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Trading Operations Analyst at Heraeus Metals New York LLC

Posted in General Business 30+ days ago.

This job brought to you by eQuest

Type: Full-Time
Location: New York, New York

Job Description:

Trading Operations Analyst

Location New York - New York


Full Time

A globally leading technology group, Heraeus is headquartered in Hanau, Germany. Founded in 1851, it is a family-owned portfolio company which traces its roots back to a pharmacy opened by the family in 1660. Today, Heraeus combines businesses in the environmental, energy, electronics, health, mobility and industrial applications sectors. In the 2017 financial year, the FORTUNE Global 500-listed company generated a total revenue of €21.8 billion. Our promise to about 13,000 employees is to enable them to develop their own ideas and to drive them forward.

Your role and responsibilities:

The primary responsibility of this position is to provide support for the processing of metals trades.   This position is also responsible for delivering a high level of customer service to internal and external customers.

  • Assists traders in day-to-day operations by processing trades, using SAP.  Advises traders on best shipment practices and alerts traders and customers of metal arrival schedules. Coordinates shipment schedules with suppliers & customers. Send out weekly shipment alert report. Arranges safe and prompt physical shipments of high-value company inventory. Assists customers regarding shipments, confirmations, and payments; confirms trades.

  • Creates pool account transfers. Reconciles pool/lease accounts and confirmations with customers and affiliated companies.

  • Reconciles daily future trades. Matches daily future positions based on broker’s statement and monthly reconciliation of open and closed futures

  • Maintains daily fixing, future, and spot prices in the system.

  • Maintains monthly contracts in system in coordination with traders.

  • Maintains metal specifications, certificates of conformance, etc., and matches same with customer requirements. Assists Supervisor with daily cash requirements. Complies with insurance and customs requirements. Understand the process of customs clearance. Update and maintain customs reconciliation file.

  • Check and approve invoices received from Vendors.

  • Check and validate daily margin requirements with brokers.

What is required for this role:

  • A Bachelors Degree in Accounting or Finance, and a minimum of one year of experience in accounting, preferably in trading operations within a precious metals or similar commodity environment. The equivalent combination of education and experience will be considered.

  • Must demonstrate attention to detail and organizational skills. 

  • Proficiency in Microsoft Office is required. Experience using SAP is preferred. 

Our recruiting team will carefully review and consider each individual application. Qualified candidates will be contacted for further discussion. We thank you for your consideration and appreciate your interest in Heraeus. For more information, please visit