Commodity Operations Analyst

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 broader Financial Operations team, the successful candidate will play a key role in the day-to-day functions within Trade Support/Commodity Operations as well be involved in a wide variety of projects and process enhancements. Products covered are varied and include primarily (but not restricted to) oil derivatives, European Power & Gas, LNG, Emissions and Metals.

RESPONSIBILITIES:

• Be able to understand trade bookings and amends across the commodity spectrum.
• Ability to understand and reconcile breaks, escalating appropriately to the relevant stakeholders.
• Generate, review and process confirmations for OTC trades.
• Submit trades for REMIT reporting and monitor for any breaks.
• Experience and knowledge of Brokerage and Broker rate agreements.
• Review KPI’s daily to ensure aged items and outstanding issues are resolved in a timely manner.
• Ensure that all risk items are prioritized and escalated where appropriate.
• Maintain various Emissions Registries & take the lead on any set up required for new registries around the world.
• Working closely with multiple teams within the organisation and in multiple locations (IT, Scheduling, Trading and Middle Office).
• Any other tasks as directed by your line manager.
• Analyse and develop team procedures in line with market requirements.
• Setup, maintain, static data in various systems understanding the impact and flow down and upstream (across multiple systems including Endur, Equias and ICTS).
• Ability to review existing processes and improve including testing the function through to a go live state.

SKILLS AND EXPERIENCE REQUIRED:

• Ideal candidate will have 3+ years’ experience ideally in financial operations and commodities.
• Excellent numerical and Excel skills.
• Strong system skills (Openlink/Endur).
• Previous exposure to European Power, European Gas & Emissions is a must.
• Experience of monitoring workflow by reliance on Risk Systems.
• Experience in REMIT reporting preferred.
• Ideal but not a requirement, experience of the commodities physical market would be advantageous.
• Able to work independently without direct supervision but also happy in working as a team on projects.
• Committed to seeing issues through until they are resolved.
• Project ownership and delivery experience.