At a Glance
- Tasks: Analyse trading data and produce insightful reports for commodities like LNG, Power, and Oil.
- Company: Join a leading global energy and commodity trading group with a dynamic culture.
- Benefits: Competitive salary, career growth opportunities, and a collaborative work environment.
- Other info: Work closely with traders and tech teams to enhance processes and reporting.
- Why this job: Be at the forefront of commodity trading and make impactful decisions daily.
- Qualifications: Bachelor’s degree in a numerate subject and 2-5 years in Middle Office or Risk Management.
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.
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.
Middle Office/Trading Analyst - Commodities employer: RICHARD JAMES RECRUITMENT SPECIALISTS LTD
As a leading global energy and commodity trading group, our company offers an exceptional work environment that fosters innovation and collaboration within the dynamic London Middle Office team. Employees benefit from a culture that prioritises professional growth, with opportunities to enhance their skills in risk management and financial analysis while working alongside industry experts. With a focus on meaningful contributions to the trading process and a commitment to employee development, this role provides a rewarding career path in one of the most exciting sectors of the economy.
Contact Detail:
RICHARD JAMES RECRUITMENT SPECIALISTS LTD Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Middle Office/Trading Analyst - Commodities
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those working in Middle Office roles. A casual chat can lead to insider info about job openings or even a referral.
✨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 PnL reporting and risk analysis.
✨Tip Number 3
Showcase your tech-savviness! Familiarise yourself with ETRM systems like Openlink or Endur. Mentioning your experience with these tools can set you apart from other candidates.
✨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 proactive about their job search.
We think you need these skills to ace Middle Office/Trading Analyst - Commodities
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 risk management, as well as any relevant ETRM systems you've worked with. We want to see how your skills match what we're looking for!
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 background makes you a great fit for our team. Keep it concise but engaging – we love a good story!
Showcase Your Analytical Skills:Since this role involves producing PnL and risk reports, make sure to showcase your analytical skills in your application. Mention any specific tools or methodologies you've used in the past to analyse data and report findings. We’re all about those numbers!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it shows you’re keen to join our team at StudySmarter!
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 LNG, Power, Gas, and Ags. Understanding the nuances of these commodities will not only help you answer questions confidently but also show your genuine interest in the role.
✨Master the Numbers
Since this role involves a lot of financial reporting and risk analysis, be prepared to discuss your experience with PnL reports and risk management. Practise explaining key drivers behind financial metrics clearly and concisely.
✨Showcase Your Technical Skills
Familiarise yourself with ETRM systems like Openlink or Endur. If you have experience with these tools, be ready to share specific examples of how you've used them to improve processes or reporting in your previous roles.
✨Communicate Effectively
As a key point of contact for risk profile changes, strong communication skills are essential. Practise articulating complex ideas simply and clearly, as you'll need to convey important information to both traders and management.
