Clear Risk Apprentice (London Metal Exchange)

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.

Training Outcome:
Permanent placement after the apprenticeship is not guaranteed however, there is a chance for it.

Employer Description:
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.

Working Hours :
Monday to Friday. Shifts to be confirmed.

Skills:
Communication skills,IT skills,Presentation skills,Good experience with Excel