At a Glance
- Tasks: Join the P&L team to produce daily reports and resolve trading queries.
- Company: Be part of a leading international Energy Trading company with global market access.
- Benefits: Gain career development opportunities and learn from industry experts in a dynamic environment.
- Why this job: This role offers a clear path for growth and the chance to impact the energy trading industry.
- Qualifications: Requires 2+ years in Commodity Trading and a degree in economics or finance.
- Other info: Business travel may be required; work with diverse teams across London and Singapore.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
Our client is a very successful international Energy Trading company with access to all key markets worldwide…
This role offers an excellent opportunity to further develop skills and responsibility within a growing and successful commodity trading business.
For the right candidate, this role offers an excellent opportunity to further develop, or acquire, the key skills and knowledge required to advance within the energy trading industry. This role will provide a clear path to career development and an opportunity to learn from industry experts.
Key Role Responsibilities:
The Analyst will be part of the P&L team and will be responsible for:
- Production of daily P&L reports and consolidation of all trade book reports, ensuring their precision, consistency and integrity
- Resolving queries from traders or other departments relating to P&L impacting topics
- Raising queries to traders when proposed booking changes or business practices are unclear
- Bringing awareness and understanding to the impacts of deal changes or bookings to different departments, considering how it will impact them
- Validation of physical commodities (LNG, Gas and Coal) and derivative deal entries ensure an accurate valuation within our ETRM
- Ownership of maintaining price curves and associated calendars
- Understanding the different funding requirements for futures and forwards and how it impacts various stakeholders
- Responsibility of the relationship with clearing brokers and clearing banks
- Monitoring the trading activity; highlighting and reporting unusual activity.
- Support Market and Credit risk monitoring
- Understanding and ability to calculate the impacts of IR and FX on P&L, working with the Treasury team to ensure the impacts are expected and hedges are correct or executed when required
- Supporting Finance in month-end financial closing processes explaining any provision requirements for the business
- Summary reporting (e.g. weekly, monthly) on key analytics
- Synergize with other teams based in London to add value to each other’s tasks as well as gain greater insight for colleagues based in Singapore
- Proposing and implementing innovative, more accurate and more efficient processes and calculation methods
- Ownership of the Contract and confirmation management for financial trades
- There may be business travel required.
KEY QUALIFICATIONS AND EXPERIENCE:
- At least 2 years of experience working in a Commodity Trading environment
- Economics, finance or similar quantitative-based degree
- Confident and clear communication style – the ability to deliver ideas, ask for an explanation when unsure and challenge others when best compliant practice is not applied
- Consistent detail while under pressure – the ability to work logically, quickly, and accurately while handling multiple tasks
- Comfortable with large data sets – effectively display and explain analysis for management
- Commercial awareness – Adaptive approach to problem-solving and the ability to work effectively as part of a culturally diverse team based in Singapore
- Capable of working autonomously – organising workloads and managing delivery and expectation of the front office on behalf of the team in Singapore
Middle Office Analyst (LNG) employer: RICHARD JAMES RECRUITMENT SPECIALISTS LTD
Contact Detail:
RICHARD JAMES RECRUITMENT SPECIALISTS LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Middle Office Analyst (LNG)
✨Tip Number 1
Familiarize yourself with the specific commodities mentioned in the job description, such as LNG, Gas, and Coal. Understanding these markets will not only help you during the interview but also demonstrate your genuine interest in the role.
✨Tip Number 2
Brush up on your analytical skills, especially in relation to P&L reporting and data management. Being able to discuss your experience with large data sets and how you've handled them in previous roles can set you apart from other candidates.
✨Tip Number 3
Network with professionals in the energy trading industry, particularly those who have experience in middle office roles. Engaging with industry experts can provide you with valuable insights and potentially lead to referrals.
✨Tip Number 4
Prepare to discuss your problem-solving approach and how you've adapted to challenges in a fast-paced environment. Highlighting your ability to work under pressure while maintaining attention to detail will resonate well with the hiring team.
We think you need these skills to ace Middle Office Analyst (LNG)
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description and understand the key responsibilities and qualifications required for the Middle Office Analyst position. Tailor your application to highlight relevant experiences that align with these requirements.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in a Commodity Trading environment, particularly any roles that involved P&L reporting, data analysis, or working with financial trades. Use specific examples to demonstrate your skills.
Showcase Communication Skills: Since the role requires clear communication with traders and other departments, include examples in your application that showcase your ability to communicate effectively, resolve queries, and work collaboratively within a team.
Tailor Your Cover Letter: Craft a personalized cover letter that not only expresses your interest in the position but also explains how your background in economics or finance, along with your problem-solving abilities, makes you a strong candidate for the role.
How to prepare for a job interview at RICHARD JAMES RECRUITMENT SPECIALISTS LTD
✨Understand the Role and Responsibilities
Make sure you have a clear understanding of the key responsibilities outlined in the job description. Be prepared to discuss how your previous experience aligns with tasks like producing P&L reports, resolving queries, and monitoring trading activity.
✨Showcase Your Analytical Skills
Since the role involves working with large data sets and performing detailed analysis, be ready to demonstrate your analytical skills. Prepare examples of how you've handled data in the past and how you can apply those skills to the energy trading environment.
✨Communicate Clearly and Confidently
The job requires a confident and clear communication style. Practice articulating your thoughts and ideas succinctly. Be prepared to ask questions and challenge practices during the interview to show your engagement and understanding.
✨Demonstrate Commercial Awareness
Familiarize yourself with current trends in the energy trading market, especially regarding LNG, Gas, and Coal. Showing that you understand the commercial aspects of the industry will set you apart as a candidate who is not only qualified but also genuinely interested in the field.