Gas Middle Office Analyst

4 weeks ago


London, United Kingdom SEFE Marketing & Trading Ltd Full time

This opportunity is in the well-regarded Global Middle Office team, based in London.

Want to join us on our journey?

This opportunity is in the well-regarded Global Middle Office team, based in London.

The successful candidate will be involved in all aspects of the team’s activities:

  • Daily Economic Valuation/Exposures/Attribution reporting of all open exposure; Monthly IFRS compliant reporting;
  • Independent Price Verification (IPV) and market curve data management;
  • Facilitating the operational readiness of new products;
  • Development activities including continuous improvements to the Middle Office processes;
  • Developing analysis tools and reports; valuation and exposure analysis on new structured transactions.

What you will do?

Reporting & Control:

  • Generation of an Independent T+1 daily economic P&L revaluation, exposure reporting and full attribution thereof linking back to underlying market and position changes
  • Closely working with the Commercial Teams to ensure full understanding of the rationale for positions held / trading strategies that are applied, and on a daily basis ensuring the P&L changes and financial exposure modelling are understood
  • Preparation of monthly IFRS complaint portfolio valuations, with full explanation of any variances to the daily Economic P&L, ensuring understanding of the appropriate accounting frameworks
  • Implementation and administration of the daily Independent Price Verification (IPV) and settlement curve integrity processes
  • Create and prepare periodic and ad-hoc valuation reports for senior management (weekly and monthly valuation reporting, IFRS Risks analysis, Economic vs IFRS valuation differences)
  • Conduct any ad-hoc/one-off portfolio analysis upon both the Front Office or any other Support Function requests with regard to both the economic and IFRS valuation impact of a new commercial transactions/hedging strategies
  • Develop, implement and maintain the Product Control reporting framework within the SEFE M&T policies, supporting the development of these policies as necessary

Systems Development:

  • Contribute to the Operational Readiness process for the trading of a new product and/or the execution of a new bespoke complex structured transaction, ensuring relevant aspects of the DLC are adhered to
  • Design, specify and UAT any functionality delivered through systems development and enhancement. Regularly review the existing Reporting & Control system in the light of the ever-changing nature of the portfolio and external market conditions
  • Proactively identifying and prioritising both IT supported initiatives / end user tactical solutions to improve team efficiencies and reduce operational risk and controls
  • Sound knowledge of Middle Office best practices across the Deal Lifecycle, with experience in commodity valuations
  • Conduct high-calibre deliveries in a timely manner in a fast-growing working environment; particularly fostering feasible albeit robust solution to problems within the imparted timeline;
  • Manage stakeholder’s expectations, particularly to develop and maintain trust and close partnership with both the Front Office and other Support Functions;
  • Strong verbal/written communication skills, with the ability to present complex concepts in a simple and immediately understandable way tailored to the audience;
  • Very good analytical skills to review/assess a standalone complex structured transaction and/or a large trading portfolio;
  • Be a high-calibre performer with a proven track record of significant deliveries through innovative thinking

What you’ll bring to the role?

  • Prior experience in a Middle Office role, environment dealing with reporting, controls and systems development;
  • Good understanding of the energy commodity market, with prior expertise in one or more asset in this list is preferred; Natural Gas and Power
  • Experience in commodity valuations, across both linear structures and non-linear products (Vanilla Options, Storage, Transportation) is preferred
  • Excellent Excel skills; Experience in VBA/SQL/Python or any other programming language is a preferential

Our offer to you

In return we offer a competitive starting salary supported by a comprehensive, and broad reaching benefits package which includes

  • bonus earning potential
  • non-contributory pension
  • 25 days holiday plus bank holidays and volunteering days
  • buy / sell holidays
  • life assurance
  • medical and dental insurance
  • range of optional flexible benefits

Who are we?

As an integrated midstream energy company headquartered in Berlin, SEFE Securing Energy for Europe ensures the security of energy supply in Europe and drives the green energy transformation. SEFE is active in trading & portfolio management, sales, transportation, and storage of energy, and has its strongest presence in Germany and the UK. SEFE employs around 1,500 people and supplies over 50,000 customers in various European markets, from small businesses to municipal utilities, regional gas suppliers, industrial companies, power plants and multinational organisations. With a sales volume of around 200 TWh of power and gas, SEFE plays a central role in the stability of the energy supply in Europe. SEFE is owned by the Federal Government of Germany.

#J-18808-Ljbffr

  • London, United Kingdom Charles Levick Limited Full time

    An international commodities trading firm have recently appointed one of the most formidable leaders in the energy industry to spearhead a £10bn overhaul of the organisation and accomplish the firm’s mission to secure natural gas and power supplies for Europe via the London trading desk.Apply below after reading through all the details and supporting...


  • London, United Kingdom Charles Levick Limited Full time

    An international commodities trading firm have recently appointed one of the most formidable leaders in the energy industry to spearhead a £10bn overhaul of the organisation and accomplish the firm’s mission to secure natural gas and power supplies for Europe via the London trading desk. The team are looking for a Middle Office Analyst to focus on the...


  • London, United Kingdom Charles Levick Limited Full time

    An international commodities trading firm have recently appointed one of the most formidable leaders in the energy industry to spearhead a £10bn overhaul of the organisation and accomplish the firm’s mission to secure natural gas and power supplies for Europe via the London trading desk. The team are looking for a Middle Office Analyst to focus on the...


  • London, United Kingdom Charles Levick Limited Full time

    Job DescriptionAn international commodities trading firm have recently appointed one of the most formidable leaders in the energy industry to spearhead a £10bn overhaul of the organisation and accomplish the firm’s mission to secure natural gas and power supplies for Europe via the London trading desk.The team are looking for a Middle Office Analyst to...

