmations

What you'll be doing

To perform the functions within the Commodity Settlements & Clearing team within Commodity Operations.

The Commodity Settlements & Clearing team's responsibilities include :

This role will be part of a team providing the operational support to the Metals trading regions including London, Singapore and New York and will settle and reconcile all metals transactions booked on the Plc balance sheet. The role requires strong focus and knowledge of the controls that we rely on to facilitate the settlement of our complete suite of metals products.

The role requires detailed two-way communication both to understand the requirements of the front office and clients / counterparties and to ensure that at all times we are keeping operational risk to a minimum. The candidate should be professional at all times, work well within a team, show initiative and be proactive.

Key Responsibilities

What you'll need to be successful

Preferred Qualifications and Experience

Preferred qualifications :

Experience required to successfully performing the role :

Knowledge, technical skills and expertise :

Personal attributes :

The role would suit someone who :

Why should you join us?

ICBC Standard Bank Plc (ICBCS) is a leading financial markets and commodities bank, driven to deliver the right outcomes for our stakeholders, clients, counterparties and markets. We benefit from a unique Chinese and African parentage and an unrivalled global network and expertise. We're headquartered in London, with operations in Shanghai, Singapore and New York.

We're a diverse and close-knit global team. We put people first, giving talented, self-driven professionals the flexibility, rewards and freedom to grow their expertise and realise their potential.

Our vison statement, "Be Yourself, Succeed Together" underpins our drive for an open and transparent culture which values difference, enabling everyone to thrive whilst being themselves. We have an active E, D&I forum and we're growing other employee network groups, including for women and neurodiversity.

We're committed to the principle of equal opportunities. All applicants will be treated equally and will be considered on their merits and skills without discrimination.

What's in it for you?

If you're excited about becoming part of our team, get in touch. We'd love to hear from you!

ICBCS has appointed Robert Walters Outsourcing (RWO) to manage its recruitment process and Preferred Supplier List (PSL). Unsolicited CVs sent directly to ICBCS or its staff from non-PSL agencies will not be accepted and no fees will be paid for such submissions.