Manager, Inter-Office Trading
Job Summary
Shift Pattern:
Standard 40 Hour Week (United Kingdom)Scheduled Weekly Hours:
40Corporate Grade:
D - Assistant Vice PresidentReporting Line:
(UK Division) Trading & COOLocation:
UK-LondonWorker Type:
PermanentAbout the London Metal Exchange
The London Metal Exchange (LME) is the world centre for industrial metals trading. Most of the worlds global non-ferrous futures business is conducted on the LMEs three trading platforms totalling $21 trillion 191 million lots and 4 billion tonnes notional with a market open interest high of 2.1 million lots in 2025.
The metals community uses the LME an HKEX Group company as a venue to transfer or take on price risk as a physical market of last resort and as the provider of transparent global reference prices.
Overall Purpose of Role:
This role sits within our InterOffice Trading (IOT) team. Interoffice trading on the LME takes place between Members or between Members and their Clients via telephone or electronic communication channels outside of LMEselect.
The interoffice market is a vital component of the LME ecosystem. It facilitates trading on nonstandard prompt dates (i.e. dates outside the standard monthly prompts and associated spreads) accommodates larger trade sizes and provides essential liquidity for Clients who do not have direct access to the central market.
The successful candidate will provide daytoday operational support to the IOT team. They will be expected to work collaboratively within the group while also contributing effectively as an individual performer. Responsibilities include full coverage of all core IOT team duties along with rotational participation in specialised centres of excellence that support our InterOffice Trading Market Oversight function.
Responsibilities:
Provide comprehensive support across all aspects of the InterOffice Trading service.
Deliver effective coverage across all team shift patterns to ensure seamless business continuity.
Maintain a primary focus on the InterOffice Trading Market Oversight function including the auditing of Members for compliance with LME Matching Rules.
Conduct detailed data analysis to support operational efficiency and inform strategic decisionmaking.
Apply a thorough understanding of Matching Rules to ensure accurate timely and compliant trade processing.
Proactively manage timecritical issues to uphold high standards of customer service.
Review maintain and improve documentation and procurement processes to ensure accuracy clarity and compliance.
Perform timely updates to reference data to support trading accuracy and market integrity.
Participate in projects and working groups to drive service enhancements innovation and continuous improvement.
Support application testing to ensure system reliability performance and readiness for operational use.
Academic and Professional Qualifications Required:
Strong Academic Foundation: 5 GCSEs or more at grades AC (including Maths and English) are required. A-Levels are preferred.
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 where their broader background demonstrates strong relevance and capability.
A proven track record in a similar operational or tradingsupport role is essential.
Demonstrated expertise in InterOffice Trading and a strong understanding of associated trading protocols.
Strong general computer literacy including proficiency with core Microsoft Office applications (Excel Outlook Word PowerPoint).
Knowledge of the FIX protocol is advantageous but not essential.
The LME is committed to creating a diverse environment and is proud to be an equal opportunity employer. In recruiting for our teams we welcome the unique contributions that you can bring in terms of education ethnicity race sex gender identity expression and reassignment nation of origin age languages spoken colour religion disability sexual orientation and doing so we want every LME employee to feel our commitment to showing respect for all and encouraging open collaboration and communication.
Required Experience:
Manager