At a Glance
- Tasks: Analyse daily P&L, monitor risk reporting, and support trading operations.
- Company: Global commodities trading firm focused on biofuels and oil products.
- Benefits: Competitive salary, dynamic work environment, and opportunities for growth.
- Other info: Collaborate with traders and senior stakeholders in a supportive culture.
- Why this job: Join a fast-paced team and make an impact in the trading world.
- Qualifications: 3-5 years in Middle Office or Risk, strong analytical skills, and technical proficiency.
The predicted salary is between 63000 - 77000 £ per year.
Cititec are working with a global commodities trading firm who are looking for a Trade Support Analyst to join their growing business focused on biofuels and physical oil products.
The successful candidate will play a key role in ensuring accurate P&L, Va R and risk reporting, while also supporting the development and improvement of the systems and processes used by the trading business.
Key Responsibilities
- Produce and analyse daily P&L reporting, investigating and explaining P&L movements and discrepancies.
- Prepare and monitor Va R and wider market risk reporting across the trading portfolio.
- Work closely with traders to understand positions, exposures, valuation movements and trading activity.
- Support the Middle Office function across physical biofuels and oil products, as well as associated derivatives.
- Monitor and validate trading positions, transactions, valuations and risk exposures.
- Support options trading and derivatives reporting, including understanding of Greeks and associated exposures.
- Work with Risk, Front Office, Operations, Finance and Technology teams to ensure accurate and timely reporting.
- Identify breaks, discrepancies and data issues and work through their resolution.
- Support the implementation and improvement of risk management and trading systems.
- Develop and automate reporting and processes where possible, improving efficiency and reducing manual intervention.
- Contribute to the development of controls, processes and reporting frameworks as the trading business grows.
The ideal candidate will have
- 3-5 years' experience within a Middle Office, Risk, Product Control or similar function in a commodities trading business.
- Strong understanding of physical commodity markets, ideally oil products, biofuels, refined products or related energy markets.
- Experience working closely with Front Office / Traders in a fast-paced trading environment.
- Strong understanding of P&L reporting, Va R and market risk.
- Good knowledge of derivatives and options, including an understanding of Greeks and options exposures.
- Experience working with risk management systems, ETRMs or trading platforms.
- Strong analytical and problem-solving skills, with the ability to investigate issues and explain complex movements clearly.
- A strong technical skillset, with proficiency in tools such as Excel, VBA, Python and/or SQL.
- An interest in improving and automating existing processes rather than simply maintaining them.
- Excellent communication skills and the confidence to work directly with traders and senior stakeholders.
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Trade Support Analyst in London employer: Cititec
Joining this global commodities trading firm as a Trade Support Analyst offers an exceptional opportunity to be part of a dynamic and innovative work culture that prioritises employee growth and development. With a strong focus on biofuels and physical oil products, the company provides comprehensive training and support, fostering an environment where your contributions directly impact the trading business. Located in a vibrant city, employees enjoy a collaborative atmosphere, competitive benefits, and the chance to work alongside industry experts, making it an ideal place for those seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Trade Support Analyst in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Cititec. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Trade Support Analyst in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Cititec.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Cititec's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Cititec
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Cititec.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Cititec will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Cititec employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
