Company Description

We’re re-imagining mining to improve people’s lives. That includes the lives of everyone who works for Anglo American. We strive to be a great company where employees are happy and inspired to do their best work. A place where every colleague can grow, develop and realise their potential. To live up to our Always with Purpose employee value proposition, we’re putting the development and growth of colleagues first by ensuring everyone at Anglo American has the career experience they deserve.

Job Description

The Risk, Governance and Compliance function within the Marketing Finance team provide senior management, the Front Office teams and the Head of Risk, Governance and Compliance, with transparency into the financial exposure, the profit/loss results and risks being run in the different commodity trading and marketing portfolios

With the centralisation comes the need for new ways of working, efficient processes and procedures, standardised IM systems as well as a new organisational model to be implemented to create a world class centralised, super-efficient, twin centered marketing function that can anticipate market developments and proactively plan sales and marketing activities with full information, visibility and a fast, efficient decision-making process.

Qualifications

The Financial Trade Ops Analyst – Risk Reporting (Commodity Financial Trade Validation and Regulatory Reporting) is responsible for the middle-office functions and processes, including but not limited to trade validation, confirmation, invoicing and regulatory reporting in relation to commodity derivatives trading activities. of commodity related financial trading activity and support the Risk Reporting Team in its operating activities. This role will be involved in supporting the execution and monitoring of key controls and performance indicator to ensure efficient and effective processes relating to market data delivery, financial trade validation and regulatory reporting.

Typical Tasks

Performance & Delivery 

Departmental support to Marketing Finance Group and Risk & IM TeamFunctional project/initiative/engagement coordinationInternal events and external (customer and business partner-facing) engagements

Compliance 

Adhere to all Group and Marketing policies and procedures relating to the role and therefore observe proper standards of conduct.Attend all Compliance training as identified and invited by Marketing Compliance.

Trade validation and confirmation

Perform validation and confirmation processes for commodity financial trades, ensuring accuracy and completeness of inputs into Commodities Trading Risk Management (CTRM) systems including trade costsLiaise with traders, brokers and counterparties to investigate and resolve trade discrepancies in a timely manner.Issuance of trade confirmation or invoices to relevant counterparties.Maintain broker fees schedule up to date in CTRM systems.Track and upload monthly exchange fee rebates.Reconcile and invoicing monthly 3rd party brokerage in CTRM systems.Document Standard Operating Procedures and Workflow Instructions detailing operating procedures.

Margining and collateral management

Understand MTM movements impact on daily VM calculation.Support Risk Reporters in investigating Variation Margin discrepancies.Liaise with Treasury on margin administration for trading positions with brokers.

Regulatory Reporting

 

Validate info captured in trade reporting system to the CTRM, ensure completeness, accuracy, and timeliness of daily submission to DTCC via SaaS platform.Review and address reconciliation results from trade repositories as well as handling of failed reports, errors, and exceptions.Perform monthly EMIR threshold reporting.Follow up on root cause fixing and escalate to Line Manager when necessary.Communicate effectively with stakeholders (Front Offices, Risk Reporters, Information Management (IM), external Vendors, Compliance, and relevant Counterparties) to investigate and resolve issues.Act as back-up for other team members of the global Financial Trade Operations team.

Audit

Provide the audit documentations promptly.Liaise and work closely with auditors to walk-through work process and ability to discuss and close any audit gaps.

Support on-boarding of new activities, process changes and systems enhancements

Execution of User Acceptance Testing (‘UAT’) is completed, and issues are addressed ahead of go live.Embed relevant process changes and system enhancement, ensuring consistency of procedures and timings.Ensure all relevant SOPs and control documentation have been updated.

Additional Information

Who We Are
We aim to lead the industry by pursuing ever safer ways of working, demonstrating integrity and showing care and respect for people and the planet. That means we are constantly seeking new opportunities to mine and process our products sustainably, using less water, less energy and more precise extraction technologies. Our extraordinary teams work safely and collaboratively, with the utmost consideration for local communities, our customers and the world at large.

What We Offer
When you join Anglo American, you can expect to enjoy a competitive salary and benefits package. But more than this, you’ll find yourself in an environment where the opportunities for learning and growth are second to none. From technical training to leadership programmes, we bring out the best in our people. There are plenty of opportunities to move onwards and upwards too. We’re a large, successful multinational company – and we’re still growing all the time.

How We Are Committed To Your Safety
Nothing is more important to us than ensuring you return home safely after a day’s work. To make that happen, we have the most rigorous safety standards in the industry. Not only that, we’re also continually investing in new technologies that are helping to make mining safer.

Inclusion and Diversity
We are committed to promoting an inclusive and diverse workplace where we value and respect every colleague for who they are. We provide equality of opportunity to enable everyone to fulfil their potential.

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