Clearing / Trading Apprentice
THE LONDON METAL EXCHANGE
London (EC2A 1AJ)
Closes in 11 days (Tuesday 25 August 2026 at 11:59pm)
Posted on 11 August 2026
Contents
Summary
IOS Level 4 with CISI IOC and Fitch Learning is a strong fit for trading roles, combining market knowledge, regulation and practical front-office skills with on-the-job learning.
- Wage
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£27,500 a year
- Training course
- Investment operations specialist (level 4)
- Hours
-
Duration and working hours - It will be 2-years fixed-term contract, 5-days a week, hours will depend on the area they will be in, could be general 9am - 6pm, but could be also shift work. Exact working days and hours TBC.
40 hours a week
- Start date
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Monday 19 October 2026
- Duration
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1 year 6 months
- Positions available
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4
Work
Most of your apprenticeship is spent working. You’ll learn on the job by getting hands-on experience.
What you'll do at work
What the apprentice will do at work:
The apprentice will rotate across Trading Operations, Market Surveillance, Clearing Services, Treasury Operations & Analytics, and Clearing Risk, gaining broad experience across LME and LME Clear.
They will support electronic trading supervision, reference price generation, and market monitoring to help ensure markets remain fair, transparent, and orderly. They will also assist with identifying unusual activity, drafting communications, and responding to stakeholder queries.
In Clearing Services and Treasury, the apprentice will help with trade capture, settlement, collateral movements, reconciliations, cash monitoring, payments, and reporting, while developing an understanding of clearing house and treasury operations.
In Clearing Risk, they will support the monitoring of member exposures, collateral, liquidity, and market risks, as well as assist with reporting, analysis, and process improvements.
Overall, the role offers practical experience across trading, surveillance, clearing, treasury, and risk, while building analytical, operational, technical, and professional skills.
Where you'll work
10 Finsbury Square
London
EC2A 1AJ
Training
Apprenticeships include time away from working for specialist training. You’ll study to gain professional knowledge and skills.
Training provider
FITCH LEARNING LIMITED
Training course
Investment operations specialist (level 4)
Understanding apprenticeship levels (opens in new tab)
What you'll learn
Course contents
- Maintains a consistently high standard of service internally, towards clients and with intermediaries. Adheres to well defined timeframes, systems and processes. Consistently attentive to accuracy, detail and timeliness; meets required risk, regulatory and governance requirements. Performs tasks which may be complex, specialised, or non-routine, such as bespoke (OTC) derivative settlement and margin calculations, monitoring and processing these complex transactions through to completion; Preparing management, investment performance or review reports for internal and external clients.
- Adopts high quality written and verbal communication skills as appropriate for communicating with internal and external clients. . Builds positive relationships with clients and colleagues using sound interpersonal and influencing skills. Able to coach/train less experienced colleagues. Able to communicate and negotiate complex situations and issues that may arise.
- Consistently supports colleagues and the wider business, collaborating to achieve results. Aware of their role within team, how their team fits within the business and how the team’s decisions impacts on others. Takes a leadership role in the team when appropriate. Operates well under time pressure.
- Takes ownership for delivery in their area of responsibility, both for the core role and for developing and implementing changes. Able to exercise autonomy and judgement within fairly broad parameters. Finds effective ways to resolve issues. Escalates decisions and issues when necessary. Capable of resolving complex issues that may involve other business areas.
- Proactively plans and records their own development; seeks constructive feedback and incorporates within development plan; keeps up to date with changes in all areas of the role; shows commitment to the job and the industry.
Training schedule
Investment Operations Specialist Level 4.
Apprentices will be rotating through different business areas in their first year (Trading Operations, Market Surveillance, Clearing Services, Treasury Operations & Analytics) and will be able to choose area they like to stay for another year. Fitch Learning will be delivering the training and support towards your apprenticeship and professional qualification, which is a mix between live teaching sessions, masterclasses and coaching/mentoring.
Requirements
Desirable qualifications
A Level in:
Share if you have other relevant qualifications and industry experience. The apprenticeship can be adjusted to reflect what you already know.
Skills
- Communication skills
- IT skills
- Attention to detail
- Organisation skills
- Customer care skills
- Problem solving skills
- Presentation skills
- Administrative skills
- Number skills
- Analytical skills
- Logical
- Team working
- Creative
- Initiative
- Non judgemental
- Patience
About this employer
The London Metal Exchange is the world centre for the trading of industrial metals – the majority of all non-ferrous metal futures business is transacted on our platforms.
Last year, 191 million lots were traded, equating to $21 trillion and 4 billion tonnes notional, with a market open interest high of 2.1 million lots.
A member of HKEX Group, the LME brings together participants from the physical industry and the financial community to create a robust and regulated market where there is always a buyer and a seller, where there is always a price and where there is always the opportunity to transfer or take on risk – 24 hours a day.
Investors value the LME as a vibrant futures exchange but also for its close links to industry. The possibility of physical delivery via the world-wide network of LME-approved warehouses makes it the perfect hedging venue for industry and provides a reference price they trust.
The Exchange provides producers and consumers of metal with a physical market of last resort and, most importantly, with the ability to hedge against the risk of rising and falling world metal prices.
It's what we've been doing since 1877.
Company benefits
Full access to company’s benefits and will be eligible for the bonuses.
After this apprenticeship
Your earnings can increase over time with an apprenticeship. Find out about potential future pay (opens in new tab).
Permanent placement is not guaranteed, however, in the past a lot of apprentices managed to secure a permanent placement at LME after their completed the programme.
Ask a question
The contact for this apprenticeship is:
FITCH LEARNING LIMITED
The reference code for this apprenticeship is VAC2000047622.
Apply now
Closes in 11 days (Tuesday 25 August 2026 at 11:59pm)