At a Glance
- Tasks: Produce daily P&L reports and resolve queries from traders in a dynamic trading environment.
- Company: Join a successful international Energy Trading company with global market access.
- Benefits: Career development opportunities, learn from industry experts, and competitive salary.
- Why this job: Gain valuable skills in energy trading and make an impact in a growing industry.
- Qualifications: 1-3 years in Commodity Trading and a degree in economics or finance.
- Other info: Collaborative team culture with opportunities for business travel.
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. For the right candidate, this role provides a clear path to career development and an opportunity to learn from industry experts.
Key Role Responsibilities:
- 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 to ensure 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 1-3 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) in Slough 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) in Slough
✨Tip Number 1
Network like a pro! Reach out to industry professionals on LinkedIn or attend relevant events. We can’t stress enough how valuable personal connections can be in landing that Middle Office Analyst role.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of LNG and commodity trading. We recommend practising common interview questions and scenarios related to P&L reporting and risk management to show you’re the right fit.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've handled large data sets or resolved complex queries in past roles. We want to see how you can add value to the team with your experience.
✨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 the initiative to connect directly with us.
We think you need these skills to ace Middle Office Analyst (LNG) in Slough
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Middle Office Analyst role. Highlight your experience in commodity trading and any relevant skills that match the job description. 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 passionate about the energy trading industry and how your background makes you a great fit for this role. We love seeing enthusiasm and a personal touch!
Showcase Your Analytical Skills: Since this role involves working with P&L reports and large data sets, make sure to highlight your analytical skills. Share examples of how you've successfully handled data analysis or problem-solving in previous roles. We appreciate a detail-oriented approach!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. We can't wait to hear from you!
How to prepare for a job interview at RICHARD JAMES RECRUITMENT SPECIALISTS LTD
✨Know Your Numbers
As a Middle Office Analyst, you'll be dealing with P&L reports and trade book data. Brush up on your financial metrics and be ready to discuss how you ensure accuracy and integrity in reporting. Show them you can handle numbers like a pro!
✨Communicate Clearly
This role requires a confident communication style. Practice explaining complex concepts simply and clearly. Be prepared to discuss how you've resolved queries in the past and how you approach challenging conversations with traders or other departments.
✨Show Your Problem-Solving Skills
Demonstrate your commercial awareness and adaptive problem-solving abilities. Think of examples where you've had to analyse large data sets or propose innovative solutions. They want to see how you tackle challenges head-on!
✨Understand the Industry
Familiarise yourself with LNG, Gas, and Coal markets, as well as the impacts of IR and FX on P&L. Being knowledgeable about these areas will not only impress them but also show your genuine interest in the energy trading industry.