Lead Commodity Clearing & Risk Analyst

Richard James Recruitment Specialists Ltd; Greater London; On-site; GBP 70,000 - 110,000; Full time

Job summary

Richard James Recruitment Specialists Ltd is partnering with a global energy and commodity trading group to recruit a senior Commodity Clearing Analyst for the EMEA Financial Operations team in London. The role covers day-to-day clearing operations across multiple asset classes including oil derivatives, European Power & Gas, metals and FX, with involvement in projects and process improvements.

You will handle intra-day and EOD controls, broker and CCP reconciliations, and provide reporting on

Qualifications

• 5+ years in clearing operations within commodities.
• Experience with oil derivatives, European Power & Gas, and metals.
• Strong knowledge of CCPs, clearing brokers, and trade lifecycle.
• Familiarity with MiFID II reporting requirements.
• Ability to work independently and lead cross-team initiatives.

Responsibilities

• Complete intra-day and end-of-day controls to ensure trades feed to books.
• Manage broker rate agreements and broker setups.
• Respond to ad-hoc requests from Middle Office/desks.
• Perform exchange/CCP and broker reconciliations.
• Report futures expiries and assess expiry day risks.
• Review KPIs to resolve aged items.
• Highlight and escalate risks as needed.
• Collaborate with IT, Credit, Scheduling, Trading, MO, Trade Finance.
• Understand MiFID II requirements and monitor obligations.
• Present business cases for projects to senior management.
• Set up new entities on exchanges and clearing brokers.
• Transfer positions across clearing brokers/exchanges.

Skills

Clearing operations experience

Derivatives product knowledge

MiFID II knowledge

Risk system monitoring

Project ownership

Tools

Openlink/ENDUR

Amphora

ICE Credit Management

ICE Clearing Admin

Job description

Richard James Recruitment Specialists Ltd is partnering with a global energy and commodity trading group to recruit a senior Commodity Clearing Analyst for the EMEA Financial Operations team in London. The role covers day-to-day clearing operations across multiple asset classes including oil derivatives, European Power & Gas, metals and FX, with involvement in projects and process improvements.

You will handle intra-day and EOD controls, broker and CCP reconciliations, and provide reporting on