At a Glance
- Tasks: Analyse and report on trading risks and performance in a dynamic commodities environment.
- Company: Join a leading global energy and commodity trading group with a vibrant culture.
- Benefits: Competitive salary, full-time role, and opportunities for professional growth.
- Other info: Collaborative team environment with a focus on innovation and risk awareness.
- Why this job: Make an impact in the fast-paced world of commodities trading while developing your analytical skills.
- Qualifications: Bachelor's degree in a numerate subject and experience in risk management or product control.
The predicted salary is between 55000 - 70000 £ 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, 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.
Skills:
- 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.
- Fluent English, speaking and writing.
- Passionate about risk and processes, capable of working with the business lines to embed risk awareness and culture into everyday processes.
Seniority level: Associate
Employment type: Full-time
Job function: Analyst, Finance, and Other
Industries: Oil and Gas, Financial Services, and Investment Banking
Quantitative Middle Office Analyst - Commodities in London employer: Richard James Recruitment Specialists Ltd
As a leading global energy and commodity trading group, our client offers an exceptional work environment in the heart of London, fostering a culture of innovation and collaboration. Employees benefit from comprehensive training and development opportunities, ensuring continuous professional growth while working alongside industry experts in a dynamic and commercially driven setting. With a focus on risk management and process improvement, this role not only provides meaningful challenges but also the chance to make a significant impact within the commodities sector.
Contact Details:
Richard James Recruitment Specialists Ltd Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Middle Office Analyst - Commodities in London
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We think you need these skills to ace Quantitative Middle Office Analyst - Commodities in London
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