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Latest Vacancies

Accounts/Ledger Clerk

Salary range: Up to 19k
Location: Maidstone ,Kent

This new role within our expanding financial services client includes:
• Managing petty cash
• Coding and inputting staff expenses
• Purchase and Sales Ledger: coding and posting invoices
• Processing claims payments
• Credit control
• Updating and maintaining accounting journals, ledgers and other records detailing financial business transactions
• Reconciliation of Bank Accounts

Personal Qualities & Key Skills
An interest in studying  , An understanding of nominal ledger accounting and a Competency in Microsoft applications including Word, Excel and Outlook

Accounts Assistant

Salary range: £18,000-£19,000
Location: Kingshill, Kent

The Accounts Assistant will perform a variety of general accounting support tasks, working as part of the Accounts team.

• To perform a variety of general accounting support tasks in an
accounting department including:
• Managing petty cash
• Coding and inputting staff expenses
• Purchase and Sales Ledger: coding and posting invoices
• Processing claims payments
• Credit control
• Updating and maintaining accounting journals, ledgers and other records
detailing financial business transactions
• Data input using defined computer programs
• Compilation of data and preparation of reports
• Reconciliation of Bank Accounts
• Other reconciliations as required
• Other ad hoc accounting duties as required

Personal Qualities & Key Skills
• AAT part qualified desirable
• An understanding of nominal ledger accounting
• Competency in Microsoft applications including Word, Excel and Outlook
• Motivated
• Well organised
• Good levels of initiative
• Able to prioritise
• Methodical
• Excellent attention to detail
• Knowledge of financial services is advantageous

Accountant and Office Manager Based Singapore

Salary range: $60,000-$80,000 SGD plus benefits and discretionary bonus
Location: Singapore

 

Our client ranks amongst the major oil and petroleum trading companies in the industry, who trade over 10 million barrels of futures and options contracts each day.

From oil and products trading to risk management, shipping management, operational and financial arrangements, customer satisfaction is the primary focus of every team within the business.

In geographical terms, the business coverage is extensive, contacts extend from the Americas and Northern and West Africa throughout the Mediterranean to the Middle and Far East.

Following an acquisition of an agricultural trading business in Singapore, with ambitions to extend trading activities to include oil products, the business is looking to hire an individual to carry out the following responsibilities;

• Accounting for our two Singapore based legal entities. One of which is a legacy entity which is slowly being wound down, the second of which is a sales office which recharges it’s costs on a cost-plus basis to the Cayman operating entity. Potential for this individual to also do the accounting for the Cayman entity.
• Handling potential AEPL legacy issues
• Transfer pricing to Cayman entity
• Bank reconciliations
• Treasury – margin calls for some trading accounts and local payments in Singapore
• Local Goods and Services Tax
• Office Admin – Booking flights, handling local office issues such as building management, etc.
• Management of local overhead costs
• Compliance / Government returns in Singapore.

Salary: 60,000 – 80,000 (SGD) + benefits + discretionary bonus

Contract Analyst- Oil

Salary range: To £60,000 + generous work/life benefits + final salary pension + bonus
Location: Central London

Our client is one of the world’s leading energy companies, with approximately 60,000 employees working in countries around the world. They explore, produce and transport crude oil and natural gas; refine, market and distribute fuels and other energy products; manufacture and sell petrochemical products; generate power; and develop future energy resources, including biofuels and geothermal energy.

Overview:

The Contracts and Master Data Management (MDM) groups manage and sustain core business services to the Supply & Trading organization. The global Contracts group, based in Houston, London and Singapore, supports contract requirements for the supply and trading business.

Responsibilities for this position may include but are not limited to:

  • Generate contracts/reviewing, understanding and drafting responses to contracts received from customers for our purchase of crude and products cargoes.
  • Incorporating trade economics, complex physical delivery clauses and legal terms.
  • Liaising with Traders/Trading Analysts to resolve trade discrepancies on a daily basis.
  • Liaise and negotiate agreeable contract terms with counterparts, state companies and partners.
  • Administer all contract work from initiation through to completion.
  • Review and recommend amendments to customers’ General Terms and Conditions (GT&C) as necessary.
  • Work closely with various departments such as Trading, Operations, Finance, Legal, Credit and Tax.
  • Support Natural Gas Europe (NGE) a section of GSAT in S&T, active in UK, Denmark & Netherlands.
  • Work in a fast moving commercial environment, agreeing priorities and workload in line with business needs and expectations.
  • Support the NGE Commercial team to negotiate and execute new gas contracts (EFET Master Agreement +Appendices, Gas Supply Agreements & Physical Swap Agreements).

Required Qualifications:

  • Experience of working in contracts for either Crude Oil and/or Product Cargoes in Europe ideally gained over 4+ years.
  • Experience of standard trading and/or contracts practices.
  • Understanding of Oil Majors GT&Cs and experience in reviewing counterparties’ GT&Cs/negotiating Side Letters.
  • Understanding of financial, operational and legal risks.
  • Experience in reviewing Tender documentation and good understanding of Incoterms (2000 & 2010) and transfer of title and risk.
  • Due to the size of the team, the candidate will need to be proficient within a short space of time with minimal training.
  • Knowledge and experience in Word and Outlook required.
  • Customer-focused with good planning and organizational skills.
  • A team player with strong interpersonal and motivational skills.
  • Knowledge of contracting standards and gas pipeline infrastructure network.
  • Excellent communication skills both written and verbally.
  • Proactive – Can do attitude.
  • Ability to meet tight deadlines.
  • Excellent attention to details.

Trade Control Analyst -Senior

Salary range: £35,000-£50,000,Plus Bonus and benefits
Location: London

ASSIGNMENT
This role is for Trade Control Analyst within the Middle Office (Trade Control) unit, involved in day-to-day trade control activities, particularly around oil trading activities.

The role will work closely with a number of other departments, in particular Front Office (FO), IT, Back Office (BO) and other departments. The Trade Control team performs daily price and transaction validation and controls activities and will work very closely with the Front Office and other streams within Middle Office, as well as other parts of the business.

MAIN JOB FUNCTION
The job holder will have a “transaction focus” to perform post-trade controls around the trading business. This ensures strong data integrity through daily validation of transactions, price verification, mandates control, market conformity controls, as well as working with internal and external audit teams to ensure full compliance with procedures.

