Job Detail

Commodity Settlements & Clearing Senior Analyst

Others Full–time
ID: #8048
Posted: 2026-03-19
Salary

Description

Commodity Settlements & Clearing Senior Analyst Job Summary The Operations department is responsible for ensuring the complete end-to-end processing of the Bank's transactions and services. They are responsible for ensuring that the appropriate control framework exists to ensure the accuracy of this processing as well as the recording of this in the Bank's books and records. Operations are also responsible for the accurate and timely reporting of the Bank's transactions to multiple regulatory stakeholders globally. The Commodity Settlements & Clearing team's responsibilities include: • Precious Metal Settlements • Cash settlements • Cash reconciliations • Agreement of netting and settlement mechanics with clients • Clearing (Loco London and Zurich) • Daily house and client settlement management • Daily LPMCL management including allocations, calls and brokers • Precious Metal confirmations This role will be part of a team providing the operational support to the Metals trading regions including London, Singapore and New York and will settle and reconcile all metals transactions booked on the Plc balance sheet. The role requires strong focus and knowledge of the controls that we rely on to facilitate the settlement of our complete suite of metals products. The role requires detailed two-way communication both to understand the requirements of the front office and clients/counterparties and to always ensure that we are keeping operational risk to a minimum. The candidate should always be professional, work well within a team, show initiative and be proactive. Key Responsibilities • Ensuring all tasks have appropriate procedures and controls • Ensuring all tasks are completed in a timely and accurate manner Seeking efficient solutions to the tasks performed by the team • Ensuring adherence to all relevant Bank standards and policies. • Ensuring that the service provided by the team is delivered to an excellent standard. • Ensuring that Commodity Settlements & Clearing team works collaboratively and effectively with other Operations teams in all global locations to enable excellent service to be delivered by the Operations department to internal and external clients. • Working collaboratively with Technology colleagues to ensure that systems relied on by Commodity Settlements & Clearing are fit for purpose and where enhancements are required they are ratified and appropriately prioritised. • Working collaboratively with Operations Control on risk management and control enhancements • Proactively and promptly managing any risk incidents that relate to or impact the team • Promoting diversity, challenge and teamwork within Commodity Settlements & Clearing • Role modelling the Bank's values and promoting those values within the Operations department. • Promoting integrity and openness across the Operations Team and in its client and stakeholder service. • Supporting integration initiatives between the Operations department and ICBC head office / other ICBC entities. • Willingly participating in Operations and Bank-wide initiatives • Issuance, matching and dispute resolution of precious metal confirmations Preferred Qualifications and Experience • Degree qualified • Experience of working in a regulated environment, ideally Financial Services • Experience within clearing and vaulting commodity operations • Business knowledge clearing and vaulting • Understanding of LBMA and ideally international markets • Understanding of risk and control • Banking knowledge • Knowledge of emerging markets • IT skills Why should you join us? ICBC Standard Bank Plc (ICBCS) is a leading financial markets and commodities bank, driven to deliver the right outcomes for our stakeholders, clients, counterparties and markets. We benefit from a unique Chinese and African parentage and an unrivalled global network and expertise. We're headquartered in London, with operations in Shanghai, Singapore and New York. We're a diverse and close-knit global team. We put people first, giving talented, self-driven professionals the flexibility, rewards and freedom to grow their expertise and realise their potential. Our vison statement, "Be Yourself, Succeed Together" underpins our drive for an open and transparent culture which values difference, enabling everyone to thrive whilst being themselves. We have an active E, D&I forum and we're growing other employee network groups, including for women and neurodiversity. We're committed to the principle of equal opportunities. All applicants will be treated equally and will be considered on their merits and skills without discrimination. What's in it for you? • Financial market-based pay based on skills and experience, discretionary annual bonus, pension contribution 10% (employee contribution 5%), travel insurance, life assurance and income replacement insurance. • Hybrid working the option to work remotely up to two days per week, depending on the role. • Family - 6 months fully paid maternity leave and enhanced shared parental leave. Coaching for family leave returners and access to emergency care via My Family Care. Miscarriage and menopause policies. • Wellbeing - private medical insurance, Bike2Work scheme, health and fitness subsidy, holiday exchange and an Employee Assistance Programme. • Community paid volunteering leave and Give As You Earn scheme. Vibrant CSR and engagement forums and fundraising for our charity partners. • Development a suite of opportunities to build the skills you need to excel in your role If you're excited about becoming part of our team, get in touch. We'd love to hear from you! ICBCS has appointed Robert Walters Outsourcing (RWO) to manage its recruitment process and Preferred Supplier List (PSL). Unsolicited CVs sent directly to ICBCS or its staff from non-PSL agencies will not be accepted and no fees will be paid for such submissions.

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Query Country Status Response ms Created
Commodity Settlements & Clearing Senior Analyst fallback 408 2026-03-21 20:32
junior reporting analyst in London gb processed 20659 2026-03-21 16:29
Raw JSON
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Vibrant CSR and engagement forums and fundraising for our charity partners.\n• Development a suite of opportunities to build the skills you need to excel in your role\n\nIf you're excited about becoming part of our team, get in touch. We'd love to hear from you!\n\nICBCS has appointed Robert Walters Outsourcing (RWO) to manage its recruitment process and Preferred Supplier List (PSL). Unsolicited CVs sent directly to ICBCS or its staff from non-PSL agencies will not be accepted and no fees will be paid for such submissions.",
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