Middle Office Manager

3 days ago


London, UK, United Kingdom Refined Search Full time

Middle Office OTC Options role for former Options Trader

Our client is a leading global energy and commodities firm with an international reputation for integrity developed over decades. Our client’s global breadth and reach provide a competitive presence in a comprehensive range of commodity markets, enriched by the firm’s employees who add deep insight, expertise and innovative thinking.

Due to the nature of our client’s fast-expanding OTC Commodity Options portfolios, their current middle office team need to hire an OTC Options specialist, to be based in London or Geneva.


Responsibilities

• Reconciliation of daily P&L outs between trader estimate and actual P&L run, with specific responsibilities for growing complex options exposure

• Provide adhoc PnL summary to traders (including but not limited to mtm-and position change)

• Publishing daily P&L reports to traders and upper management

• Accurate trade entry into trading systems.

• Timely trade amendments

• Reconciling daily prices from multiple sources, such as Morningstar, Platts, trader derived marks, etc.

• Updating/ maintaining trading system reference data, from book reporting structure to instrument creation

• Provide thorough and accurate daily pnl commentary based on PnL movements


Required Qualifications

• Significant OTC commodity options experience

• Extremely detail oriented

• Ability to work well in group environment – this is a collaborative team that shares responsibility across all business lines

• Advanced Excel skills preferred - Candidates, must have demonstrated mastery of analyzing large raw sets of data using the following tools: Pivot tables, vlookups, hlookups, formulas (sumifs, etc.), and manipulating and building VBA macros

• Other coding (like SQL, Python) is a plus

• Allegro system experience a plus

• Ability to prioritize daily tasks according to business need, in collaboration with team members


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