  • Middle Office Analyst

    38 minutes ago


    London, United Kingdom Charles Levick Limited Full time

    Job Description An international commodities trading firm have recently appointed one of the most formidable leaders in the energy industry to spearhead a £10bn overhaul of the organisation and accomplish the firm’s mission to secure natural gas and power supplies for Europe via the London trading desk. The team are looking for a Middle Office Analyst...


  • London, United Kingdom eFinancialCareers Full time

    Middle & Back Office Analyst Permanent London £60,000 - £62,000 per annum The Responsibilities of a Middle & Back Office Analyst will Include: - Assist with the day to day running of the Middle and Back office (Operations, Treasury and Fund Accounting). - Manage queries from internal and external parties. - Be an escalation point for junior team...


  • Greater London, United Kingdom Charles Levick Limited Full time

    An international commodities trading firm have recently appointed one of the most formidable leaders in the energy industry to spearhead a £10bn overhaul of the organisation and accomplish the firm’s mission to secure natural gas and power supplies for Europe via the London trading desk.The team are looking for a Middle Office Analyst to focus on the...


  • Greater London, United Kingdom Charles Levick Limited Full time

    An international commodities trading firm have recently appointed one of the most formidable leaders in the energy industry to spearhead a £10bn overhaul of the organisation and accomplish the firm’s mission to secure natural gas and power supplies for Europe via the London trading desk.The team are looking for a Middle Office Analyst to focus on the...


  • Greater London, United Kingdom Charles Levick Limited Full time

    An international commodities trading firm have recently appointed one of the most formidable leaders in the energy industry to spearhead a £10bn overhaul of the organisation and accomplish the firm’s mission to secure natural gas and power supplies for Europe via the London trading desk.The team are looking for a Middle Office Analyst to focus on the...


  • Greater London, United Kingdom Charles Levick Limited Full time

    An international commodities trading firm have recently appointed one of the most formidable leaders in the energy industry to spearhead a £10bn overhaul of the organisation and accomplish the firm’s mission to secure natural gas and power supplies for Europe via the London trading desk.The team are looking for a Middle Office Analyst to focus on the...


  • Greater London, United Kingdom Charles Levick Limited Full time

    An international commodities trading firm have recently appointed one of the most formidable leaders in the energy industry to spearhead a £10bn overhaul of the organisation and accomplish the firm’s mission to secure natural gas and power supplies for Europe via the London trading desk. The team are looking for a Middle Office Analyst to focus on the...


  • London, United Kingdom TrailStone Group Full time

    About the RoleRead the overview of this opportunity to understand what skills, including and relevant soft skills and software package proficiencies, are required.We are looking for a Senior Middle Office Analyst to join our growing global Finance team, based in our London office. This Analyst will be focused on our UK & European trade operations for Gas &...

  • Middle Office Analyst

    2 weeks ago


    London, United Kingdom Trailstone Group Full time

    About the Role We are looking for a Senior Middle Office Analyst to join our growing global Finance team, based in our London office. This Analyst will be focused on our UK & European trade operations for Gas & Power markets as a priority, whilst providing ad-hoc support to our North American Trade Control team. As a hybrid role, there is an expectation...

  • Middle Office Analyst

    2 weeks ago


    London, United Kingdom Trailstone Group Full time

    About the Role We are looking for a Senior Middle Office Analyst to join our growing global Finance team, based in our London office. This Analyst will be focused on our UK & European trade operations for Gas & Power markets as a priority, whilst providing ad-hoc support to our North American Trade Control team. As a hybrid role, there is an expectation...


  • London, United Kingdom TrailStone Group Full time

    About the RoleRead the overview of this opportunity to understand what skills, including and relevant soft skills and software package proficiencies, are required.We are looking for a Senior Middle Office Analyst to join our growing global Finance team, based in our London office. This Analyst will be focused on our UK & European trade operations for Gas &...


  • London, United Kingdom Trailstone Group Full time

    About the Role We are looking for a Senior Middle Office Analyst to join our growing global Finance team, based in our London office. This Analyst will be focused on our UK & European trade operations for Gas & Power markets as a priority, whilst providing ad-hoc support to our North American Trade Control team. As a hybrid role, there is an expectation...


  • London, United Kingdom Trailstone Group Full time

    About the Role We are looking for a Senior Middle Office Analyst to join our growing global Finance team, based in our London office. This Analyst will be focused on our UK & European trade operations for Gas & Power markets as a priority, whilst providing ad-hoc support to our North American Trade Control team. As a hybrid role, there is an expectation...


  • London, United Kingdom Trailstone Group Full time

    We are looking for a Senior Middle Office Analyst to join our growing global Finance team, based in our London office. This Analyst will be focused on our UK & European trade operations for Gas & Power markets as a priority, whilst providing ad-hoc support to our North American Trade Control team. As a hybrid role, there is an expectation to average...


  • London, United Kingdom Trailstone Group Full time

    Job DescriptionAbout the RoleWe are looking for a Senior Middle Office Analyst to join our growing global Finance team, based in our London office. This Analyst will be focused on our UK & European trade operations for Gas & Power markets as a priority, whilst providing ad-hoc support to our North American Trade Control team.As a hybrid role, there is an...

  • Middle Office Analyst

    3 weeks ago


    London, United Kingdom Trailstone Group Full time

    About the RoleWe are looking for a Senior Middle Office Analyst to join our growing global Finance team, based in our London office. This Analyst will be focused on our UK & European trade operations for Gas & Power markets as a priority, whilst providing ad-hoc support to our North American Trade Control team.As a hybrid role, there is an expectation to...