Business Analyst/ Commodity trading

Reference:
VAC-9
Sector:
Energy Trading & Supply
Salary:
Salary negotiable
Benefits:
excellent, above market rate
Contract Type:
Permanent

Key Job Responsibilities for this position:

  • Inputs Trade data into the Trade Capture System (Solarc RightAngle / SRA) and verifies trade entered by traders 
  • Maintains and updates SRA as cargo status changes
  • Runs daily reports and ensure correct Mark to Market
  •  Provides explainers to Risk for portfolio MTM moves
  •  Initiates portfolios and retires inactive and closed portfolios in conjunction with accounting and compliance
  •  Liaise with Risk control with regard to the introduction of new risk markets, commodities and counterparties within (SRA) 
  • Reconcile exchange future data with back-office and SRA to ensure accuracy
  •  Update cargo data for hedging on the hedging schedule and whiteboards 
  • Assists traders with other ad hoc tasks and projects 
  • Coordinate with the gathering of documentation for bi-annual SOX testing
  • Prepares weekly/monthly input into earnings forecasts, variance explanations, and reconciles discrepancies with accounting
  • Understands the basics of Supply function and is able to answer calls and respond to pricing, earnings, and other inquiries from our customers, accounting, and other groups
  • Tracks futures contracts execution and other hedging programs Required (Basic) Qualifications:
  • A Bachelors degree (or equivalent) is preferred
  • An understanding of trading terminology, market exposure and the impacts of changes in market moves to these exposures would be advantageous • Fully conversant with Trade Capture System - preferably Solarc RightAngle
  • Excellent PC skills, with the ability to extract raw data and utilise within spreadsheets and databases
  • Capable of analysing problems in a logical manner and recommending solutions
  •  A self-motivated, enthusiastic, high-energy individual with good interpersonal and communication skills
  • Ability to work within a dynamic and diverse team
  • Must possess the ability to work under pressure