At a Glance
- Tasks: Own trade controls, validate transactions, and lead automation initiatives in a dynamic trading environment.
- Company: Join a leading global commodity trading company with a focus on innovation.
- Benefits: Enjoy hybrid working, professional development, and a collaborative culture.
- Other info: Opportunity for career growth and involvement in cutting-edge technology.
- Why this job: Make an impact in the energy sector while developing your skills in a supportive team.
- Qualifications: Degree in finance or related field; experience in trading or risk management required.
The predicted salary is between 40000 - 50000 £ per year.
SENIOR TRADE CONTROL ANALYST
An exciting opportunity has arisen to join a leading global commodity trading company specialising in the Power, Gas, Oil, and LNG markets.
Our client is seeking a Senior Trade Control Analyst to join their growing Trade Control team, reporting directly to the Head of Trade Control.
Based in London, this role offers an excellent opportunity to work in a dynamic, collaborative, and progressive environment where your expertise is valued and your professional development is actively supported.
Hybrid working.
Main responsibilities
- Take end-to-end ownership of assigned controls and periodic deliverables ensuring completeness, adherence to validation standards and a complete audit trail within agreed deadlines.
- Act as a senior point of escalation and subject-matter reference for the Trade Control team across controls, systems and regulatory topics, deputizing for the Trade Control Manager where required.
- Provide day-to-day guidance, review and coaching to junior analysts, overseeing the quality, accuracy and timeliness of their control output and supporting their technical development.
- Perform daily trade validation activities, ensuring that all physical and financial energy transactions (with a focus on Gas, Power, Emissions, LNG and Oil derivatives) are accurately, completely, and promptly booked in the ETRM systems.
- Perform daily curve and price validation activities (spot/forward), ensuring market data accuracy in line with company procedures.
- Support the end-of-day process for physical and financial transactions in the relevant ETRM systems, ensuring the timely generation of Position and P&L reporting.
- Carry out mandate and unauthorized trade checks, escalating breaches in accordance with defined governance.
- Execute daily market conformity controls both physical and financial transactions.
- Support the execution and documentation of SOX and internal controls, including the collection of control evidence, identification of issues, and follow-up on remediation.
- Monitor and manage key trade lifecycle events (e. g., futures expiry, option exercise, deal amendments and cancellations), ensuring timely escalation and correct system representation.
- Support exchange and clearing activities, including reconciliation with clearing houses, broker fee validation, margin-related controls, and issue resolution with clearers and brokers.
- Ensure compliance with all internal and external regulations.
- Perform month-end and quarter-end control activities for physical and financial energy transactions (Gas, Power, Emissions and LNG).
- Monitor procedural compliance with new financial regulations (EMIR, Dodd‑Frank, REMIT and Mi FID II) as part of first-level control activities, including reporting and reconciliation.
- Lead automation and digitalization initiatives within the Trade Control team, including the assessment of AI-based solutions.
Actively contribute to systems enhancements and change initiatives, coordinating testing, validation and go-live activities from a Trade Control perspective.
- Provide the appropriate support to the Front Office for the approval of new products or non standard initiatives.
Skills and experience required
- University degree in a numeracy-oriented discipline (e. g. Finance, Economics, Financial Engineering, Risk Management).
- Significant experience within a Product Control, Market Risk, Middle Office or Risk Management environment in a commodity or financial trading organization.
Knowledge of Gas, Power, Emissions and LNG is required.
- Knowledge of risk metrics and internal control systems applicable to physical and financial transactions.
- Good knowledge of IT systems, tools and programming languages: Microsoft Excel, VBA, Microsoft Power BI (a plus), SQL (a plus), Openlink Endur (a plus) and Python (a plus). business.
- Solid understanding of control processes in a regulated trading environment, with exposure to regulatory reporting (EMIR, REMIT, Mi FID II, Dodd‑Frank) and audit interactions
StudySmarter Expert Advice🤫
We think this is how you could land Senior Bureau 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 Eleven. 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 Senior Bureau 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 Eleven.
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 Eleven'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 Eleven
✨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 Eleven.
✨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 Eleven 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 Eleven 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.