KEY RESPONSIBILITY AREAS

• Being an independent and oversight function, perform all activities related to Physical Trade Control on Oil (Crude & Products).
• Carry out all SOX controls as foreseen by company’s policies & procedures by ensuring all daily, weekly, monthly and quarterly controls per RCM are appropriately and timely performed, documented and challenged, where necessary, with full audit trail. Ensure new controls are appropriately and timely implemented, where necessary.
• Perform daily validation of all new, modified and cancelled physical deals.
• Contribute in re-designing and automation of the whole physical trade control processes in particular:
o Implement automated controls, where possible, to guarantee timely and accurate validation workflow on physical transactions at T+1;
o Deep-dive into physical deal lifecycle and actively contribute in transformation of the whole workflow (in coordination with BO and other stakeholders) to make the processes robust, efficient & fit-for-purpose by achieving Straight-Through-Processing of deals.
o Enhancement of existing controls and implementation of new controls (where applicable)
o Transform all existing processes to leave better audit trail for traceability purposes.
• Contribute to the End of Day process in ETRM systems
• Provide support to the Month End processes in coordination with Finance, Accounting and BO;
• Contribute to Market Risk and Finance on new curves definition and implementation.
• Perform daily and monthly validation on market data (spot and forward curves, volatility curves)
• Act as dedicated MO interface with confirmation/ contracts/ operations Department;
• Perform checks on un-authorized trades and monitoring of mandates/limits (tenor/quantity/value etc.)
• Perform anti-fraud/surveillance controls on the traded prices and challenge FO, where necessary.
• Ensure all internal & external audit requests/issues are promptly addressed;
• Manage static data within the relevant system
• Build good working relationship with internal (FO, BO, Risk, IT, Finance, Sox, Audit, Compliance etc.) and relevant external stakeholders (auditors, clearers, brokers etc.).
• Monitor procedural compliance for the new Financial Regulations (EMIR/Dodd Franck) on first level control execution (reporting, reconciliation);
• Act as a back-up to cover other trade control members across Trade Control team
• Deal with ad hoc demands.

REPORTING RELATIONSHIPS

This position reports to the Trade Control Manager in London and includes the following interfaces:
INTERNAL – Front Office, Back Office, IT, finance, and other units on a daily basis;
EXTERNAL – Auditors, brokers, clearers etc.

CANDIDATE SPECIFICATIONS:

• Strong academic credentials with a numeracy-oriented specialization, preferably Finance or quantitative discipline;
• Experience in the middle office/product control/back office/risk management of the trading environment would be beneficial;
• Understanding of the commodities markets, preferably physical crude & products markets;
• Working knowledge of Microsoft Office suite and strong Excel skills are compulsory; whilst knowledge of macros and VBA would be beneficial;
• Analytical mind and problem solving approach;
• Controls oriented mind-set;
• Innovation, pro-activity and efficiency, dedication and result oriented approach to work;
• Organised with good attention to detail;
• Structured and logical;
• Good communication skills, with the ability to build and nurture effective relationships internally and externally;
• Flexibility and adaptability to work in rapidly changing environment, be self-disciplined and stress resilient;
• Good team worker and have an experience of working in an international and multi-location organization;

Senior Risk Analyst- Crude Oil

Salary range: £60,000-£70,000
Location: London

The Role

The crude & derivatives market risk team provides daily performance and market risk analysis for both physical crude and flow trading business and will work very closely with the traders and the other parts of the business. This is a pivotal team in this dynamic business and experience of this area could lead to a range of interesting and challenging career options in the trading and shipping business.

MAIN JOB FUNCTION

The team provides real-time front-line control and management information for management, and traders. This includes daily PNL & risk reporting, ad hoc risk analysis. The role also involves participating projects in improving the ETRM system. Because of the unique position of the team in the middle of commercial activities, the team will also support broader commercial activities.

KEY RESPONSIBILITY AREAS

• The main duties and responsibilities of the job holder are:
• Prepare and review of daily PNL and risk reports and follow up any issues with relevant teams;
• Ensure that all risk limits are adhered to and assist in implementing new limits when necessary;
• Assist in identifying the significant risk within the business, ensuring that they are transparent to senior management
• Maintain a good knowledge of the current physical crude market as well as the refinery system;
• Support front office in new products and non-standard products approval;
• Participate in enhancement and development of in ETRM systems;
• Assist in defining forward curve methodologies for accurate mark to market and fair value reporting;
• Contribute to the month and quarter-end activities with Back Office/Accounting for crudes and derivatives portfolios;
• Develop and maintain strong business relationship with different functions, e.g FO, BO, IT, Planning & Control;
• Strong daily cooperation with the Refined Products market risk team and promote knowledge sharing between teams
• Guarantee compliance for trading procedures with relevant controls and support when necessary internal and external audit requests;

REPORTING RELATIONSHIPS

• This position reports to the Oil Middle Office Manager and has the following main interfaces:
• INTERNAL: Front and Back Office, IT, other Middle Office units; Operations, Planning & Control, Finance;
• EXTERNAL: Brokers; relevant industry contacts

CANDIDATE SPECIFICATIONS

• University degree in economics, finance and / or engineering discipline;
• Relevant experience in a market risk role from trading companies or banks;
• Strong knowledge of derivatives trading;
• Strong knowledge of EMEA crude qualities (N Sea, Med & WAF);
• Advanced knowledge of risk metrics such as VaR, stress testing, scenario analysis;
• Knowledge of one or more of ETRM systems would be an advantage (Endur, Symphony by Amphora).
• Strong and solid knowledge of MS Office suite including excellent Excel and VBA skills, Matlab & SQL knowledge a plus;
• Ability to communicate concisely to senior management in Market Risk and to stakeholders;
• Highly organised, good attention to detail and ability to work with tight deadlines;
• Analytical mind and good numerical skills;
• Proactive and result oriented approach to work;
• Strong communication and interpersonal skills;
• Ability to build and nurture effective relationships internally and externally;
• Ability to mentor junior members and raise profile of the team;

Junior Market Risk Analyst

Salary range: £40,000-£50,000 plus benefits and bonuses
Location: London

One of the leading integrated energy companies with activities in exploration, production, transport, and marketing of oil and natural gas. The company has a market capitalisation of €66 billion and has a near €100bn turnover. It is not only a leading international upstream Company but also Europe’s largest natural gas Company. In November 2010, the client integrated its entire commodity trading activities into one Company, to create a leader in the global commodities trading arena. This entity will have a €40bn turnover and will become responsible for all the commodity trading.

ASSIGNMENT
This is a role for a risk analyst to join the Market Risk team. The role available is in the oil market risk team. The team provides daily performance and market risk analysis for both physical and financial crude and products trading business and will work very closely with the traders and the other parts of the business. This is a pivotal team in this dynamic business and experience of this area could lead to a range of interesting and challenging career options in the trading and shipping business.

KEY RESPONSIBILITY AREAS
• Prepare daily P&L, positions and risk reports to trading and
management.
• Improve existing processes in terms of timeliness and efficiency.
• Assist senior analysts in various market risk projects.

REPORTING RELATIONSHIPS

This position reports to the Market Risk Manager of the Risk Management & Middle Office
Department in London and includes the following interfaces.

• Internal – Front and Back Office, IT, other Middle Office units; Operations, Planning & Control, Finance.
• External – relevant industry contacts.

