Commodities Confirmations Analyst recruitment
An excellent opportunity has arisen with a leading energy trading house which is currently expanding its Middle Office team to include an analyst level position responsible for Trade Confirmations.
The Middle Office function is made up of a small multi-disciplinary team which is responsible for PnL, Ops Risk and Trade Confirmations etc. Working as part of this team the successful candidate will take care of Trade Confirmations of all confirmable deals covering a variety of products including Coal and Freight.
Responsibilities
- Ensure that all generated confirmations are despatched in a timely basis.
- Ensure that all in-bound broker and counterparty confirmations are checked against records
- Ensure that all 'out trades' are recorded and that an incident report is written up and circulated
- Ensure that all outstanding confirmations are chased directly with the counterparty
- Ensure that all risk items are prioritised
- To be in a position to demonstrate/detail actions taken on all unconfirmed positions to allow Management to accurately assess risk and to escalate situations with The Front Office.
- Production of daily confirmation MIS, with analysis of mismatch issues.
- Establish key relationships with other counterparties brokers
- Analyse develop team procedures in line with market requirements
- Provide operational support (following appropriate training) to other functions within the Middle Office
Candidate requirements
- A University Degree
- 2 - 3 years' experience in a trade support /operations role within a commodity trading house
- Knowledge of long form contracts for coal commodities is essential
- Strong numerical skills
- Strong system skills (including Excel/VBA)
- Strong written and verbal communication skills
- A flexible attitude to work duties
Singapore Employment Agency Licence No: 07C2942