LME Floor Assistant Trainee

Job description

Environment

People join for the impact they can have on us. They stay for the impact we have on them. A flatter structure offers visibility and exposure beyond that of our competitors, so you know our names, and we know yours. It's personable, human, and inspires success through passion. By encouraging open mindedness and a willingness to share ideas, we have adapted to market changes and thrived through innovation. Bringing words like “hard work” and “dedication” together with “community” and “respect” has enabled us to work collaboratively and build our future together. We call this Team Spirit and it's what makes us different. It's what makes you different.

Mission

Description of the Business Line or Department

The Société Générale International Metals FI desk is mainly focused on Listed derivatives ( futures ) execution services on the London Metal Exchange combining a hybrid offering between Open Outcry + Electronic solutions.
Our business line enjoys a market leading status with our client base focused on Financial Institutions, CTA`s, Hedge funds, Asset Managers, Pension Funds and Large Corporates.

Summary Of The Key Purposes Of The Role

SGIL is an LME Open Outcry member so this role is mainly focused on being an LME Floor clerk during ring hours 11.30am to 6pm

Candidate needs to be able to work in an team environment
Demonstrate excellent numeracy skills and attention to detail
Able to work under pressure
Excellent computer & Excel skills so can easily adapt to the many SG systems working on jobs such as P&L reconciliation and Position reconciliation
Have an entrepreneurial spirit being able to think outside the box offering new ideas to the Floor team and ways to improve the business line.

Summary of Responsibilities

As an LME floor clerk during ring times writing on a trade blotter our trades and checking them after the ring with the other member in a timely and very accurate manner.
Using SG front office tools to check and report our intraday and End of day positions with the sales/traders making sure we are within our desk limits and if not accurate investigating the breaks.
On the LME floor helping to manage Second Ring close and Market on close (MOC) – amalgamation, placement, booking, recapping of orders/deals.

In the London office outside of ring times duties are :-
Reconciliation of previous day's business.
Compilation and reporting of daily breaks file.
Calculation and reporting of daily P&L figures.
Be outspoken and willing to help London desk staff with ad-hoc duties.

Desired profile

Profile

Competencies

• Work under pressure
• Analytical skills
• Team player
• Attention to detail
• Good organisational skills
• Social skills
• Flexible can do attitude

Work Experience

Relevant work experience in the Commodities Broker and Bank sector helps but not essential

Education

Undergrad degree helps but not essential

If you feel you have the required experience and qualifications, then please apply to the SG Resourcing Team, and we will manage your application. At Societe Generale, we believe our people are our strength and are core to the success of our business. As such, we search for, recruit and appoint the best available person on the basis of aptitude and ability, regardless of sex, marital or civil partnership status, race, colour, nationality, ethnic or national origins, pregnancy, disability, age, sexual orientation, religion, belief or gender reassignment.