CANDIDATE SPECIFICATIONS

• Strong academic credentials with a numeracy-oriented specialization, preferably in Mathematics.
• Physics, Finance or quantitative discipline.
• Knowledge of the oil markets and relevant experience in trading environment are desired; physical oil experience is a plus.
• Understanding of risk management instrument/tools, and ability to explain and calculate MTM and exposures.
• Ability to understand and discuss VaR, Stress and Greeks assisting in commentary and development.
• Strong Excel skills with macros and VBA knowledge.
• Working experience with ENDUR desired.
• Analytical and detailed mind.
• Pro-activity and efficiency, dedication and result oriented approach to work.
• Organised with good attention to detail.
• Structured and logical.
• Good communication skills, with the ability to build and nurture effective relationships internally and externally.
• Flexibility and adaptability to work in rapidly changing environment, be self-disciplined and stress resilient.
• Strong team player

Accounts Assistant

Salary range: £18,000-£19,000
Location: Maidstone

• To perform a variety of general accounting support tasks in an
accounting department including:
• Managing petty cash
• Coding and inputting staff expenses
• Purchase and Sales Ledger: coding and posting invoices
• Processing claims payments
• Credit control
• Updating and maintaining accounting journals, ledgers and other records
detailing financial business transactions
• Data input using defined computer programs
• Compilation of data and preparation of reports
• Reconciliation of Bank Accounts
• Other reconciliations as required
• Other ad hoc accounting duties as required

Personal Qualities & Key Skills
• AAT part qualified desirable
• An understanding of nominal ledger accounting
• Competency in Microsoft applications including Word, Excel and Outlook
• Motivated
• Well organised
• Good levels of initiative
• Able to prioritise
• Methodical
• Excellent attention to detail
• Knowledge of financial services is advantageous

Senior Credit Analyst

Salary range: £65,000 plus benefits and bonuses
Location: London

 

 

Our client is a well respected General trading company operating worldwide

This key role includes:

  • Working with the General Manager to develop the Risk Management, including credit / market / country / operational risks;
  • Deputise for the GM when absent to ensure all Department tasks completed as required;
  • Presenting of key Credit risk issues as part of the approval process including the formal Credit Forum;
  • Continuous monitoring of credit issues related to customer portfolio and wider issues;
  • Undertake visits to counterparties and be able to question senior management such as CFOs / Finance Directors on the financial and strategic aspects of their businesses, and provide written summary, as appropriate for due diligence purposes;
  • Be a main contact for Credit and Operational queries for other departments / divisions;
  • Provide assistance and/or cover for the other Department personnel as appropriate;
  • Compilation of assigned monthly / quarterly reports;
  • Working in conjunction with General Manager, Risk Management and all trading departments to develop and maintain credit and risk management practices to reduce/eliminate potential losses;
  • Ensure RMD manuals and documentation on both the Risk Analysis and Risk Monitoring sides is regularly reviewed and kept up-to-date;
  • Keep updated with key credit and operational issues relating to  Credit  Insurance. Liaise with Credit Insurers to obtain insurance coverage where required;
  • Input, or check input, of financial figures into internal risk rating model either manually or through utilisation of auto data-streaming.
  • Using SAP and internal credit system, assist in the preparation of a number of internal Risk Management reports in Excel or other format to specific deadlines;
  • Propose and implement the agreed development of RMD monitoring, reporting and systems;
  • The mentoring and effective management of senior and junior personnel;

 

REQUIRED SKILLS AND QUALIFICATIONS

ESSENTIAL

  • Broad Credit Risk experience to include trade finance likely to have been obtained in a Banking or Commodity or Corporate environment;
  • Strong financial analysis skills – expert ability to read and understand financial accounts;
  • Ability to write concise and accurate credit analysis and recommendations;
  • Excellent verbal and written communication skills;
  • Working knowledge of any credit legal issues including export credit;
  • Experience of Credit Rating models;
  • Ability to prioritise work with very high standard of accuracy and attention to detail;
  • Understanding of Risk Management reporting & systems;
  • Knowledge of commodities, including the Metals and Energy sectors;
  • Track record of effective people management;

DESIRABLE

  • University degree in business/finance/accounting, or analytically based discipline and / or track record of in-depth experience and background in Credit Risk;
  • Experience of working in a multi-national corporate or finance environment;
  • Understanding of credit insurance;
  • Good presentation skills including presenting both to senior management and non-management grades;
  • Some understanding of Operating and Market risk fundamentals;

Regional Strategy Coordinator- Fluent Japanese

Salary range: £35,000-£45,000 plus Benefits and bonuses
Location: London

JOB SUMMARY
Regional Strategy & Co-ordination Department (RSC) is responsible for developing the annual regional strategy for the Europe and Africa (EA), as well as facilitating business coordination between the region’s 7 business groups and corporate departments.

The jobholder will support the General Manager to build regional strategy for the EA region and maintain awareness of geopolitical factors that might impact business operations. In case of any critical incident, the jobholder will provide business co-ordination between the EA region and Tokyo Head Office.

DUTIES AND RESPONSIBILITIES

• Operate as an integral part of the Global Business Continuity Team and input to/ support wider global crisis management initiatives as and when required.
• Establish, maintain and exercise a crisis management framework for the Europe/Africa region which incorporates clarity on escalation, roles, responsibilities and accountabilities.
• Educate internal colleagues and leadership in crisis management principles and practice, ensuring appropriate awareness of how business continuity contributes to client satisfaction, growth and retention.
• Provide support during crisis events ensuring appropriate reporting, tracking and closure of issues.
• Undertake analysis, summarise data and distribute reports on a wide range of topics for countries within EA region. Areas of focus may include economic and political updates, international relations, economic and demographic data, political movements, sanctions etc. Reports should be provided in Japanese and English to Tokyo Headquarters in accordance with their requests.

• Communicate and liaise with external consultants and research institutes.
• Organise regional management meetings and conferences internally & externally (creating programmes and content, preparing materials, logistical support for secretaries, etc.).

• Administer and facilitate internal programmes such as the process for investment and research applications. Review and assess investment and research applications and, based on your evaluation, make recommendations to senior management. Keep accurate records and budget control.

• Organise schedules and arrange logistics for Regional CEO and VIP, senior executives, visitors from Japan and other areas.

This information does not define or limit the scope of employment. The Company might reasonably require an employee to perform other duties from time to time.

REQUIRED SKILLS AND QUALIFICATIONS ESSENTIAL
• Ability to work as part of a virtual team across diverse geographies.
• Committed to continuous improvement, incorporating attention to detail and an ability to maximise a wide range of internal and external relationships.
• Graduate with a degree in geopolitics, International relations or other relevant qualifications.
• Ability to prioritise work and deal with multiple tasks concurrently.
• High standard of accuracy and attention to detail.
• Fluent Japanese and English written and verbal communication skills due to requirement to liaise with Tokyo Head Office in crisis situations.
• Ability to work under pressure whilst remaining calm, methodical and professional.
• Self-starter and able to work without direct supervision;
• Flexibility as job holder will need to be immediately available to respond to crisis events as and when they may occur.
• Ability to multi task and prioritise work within deadlines.
• Ability to travel overseas as and when required.
• Microsoft Office (Word, Excel and Powerpoint) to intermediate level or above
• Working experience in research work with an international business or research organization.

HOURS OF WORK

09:30am to 05:30pm Monday to Friday

SALARY AND BENEFITS

25 days holidays
Life Assurance @ 4 x salary, Private Health Insurance, Private Dental Cover
Discretionary Bonus

Treasury Manager

Salary range: £55,000 - £65,000 p.a. + Bonus + Benefits
Location: London, The City

Our client is part of a global trading business who trade in 7 different business groups. Through these business groups and more than 600 subsidiaries and affiliates they serve customers around the world in virtually every industry.

Our client is part of a global trading business who trade in 7 different business groups. Through these business groups and more than 600 subsidiaries and affiliates they serve customers around the world in virtually every industry.

