Job Title
Middle Officer
Employment Details
Contract Type: Permanent
Time Type: Full time
Responsibilities
- Daily monitoring of the trading Position & Profit and Loss (PnL)
- Daily pricing exposure reconciliation with trading & operations (Ops)
- Validate position and PnL in an timely manner
- Report position and PnL daily to management
- Review and maintain information reliability in in-house ETRM system, including costs
- Build & monitor in-house forward curves in ETRM including front to back implementation for market assessment
- Check accuracy and consistency of forward curves vs market values
- Complete and improve upon daily processes such as market data checks, trade completeness, and regulatory reports
- Coordinate and check intercompany deals with other desks/offices of the group
- Check and reconcile futures trades between ETRM and clearing agents & exchanges
- Liaise and coordinate as needed with Ops (or similar functions) and back-office
- Check and monitor MTM of physical deals entered in ETRM
- Allocate hedges in strategies, as the case may be
- Check & compare costs in ETRM vs Ops costs and invoices
- Monitor exposure/VAR and inform management in case of limits breaks
- Verify and reconcile end of month results with accounting
- Back up for other desks as needed
- Work with Front Office, IT, Ops, Finance & Credit as the case may be
Qualifications
- One - Five years’ experience in Middle Office in a commodity trading environment with comprehension of energy trading; related trading experience can substitute
- Trading system experience, programming/SQL/IT skills seen as an advantage
- Experienced user of Microsoft Office with an emphasis in Excel
- Demonstrated business analysis skills
- Demonstrated knowledge of commodities
- Project Management skills
- Proactive / self-motivated
- Rigorous and detail orientedGood verbal and written presentation skills
- University Degree
- US working permit