Middle Office Manager
3 days ago
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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