We are seeking a detail-oriented and commercially minded Middle Office Analyst to support our clients oil trading operations. The role sits at the core of the trading business, ensuring accurate position management, P&L reporting, exposure analysis, and performance tracking across physical and paper trading activities.
Key Responsibilities:
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Validate and reconcile daily trading positions, P&L, and exposures across crude and refined products.
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Monitor and explain daily P&L movements, ensuring accuracy of mark-to-market valuations and timely reporting to traders and management.
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Work closely with front office, risk, finance, and operations teams to ensure proper trade capture and data integrity.
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Reconcile trade bookings, pricing, and costs in the ETRM system; resolve discrepancies in coordination with traders and back office.
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Support development of hedging and risk management processes, including VaR, delta exposure, and scenario analysis.
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Ensure trades comply with internal policies, credit limits, and market risk frameworks.
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Assist with monthly and quarterly reporting, audit preparation, and management presentations