At a Glance
- Tasks: Collaborate with teams to analyse and document business requirements in a fast-paced trading environment.
- Company: Join Glencore, a leading global commodity trading company with a dynamic IT team.
- Benefits: Competitive salary, opportunities for professional growth, and a collaborative work culture.
- Other info: Engage in strategic initiatives and enjoy excellent career advancement opportunities.
- Why this job: Make an impact in the energy trading sector while developing your skills in a supportive environment.
- Qualifications: 7+ years in business analysis within commodities trading; strong stakeholder management skills required.
The predicted salary is between 60000 - 80000 € per year.
Glencore's Information Technology group develops and supports a broad range of applications and platforms to support a fast-moving global commodity trading business. The London-based Middle Office IT team primarily supports Energy trading across Oil, Gas, Power, LNG, Carbon and Environmental products, partnering closely with Trading, Trade Support, Operations, Risk, Compliance and Regulatory teams.
The team is responsible for strategic and tactical initiatives across trade lifecycle management, regulatory reporting, surveillance, broker reconciliation, exchange onboarding, market data integration and operational controls. The role requires strong functional knowledge of commodities trading, stakeholder management capability and the ability to bridge business priorities with technology delivery.
This role will work closely with Front Office, Middle Office, Trade Support, Compliance, Operations, Quantitative, Architecture and Engineering teams globally.
Key Responsibilities- Build and manage strong relationships with stakeholders including Trading, Trade Support, Compliance, Operations, Risk, Product Owners, Enterprise Architects, Development Leads and external vendors/exchanges.
- Elicit, analyse and document business requirements through workshops, process analysis, interviews and data-driven investigation.
- Translate business requirements into high quality user stories, functional specifications, process flows and acceptance criteria.
- Drive functional design discussions across multiple platforms and integration points.
- Support backlog management and prioritisation aligned to strategic business objectives.
- Partner with development teams throughout the SDLC to ensure functional alignment and successful delivery.
- Participate in Agile ceremonies including sprint planning, stand-ups, refinement sessions, sprint reviews and retrospectives.
- Coordinate and support SIT/UAT testing activities, defect triage and production validation.
- Facilitate training, knowledge transfer and adoption sessions for business users.
- Strong understanding of the Gas & Power trading lifecycle across physical and derivatives products.
- Experience supporting Power, Gas, LNG and Environmental products across trade capture, scheduling, confirmations, settlements and invoicing processes.
- Knowledge of exchange-traded and OTC Gas & Power products including futures, swaps, options and spot trading.
- Understanding of nominations, scheduling and operational workflows within Gas & Power markets.
- Experience working with trade flows from exchanges and brokers into ETRM platforms.
- Exposure to Power market concepts such as nodes, balancing, settlements, congestion and hourly trading constructs.
- Familiarity with Gas & Power regulatory reporting obligations including REMIT and EMIR.
- Experience supporting reconciliations across exchanges, brokers, counterparties and downstream operational systems.
- Understanding of STP trade flows, exception management and operational controls within Energy trading environments.
- Experience analysing integrations between market platforms, ETRM systems, pricing providers and downstream reporting systems.
- Exposure to exchange onboarding and market connectivity initiatives for Energy trading platforms.
- Understanding of trade events lifecycle including amendments, allocations, confirmations, settlements and lifecycle exceptions.
- Knowledge of market data and pricing services used within Gas & Power trading environments is advantageous.
- Contribute to portfolio roadmap discussions and strategic initiatives.
- Support architecture and solution design discussions for scalable and maintainable platforms.
- Understand data lineage, interfaces and system dependencies across the Middle Office landscape.
- Contribute to business analysis standards, governance and best practices within the organisation.
- Assist with vendor engagement, onboarding and solution evaluation where required.
- Strong experience within commodities trading environments, preferably Energy (Oil, Gas, Power, LNG, Environmental Products).
- Strong understanding of the physical and derivatives trade lifecycle.
- Good understanding of exchange traded and OTC products.
- Knowledge of trade operations, reconciliations, confirmations and regulatory reporting processes.
