Commodities Operations Analyst - Precious Metals

G MASS is seeking an Associate / Senior Analyst to join one of our Investment Banking clients within their Precious Metals Operations function. You will play a central role in supporting the settlement, reconciliation, and risk control processes underpinning the firm's precious metals business, acting as a key point of contact between trading desks and operations.

This role is based in London, and would be an initial 6-12 month contract.

Key Responsibilities:

Manage the end-to-end settlement process for precious metals transactions, including physical settlement and delivery of gold bullion, silver, platinum, and palladium.

Oversee trade reconciliations and cash settlements, ensuring accuracy and timeliness across the trade lifecycle.

Investigate and resolve discrepancies between trade details and confirmations, working closely with internal and external counterparties.

Serve as liaison between trading desks and operations, providing clear and timely updates on settlement status, issues, and priorities.

Utilise settlement systems and SWIFT messaging protocols to process and monitor precious metals transactions.

Apply comprehensive knowledge of precious metals markets, products, and settlement conventions to support day-to-day operations and problem resolution.

Contribute directly to the risk and control framework, identifying operating model gaps and supporting process improvement initiatives.

Collaborate closely with middle office, risk & control, and front office teams to ensure smooth operational delivery.

Maintain awareness of regulatory frameworks governing precious metals trading and settlement, ensuring adherence to relevant requirements.

Engage confidently with senior operations managers and front office stakeholders, including trading desk personnel, through clear communication and presentation of issues and solutions.

Requirements

2-5+ years' experience in a commodity and/or operations role with substantial exposure to precious metals operations.

Comprehensive knowledge of precious metals markets, products, and settlement conventions, including physical settlement and delivery.

Settlement system experience along with familiarity with SWIFT messaging protocols.

Understanding of the regulatory frameworks governing precious metals trading and settlement.

Proven experience managing trade reconciliations and cash settlements.

Strong attention to detail with the ability to work accurately under pressure.

Excellent communication and presentation skills, with the confidence to engage senior stakeholders across operations and the front office.

Benefits

Salary: competitive salary

Length: Initial 6-12m contract