Main duties include, but are not limited to:
* Preparing and assisting in the daily P&L and position reports for multiple businesses, specifically within
the North American physical and financial Power & Gas markets.
* Performing daily reconciliations of trades and positions.
* Acting as a liaison between the trading desks, ISOs, and FCMs.
* Managing static data setups for internal systems (products, prices, etc.).
* Reconciling exchange and index curves against 3rd party systems to internal.
* Commenting daily on P&L movements and explaining and critiquing the major positions and risks taken
by the desk.
* Reconciling internal systems versus external counterparties.
* Pricing Futures, Options, and Physical Power & Gas products.
* Liaising with different stakeholders (market risk, ALM, operations, finance, IT, business managers),
serving as the main reference point for several aspects related to these businesses.
* Proactively engaging in internal projects to enhance processes and controls.
* Ensuring that processes are continually reviewed and improved, risks are managed, and results meet
expectations.
Qualifications Required
* University degree.
* Minimum of 4-5 years of experience within a commodities trading environment, specifically in Physical
North America Power & Gas.
* Knowledge of some or all exchanges: CME, ICE, NODAL, and NGX.
* Working knowledge of ISO operations and the markets they administer (PJM, MISO, CAISO, NYISO,
SPP, etc.).
* Previous understanding of financial derivatives (futures and options) and physical power and gas.
* Familiarity with trade flow at commodity exchanges.
* Proficiency in Excel is a must. Other programming skills, such as VBA, Python and SQL, are an asset.
* Knowledge about risk management (VaR, drawdown, Greeks) is an asset.
* Familiarity with the following applications is a plus: Bloomberg, Morningstar, SAP.
* Proactive and self-directed.
* Good interpersonal and teamwork skills with the ability to develop solid working relationships across
functions.
What we offer
* Competitive compensation and participation in discretionary bonus plan.
* 20 days of annual holiday entitlement, excluding US public holidays.
* Robust benefits package such as Medical, Dental, Vision, Life insurance, 401k match, and supplemental
benefits partially subsidized by the Company.
* Eligibility to receive external and internal training in accordance with our Training & Development
Polic
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Middle Office Analyst
- Location Houston
- Job type Permanent
- Salary US$130000 - US$165000 per year
- Discipline Commodities
- Reference PR/523591_1737987224