Job content

We are looking for a motivated and eager candidate with a keen interest in the commodity trading and derivative environment to join the Finance Middle Office team.

Daily reporting:

• Daily P/L reporting per desk, including attribution and commentary
• Daily position reporting per desk, including attribution and commentary
• Actualisation review

Structure deal economics:

• Review and validation of initial deal economics including model integrity, accuracy and completeness
• Structured deal performance review and reporting
• Scenario analysis

Working Capital Management:

• Intra-month analysis of working capital optimization, including forward exposure
• End to end management of receivables discounting programs and bilateral financing, in collaboration with Operations, as well as Finance and Credit Risk departments
• Prepare detailed working capital reporting and analysis on a monthly basis, in collaboration with Trade Accounting

Deal entry validation:

• Validate physical commodity deal entry against business confirmations and signed contracts, in close coordination with the front office
• Validate physical commodity deal amendments against signed contract amendments, in close coordination with the front office

Controlling:

• Support Corporate Finance Operations with the daily resolution of broker reconciliation breaks
• Validate Over the Counter ‘OTC’ deal entry against business confirmations and signed contracts, in close coordination with the front office
• Validate OTC amendments against signed deal amendments, in close coordination with the front office
• Follow up on unconfirmed deals, pending OTC deal finalisation and signature and/or amendments/signature in close coordination with the front office

System administration:

• Daily price curve validation against market data
• Portfolio structure management
• Trade master data management
• Price curve modelling
• Model and back test price curves for illiquid markets including premiums

Projects:

• Daily position and P/L process and systems review and standardisation
• In collaboration with other middle office teams and functions, identify and implement middle office best practice including processes and internal controls
• Contribute to the design and testing of automated middle office functionality and controls

Requirements

Our ideal person:

• Adaptable, dynamic and organised with a positive and enthusiastic attitude
• Good communicators, that Interact well within a team and actively manage expectations
• Take initiative in resolving issues in a structured methodical manner
• Have a strong sense of responsibility and ownership, and are attentive to detail, in a fast-moving environment

Minimum requirements:

• Background in Finance with middle office experience in a commodity trading or financial institution
• Chartered Accounting qualification with “Big Four” articles experience, or a master’s degree in Finance
• Working knowledge of commodity trading systems and ERP integration
• Advanced knowledge of MS Office tools, especially Excel
• Advanced English language ability, both written and spoken
• Keen interest in trading, derivatives, business process automation, internal control, efficiency and improvement