Job Description

You are responsible for the validation and publication of a Trading Profit and loss for every trading desk on a daily basis. This will include agreement with the trading desk and a written explanation of the P&L movement

Other responsibilities of the Department include:

• Curve Validation to external sources
• Monitor Futures reconciliations
• Monitor Inter-company Balances
• Various month end reports and reconciliations for Financial Control and Treasury
• Prepare Daily summary of price moves

The candidate will work within the Product Control team and will be responsible for the P&L production for specific business units, consisting of a variety of commodities and products including complex options and long dated trades. They will interact with Front Office and other departments on a daily basis to ensure P&Ls are accurately reported and key market drivers are understood.

The candidate will be required to control and monitor reserve processes, perform monthly volatility testing monthly and demonstrate flexibility to produce ad hoc reporting, working to tight deadlines.

They will also produce some month end and audit deliverables and in time be expected to work on small ad hoc projects to help the wider team and/or push the business forward.

Hours of work:

• 8.30am – 5.30pm / 40 hours per week, Monday to Friday

Required Knowledge, Skills, and Abilities

• A background in middle office/product control/risk management within energy trading/investment banking.
• Minimum of 2 year’s experience of profit & loss analysis.
• Knowledge of commodities required.
• Knowledge of derivatives, including options, swaps and futures required.
• Strong academic background with a degree ideally in a quantitative subject.
• Accounting Qualification (or Part Qualified) desirable or equivalent experience
• Knowledge of Excel VBA desirable
• Strong excel skills is essential
• High level numerical skills essential
• Good communication and stakeholder management skills
• Excellent analytical skills
• Good attention to detail
• Ability to work under pressure without compromising the quality of deliverables.
• Adaptable
• Proactive