At a Glance
- Tasks: Lead daily P&L reporting and ensure accuracy in trade book reports.
- Company: Dynamic international Energy Trading company with global market access.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Why this job: Join a successful team and make a real impact in commodity trading.
- Qualifications: 4-8 years in energy trading and a degree in finance or economics.
- Other info: Opportunity for mentorship and career growth in a diverse team.
The predicted salary is between 36000 - 60000 £ per year.
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.
Key Role Responsibilities
- Take a leading role in the production and production of daily P&L reports and consolidation of all trade book reports, ensuring its 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 commodity (LNG, Gas and Coal) and derivative deal entries to 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.
- Management of the relationship with clearing brokers and clearing banks.
- Monitoring the trading activity; highlight and report 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 gaining a 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.
- Active discussions with front risk and risk around trading strategy and positions.
- Contributing to the leadership of the MO team, including the training, mentoring and coaching of other MO team members, and providing guidance for their professional development.
KEY QUALIFICATIONS AND EXPERIENCE
- At least 4 to 8 years of work experience within an energy or commodity trading environment.
- Economics, finance, accounting or similar quantitative based degree.
- Confident and clear communication style - ability to deliver ideas, ask for 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 front office on behalf of the team in Singapore.
Senior 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 Senior Middle Office Analyst (LNG)
✨Tip Number 1
Network like a pro! Reach out to people in the energy trading sector, especially those who work at companies you're interested in. A friendly chat can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for interviews by diving deep into the company’s recent projects and market trends. Show them you’re not just another candidate; you’re someone who’s genuinely interested in their business and ready to contribute from day one.
✨Tip Number 3
Practice your communication skills! Since this role requires clear and confident communication, consider doing mock interviews with friends or using online platforms to refine your pitch and responses.
✨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 take that extra step to connect with us directly.
We think you need these skills to ace Senior Middle Office Analyst (LNG)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Middle Office Analyst role. Highlight your experience in energy or commodity trading, and don’t forget to showcase your skills in P&L reporting and data analysis. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific experiences that relate to the job description, especially around managing relationships with traders and brokers. We love a good story!
Showcase Your Communication Skills: Since clear communication is key in this role, make sure your application reflects your ability to convey ideas effectively. Whether it's through your CV or cover letter, we want to see how you can engage with different teams and stakeholders.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our awesome team at StudySmarter!
How to prepare for a job interview at RICHARD JAMES RECRUITMENT SPECIALISTS LTD
✨Know Your Numbers
As a Senior Middle Office Analyst, you'll be dealing with P&L reports and trade book reports. Brush up on your financial metrics and be ready to discuss how you ensure accuracy and integrity in reporting. Prepare examples of how you've handled discrepancies or queries in the past.
✨Understand the Market
Familiarise yourself with the LNG, Gas, and Coal markets. Be prepared to discuss current trends and how they might impact trading strategies. Showing that you have a grasp of market dynamics will impress your interviewers and demonstrate your commercial awareness.
✨Communication is Key
This role requires clear communication with traders and other departments. Think of instances where you've had to explain complex concepts or resolve conflicts. Practise articulating your thoughts clearly and confidently, as this will be crucial in your interactions.
✨Show Your Problem-Solving Skills
The ability to adapt and solve problems is essential in this role. Prepare to discuss specific challenges you've faced in previous positions and how you approached them. Highlight any innovative processes or methods you've implemented to improve efficiency or accuracy.