Clearing / Trading Apprentice

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.

Training:

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. 

Training Outcome:

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.

Employer Description:

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.

Working 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.

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