The role exists within the Global Treasury centre who provide treasury services to the whole group in the EMEA region.

They focus on treasury activities, concentrating on raising finance for the Group in the capital markets and managing liquidity to meet the requirements of the entire EMEA Group and maximise its competitive edge.

Treasury activities include raising funds through the issue of Euro Medium-Term Notes (EMTN), which are listed on the London Stock Exchange, commercial paper (CP) transactions and third party loans.

Its principle objectives are:

  • To provide Treasury services to the Group in Europe using the funding capability of the Company.
  • To obtain wholesale funding at competitive market rates through its CP and EMTN programmes, while providing investors with flexible opportunities for deploying funds.
  • To construct investment grade asset portfolios, comprising debt securities, which yield a higher rate of return than the company’s financing, funded by a mixture of retained profits, long-term loans and wholesale funding.
  • To maintain a comprehensive and stable business contact network in London and European markets through active participation in a variety of financial transactions.

    As Treasury Manager, your main duties and responsibilities will include but may not be limited to:

    Asset Liability Management (including Liquidity Management):

  • Making deposits to banks, raising funds from banks and capital markets including issuance of ECP
  • Forex risk management and execution of forex contracts
  • Interest risk management and execution of interest swap contracts
  • Duration management
  • Excess liquidity management

    Cash Management:

  • Cash flow planning for coming weeks
  • Day to day lending and deposit acceptance to/from group companies
  • Existing group finance monitoring (including preparation and maintenance of relevant agreement
  • Implementation and maintenance of effective cash management system

    Financial Advice to Group Companies:

  • Advising of finance related issues in line with group treasury policy (both group finance related and non-related)
  • Introducing financial institutions
  • Supporting finance arrangement and negotiation with external parties

    Reporting and Administration:

  • Making daily/monthly/quarterly reports and ad-hoc meeting materials
  • Preparation and maintenance of relevant documentations
  • Administrative works to be compliant with financial regulations

    QUALIFICATIONS AND EXPERIENCE:

  • Proven Experience in a Financial Services (treasury or banking) environment with exposure to the Treasury Products.
  • Advanced IT skills including Word, Excel, PowerPoint, Summit and Bloomberg
  • University degree or equivalent in Finance, Treasury, Business or Economics
  • Extensive experience working in the finance department of corporate or financial institutions, dealing specifically within treasury activities including cash management and inter-company lending
  • Excellent numerical and analytical skills
  • Knowledge of cash management, the finance market and banking processes

Credit Risk Analyst

Salary range: £45,000 - £55,000 p.a. + Bonus + Benefits
Location: London, West End

We are seeking an experienced Credit Analyst to join an established team in London, with a good understanding of energy, commodity markets and derivative products; ideally gained within an Oil/Energy/Commodity trading company, Energy utility or FI.

Our Client is a Commodity Trading house with a truly global reach.

We are seeking an experienced Credit Analyst to join an established team in London, who can demonstrate a confident, likeable personality with a good understanding of energy, commodity markets and derivative products; ideally gained within an Oil/Energy/Commodity trading company, Energy utility or FI.

As you will have regular liaison with Front Office, strong communications are essential, as is the ability to learn fast and take initiative to broaden your knowledge.

As Credit Analyst your key responsibilities will include but may not be limited to:

  • Analyse, assess and quantify credit risk profile of a single counterparty and of a portfolio of counterparties in a broad range of sectors and jurisdictions.
  • Assess creditworthiness of a counterparty
  • Analyse the risks inherent to physical and derivative transactions.
  • Determine acceptable level of exposure and limit in compliance with internal procedures.
  • Coordinate with Front, Middle and Back Office, Operations, Structured Finance, Trade Finance, Legal and Compliance to ensure effective risk management.
  • Monitor, manage and report exposure; ensure systems are up to date.
  • Negotiate netting agreements (MNA, ISDA, EFET), margining agreement, credit support documentation and parent company guarantees.
  • Perform ad hoc researches & analysis; manage credit related projects as required.
  • Participate in credit events and interact with peers.

    KEY SKILLS AND EXPERIENCE:

  • Work based credit analysis experience acquired in a trading environment; Oil Company, commodities trading company, energy utility, credit research house or financial institution.
  • Degree educated (or equivalent) with background in finance, accounting or business administration.
  • Understanding of energy, commodity markets and derivative products.
  • Experience in covering at least one of the following sector: shipping, refining or oil & gas sectors.
  • Strong analytical and communication skills.
  • Ability to learn quickly and take initiative to broaden his/her knowledge.
  • Strong organisational skills and ability to manage multiple assignments concurrently.
  • Experience in negotiating ISDA, EFET, MNA, margining agreement and parent company guarantee.
  • Ability to work in a team and engage with others is essential.
  • Advanced Excel skills.
  • Additional languages are an advantage.

Desk Assistant

Salary range: £25,000 - £28,000 p.a. + Bonus + benefits
Location: London, West End

Our client is a London based Broking firm. Working as a Desk Assistant, the role will provide support to the Commodity desks; you’re responsibilities will include, but may not be limited to:

Our client is a London based Broking firm. Working as a Desk Assistant, the role will provide support to the Commodity desks; you’re responsibilities will include, but may not be limited to:

  • Ensuring timely input of trades into trading systems/exchange; ICE, Clearport etc.
  • Resolving any trade queries received from back office, Traders, ICE and CME ensuring any trade discrepancies are resolved in a timely manner.
  • Keeping trade records up to date on excel.
  • Updating excel with mark to market data in preparation for distribution of this data to Bloomberg.
  • Provide support to brokers to ensure all confirmations prepared by back office are sent out to traders with accurate trade details and within relevant timescales agreed with the client.
  • Working on various projects for brokers and traders.
  • Providing re-cap trade details to brokers and traders on a daily basis from excel spreadsheet.
  • Giving live quotes to traders via yahoo messenger and through the Reuters messaging system.
  • Monitoring markets and following financial news and developments.
  • Liaising with clients both on the telephone and face to face to provide a reliable and efficient broking service.
  • Providing complete support to the brokers for the smooth running of the desk.

    ESSENTIAL CRITERIA:

  • Previous experience with Tradeport is advantageous
  • Educated to a minimum GCSE level or above
  • Strong communication skills both written and verbal
  • Confident, professional manner, able to communicate with senior management is essential.
  • Experience/knowledge of Commodity products; including Oil (Brent, WTI, Fuel Oil etc.)

    It is would be advantageous, but not essential if the successful applicant has passed the following exams:

  • Unit 1 FSA Financial Regulation
  • Unit 3 FSA Derivatives

Financial Controller / Manager

Salary range: Permanent - £60,000 - £75,000 p.a. + Annual Bonus & Benefits
Location: Central London

The successful candidate will be working for a well established Global Commodity Trading house with a reputation for high levels of service.

The successful candidate will be working for a well established Global Commodity Trading house with a reputation for high levels of service.

