We are looking for an Operations/Letter of Credit Analyst to join a Global Commodities Trading Business in Central London. This is an excellent opportunity to be part of a dynamic and creative team!
The operations team manages the reconciliation, confirmation and settlement of commodity products within the business. Working with the logistics team and traders, operations ensure that risk is captured accurately, and the full life cycle of the trade is supported effectively.
As the business continues to expand and grow, we are looking for a Letter of Credit Analyst to join the operations team. This role will complement the responsibilities of the other team members and work as part of the team to achieve all the Operation group’s objectives.
Principal responsibilities include:
Negotiating LC documentation and reviewing associated shipping documents
Liaising with Trading/Logistics team to resolve queries and discrepancies
Negotiating LC rates and charges with banks and clients
Monitoring and updating daily reporting via internal risk system
Documenting processes and procedures
We are looking for a self-motivated candidate in commodities operations.
Ideally a graduate with minimum upper second-class honours in a related subject degree (e.g. business, mathematics or accounting).
The successful candidate will have experience in commodities (metals/grains/coal/gas/power).
Must be able work both in a team and remotely on their own, be organised, efficient and possess strong interpersonal skills with the ability to communicate globally at all levels.
A strong proactive work ethic with a desire to drive tasks to completion is also required, along with a strong attention to
A strong interest in technology and technology based solutions is also important.