At a Glance
- Tasks: Analyse trading data, produce reports, and enhance risk management processes.
- Company: Dynamic global energy and commodity trading group.
- Benefits: Competitive salary, career growth, and a vibrant team culture.
- Other info: Collaborative atmosphere with opportunities for innovation and process improvement.
- Why this job: Join a leading firm and make an impact in the exciting world of commodities trading.
- Qualifications: Bachelor's degree in a numerate subject and relevant experience in trading environments.
The predicted salary is between 36000 - 60000 £ per year.
Our client is a global energy & commodity trading group and one of the most exciting and commercially driven Commodity Trading houses in the industry!
Working as part of the London Middle Office team, you will be responsible for UK and European LNG, Power, Gas, Ags and Oil (Financial) traded products, correct position reporting, pricing and adherence with trading limits, and more.
PRINCIPAL DUTIES/RESPONSIBILITIES:- Production of a daily PnL and Risk reports for the trading desks (also supporting other desks covering the commodity spectrum, more specifically Ags, LNG, Metals), be able to produce a breakdown and explain key drivers.
- Production of weekly management reporting on all portfolios with concise communication on changes to the risk profiles within the books.
- Development of non-linear risk reporting for option portfolios.
- IPV on prices, and volatility.
- Improvements to enhanced reporting platform and risk decomposition.
- Key point of contact for communicating changes to risk profile to management with clear narrative as to subsequent changes to risk profile and commercial understanding as to reasons for positions.
- Support with complex trade booking.
- Good understanding of financial derivatives including options and option sensitivities.
- Frequent and daily interaction with traders to understand core positions and trading rationale.
- Implement new controls: liaise with Tech team to improve and enhance processes.
- Development of enhanced reporting platform.
- Educated to bachelor’s degree (or equivalent) level in highly numerate subject (Mathematics, Financial Mathematics, Mathematical Finance, etc.)
- Ability to work as part of a team.
- Ideally 2-5 years’ work-based Middle Office/Product Control/Risk Management experience in a similar role in an Energy/Commodities trading environment.
- Technically competent with ETRM systems and tools; specifically, Openlink/Endur/ICTS.
- Self-starter organized and autonomous.
- Process improvement mindset.
- Fluent English, speaking and writing.
- Advanced Excel skills, VBA SQL, Python preferred.
- Data visualization experience, Tableau/Dash.
- Passionate about risk and processes, capable of working with the business lines to embed risk awareness and culture into everyday processes.
Middle Office/Trading Analyst - Commodities in London employer: RICHARD JAMES RECRUITMENT SPECIALISTS LTD
Join a dynamic and innovative global energy and commodity trading group in London, where you will thrive in a collaborative work culture that values your contributions and encourages professional growth. With a focus on employee development, you will have access to unique training opportunities and the chance to work alongside industry experts, all while enjoying a competitive benefits package that supports your well-being and work-life balance.
Contact Details:
RICHARD JAMES RECRUITMENT SPECIALISTS LTD Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Middle Office/Trading Analyst - Commodities in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those working in Middle Office roles. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of financial derivatives and risk management. Be ready to discuss how you can contribute to the team’s success with your skills in Excel, Python, and reporting.
✨Tip Number 3
Showcase your process improvement mindset! During interviews, share examples of how you've enhanced reporting or improved processes in previous roles. This will highlight your proactive approach.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are genuinely interested in joining our team.
We think you need these skills to ace Middle Office/Trading Analyst - Commodities in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Middle Office/Trading Analyst role. Highlight your experience with financial derivatives and any relevant skills like advanced Excel or Python. We want to see how your background fits with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about commodities trading and how your skills can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Analytical Skills:Since this role involves a lot of reporting and risk analysis, make sure to showcase your analytical skills in your application. Mention specific tools or methods you've used in the past that relate to the job description.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at RICHARD JAMES RECRUITMENT SPECIALISTS LTD
✨Know Your Commodities
Make sure you brush up on your knowledge of commodities, especially LNG, Power, Gas, and Ags. Understanding the market trends and key drivers behind price fluctuations will show that you're not just familiar with the products but also passionate about them.
✨Master the Numbers
Since this role involves a lot of reporting and analysis, be prepared to discuss your experience with PnL and risk reporting. Bring examples of how you've produced reports in the past and be ready to explain the key metrics and their implications.
✨Showcase Your Technical Skills
Highlight your proficiency with ETRM systems like Openlink or Endur, as well as your advanced Excel skills. If you have experience with VBA, SQL, or Python, make sure to mention it! Being technically savvy can set you apart from other candidates.
✨Communicate Clearly
As a key point of contact for risk communication, your ability to convey complex information simply is crucial. Practice explaining technical concepts in layman's terms, and prepare to discuss how you've effectively communicated changes in risk profiles in previous roles.
