Senior Associate

hkex; Greater London; On-site; GBP 75,000 - 98,000; Full time

Job summary

HKEX, London, seeks a Senior Associate to support the Inter-Office Trading (IOT) team. The role involves assisting with non-standard prompt-date trades, maintaining compliance with LME Matching Rules, and delivering high-quality service across shift patterns in a fast-paced environment.

The successful candidate will report to the Manager - Inter-Office Trading, contribute to data analysis, risk reviews, and process improvements, while collaborating closely with Members and Clients within the UK

Qualifications

• GCSEs (Maths & English) at grade A-C preferred.
• A-level qualification is desirable.
• University degree is not mandatory; strong academic record with relevant experience is valued.

Responsibilities

• Provide comprehensive support across all aspects of the Inter-Office Trading service.
• Deliver active coverage across all team shift patterns to ensure seamless business continuity.
• Conduct risk-based and sample-based reviews of Member compliance with LME Matching Rules; monitor for venue misuse and MVT compliance; maintain audit trails and escalate exceptions.
• Perform data analysis to support operational efficiency and strategic decision-making.
• Apply understanding of Matching Rules to ensure accurate and timely trade processing.
• Maintain procedures and controls; update reference data to support trading accuracy and integrity.
• Participate in projects and testing to improve service reliability and performance.

Skills

Microsoft Office

Verbal & Written Communication

FIX protocol

Education

GCSEs including Maths & English

A-levels

University degree not mandatory

Tools

Microsoft Office Suite

Job description

Senior Associate

Shift Pattern

Standard 40 Hour Week (United Kingdom)

Scheduled Weekly Hours

40

Corporate Grade

D - Assistant Vice President

Reporting Line

(UK Division) Trading & COO

Location

UK-London

Worker Type

Permanent

About the London Metal Exchange and LME Clear:

The London Metal Exchange is the world centre for industrial metals trading. Most of the world's global non-ferrous futures business is conducted on the LME's three trading platforms totalling $18 trillion, 178 million lots and 4 billion tonnes with a market open interest high of 1.8 million lots in 2024. All trades are cleared and settled by LME Clear.

Participants can transfer or take on price risk against aluminium, copper, nickel, tin, zinc, lead, molybdenum, cobalt, lithium, steel scrap, rebar and hot-rolled coil as well as alumina, aluminium premiums and alloys.

The LME and LME Clear are HKEX Group companies.

www.lme.com

Overall Purpose of Role :

This role is part of our Inter-Office Trading (IOT) team. Inter-office trading on the LME is conducted between Members or between Members and their Clients, using telephone or electronic communication methods outside of LMEselect.

The inter-office market is a critical component of the LME ecosystem. It enables the execution of trades on non-standard prompt dates (i.e., dates outside the standard monthly dates and associated spreads), supports larger trade sizes, and provides liquidity to Clients who do not have direct access to the central market.

The successful candidate will report to the Manager - Inter-Office Trading and provide day-to-day support across the activities of the IOT team. This is a team-based, individual-contributor role with no line-management responsibilities. The role requires collaborative working, full coverage of the duties undertaken by the IOT team, and rotational ownership of specialist subject areas supporting the Inter-Office Trading Market Oversight function.

Responsibilities:

• Provide comprehensive support across all aspects of the Inter-Office Trading service
• Deliver active coverage across all team shift patterns to ensure seamless business continuity
• Maintain a primary focus on the Inter-Office Trading Market Oversight function, including conducting risk-based and sample-based reviews of Member compliance with the LME Matching Rules; monitoring for potential venue misuse and compliance with Minimum Volume Threshold (MVT) requirements for Block trades; gathering and retaining supporting evidence; maintaining a clear audit trail; challenging Members and completing follow-up activity; escalating exceptions or potential breaches; and producing trend analysis and management information
• Conduct detailed data analysis to support both operational efficiency and strategic decision-making
• Apply a thorough understanding of Matching Rules to ensure accurate and timely trade processing
• Proactively manage time-sensitive issues to maintain high standards of customer service
• Maintain procedures, controls, audit records and operational documentation to ensure accuracy, completeness and compliance
• Perform timely updates to reference data to support trading accuracy and integrity
• Participate in projects and working groups to contribute to service enhancements and innovation
• Support application testing to ensure system reliability, performance, and user readiness

PERSON SPECIFICATION:

Academic and Professional Qualifications Required:

• A good level of academic achievement is required, with GCSE passes ideally at grades A-C (including Maths and English)
• Candidates should be of A-level calibre
• A university degree is not mandatory; however, successful candidates will be expected to demonstrate strong general academic performance combined with relevant experience for the role

Required Knowledge and Level of Experience:

• Previous exposure to LME Matching is preferred; however, candidates without direct Matching experience may be considered based on the relevance and strength of their overall background
• A solid track record in a similar role is essential
• Strong general computer literacy is required, with proficiency in standard Microsoft Office applications (e.g., Excel, Outlook, Word, PowerPoint)

Skills set and Core Competencies Required for Role:

• Practical experience using the Microsoft Office Suite
• Strong verbal and written communication skills
• Knowledge of FIX protocol is beneficial but not essential

Personal Qualities:

Personal Qualities Required for Success in This Role:

• Demonstrates composure, dependability, calmness, persistence, and a methodical approach
• Maintains accuracy, precision, and disciplined control in all tasks
• Possesses an amiable and easy-going nature, fostering a positive team environment
• Applies a systematic and logical approach to problem-solving
• Builds strong relationships with colleagues and contributes as a flexible team player
• Shows a keen ability to learn quickly and adapt to new challenges
• Exhibits strong interper