Job Summary:

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Overall Purpose of Role:- To provide effective first-line supervision for all trading activity on LMEselect- To provide first-line support and oversight for all LMEselect trading queries- To ensure the Error Trade Policy and Dynamic Price Bands on LMEselect are managed effectively- To effectively manage LMEselect processes, documentation and users- To understand all processes across LME venues and functions managed by Trading Operations- To maintain an overview of LME and LME Clear systems including LMEselect, LMEprice, LMEsmart, LMEprism, LMEsword, LMEbullion, LMEsource, LMEvps, LMEmercury, CRDS etc.

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Job Duties:

Responsibilities:

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• Ensure the LME Error Trade Policy and Dynamic Price Bands on LMEselect are managed effectively and consistently
• Ensure the procedures for the Error Trade Policy and Dynamic Price Bands on LMEselect are followed with all relevant information documented for regulatory purposes
• Maintain expertise to use expert judgement when required on LMEselect trades that appear erroneous, misleading or fall outside of the remit of the LME error trade policy
• Perform health-checks after systems started up
• Manage major incidents on trading platform, including communications management
• Effective handling of all stakeholder queries relating to LME’s pricing procedures and Trading Operations in general
• Troubleshoot issues relating to trading platform, escalating to support teams when necessary
• Liaise with and complete a daily handover with the London team
• Escalate potential critical issues to management promptly and succinctly
• Manage relevant LMEselect statistics and updates of analytical coding
• Provide market participants with demo and training on LMEselect functionalities
• Review and update departmental documentation
• Ensure regulatory reports on trading users and activity are completed accurately and on time
• Recommend and promote enhancements to the management on issues that will benefit the LME’s price discovery procedures, and to participate in all relevant projects and initiatives
• Undertake project work as and when required, including UAT testing and updating operational procedures to reflect new processes for the continued enhancements on the trading platform
• Assist with trading platform upgrades and the conformance process of the trading platform to Asia Pacific members and software vendors

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