- Exposure to market surveillance, market abuse monitoring or compliance-related initiatives is advantageous.
- Proven experience delivering complex cross-functional projects within trading environments.
- Strong requirements gathering, process modelling and documentation capability.
- Ability to manage multiple stakeholders across business and technology functions.
- Strong communication and presentation skills, including interaction with senior stakeholders.
- Ability to challenge requirements constructively and drive clarity.
- Experience working within Agile/Scrum delivery models.
- Strong organisational, planning and prioritisation skills.
- Good understanding of system integrations, APIs and event-driven architectures.
- Experience working with data analysis tools and querying technologies such as SQL.
- Familiarity with Jira, Confluence and Agile tooling.
- Understanding of data flows, reconciliation processes and operational controls.
- Exposure to cloud, data platforms or analytics solutions is advantageous.
- 7+ years of Business Analysis experience within commodities trading or financial markets.
- Experience working on global, multi-region delivery initiatives.
- Experience working across both bespoke and vendor/platform-based solutions.
- Degree educated or equivalent industry experience.
- ISEB, CBAP, IIBA or Agile certifications are advantageous but not mandatory.
Middle Office BA in London employer: Glencore
Glencore is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets the fast-paced world of commodity trading. Employees benefit from a collaborative culture that fosters professional growth through diverse projects and strategic initiatives, while also enjoying competitive compensation and comprehensive support for career development. With a focus on teamwork and stakeholder engagement, Glencore empowers its staff to make meaningful contributions to the energy sector and beyond.
StudySmarter Expert Advice🤫
We think this is how you could land Middle Office BA in London
✨Tip Number 1
Network like a pro! Get out there and connect with folks in the industry. Attend meetups, webinars, or even just grab a coffee with someone who works in commodities trading. Building relationships can open doors that a CV just can't.
✨Tip Number 2
Show off your skills in real-time! If you get the chance, ask for a short project or case study during interviews. This way, you can demonstrate your understanding of the trading lifecycle and how you can add value to the team.
✨Tip Number 3
Be prepared to chat about your past experiences. Think of specific examples where you've successfully managed stakeholders or delivered complex projects. This will help you stand out as someone who can bridge business needs with tech solutions.
✨Tip Number 4
Don't forget to apply through our website! We love seeing candidates who are genuinely interested in joining us. Plus, it gives you a better chance to showcase your enthusiasm for the role and the company.
We think you need these skills to ace Middle Office BA in London
Some tips for your application 🫡
Know Your Stuff:Make sure you understand the commodities trading world, especially in Energy. Brush up on your knowledge of Gas and Power trading lifecycles, as this will help you stand out in your application.
Tailor Your Application:Don’t just send a generic CV and cover letter. Tailor your application to highlight your experience with business analysis and how it relates to the specific responsibilities mentioned in the job description.
Showcase Your Skills:Use your written application to showcase your skills in stakeholder management and Agile methodologies. Mention any relevant projects where you've successfully delivered complex cross-functional initiatives.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and get you into our system quickly!
How to prepare for a job interview at Glencore
✨Know Your Commodities
Make sure you brush up on your knowledge of the Gas and Power trading lifecycle. Understand the key concepts like nominations, scheduling, and operational workflows. This will help you speak confidently about how your experience aligns with the role.
✨Stakeholder Management is Key
Prepare to discuss how you've built and managed relationships with various stakeholders in previous roles. Think of specific examples where you successfully collaborated with teams like Trading, Compliance, or Operations, as this will show your ability to bridge business priorities with technology delivery.
✨Get Agile Savvy
Since the role involves participating in Agile ceremonies, be ready to talk about your experience with Agile methodologies. Share examples of how you've contributed to sprint planning, stand-ups, or retrospectives, and how this has helped in delivering successful projects.
✨Showcase Your Analytical Skills
Be prepared to demonstrate your ability to gather requirements and document processes. Bring examples of user stories or functional specifications you've created in the past, and explain how they contributed to project success. This will highlight your strong business analysis skills.