Main Accountabilities
•Management of a team of four staff
•Ensure production of monthly management accounts within stated deadlines
•Monthly reconciliation of trading balance sheet accounts
•Liaison with accountants and directors from other global offices
•Liaison with external auditors on all trading related issues
•Ensure validity of debtor / creditor balances with clients & suppliers
•Monthly checks on mark-to-market pricing of futures and physicals
•Resolving issues with traders and operations staff to ensure correct accounting
•Management of ad-hoc projects/enhancements to systems
•Responsible for production of monthly management accounts for trade book.
•Ensure validity of all pricing invoices sent to clients.
•Constant monitoring of debtors and creditors

Knowledge Skills and Experience
•Qualified Accountant (ACA, ACCA or CIMA)
•Knowledge of US GAAP (including Mark to Market principles)
•Knowledge of SOX
•Experience of commodity trading business
•Strong control framework understanding (Audit experience)

Senior Credit Risk Analyst

Salary range: Permanent - £55,000 - £68,000 p.a. + Bonus & Benefits
Location: West End, London

The Credit team are responsible for the protection of company Assets through the rigorous execution of credit.

Our Client is a leading Global Integrated Energy business, fully committed to developing their activities and with aspirations to grow significantly and compete with the Global majors.

The Assignment

The Credit team are responsible for the protection of company Assets through the rigorous execution of credit.

Main Job Function:

The Credit and Compliance function plays a critical role in introducing new clients to our organization as well as ensuring full due diligence is done with respect to new and existing relationships.

The successful KYC Analyst will have to support diverse corporate business lines and adhere to specific policies and procedure with a certain level of autonomy in a very team based environment. Daily duties will include simplified and enhanced due diligence across a wide variety of clients in over a hundred countries including low, medium and high risk jurisdictions.

Other daily duties will include PEP screening and investigation. KYC types and PEPs will vary and so an understanding of the KYC risk based approach is absolutely essential as is the commitment and initiative to carry out daily duties with the upmost accuracy and professionalism. You must have a good understanding of the KYC requirements for a range of corporate client types including private companies, and listed companies and banks.

The AML/KYC Specialist will perform periodic reviews of KYC information for renewals of client information. They will participate in remediation efforts and projects to clean up data and documentation and coordinate with other areas as needed (Credit, Compliance, and the Front office), particularly for high risk clients. The KYC Specialist will validate documentation stored in KYC tools and repositories. In some cases they will solicit additional documentation requests from the client directly to support renewal or remediation efforts.

Key Responsibility Areas:

The main duties and responsibilities of the job holder are:
•Validate accuracy of data in KYC platforms and ensure completeness of document package
•Kick-off renewals and liaise with client on-boarding / sales for required documents and sign-off
•Review all KYC entries / records
•Validate all documentation uploaded into the KYC tool
•Follow up with Compliance for approvals of High Risk clients, and with Front office and relevant businesses for all other clients
•Complete remediation efforts and projects to clean up data and documentation and coordinate with other areas as needed
•Subject matter expert for the implementation of KYC procedures and AML guidelines

Reporting Relationships

This position reports to Credit Risk Manager and has the following main interfaces:

Internal
•The role will include extensive liaison with key stake holders that include, Trading desks; and senior management.

External
•Interface with external counterparties and contacts in financial institutions.

Candidate Specifications:
•B.A. Degree or equivalent
•Minimum 3-5 years’ experience in financial services operations, compliance, or client service preferred
•AML/KYC experience needed – CAMS certification is a plus
•Individual must be detail oriented and self-directing
•Strong verbal and written communication skills are a must
•Excellent client and time management skills
•Adaptable, flexible and willing to work in a dynamic environment
•Comfortable working as a team or individually to deliver results
•Strong working experience with Microsoft Word, Excel and PowerPoint
•Good attention to detail;
•Proactive approach to work and ability to work with tight deadlines;
•Good knowledge of Microsoft Office suite;
•Full command of English language (written and spoken).

Treasury Operations Associate

Salary range: Permament - £26,000 - £31,500 p.a. + Annual Bonus & Benefits
Location: West End, London

The company’s business involves gathering and re—deploying liquidity, using a variety of products and techniques, focusing on treasury activities, concentrating on raising finance for the Group in the capital markets and managing liquidity to meet the requirements of the Group and maximise its competitive edge.

Our client is a London based treasury management company; acting on behalf of, and

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being part of a larger, International general Trading Corporation with operations in over 200 locations in approximately 90 countries worldwide, with seven business groups and more than 600 subsidiaries and affiliates.

The company’s business involves gathering and re—deploying liquidity, using a variety of products and techniques, focusing on treasury activities, concentrating on raising finance for the Group in the capital markets and managing liquidity to meet the requirements of the Group and maximise its competitive edge.

The Operations department is responsible for the full settlement and ongoing rate maintenance of all traded or issued Treasury products to include but not restricted to:
•Foreign Exchange, Money Markets, Interest Rate Swaps, Medium Term Notes, Asset Backed Securities, Mortgage Backed Securities and Commercial Paper (with complex amortizing cash flows becoming ever more frequent).

The successful candidate will have broad reaching responsibilities such as:
•Settlements: – Processing and maintenance of all settlement activities within the treasury systems.
•Manage workflows to ensure late deals are processed prior to cut-off
•Confirmations: Check and confirm all trades executed by the Front Office and supported with appropriate documentation
•Cash flows: Monitoring and processing of all cash flows in the treasury system.
•Payments: Preparation and processing of electronic and manual payments using online payment system while monitoring payment deadlines.
•Euroclear: Monitor account movements investigating any differences, funding balances using Euclid system.
•Rate resets: Re-fixing of all floating rate products in treasury system whilst checking against external sources and sending rate advices to sister companies.
•Rate uploads: Daily upload of different FX and interest rates into treasury system from external source.
•Issues: Investigate and report any settlement issues to completion.
•Documentation: Check IRS, MTN and Long Term Loan details against treasury systems.
•J-Sox: Assist in maintenance and update of Internal Control Procedures.
•Operating procedures: Maintain and update on an ongoing basis.

QUALIFICATIONS & PERSONAL QUALITIES REQUIRED:
•Proven experience in a Financial Services (banking) environment or similar, with exposure to the treasury products (as above), International payment and clearing systems.
•Good all round Microsoft Office skills with a strong experience level on MS Excel
•Understanding of ISDA definitions
•Highly self-motivated and a positive mind-set that can influence and motivate different personality types
•Ability to maintain an excellent degree of accuracy whilst working to tight deadlines and be able to adapt in a changing and demanding environment
•Excellent administration and time management skills – ability to manage and organise multiple work streams simultaneously
•Problem solving/decision making skills – ability to decide on best course of action required to solve a range of problems and queries
•Strong team player – The ability to work and engage across multiple teams, In a Japanese company with few staff, an ability to co-operate with and be considerate to colleagues is important
•Excellent communication skills, Able to communicate fluently in English, both written and orally
•Willingness and ability to work flexibly and efficiently within a time-bound environment, prioritising and balancing tasks and activities ensuring externally driven and often tight timescales/deadlines are adhered to

Back Office Intercompany Settlement Analyst

Salary range: Temporary to Permament - £30,000 - £35,000 p.a.
Location: Docklands, London

The role is within the Group Settlements team, part of the Global Central Services team. The team provides Trade Settlement support for three trading functions in Singapore, London and Chicago

As an Intercompany/Finance Settlements Analyst you will be wholly responsible for a suite of our clients Group Companies. You will be expected to manage all aspects of the relationship ensuring transactions and queries are dealt with efficiently. We are looking to fill two roles, one supporting the Oil business and one supporting the Gas business.

