Commodities Trade Controller (Oil) recruitment
The Trade Controller is responsible for operation of key trading controls and provision of management information detailing trading performance.
Responsibilities Accountabilities
Back-up for Existing Analysts
• Calculating and reporting daily exposure and profit and loss for the use of traders and management
• Analysing the daily exposure and PL movements and discussing with traders and management
• Independently assessing PL performance and writing daily control commentary explaining performance
• Monitoring and ensuring compliance with control policies, standards and Ineos trading authority limits
• Reconciling (min. monthly) physical stock to trading position
• Providing an independent check of market valuation
• Assisting in the resolution of financial closing issues
• Calculating the monthly commercial performance results and preparing the monthly commercial performance presentation for management
• Calculating the daily “cost of carry” PL measuring trader balance sheet usage
• Delivering the weekly cash forecast for derivatives
Skills Knowledge Required
• Product Control experience in a commodities environment is essential
• Oil industry experience is highly desirable
• Accounting background (will consider non-qualified, PQ and qualified depending on experience)
Please contact Lucy Kratky on L.kratky@mcpartners.co.uk