Commodities Operations Analyst - Precious Metals

Job description

G MASS is seeking an Associate / Senior Analyst to join one of our Investment Banking clients within their Precious Metals Operations function. You will play a central role in supporting the settlement, reconciliation, and risk control processes underpinning the firm's precious metals business, acting as a key point of contact between trading desks and operations.

This role is based in London, and would be an initial 6-12 month contract.

Key Responsibilities: - Manage the end-to-end settlement process for precious metals transactions, including physical settlement and delivery of gold bullion, silver, platinum, and palladium. - Oversee trade reconciliations and cash settlements, ensuring accuracy and timeliness across the trade lifecycle. - Investigate and resolve discrepancies between trade details and confirmations, working closely with internal and external counterparties. - Serve as liaison between trading desks and operations, providing clear and timely updates on settlement status, issues, and priorities. - Utilise settlement systems and SWIFT messaging protocols to process and monitor precious metals transactions. - Apply comprehensive knowledge of precious metals markets, products, and settlement conventions to support day-to-day operations and problem resolution. - Contribute directly to the risk and control framework, identifying operating model gaps and supporting process improvement initiatives. - Collaborate closely with middle office, risk & control, and front office teams to ensure smooth operational delivery. - Maintain awareness of regulatory frameworks governing precious metals trading and settlement, ensuring adherence to relevant requirements. - Engage confidently with senior operations managers and front office stakeholders, including trading desk personnel, through clear communication and presentation of issues and solutions.

Requirements - 2-5+ years' experience in a commodity and/or operations role with substantial exposure to precious metals operations. - Comprehensive knowledge of precious metals markets, products, and settlement conventions, including physical settlement and delivery. - Settlement system experience along with familiarity with SWIFT messaging protocols. - Understanding of the regulatory frameworks governing precious metals trading and settlement. - Proven experience managing trade reconciliations and cash settlements. - Strong attention to detail with the ability to work accurately under pressure. - Excellent communication and presentation skills, with the confidence to engage senior stakeholders across operations and the front office.

Benefits

Salary: competitive salary

Length: Initial 6-12m contract