The role is within the Group Settlements team, part of the Global Central Services team. The team provides Trade Settlement support for three trading functions in Singapore, London and Chicago.
•Managing the Quarterly Group Agreement process and resolving group differences
•Posting adjusting fully supported entries.
•Raising & Issuing Intercompany AR Invoices (Gas, Oil or ancillary) in line with highly variable contractual due dates
•Reconciling and matching payments for incoming AP invoices, creating recharge invoices where necessary
•Resolving volume, tax and other disputes in a timely manner
•Managing re-invoicing workload due to operational data or pricing updates
•Ensuring all invoices are tax compliant
•Managing overdue debt
•Understand and adhere to control and compliance policies
•Relationship Management with internal and highly sensitive external customers, globally
•Ability to manage workload independently to clear performance drives with little supervision
•Highly numerate
•An accounting background is desirable; experience of Intercompany Processes would be advantageous, but not essential.
•An Understanding of Commodity Settlements Process (ideally energy), gained in a Banking or Commodity Trading Environment would be preferable
•System Literate – SAP and Excel.
•Part Qualified Accountant (CIMA, ACCA or Equivalent)

As a global trading organisation you may be required to work an early shift (from 7am), or a late shift (until 7pm), in addition there will be requirements to work on some bank holidays and weekends.

Credit Risk Manager

Salary range: Permanent: £65,000 - £75,000 p.a.
Location: West End, London

Our client is an International corporation based in the Heart of London. As Credit Risk Manager you will analyse, continually monitor and review all aspects of credit risk pertaining to the European client portfolio.

The role as Manager is to “manage the function” rather than “manage staffs”, and it will cover a broad spectrum of industries including Energy, Metals and Food Commodities; to name but a few.

 DUTIES AND RESPONSIBILITIES:

  •  Credit analysis of new and existing customers using multi tools such as customers’ financial statements, credit reports, internal credit rating system and other independently sourced information;
  • Continuous monitoring of credit limits, terms of sale and maintenance of credit accounts within approved limits and terms.
  • Research and analyse credit risk data and make reasoned recommendations on credit risk aspects – specific responsibility will be for making recommendations to senior management for credit limits.
  • Management of credit insurance.
  • Undertake visits to counterparties as appropriate for due diligence purposes.
  • Interfacing with company’s partners, both internally and externally in order to obtain credit related information and intelligence.
  • Monitor and report credit exposures and condition of accounts.
  • Working in conjunction with Senior Management and all trading divisions to develop and maintain credit and risk management practices to reduce/eliminate potential losses.
  • Maintain and update Credit manuals as appropriate.
  • Maintain on-going risk management education of all trading departments either via structured training sessions, seminars or day to day contact.
  • Assist as necessary on the development of risk management systems.
  • Manage and report documentation and contract issues to management.

Desired Skills & Experience

REQUIRED SKILLS AND QUALIFICATIONS: 

Essential:

  • Broad Credit Risk experience to include trade finance.
  • Strong financial analysis skills.
  • Professional financial/management education.
  • Good verbal and written communication skills.
  • Working knowledge of any credit legal issues including export credit and securitisation to substantiate credit exposures.
  • Excellent negotiation skills and time management.
  • Ability to prioritise work with very high standard of accuracy and attention to detail.
  • Good computer skills in Word, Excel and financial modelling.
  • Ability to understand working in a multicultural environment, patient and flexible.

Desirable:

  • University degree in business/finance/accounting, or analytically based discipline;
  • Experience of cross border credit.
  • Experience of working closely with credit insurance underwriters.
  • Ability to read and understand financial accounts in various European languages and knowledge of accounting terms of German, French, Italian, Spanish, IFRS and US GAAP.
  • SAP Knowledge.
  • Legal contractual knowledge.
  • Good presentation skills including presenting both to senior management and non-management grades.

Trading Accountant (Commodities)

Salary range: Permanent - £50,000 - £60,000 p.a. (depending on experience & current package) + Bonus + Benefits
Location: East London and West End

To measure and report the profits, losses and risks of the trading business daily. To produce monthly numbers on the trading system and have them incorporated into the accounts.

based London

Purpose of role

To provide technical and business support to the world trading and operational refinery teams. To provide insightful challenge to business propositions. To provide timely, accurate and useful management reports, analyses and interpretation. The job-holder must be a strong character capable of building and developing relationships throughout the business.

Main Accountabilities

Commercial trading support / Daily Reporting
• Keep up-to-date profit and position/ risk reports on the physical trading book, which includes hedging derivatives, and speculative books. Also a lot of emphasis on stock valuation.
• Preparation of Daily Profit & Loss and Position Report, analyse results and provide explanations to traders and wider stakeholders.
• Analyse foreign exchange exposure.
• Review mark to market valuations.
• Discuss with management the changing risks facing the business.
• Drive planning, budgeting, forecasting and production of appropriate performance measures.
• Help the traders understand their responsibilities in maintaining a visible control over their business.

Accounting / Monthly reporting
• Process month end ITAS activities – book the inventory journal entry, reconcile raw and white sugar inventory.
• Analyse and develop regular reports to allow operational understanding and accounting for stocks processing eg yield results.
• Analyse the monthly performance, work out key performance drivers and produce commentary.
• Focus on continuously improving processes and methods of regular routines to allow increasing focus on providing business support, analysis and financial advice.

Other Tasks
• Resolve differences on inter-company balances and transactions to/from trading business.
• Reconcile differences between trading and accounting system.
• Support internal and external audit processes.
• Provide support to the trade operations team re vessel accounting.

Qualifications/Essential Experience

• Be a qualified accountant (CIMA/ACCA/ACA).
• Have experience of world market commodity trading including Futures and Options.
• Experience in SAP and BI or equivalent data warehousing and reporting tools.
• Have advanced Excel modelling skills and the ability to adapt models for users with less advanced Excel skills.
• Have experience of modelling projects and ”what-if scenarios” and of providing interpretation and advice.
• Have experience in writing reports and developing presentations.
• Must be able to work effectively under time pressure.

Head of Finance – Energy

Salary range: £80,000- £120,000 p.a plus comprehensive benefits package
Location: Central London

Our client is a fast growing business which forms part of a Global Group, which consolidates, trades and supplies electricity; representing an excellent opportunity to join an exciting business within the Energy Sector.

Reporting to the Chief Operating Officer, a new hands-on Vice President Finance is required to lead and manage a team of 16 qualified and part-qualified accounting staff responsible for all aspects of accounting and finance.

Responsibilities will include but may not be limited to:

* Accounting Policy.
* Statutory Financial Reporting.
* Financial and accounting compliance.
* Liaising with internal and external auditors.
* Budgeting and reviewing all the revenues, gross margin and expenditures against budgets, and re-forecasting.
* Prepare the medium and long term financial projection.
* Provide financial input, analysis and expertise to any business development activities.
* Consolidation and reconciliation of information from different IT systems (Zainet, ETRM, SBS, ERS) into SAP Accounting system.
* Timely presentation of accurate monthly management accounts.
* Day to day oversight and management of the finance group (currently 16 staff).
* Responsible for accounts payable, accounts receivable, billing and credit control.
* Funding strategy, cash flow forecasting, borrowing facilities.
* Fixed asset, purchase orders etc; and generally supporting the management and the business system.

