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Commodities middle office analyst

Cardiff
JR United Kingdom
Analyst
€60,000 - €80,000 a year
Posted: 7 June
Offer description

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Commodities Middle Office Analyst, Cardiff

Client: Richard James Recruitment Specialists Ltd

Location: Cardiff, United Kingdom

Job Category: Other

EU work permit required: Yes


Job Views:

2


Posted:

04.06.2025


Expiry Date:

19.07.2025


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.

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 accuracy and consistency.
* Resolving queries from traders or other departments relating to P&L impacting topics.
* Raising queries to traders regarding booking changes or business practices.
* Understanding the impact of deal changes or bookings on different departments.
* Validation of physical commodities (LNG, Gas, Coal) and derivative deal entries for accurate valuation within our ETRM.
* Maintaining price curves and associated calendars.
* Understanding funding requirements for futures and forwards and their impact.
* Managing relationships with clearing brokers and banks.
* Monitoring trading activity and reporting unusual activity.
* Supporting Market and Credit risk monitoring.
* Calculating impacts of IR and FX on P&L and working with Treasury to ensure correct hedges.
* Supporting finance in month-end closing processes.
* Reporting on key analytics weekly and monthly.
* Collaborating with teams in London and Singapore.
* Proposing and implementing process improvements.
* Managing contracts and confirmations for financial trades.
* Business travel may be required.


Key Qualifications and Experience:

* At least 1 year of experience in a Commodity Trading environment.
* Degree in Economics, Finance, or similar quantitative field.
* Clear communication skills and ability to challenge when necessary.
* Attention to detail under pressure.
* Comfortable with large data sets and analysis presentation.
* Commercial awareness and adaptive problem-solving skills.
* Ability to work autonomously and manage workload effectively.
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