Middle Officer
Description
JOB PURPOSE SUMMARY : Middle Office Analyst for Derivatives Trading Desk- Responsible for managing derivative exposures, accurate trade capture, reporting & explaining daily Expo and P&L moves to Traders and Management.PRIMARY ACCOUNTABILITIES : Trader Collaboration : Work closely with derivatives traders to ensure accurate trade capture and management across multiple products and strategies.P&L & Exposure Reporting : Provide daily P&L reporting and risk exposure updates, highlighting key drivers and performance insights for traders and management.Valuation & Forward Curves : Develop and maintain forward curves and valuation models for derivatives, ensuring accurate daily pricing and market reflection.Month-End Closing & Compliance : Manage month-end closing activities, ensuring compliance with internal deadlines and reporting requirements.Validation & Risk Management : Oversee trade validation, stress testing, and back-testing to assess and mitigate risk.Break Resolution : Coordinate with the Back Office to resolve trade breaks and discrepancies, ensuring timely reconciliation.Collaboration with Risk Desk : Support the Quantitative Risk team with data and analysis for daily risk assessments.Process Improvement : Partner with IT / ETRM teams to develop tools for process optimization and workflow efficiency.EXPERIENCE : 3-4 Years of Relevant Experience : Proven experience in Middle Office, Product Control, or Risk Management within an energy trading environment.Product Knowledge : Solid understanding of paper instruments across various energy products, including Crude, Naphtha, Gasoline, LPG, Middle Distillates, and Fuel Oil.KNOWLEDGE : Advanced Excel Skills : Strong proficiency in MS Excel; basic knowledge of VBA and SQL is a plus.Paper Contracts Expertise : Solid understanding of paper contracts, including swaps and futures.Oil Options & Valuation : Knowledge of oil options instruments, their valuation methods, and key risk metrics.Derivatives & Oil Markets : Strong understanding of derivatives in the oil markets, including terminology, contracts, data, and market fundamentals.Risk Management Knowledge : Familiarity with the requirements and controls of Risk Management. #J-18808-Ljbffr
Posted: 26th June 2025 8.29 am
Application Deadline: N/A
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