At a Glance
- Tasks: Join our team to analyse risk P&L and monitor exposures in LNG trading.
- Company: Be part of a leading energy group with global LNG solutions.
- Benefits: Enjoy competitive perks, potential remote work, and a dynamic work environment.
- Why this job: Make an impact in a prominent sector while collaborating with diverse teams.
- Qualifications: 2+ years in risk management; degree in relevant fields required.
- Other info: Experience with EMIR and REMIT reporting is a plus.
The predicted salary is between 48000 - 84000 Β£ per year.
Job Description
Our client is a very successful international Energy Trading company with access to all key markets worldwideβ¦
This role offers an excellent opportunity to further develop skills and responsibility within a growing and successful commodity trading business.
Key Role Responsibilities:
The Analyst will be part of the P&L team and will be responsible for:
- Take a leading role in the production and production of daily P&L reports and consolidation of all trade book reports, ensuring its precision, consistency and integrity
- Resolving queries from traders or other departments relating to P&L impacting topics
- Raising queries to traders when proposed booking changes or business practices are unclear
- Bringing awareness and understanding to the impacts of deal changes or bookings to different departments, considering how it will impact them
- Validation of physical commodity (LNG, Gas and Coal) and derivative deal entries to ensure an accurate valuation within our ETRM
- Ownership of maintaining price curves and associated calendars
- Understanding the different funding requirements for futures and forwards and how it impacts various stakeholders
- Management of the relationship with clearing brokers and clearing banks
- Monitoring the trading activity; highlight and report unusual activity.
- Support Market and Credit risk monitoring
- Understanding and ability to calculate the impacts of IR and FX on P&L, working with the Treasury team to ensure the impacts are expected and hedges are correct or executed when required
- Supporting Finance in month-end financial closing processes explaining any provision requirements for the business
- Summary reporting (e.g. weekly, monthly) on key analytics
- Synergize with other teams based in London to add value to each other's tasks as well as gaining a greater insight for colleagues based in Singapore
- Proposing and implementing innovative, more accurate and more efficient processes and calculation methods
- Ownership of the Contract and confirmation management for financial trades
- Active discussions with front risk and risk around trading strategy and positions
- Contributing to the leadership of the MO team, including the training, mentoring and coaching of other MO team members, and providing guidance for their professional development.
KEY QUALIFICATIONS AND EXPERIENCE:
- At least 4 to 8 years of work experience within an energy or commodity trading environment
- Economics, finance, accounting or similar quantitative based degree
- Confident and clear communication style β ability to deliver ideas, ask for explanation when unsure and challenge others when best compliant practice is not applied
- Consistent detail while under pressure β the ability to work logically, quickly, and accurately while handling multiple tasks
- Comfortable with large data sets β effectively display and explain analysis for management
- Commercial awareness β Adaptive approach to problem solving and the ability to work effectively as part of a culturally diverse team based in Singapore
- Capable of working autonomously β organising workloads and managing delivery and expectation of front office on behalf of the team in Singapore
Senior Middle Office Analyst (LNG) employer: RICHARD JAMES RECRUITMENT SPECIALISTS LTD
Contact Detail:
RICHARD JAMES RECRUITMENT SPECIALISTS LTD Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Senior Middle Office Analyst (LNG)
β¨Tip Number 1
Network with professionals in the LNG trading and risk management sectors. Attend industry conferences, webinars, or local meetups to connect with potential colleagues and learn about the latest trends and challenges in the field.
β¨Tip Number 2
Familiarise yourself with the specific ETRM systems used in LNG trading. If possible, take online courses or tutorials to enhance your understanding of these systems, as this knowledge will be crucial for your role.
β¨Tip Number 3
Stay updated on regulatory requirements such as EMIR and REMIT. Understanding these regulations will not only help you in your role but also demonstrate your commitment to compliance during interviews.
β¨Tip Number 4
Prepare to discuss your analytical skills and how you've applied them in previous roles. Be ready to provide examples of how you've interpreted complex data and contributed to risk management strategies.
We think you need these skills to ace Senior Middle Office Analyst (LNG)
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights relevant experience in risk management and LNG trading. Use specific examples that demonstrate your analytical skills and familiarity with ETRM systems.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your background aligns with the key responsibilities listed in the job description, particularly your experience with risk P&L analysis and regulatory reporting.
Highlight Relevant Skills: Emphasise your strong analytical and numerical skills in both your CV and cover letter. Provide examples of how you've successfully managed risk exposures or contributed to stress testing methodologies in previous roles.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for this role.
How to prepare for a job interview at RICHARD JAMES RECRUITMENT SPECIALISTS LTD
β¨Know Your Risk Management Fundamentals
Make sure you brush up on your risk management principles, especially those relevant to LNG trading. Be prepared to discuss methodologies like VaR, CaR, and stress testing, as these are crucial for the role.
β¨Demonstrate Analytical Skills
Since the job requires strong analytical abilities, be ready to showcase examples of how you've analysed complex data in previous roles. Use specific instances where your analysis led to significant outcomes.
β¨Familiarise Yourself with ETRM Systems
As the role involves supporting the development of ETRM systems, itβs essential to have a solid understanding of these systems. If possible, mention any experience you have with ETRM software during the interview.
β¨Communicate Effectively
Given the need to liaise with various teams, practice articulating your thoughts clearly and concisely. Prepare to discuss how youβve successfully collaborated with different departments in past positions.