Biofuels Trading Analyst

Group 29

Salary

COMPETITIVE

Stroke 1

Role Type

Contract

Group 7

Location

London, UK

Our client is a trader of Commodity and Energy products including, Oil, Gas, Power, LNG etc. based in Central London. The business continues to grow, and develop into exciting new products; offering new employees a very entrepreneurial, fast paced and changing environment to work in.

We are seeking an ambitious, self-motivated candidate, ideally with current experience directly supporting a Commodity trading team (Risk management, Risk Control, or other direct support function) in a trading organisation; to work directly within the Front Office supporting an Oil Products trading team.

The successful candidate will have a very good mathematical ability and strong Excel skills and you will be able to build strong relationships with the Front Office team.

You will provide analytical support and assist with understanding market fundamentals, collating MI and market reports, supporting trading strategies as well as monitoring exposure and p/l.

MAIN RESPONSIBILITIES:

  • Assist Traders across Trade Life Cycle.  Maintain and analyse Market / Trade/ Counterparty related knowledge and data. Support pre/post-trade checks & controls, ensuring all key documents are properly maintained and referenced.
  • Support the daily monitoring of position/ P&L across portfolios, analyse the imbalance and suggest corrective actions.
  • Facilitate/ support Supply Planning (Physical & Sustainability Certificates) by collating demand forecast, scheduled sales, stock position, scheduled supply, etc. Provide support to maximise Blending value.
  • Compile and analyse costs / performance KPIs across Trade Life Cycle

JOB RESPONSIBILITIES:

  • Collate market reports and analyse current demand/supply trends in support of the trading desks.
  • Review daily portfolio position and P&L. Analyse any imbalance/ discrepancy and escalate on required actions from responsible parties.
  • Analyse direct costs, review trends and forecast based on plan activities.
  • Perform groundwork supporting tender preparation and participation.
  • Support pre/post-trade checks & controls, ensuring all key documents are properly maintained and referenced.
    • Responsible to ensure counterparty readiness before loading, i.e., contracts in place/agreed, credit lines available to load / or financial tools required (opening LC’s etc)
  • Analyse Pricing data feeding to pricing models.
  • Facilitate/ support Supply Planning (Physical & Sustainability Certificates) by collating demand forecast, scheduled sales, stock position, scheduled supply, etc. Provide support to maximise Blending value.
  • Compile and analyse costs / performance KPIs across Trade Life Cycle.
  • Support any Management request for information.

EDUCATION, EXPERIENCE & QUALIFICATIONS REQUIRED:

  • Degree educated in a discipline with strong mathematic contents – mathematics / statistics / physics / computational engineering (advanced level / post BSc preferred) or equivalent.
  • Risk Analysis experience in a trading organisation (or other direct support function).
  • Tech-savvy – mandatory.
  • Knowledge on management, storage of data, market information, documentation – advantage.
  • Detailed and meticulous individual with high self-discipline and structure/logic, and curious minded person.
  • Excellent inter-personal skills.
  • Multi-tasking and proactive. Understand time sensitive tasks.

APPLY TODAY

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