Macquarie Group
Senior Analyst, Physical Commodities Operations

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Senior Analyst, Physical Commodities Operations
Senior Analyst – Commodities Operations (London)
Our London-based Regional Commodities Operations team provides operational expertise and strategic control to our growing Commodities and Global Markets Division. You’ll collaborate closely with trading and sales teams, gaining hands-on experience across physical commodity transactions, spanning agricultural, base metals, and oil products.
About Macquarie
We’re a globally respected financial services group operating in 30 markets with 57 years of uninterrupted profitability. At Macquarie, your insights and expertise shape the future—supporting you to create lasting value while progressing a career aligned with your ambitions.
About the Role
As a Senior Analyst, you’ll play a critical role in ensuring seamless operations across trade and settlement processes. Key responsibilities include:
- Validating trade bookings to maintain accuracy and integrity
- Reviewing physical documentation, including bills of lading, letters of indemnity, and related legal contracts
- Drafting commercial sales contracts and responding to counterparty terms
- Facilitating cash and physical asset settlements, including reconciliation of balances
- Serving as the primary client contact internally and externally, aligning with high standards of client care
- Problem-solving, collaborating with colleagues globally to optimise workflows and drive process improvements
- Supervising junior team members, fostering professional growth in a dynamic environment
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I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?
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Why you're a good match
StrongYour economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.
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Why you're a good match
You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.
Experience fit
Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.
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What You Bring to the Role
To excel in this position, you’ll need:
- 3+ years of direct experience in a commodity operations role (or related finance/operations function)
- Exceptional problem-solving skills and the ability to work effectively with diverse, global teams
- Strong communication skills—ability to liaise with stakeholders, clients, and cross-functional colleagues
- Keen attention to detail, with a focus on risk management and operational efficiency
- Self-motivation and the ability to identify and implement best-practice improvements
What You’ll Gain
Join Macquarie and take advantage of a rich package of benefits, designed to support your career and quality of life:
Core Benefits
- 1 wellbeing day of leave, plus minimum 25 days of annual leave
- 26 weeks’ paid parental leave (primary caregivers) + 12 days paid transition leave upon return, and 6 weeks’ paid leave for secondary caregivers
- Paid fertility leave for individuals supporting medical processes
- 2 days’ paid volunteer leave and donation matching initiatives
- Salary-sacrificing options for perks (e.g., mobile phones, laptops, health insurance)
Wellbeing & Growth
- Comprehensive medical and life insurance; access to our Employee Assistance Programme (including counselling and coaching)
- Learning and development opportunities, including professional membership reimbursement or subscription support
- Company-funded emergency and backup childcare services
- Flexible hybrid working models (where applicable), with stipends for home office equipment


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Recognition & Fair Value
- Service awards and recognition programmes for outstanding contributions
- Time out for rest and renewal through our progressive annual leave policies
About Our Corporate Operations Group
In Macquarie’s Corporate Operations, you’ll be structuring efficiency at the heart of our operations, supporting products, processes, and collaboration across technology, data, global markets, security, procurement, and business resilience. Our team thrives on diverse expertise and collaborative problem-solving, driving excellence for our clients.
Our Commitment to Inclusion
Macquarie is dedicated to fostering an environment where diversity, equity, and inclusion are integral. We actively encourage applications from individuals of all backgrounds—including (but not limited to):
- Age, disability, and neurodiversity
- Gender identity (including non-binary or transgender roles)
- Sexual orientation and relationship status
- Ethnic/or racial origin, maternity/parenthood status, or religious belief
Reasonable adjustments will be provided throughout recruitment and employment to ensure your comfort and accessibility. If you have specific requirements, please make us aware during the application process.
Ready to play your part? If this role resonates with your ambition, we’d love to hear from you. Apply now.
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