Trade Control

2 weeks ago

London, United Kingdom INEOS Energy Full time
Job Description

At INEOS Energy we produce and trade oil, gas, and low carbon commodities. INEOS Energy Trading (IET) is responsible for marketing the oil, condensate and gas from the US equity fields and the gas production from our upstream assets in the North Sea and also provides access to market for its internal businesses in countries across Europe with a significant overall energy demand. We also have a team of traders who optimise the equity flows by establishing trading strategies in gas, oil, refined products and emission allowances.

Based in London, reporting to the Director of Risk for INEOS Energy Trading Ltd, as the Trade Control Manager you will be responsible for the control and reporting functions for the INEOS Energy Trading businesses globally (Europe and US currently) producing management information over trading performance and involved in delivery of a full suite of trading risk controls measures (market, credit, and cash risk) against agreed benchmarks.

You will be responsible for adherence to well defined trade controls within a strict framework of delegated authorities and for ensuring data integrity and systems (Allegro/Horizon/FEA) for all existing and developing exposure management and entrepreneurial trading activities based in Hans Crescent.

Responsibilities & Accountabilities

  • Ensure the trading control environment is robust, policies are adhered to and resources / skill sets are appropriate.
  • Lead and/or support systems for the control function with respect to exposure management and MI systems.
  • Lead and manage Trade Control team members for Global Trade Control activities
  • Manage trade control systems where we use Allegro/Horizon/FEA
  • Ensure paper trading activity is settled promptly and sure profits are allocated to correct profit centres within results.
  • Supervise daily/weekly/monthly trading exposure and daily profit & loss reporting. Supervise KPI calculation and ensure reporting deadlines are met.
  • Ensure reconciliation of management information to financial accounts is completed and issues are addressed.
  • Set up new exposure management or entrepreneurial trading books as required.
  • Support new business activities and ensure trade control aspects are covered in the assurance process. Provide project resource to set up new trade control processes as required.
  • Provide risk analysis in assessing new trading strategies, trading limits, neutral stocks and other business assessment of risk.
  • Provide leadership within the Mid Office team and manage resource requirements.
  • Act as the focal point between office functions and support other parts of the business when required with technical and commercial knowledge.

Skills & Knowledge Required

Education/Experience

  • Financial or STEM qualification.
  • Proven track record in trading or control/risk
  • Previous team leader experience is preferable.
  • Understanding of the commodities trading industry, markets, products, and exchanges.
  • Proven experience in compliance and assurance.
  • Understanding of accounts and accounting procedures (accrual and mark to market).
  • Experience of control and assurance.

Behavioural Skills

  • Ability to challenge sensitive issues constructively whilst maintaining strong working relationships.
  • Proactively identify and communicate potential issues with the appropriate teams or stakeholders. Make sure problems raised are followed up and worked on until completion.
  • Be versatile and enjoy working within a team environment.
  • High energy levels and a hands-on approach.
  • Highly driven, determined & hard working – able to deliver against tight deadlines.
  • Excellent people skills to interact with external and internal contacts both at executive level and a technical level.
  • Excellent verbal, written and presentation communication skills.
  • A critical and strategic thinker

WHAT WE OFFER

  • Salary, bonus & pension
  • Benefits including health, dental, car and bike schemes
  • Onsite gym with an active internal sports department
  • Range of staff discounts on INEOS products and partnerships.
  • Excellent career prospects in fast growing energy team

  • Trade Controller

    5 days ago

    London,, UK, United Kingdom Richard James Recruitment Specialists Ltd Full time

    Working within an entrepreneurial Energy Trading company the Trade/Product Control Analyst will work closely with the traders, operators and finance departments in system implementation, daily P&L, exposure and risk metric production for the Energy business generating management information measuring trading exposures, hedging performance and development and...

  • Trade Controller

    2 weeks ago

    London, United Kingdom Richard James Recruitment Specialists Ltd Full time

    Working within an entrepreneurial Energy Trading company the Trade/Product Control Analyst will work closely with the traders, operators and finance departments in system implementation, daily P&L, exposure and risk metric production for the Energy business generating management information measuring trading exposures, hedging performance and development and...

  • Trade Controller

    4 weeks ago

    London, United Kingdom Richard James Recruitment Specialists Ltd Full time

    Job DescriptionWorking within an entrepreneurial Energy Trading company the Trade/Product Control Analyst will work closely with the traders, operators and finance departments in system implementation, daily P&L, exposure and risk metric production for the Energy business generating management information measuring trading exposures, hedging performance and...

  • Trade Controller

    2 months ago

    London, United Kingdom Richard James Recruitment Specialists Ltd Full time

    Working within an entrepreneurial Energy Trading company the Trade/Product Control Analyst will work closely with the traders, operators and finance departments in system implementation, daily P&L, exposure and risk metric production for the Energy business generating management information measuring trading exposures, hedging performance and development...

  • Trade Controller

    5 days ago

    London, United Kingdom Richard James Recruitment Specialists Ltd Full time

    Working within an entrepreneurial Energy Trading company the Trade/Product Control Analyst will work closely with the traders, operators and finance departments in system implementation, daily P&L, exposure and risk metric production for the Energy business generating management information measuring trading exposures, hedging performance and development and...

  • Trade Controller

    2 months ago

    London, United Kingdom Richard James Recruitment Specialists Ltd Full time

    Working within an entrepreneurial Energy Trading company the Trade/Product Control Analyst will work closely with the traders, operators and finance departments in system implementation, daily P&L, exposure and risk metric production for the Energy business generating management information measuring trading exposures, hedging performance and development and...

