At a Glance
- Tasks: Produce daily PnL and risk reports, support trading desks, and enhance reporting platforms.
- 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.
- Why this job: Make an impact in the exciting world of energy and commodities trading.
- Qualifications: Bachelor's degree in a numerate subject and 2-5 years of relevant experience.
- Other info: Work closely with traders and tech teams to improve processes and risk awareness.
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, 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.
- Process improvement mindset.
- Fluent English, speaking and writing.
- Advanced Excel skills, VBA SQL, Python preferred.
- Data visualization experience, Tableau / Dash.
- Passionate about risk and processes, capable of working with the business lines to embed risk awareness and culture into everyday processes.
Quantitative Middle Officer in London employer: Richard James Recruitment
Contact Detail:
Richard James Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Quantitative Middle Officer in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those working in energy and commodities. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨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 reporting and process improvement.
✨Tip Number 3
Showcase your technical skills! If you've got experience with ETRM systems or data visualisation tools, make sure to highlight that during conversations. It’s all about proving you can hit the ground running.
✨Tip Number 4
Don’t forget to apply through our website! We’re always on the lookout for passionate individuals who want to make a difference in the trading world. Your next big opportunity could be just a click away!
We think you need these skills to ace Quantitative Middle Officer in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Quantitative Middle Officer role. Highlight your experience in risk management and any relevant technical skills, like your knowledge of ETRM systems.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're passionate about the energy and commodities trading sector. Share specific examples of how you've contributed to risk reporting or process improvements in previous roles.
Showcase Your Technical Skills: Don’t forget to mention your advanced Excel skills and any programming languages you know, like Python or SQL. We love seeing candidates who can bring technical expertise to the table!
Apply Through Our Website: We encourage you to apply directly 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 team!
How to prepare for a job interview at Richard James Recruitment
✨Know Your Numbers
As a Quantitative Middle Officer, you'll be dealing with PnL and risk reports daily. Brush up on your financial derivatives knowledge and be ready to discuss how you would break down key drivers of risk and profit. This shows you understand the core responsibilities of the role.
✨Showcase Your Technical Skills
Make sure to highlight your experience with ETRM systems like Openlink or Endur. If you've worked with advanced Excel, VBA, SQL, or Python, bring examples of how you've used these tools to improve processes or reporting. This will demonstrate your technical competence and problem-solving abilities.
✨Communicate Clearly
You'll need to communicate changes in risk profiles to management, so practice explaining complex concepts in simple terms. Prepare to give examples of how you've effectively communicated with traders or management in the past, showcasing your ability to convey important information clearly.
✨Emphasise Teamwork and Initiative
This role requires collaboration with various teams, so be ready to discuss your experience working in a team environment. Highlight instances where you've taken the initiative to improve processes or enhance reporting platforms, showing that you're a self-starter with a process improvement mindset.