LME Clear Risk Apprentice

London Metal Exchange, City of Westminster

LME Clear Risk Apprentice

Salary not available. View on company website.

London Metal Exchange, City of Westminster

  • Full time
  • U
  • Onsite working
  • Apprenticeship programme

Posted today, 27 Nov | Get your application in now to be one of the first to apply.

Closing date: Closing date not specified

job Ref: 47e447424f87457ab4f58a0ade5785dd

Full Job Description

LME Group is offering a two-year apprenticeship which aims to provide a comprehensive program for the incumbent to develop skills for a future role in global financial/ commodity markets. The role is primarily task and reporting orientated as well as supporting and providing analytical review to all applicable risk practices. The Risk Apprentice will develop skills and technical capabilities within the wider Risk department assisting in the daily reporting, monitoring and control of member cleared positions, collateral, liquidity risk and investment. The Risk Apprentice will have the opportunity to face off to senior management and build their network and promote LME Clear Risk and the wider LME Group and HKEx brand. The Risk Apprentice will have the access to risk team members with expertise in specialist disciplines including market, liquidity, collateral and quantitative risk to learn and develop from.,

  • Assist in the daily reporting and monitoring of the LME metals and Collateral markets and measuring the risk exposure of member and counterparty portfolios. To aid the wider team in improvements to daily processes
  • Proactively identify, report and ensure transparency of risks, immediate escalation of material issues to line/ senior management.
  • Support team members and develop the skills to aid with automation of risk reporting and analysis
  • Review documentation of risk methodologies and provide comment on accuracy document versus daily practices
  • Monitor member cleared exposures and requirements & investment counterpart exposures versus limits and policy - escalate where appropriate.
  • Monitor external/ macro market risks and potential impact to the collateral, liquidity and investment limit frameworks and policies.
  • Monitor metals market risks and potential impact to margin parameters and members' exposures
  • Preparation of daily, monthly and all committee reports - implement improvements and automation where possible.
  • Assist with documentation of risk reporting procedures and ensure in line with models and methodology documentation.
  • Assist with reporting development needs and enhance within model implementation process.
  • Help to ensure default management capabilities are sufficient to manage a default in line with LME Clear regulations.

    We have collaborated with BPP to offer full time paid employment and to assist the successful candidate to obtain qualifications from the Chartered Institute for Securities and Investments (CISI). The Apprenticeship scheme will introduce the fundamentals of Financial Services and will provide candidates with the basic knowledge required for working within the financial markets and commodities sector.

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