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Risk and Compliance Apprentice THE LONDON METAL EXCHANGE

You will develop skills and capabilities within the R&C departments with potential for specialism and subject matter expertise. You will become a key member of the team and build your network to promote R&C to the wider LME Group. You will have the access to all levels of R&C team members with expertise in an engaging and friendly work environment.

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Closing date: 21 Oct 2022

Apprenticeship summary

  • Annual wage

    £25,000.00

  • Working week

    Monday to Friday, 0900am – 1800pm

    Total hours per week: 40

  • Expected duration

    18 Months

  • Possible start date

    31 Oct 2022

  • Date posted

    13 Jun 2022

  • Apprenticeship level

    Advanced
    Level 3 (A level)

  • Reference number

    VAC1000053670

  • Positions

    1 available

What will the apprentice be doing?

Risk

  • Assist in the daily reporting and monitoring of the LME Metals and Collateral markets and measuring the risk exposure of member and counterparty portfolios
  • Assist in analysis of Member and Counterpart Credit Scoring
  • Support Senior team Members across daily tasks as well as projects
  • Preparation of daily, monthly and all committee reports
  • Develop understanding to be able to advise internal stakeholders on internal and external market conditions

Regulation

  • Assist in the reporting (BAU, and ad-hoc) to regulators in the UK and internationally.
  • Perform internal analysis and assist in applications for the LME and LME Clear to provide access from new jurisdictions
  • Engage with LME Group employees to help comply with relevant regulatory requirements – including when developing new business initiatives
  • Assist with the management of LME Clear’s annual CPMI-IOSCO PFMI self-assessment and public disclosure document

Compliance

  • Assist in the regular review and development of LME Group’s compliance policies
  • Review staff compliance declarations (e.g. conflicts of interest, gifts and entertainment and make recommendations prior to management approval)
  • Contribute to the creation and development of management information
  • Assist in monitoring and testing reviews of the business as part of the Compliance Monitoring Programme

Company Secretarial

  • Assistance with arranging meetings of Boards and Committees; liaison with Board and Committee Members
  • Assistance with making company filings and administration
  • Attending meetings of Committees and writing first drafts of minutes

What training will the apprentice take and what qualification will the apprentice get at the end?

Compliance and risk officer level 3 apprenticeship
The apprentice will complete one appropriate professional qualification

What is the expected career progression after this apprenticeship?

  • Previous Apprentices have secured specialist roles of their interest with full support of career path

Requirements and prospects

Desired skills and personal qualities

Communication skills, Attention to detail, Organisation skills, Analytical skills, Proactive, Innovative, Enthusiastic

Qualifications

A Level or equivalent any 3 subjects (Grade A-C) Essential

Things to consider

R&C Apprentice will develop skills and technical capabilities within the wider Risk and Compliance departments with potential for specialism and subject matter expertise. The R&C Apprentice will become a key member of the teams and will be able to face off to senior management and external stakeholders and build their network and promote Risk & Compliance and the wider LME Group and HKEx brand. The apprentice will have the access to all levels of R&C team members with expertise in an engaging and friendly work environment.

About the employer

The London Metal Exchange is a futures and forwards exchange with the world’s largest market in standardised forward contracts, futures contracts and options on base metals.

Employer

THE LONDON METAL EXCHANGE

Address

10 Finsbury Square

London

EC2A 1AJ

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Training

Training provider

THE GROWTH COMPANY LIMITED

Apprenticeship standard

Compliance and risk officer

Level 3 (A level)

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