  • Trade Controller

    2 months ago

    London, United Kingdom Richard James Recruitment Specialists Ltd Full time

    Working within an entrepreneurial Energy Trading company the Trade/Product Control Analyst will work closely with the traders, operators and finance departments in system implementation, daily P&L, exposure and risk metric production for the Energy business generating management information measuring trading exposures, hedging performance and development...

  • Trade Controller

    5 days ago

    London, United Kingdom Richard James Recruitment Specialists Ltd Full time

    Working within an entrepreneurial Energy Trading company the Trade/Product Control Analyst will work closely with the traders, operators and finance departments in system implementation, daily P&L, exposure and risk metric production for the Energy business generating management information measuring trading exposures, hedging performance and development...

  • Trade Controller

    1 day ago

    London, United Kingdom Richard James Recruitment Specialists Ltd Full time

    Working within an entrepreneurial Energy Trading company the Trade/Product Control Analyst will work closely with the traders, operators and finance departments in system implementation, daily P&L, exposure and risk metric production for the Energy business generating management information measuring trading exposures, hedging performance and development...

  • Trade Controller

    1 month ago

    London, United Kingdom Richard James Recruitment Specialists Ltd Full time

    Working within an entrepreneurial Energy Trading company the Trade/Product Control Analyst will work closely with the traders, operators and finance departments in system implementation, daily P&L, exposure and risk metric production for the Energy business generating management information measuring trading exposures, hedging performance and development and...

  • Trade Controller

    14 hours ago

    London, United Kingdom Richard James Recruitment Specialists Ltd Full time

    Working within an entrepreneurial Energy Trading company the Trade/Product Control Analyst will work closely with the traders, operators and finance departments in system implementation, daily P&L, exposure and risk metric production for the Energy business generating management information measuring trading exposures, hedging performance and development and...

  • On Trade Controller

    14 hours ago

    London, United Kingdom Corecruitment International Full time €70,000

    Job Description On Trade Controller – Premium Gin Brand – Nationwide – Up to £70k My client is an established and highly recommended Premium Spirit brand taking over the industry. This company was founded by a well-known personality and boasts a fantastic range of products, a truly incredible liquid and an exciting sustainability message. The...

  • On Trade Controller

    1 day ago

    London, United Kingdom Corecruitment International Full time €70,000

    Job Description On Trade Controller – Premium Gin Brand – Nationwide – Up to £70k My client is an established and highly recommended Premium Spirit brand taking over the industry. This company was founded by a well-known personality and boasts a fantastic range of products, a truly incredible liquid and an exciting sustainability message. The...

  • Trade Controller

    1 month ago

    London Area, United Kingdom Richard James Recruitment Specialists Ltd Full time

    Working within an entrepreneurial Energy Trading company the Trade/Product Control Analyst will work closely with the traders, operators and finance departments in system implementation, daily P&L, exposure and risk metric production for the Energy business generating management information measuring trading exposures, hedging performance and development and...

  • Trade Controller

    2 months ago

    London Area, United Kingdom Richard James Recruitment Specialists Ltd Full time

    Working within an entrepreneurial Energy Trading company the Trade/Product Control Analyst will work closely with the traders, operators and finance departments in system implementation, daily P&L, exposure and risk metric production for the Energy business generating management information measuring trading exposures, hedging performance and development and...

  • Trade Controller

    1 month ago

    London Area, United Kingdom Richard James Recruitment Specialists Ltd Full time

    Working within an entrepreneurial Energy Trading company the Trade/Product Control Analyst will work closely with the traders, operators and finance departments in system implementation, daily P&L, exposure and risk metric production for the Energy business generating management information measuring trading exposures, hedging performance and development and...

  • On Trade Controller

    4 days ago

    North London, United Kingdom Corecruitment International Full time €70,000

    On Trade Controller – Premium Gin Brand – Nationwide – Up to £70k My client is an established and highly recommended Premium Spirit brand taking over the industry. This company was founded by a well-known personality and boasts a fantastic range of products, a truly incredible liquid and an exciting sustainability message. The presence of this...

  • On Trade Controller

    7 days ago

    Barnet, Greater London, United Kingdom Corecruitment International Full time €70,000

    On Trade Controller – Premium Gin Brand – Nationwide – Up to £70k My client is an established and highly recommended Premium Spirit brand taking over the industry. This company was founded by a well-known personality and boasts a fantastic range of products, a truly incredible liquid and an exciting sustainability message. The presence of this product...

  • On Trade Controller

    7 days ago

    Barnet, Greater London, United Kingdom Corecruitment International Full time €70,000

    On Trade Controller – Premium Gin Brand – Nationwide – Up to £70k My client is an established and highly recommended Premium Spirit brand taking over the industry. This company was founded by a well-known personality and boasts a fantastic range of products, a truly incredible liquid and an exciting sustainability message. The presence of this product...

  • Risk & Regulatory Reporting Controller

    2 days ago

    London, United Kingdom Allianz Trade Full time

    We are currently looking for a Risk and Regulatory Reporting Controller to join our Canary Wharf based Finance team. The role: - Responsible for the provision of accurate and timely data / calculations and qualitative information to the UK Regulator as well as responding to ad hoc requests. - Lead the delivery of key risk controlling tasks within the local...