Trade Support Analyst at Glencore

• Join us as a Trade Support Analyst in our Backoffice Trade Support team where you will be focused on monitoring and ensuring that the risk-reward balance within the business is clearly understood by senior management, and that the physical exposure, such as Listed Oil, Power Gas, and Carbon, is accurately valued. This role requires an individual who can offer strong support and maintain a proactive, clear communication style, working closely with the Trade Support Manager, Brokers, and Risk Management teams to ensure effective coordination and alignment.

GENERAL ACCOUNTABILITY:

• Broker recap/Commissions – Verifying/ reconcile Broker recaps and EOM Invoices for OTC Swaps/Options and Exchange Traded Futures.
• Bilateral Confirmations – Issuing and checking counterparty confirmations either electronically via E-confirm or Paper Confirmations.
• Internal Checks – Check Internal Futures and Swaps with Singapore/US along with intersystem activity.
• BFOET Partials – Issuing and checking Incoming Confirmations.
• EOM costs allocations – IM and Costs allocations to the desk.
• Ensure practices abide by internal guidelines and external regulations.
• Develop innovative ways to improve procedures.
• Respond to queries and issues raised by brokers.
• Liaise with line managers to ensure effective delivery of service and information.
• Provide basic trouble shooting and identify issues.
• Escalate incidents immediately when required.
• Produce daily, monthly and annual reports where required.
• Any other ad hoc duties that may be required from time to time.

KEY RELATIONSHIPS:

• Trade Support Manager.
• London Risk Managers.
• Senior Risk Management.
• Traders.
• Brokers.
• Counterparties

QUALIFICATION & SKILL REQUIREMENTS:

• Diploma in Finance, commerce, accounting etc. (NQF6)

Experience:

• Prior relevant work experience of 1 to 2 years’ is preferred.
• Trade experience is advantageous.
• Account reconciliation experience advantageous.
• Awareness of market and industry trends.
• Coding skills in VBA, Python advantageous.
• Computer literate MS Office. Strong Excel & PowerPoint skills.

Competencies:

• Multi-tasking and excellent management of time and priorities is essential.
• Strong verbal and written communication skills that work effectively within team and different audiences.
• Ability to understand others’ perspectives and relate complex ideas to different groups at all levels, including senior management.
• Good problem-solving and analytical skills.
• High level of attention to detail and data accuracy, ensuring analysis is focused on delivering practical business benefits, often in tight deadlines
• A strong customer focus and ability to work in a global, demanding environment.
• Ability to challenge proposals constructively to help ensure they are robust, whilst maintaining excellent working relationships.
• Demonstrated, well-developed judgment and problem-solving skills.
• Pro- active, committed and highly motivated.
• Ability to work independently.
• Ability to work well in a team.
• Need to be adaptable, flexible and entrepreneurial.
• Takes initiative and invest energy to resolve queries and take action as needed.
• Consistently demonstrates integrity and professionalism through adherence to company processes and standards