QUALIFICATIONS:

* University degree (or equivalent)
* Qualified Accountant ACA, ACCA, CIMA (or equivalent)
* Minimum 15 years’ relevant experience in accounting roles
* Fully conversant with UK GAAP and IFRS
* Previous experience of managing a finance team
* Understanding of electricity industry or commodity trading
* Experience of significant process and system change programmes
* Experience of managing and controlling large volumes of data
* Understanding of energy trading related accounting standards
* Experience gained in an FSA regulated company would be preferred.

Commodity Settlements Team Leader

Salary range: Permanent - £40,000 - £50,000 p.a. + Bonus + Benefits
Location: Central London

An exciting opportunity to work for one of the world’s top Integrated Energy trading companies. The position is responsible for supporting the Settlements Manager in providing a world class settlements service to the rapidly growing and changing business.

An exciting opportunity to work for one of the world’s top Integrated Energy trading companies. The position is responsible for supporting the Settlements Manager in providing a world class settlements service to the rapidly growing and changing business.

The role is an excellent opportunity for a talented and motivated individual to either build on their management skills or climb the first rung of the managerial ladder. The role will build their exposure across a range of energy products and the organisation, while working in a dynamic and ambitious company which is the main trading arm of the world’s largest gas producer.

The key tasks of this role are:

· Leading and managing a small sub team within the Settlements department ensuring the timely settlement of gas and power physical products, from issuing of confirmations to invoicing of these trades across the product range;

· Working closely with Front Office representatives for these products, supporting and initiating improvements to the trading systems and work flow processes within Settlements, Finance and across FO to Settlements, to implementation and extension of these suggestions in order to support the expansion of the company’s geographic and product reach;

· Liaising and working with the Settlements Manager and Transformation teams to develop Settlements capability within the trading systems proactively;

· Liaison with various teams within the organisation from Risk Management, Legal, IT, Finance, Treasury and Credit teams to ensure integrity of data within the trading system to accurate reporting within defined timescales;

· Supporting the trading desk in counterparty relationships and in ensuring quality information flows across the business;

· Maintaining excellent working relationships with counterparties and other teams within the organisation.

· Supporting and developing members of the team in their growth and development.

Duties and Responsibilities:

Gas and Power confirmations, invoicing and reporting

  • Ensuring the team actively manages the issue of timely and accurate confirmations to counterparties and investigating and resolving discrepancies;
  • Monitoring the number of outstanding confirmations to ensure that risk is minimised;
  • Ensuring the team issues invoices for the various commodities and products according to the specific contractual terms by generating sales and shadow invoices, including detailed back up;
  • Proactively investigating and taking action to resolve any disputes with counterparties;
  • Develop in depth understanding of the various general & bespoke contract terms and conditions for the products and develop robust validation techniques for these invoices;
  • Be the key point of contact for FO for gas and power non standard and intergroup contracts;
  • Liaising with parent company for the provision of sales and purchases summary to the Reporting team as a basis for accruals and final invoice details for monthly reporting, to meet reporting timetable;
  • Ensuring all processes, procedures and controls are constantly reviewed, documented and updated.
  • Responsibility for the recruitment, development, motivation and performance of the team
  • Working with the Settlements Manager and other Lead Analysts to ensure the Settlements team is efficiently trained across a range of products;
  • Building solid working relationships with internal & external counterparties and stakeholders;
  • Deputising for the Settlements Manager as required

Senior Oil Trade/Product Control

Salary range: Permanent - £55,000 - £65,000 p.a. + Bonus + Benefits
Location: West End, London

The creation of a new Trading team has created a fantastic opportunity to join a very forward thinking Commodity Trading company whose primary markets are Crude, Gas, Power and CO2,

a company who is striving to be a leading global presence with the aid of equally aspiring employees

Main Job Function:

The trade control team will provide daily performance and control analysis of the trading business and will work very closely with the traders and the other parts of the trading business.  This is a pivotal team in this dynamic business and experience of this area could lead to a range of interesting and challenging career options in the trading and shipping business. 

The team provides real-time front-line control and management information for management, vessel charters and traders. This includes daily profit and loss measurement, trading exposure reporting, and risk reporting. Because of the unique position of the team in the middle of the commercial activities, the team will also support broader commercial activities. 

 Key Responsibility Areas:

  • Manage performance feedback of junior staff together with the Trade Control Manager
  • Supervise procedural compliance; identify and document process opportunities
  • Report timely and accurate daily market exposure and profit and loss for a trading book and ensuring consistency with accounting ledgers; analyse and investigate results obtained from the underlying data
  • Provide routine analyses of book performance to the vessel charters and traders
  • Use knowledge of the book’s activities to understand and explain commercial activities and strategies
  • Spot and remedy any problems with relevant data (transaction, market or reference data)
  • Monitor vessel charters and traders’ adherence against their delegated authority
  • Guarantee compliance for trading procedures with relevant controls
  • Contribute to new business initiatives, systems or process improvement projects
  • Train other teams and share expertise
  • Maintain a good knowledge of market conditions through the use of provided tools
  • Maintain good relations with vessel charters and traders and other parts of the business

You will have:

  • Relevant experience within a Trade Control / Product Control environment in an oil trading company
  • Experience in heavy and middle distillates;
  • Knowledge of control processes applicable in a trading / regulated environment;
  • Knowledge of financial hedging on Oil & Products;
  • Commodity trading business experience; Vessel chartering, shipping or bulk commodity movement
  • Familiarity with asset commercial performance measurement concepts
  • Knowledge of vessel chartering or trading in physical oil; Robust interpersonal communication skills
  • Ability to work within a team and meet strict deadlines; Ability to display attention to detail at all times

Senior Trade / Product Control Analyst

Salary range: Permanent - £60,000 - £70,000 p.a. + Bonus + Benefits
Location: West End, London

An integrated energy company, committed to developing its activities in research, production, transport, transformation and marketing of oil and natural gas are expanding their London operations with this key appointment

Key Responsibility Areas:

Manage performance feedback of junior staff together with the Trade Control Manager

Report timely and accurate daily market exposure and profit and loss for a trading book and ensuring consistency with accounting ledgers

Provide routine analyses of book performance to the vessel charters and traders

Use knowledge of the book’s activities to understand and explain commercial activities and strategies

Spot and remedy any problems with relevant data (transaction, market or reference data)

Monitor vessel charters and traders’ adherence against their delegated authority

Guarantee compliance for trading procedures with relevant controls

Contribute to new business initiatives, systems or process improvement projects

Train other teams and share expertise

Candidate Specifications:

Relevant experience within a Trade Control environment in an oil trading company; Mid-office experience is essential

Experience in heavy and middle distillates; Knowledge of control processes applicable in a trading / regulated environment;

Knowledge of financial hedging on Oil & Products;

Trade / Product Control Analyst

Salary range: Permanent - £55,000 - £65,000 + Bonus + Benefits
Location: West End, London

An integrated energy company, committed to developing its activities in research, production, transport, transformation and marketing of oil and natural gas are expanding their London operations with this key appointment

The trade control team will provide daily performance and control analysis of the trading business and will work very closely with the traders and the other parts of the ETS business.

