Clear Risk Apprentice (London Metal Exchange)
THE LONDON METAL EXCHANGE
London, EC2A 1AJ
Closes on Monday 11 November
Posted on 24 September 2024
Contents
Summary
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.
- Annual wage
- £27,497 a year
- Training course
- Investment operations specialist (level 4)
- Hours
-
Monday to Friday.
Shifts to be confirmed.
40 hours a week
- Possible start date
-
Monday 9 December
- Duration
-
1 Year 6 Months
- Positions available
-
1
Work
As an apprentice, you’ll work at a company and get hands-on experience. You’ll gain new skills and work alongside experienced staff.
What you’ll do at work
- 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.
- Develop the role and own capabilities and complete the CISI qualification.
Where you’ll work
10 Finsbury Square
London
EC2A 1AJ
Training
An apprenticeship includes regular training with a college or other training organisation. At least 20% of your working hours will be spent training or studying.
College or training organisation
BPP PROFESSIONAL EDUCATION LIMITED
Your training course
Investment operations specialist (level 4)
Equal to higher national certificate (HNC)
Course contents
Your training plan
More training information
BPP apprenticeship training programmes are delivered virtually by our fully qualified and industry-experienced training team. Using their expert knowledge, we’ve purposefully built our programmes around the real-world use of modern technology, so that the skills we create can be directly applied in the workplace.
Throughout the apprenticeship learners receive coaching, help and guidance from a dedicated team who are there to ensure they get the most from their work experience.
Requirements
Essential qualifications
GCSE in:
- GCSE's including English and Maths (grade (A*-C/9-4 or equivalent))
- Any 3 A levels (grade (A*-C/9-4))
Let the company know about other relevant qualifications and industry experience you have. They can adjust the apprenticeship to reflect what you already know.
Skills
- Communication skills
- IT skills
- Presentation skills
- Good experience with Excel
Other requirements
Knowledge of, or interest in analytical or financial maths/ statistics.
About this company
The London Metal Exchange is the world centre for industrial metals trading. Most of the world’s non-ferrous metals business is conducted on the LME and the metals community uses the LME, a member of HKEX Group, as a venue to transfer or take on price risk, as a physical market of last resort and as the provider of transparent global reference prices.
After this apprenticeship
- Permanent placement after the apprenticeship is not guaranteed however, there is a chance for it.
Ask a question
The contact for this apprenticeship is:
BPP PROFESSIONAL EDUCATION LIMITED
The reference code for this apprenticeship is VAC1000276060.
Apply now
Closes on Monday 11 November
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