LME Backoffice Operator

For an important commodity trading company based in Zug.

Tasks

Responsibilities

• Daily handling of metal and FX hedges including collection of physical pricings and preparation of daily hedge instructions; booking contractual pricings and futures trades into the system and maintaining/controlling London Metal Exchange (LME) positions
• Controlling of Price Risk Management accounts for other group companies by coordinating hedge orders positions and settlements with traffic people on a daily basis
• Reconciliation of the LME positions on a daily and monthly basis with the brokers and issuing daily clearing instructions
• Agreeing and settling Broker Difference Accounts
• Preparing monthly accounts for bookkeeping covering the review and check of the closing period issuing Difference Accounts for hedged contracts and agreeing profit and loss account with LME trader
• Summarising and distributing various LME statistics such as price forward curves and stock information

Requirements

Qualifications and requirements

• Solid educational background and a few years of work experience in an international as well as multicultural environment
• Strong IT skills / advanced knowledge of Excel
• Fluent in English (corporate language) any additional language is a benefit but not essential
• Holding a Swiss work permit or passport holder of CH / EU