Posted 22 days ago
Description
Cititec are working with a global commodities trading firm who are looking for a Trade Support Analyst to join their growing business focused on biofuels and physical oil products.
The successful candidate will play a key role in ensuring accurate P&L, VaR and risk reporting, while also supporting the development and improvement of the systems and processes used by the trading business.
Key Responsibilities
- Produce and analyse daily P&L reporting, investigating and explaining P&L movements and discrepancies.
- Prepare and monitor VaR and wider market risk reporting across the trading portfolio.
- Work closely with traders to understand positions, exposures, valuation movements and trading activity.
- Support the Middle Office function across physical biofuels and oil products, as well as associated derivatives.
- Monitor and validate trading positions, transactions, valuations and risk exposures.
- Support options trading and derivatives reporting, including understanding of Greeks and associated exposures.
- Work with Risk, Front Office, Operations, Finance and Technology teams to ensure accurate and timely reporting.
- Identify breaks, discrepancies and data issues and work through their resolution.
- Support the implementation and improvement of risk management and trading systems.
- Develop and automate reporting and processes where possible, improving efficiency and reducing manual intervention.
- Contribute to the development of controls, processes and reporting frameworks as the trading business grows.
The ideal candidate will have:
- 3-5 years' experience within a Middle Office, Risk, Product Control or similar function in a commodities trading business.
- Strong understanding of physical commodity markets, ideally oil products, biofuels, refined products or related energy markets.
- Experience working closely with Front Office / Traders in a fast-paced trading environment.
- Strong understanding of P&L reporting, VaR and market risk.
- Good knowledge of derivatives and options, including an understanding of Greeks and options exposures.
- Experience working with risk management systems, ETRMs or trading platforms.
- Strong analytical and problem-solving skills, with the ability to investigate issues and explain complex movements clearly.
- A strong technical skillset, with proficiency in tools such as Excel, VBA, Python and/or SQL.
- An interest in improving and automating existing processes rather than simply maintaining them.
- Excellent communication skills and the confidence to work directly with traders and senior stakeholders.
