P&L Analyst

2 months ago


London, UK, United Kingdom Taylor Root Full time

Department:

The Middle Office at our organization is a multi-disciplinary function responsible for P&L production, market risk, and credit risk management.


Position Purpose/Responsibilities:

The successful candidate will be responsible for:

  • Producing daily P&L reports and consolidating trade book reports, ensuring precision, consistency, and integrity.
  • Resolving P&L-related queries from traders or other departments.
  • Raising queries to traders regarding unclear booking changes or business practices.
  • Assessing the impact of deal changes or bookings on different departments.
  • Validating physical commodity (LNG, Gas, and Coal) and derivative deal entries for accurate valuation within our ETRM system.
  • Maintaining price curves and associated calendars.
  • Understanding the funding requirements for futures and forwards and their impact on stakeholders.
  • Managing relationships with clearing brokers and clearing banks.
  • Monitoring trading activity and reporting any unusual activities.
  • Supporting market and credit risk monitoring.
  • Calculating the impacts of interest rates (IR) and foreign exchange (FX) on P&L, collaborating with the Treasury team to ensure expected impacts and proper hedging.
  • Assisting Finance in month-end financial closing processes and explaining provision requirements.
  • Preparing summary reports (e.g., weekly, monthly) on key analytics.
  • Collaborating with teams in London to enhance task value and gain insights for colleagues overseas
  • Proposing and implementing innovative, accurate, and efficient processes and calculation methods.
  • Managing contract and confirmation processes for financial trades.


Qualifications:

  • Experience: At least 3 to 5 years of experience within an energy or commodity trading environment.
  • Education: Degree in Economics, Finance, or a related quantitative field.


Soft Skills:

  • Confident and clear communication style with the ability to deliver ideas, seek clarification, and challenge non-compliant practices.
  • Attention to detail under pressure, with the ability to work logically, quickly, and accurately on multiple tasks.
  • Comfortable handling large data sets and effectively presenting analysis to management.
  • Commercial awareness and an adaptive approach to problem-solving, with the ability to work effectively in a culturally diverse team.
  • Capable of working autonomously, organizing workloads, and managing expectations for the front office.


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