Middle Office Analyst

elouisehetrick
  • Post Date: March 14, 2022
  • Applications 0
  • Views 655
Job Overview

Finance

We are looking for a motivated and eager candidate with a keen interest in the commodity trading and derivative environment to join the Finance Middle Office team.

Daily reporting:

Daily P/L reporting per desk, including attribution and commentary

Daily position reporting per desk, including attribution and commentary
Actualisation review

Structure deal economics:

Review and validation of initial deal economics including model integrity, accuracy and completeness

Structured deal performance review and reporting

Scenario analysis

Working Capital Management:

Intra-month analysis of working capital optimization, including forward exposure

End to end management of receivables discounting programs and bilateral financing, in collaboration with Operations, as well as Finance and Credit Risk departments

Prepare detailed working capital reporting and analysis on a monthly basis, in collaboration with Trade Accounting

Deal entry validation:

Validate physical commodity deal entry against business confirmations and signed contracts, in close coordination with the front office

Validate physical commodity deal amendments against signed contract amendments, in close coordination with the front office

Controlling:

Support Corporate Finance Operations with the daily resolution of broker reconciliation breaks

Validate Over the Counter ‘OTC’ deal entry against business confirmations and signed contracts, in close coordination with the front office

Validate OTC amendments against signed deal amendments, in close coordination with the front office

Follow up on unconfirmed deals, pending OTC deal finalisation and signature and/or amendments/signature in close coordination with the front office

System administration:

Daily price curve validation against market data

Portfolio structure management

Trade master data management

Price curve modelling

Model and back test price curves for illiquid markets including premiums

Projects:

Daily position and P/L process and systems review and standardisation

In collaboration with other middle office teams and functions, identify and implement middle office best practice including processes and internal controls

Contribute to the design and testing of automated middle office functionality and controls

Our ideal person:

Adaptable, dynamic and organised with a positive and enthusiastic attitude

Good communicators, that Interact well within a team and actively manage expectations

Take initiative in resolving issues in a structured methodical manner

Have a strong sense of responsibility and ownership, and are attentive to detail, in a fast-moving environment.

Minimum requirements:

Background in Finance with middle office experience in a commodity trading or financial institution

Chartered Accounting qualification with “Big Four” articles experience, or a master’s degree in Finance

Working knowledge of commodity trading systems and ERP integration

Advanced knowledge of MS Office tools, especially Excel

Advanced English language ability, both written and spoken

Keen interest in trading, derivatives, business process automation, internal control, efficiency and improvement

Job Detail
  • Offerd Salary120,000 CHF
  • Career LevelOthers
  • Experience4 Years
  • GenderBoth
  • INDUSTRYBanking
  • QualificationMaster’s Degree
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