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Senior middle office analyst (lng)

London
Richard James Recruitment Specialists Ltd
Analyst
Posted: 6 February
Offer description

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.

Key Role Responsibilities:

The Analyst will be part of the P&L team and will be responsible for:

* 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

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