This is a pivotal team in this dynamic business and experience of this area could lead to a range of interesting and challenging career options in the trading and shipping business.

KEY RESPONSIBILITY AREAS:

  • Report timely and accurate daily market exposure and profit and loss for a trading book and ensuring consistency with accounting ledgers
  • Analyse and investigate results obtained from the underlying data
  • Provide routine analyses of book performance to the vessel charters and traders
  • Measure and providing insights into commercial performance
  • Spot and remedy any problems with relevant data (transaction, market or reference data)
  • Monitor vessel charters and traders’ adherence against their delegated authority
  • Guarantee compliance for trading procedures with relevant controls
  • Contribute to new business initiatives, systems or process improvement projects
  • Train other teams and share expertise
  • Maintain a good knowledge of market conditions through the use of provided tools
  • Maintain good relations with vessel charters and traders and other parts of the ETS business
  • Reconcile management information to accounting data on a timely and accurate basis.
  • Cover other analysts within the team when necessary

CANDIDATE SPECIFICATION:

  • Mid-office experience ; Relevant experience within a Trade Control environment in an oil trading company
  • Knowledge of financial hedging on oil & products;
  • Knowledge of vessel chartering or trading in physical oil; Robust interpersonal communication skills
  • Knowledge of control processes applicable in a trading / regulated environment;
  • Familiarity with asset commercial performance measurement concepts;
  • Knowledge of one or more ETS IT systems would be an advantage (Openlink, Zainet, ICTS).

Senior Market Risk Analyst

Salary range: Permanent - £60,000 - £70,000 p.a. + Bonus + Benefits
Location: West End, London

An integrated energy company, committed to developing its activities in research, production, transport, transformation and marketing of oil and natural gas are expanding their London operations with this key appointment

KEY RESPONSIBILITIES AND ACCOUNTABILITIES

CANDIDATE SPECIFICATION – SKILLS & EXPERIENCE

  • University degree preferably in Economics, Finance or quantitative discipline.
  • Sound background Statistics sciences.
  • Understanding of the energy markets is a essential.
  • Understanding of option’s theory and models is a essential
  • Risk experience in Gas is essential whilst experience with Power and CO2 would be an advantage.
  • Knowledge of one or more ETS IT systems would be an advantage (Openlink, Zainet, ICTS).
  • Banking/ Financial Service/ Commodity or Trading background.
  • Analytical mind.
  • Good attention to detail.
  • Good interpersonal and communication skills.
  • Ability to build and nurture effective relationships across multiple disciplines of ETS organisation.
  • Flexibility and adaptability to work in rapidly changing environment
  • Proactive approach to problem solving, and ability to identify and set priority actions and handle a high workload.
  • Be a good team player.
  • Full command of English language (written and spoken).

Gas Settlements Analyst

Salary range: Temporary - £16.00 - £22.00 per hour
Location: London

A major global Oil & Gas Trading company based in London are creating a new Global Shared Settlements team

to offer world class settlements and analysis across it’s global.

The roles will be offered on an ongoing temporary Contract commencing in November 2011.

The scope of the roles include, but are not limited to:

As a Settlements Analyst you will be wholly responsible for a suite of 3rd Parties and Group companies and you will be expected to manage all aspects of the relationship ensuring transactions and queries are dealt with efficiently.

The role is within the wider Financial Settlements Team, part of Global Central Services. The team provides Trade Settlement support for three trading functions in Singapore, London and Chicago.

As a global trading organisation you may be required to work an early shift (from 7am), or a late shift (until 7pm), in addition there will be requirements to work on some bank holidays and weekends.

Key accountabilities

-Raising & Issuing 3rd Party AR Invoices (oil or ancillary) in line with highly variable contractual due dates OR Reconciling and paying incoming AP invoices, creating recharge invoices where necessary Raising & Issuing Intercompany Party AR Invoices (oil or ancillary) in line with highly variable contractual due dates

-Confirming incoming cash & consolidating to daily cash forecast within tolerance

-Resolving volume, tax and other disputes in a timely manner

-Managing re-invoicing workload due to operational data or pricing updates

-Ensuring all invoices are tax compliant

-Managing overdue debt

-understand and adhere to control and compliance policies

-Reconciling and matching payments fir incoming AP invoices, creating recharge invoices where necessary

-Managing the Quarterly Group Agreement process

-Resolving volume, tax and other disputes in a timely manner

Skills & Experience Required

-Thorough understanding of Commodity Settlements Process (ideally energy), gained in a Banking or Commodity Trading Environment

-System Literate – SAP experience is essential, and wide range of other in-house transactional systems

-Relationship Management with internal and highly sensitive external customers, globally

-Strong and confident communication skills

-Ability to manage workload independently to clear performance measurements with little supervision

-Highly numerate

-An accounting background is desirable; experience of Intercompany Processes would be advantageous, but not essential.

Product Control Analyst

Salary range: Permanent - £50,000 - £60,000 p.a. + Bonus + Benefits
Location: Docklands, London

Blue Chip Commodities Trading Company based in Canary Wharf, London, now looking for a Product Control Analyst to join their Distillate Oil Product Control team.

The organisation is a key player in global commodities trading presenting great career opportunities for the right individual. This position could lead to management opportunities in the Product Control function or lead to other opportunities in Front Office Trading or Risk.

The London Distillate Product Control team is responsible for managing the distillate oil trading activity in Europe. It is an important member of the global Distillate Product Control organisation which includes teams in Global Oil Americas (Cantera), Calgary and Eastern Hemisphere (Singapore).

The distillate product control team provides front-line control and management information for management and traders. This includes daily profit and loss reporting, trading exposure reporting, and risk reporting as well as performing the month end close for the books. In addition, the team also supports broader commercial activities including helping with:
– systems projects
– analysis of business opportunities
– providing deep insights into commercial performance
– monitoring trader adherence to authorised limits

The role reports to the Regional Head of Product Control Distillate, London, and is member of a team of 10.
The purpose of this role is to provide control and management information for front, mid and back office, including:
– Production of daily system of record exposure
– Daily Profit & Loss and accompanying analysis and insight
– Monitoring of Delegations of Authority and adherence to trading limits
– Enhance the control environment through critical evaluation of current controls and processes, utilisation of best practice and the introduction of ongoing improvements.
– Own the relationship with the relevant trader(s) and manage relationships with other teams and functions
– Forecast working capital requirements.
– Spot and remedy issues with trading positions and explain trading performance and strategies.
– Support process and system improvements through leading and participating in various project initiatives.
– Analysing and investigating the results obtained to the underlying data.

The ideal candidate will be at least a graduate from a Top University and have a minimum 12 months physical commodities product control (oil) experience together with knowledge of control processes applicable in a trading / regulated environment and working knowledge of trading and derivatives. Physical Commodities product Control experience is a must for this role. Ideally the candidate would be a studying towards further accounting or financial qualifications (ACCA, CIMA, CFA, or other relevant professional qualifications will be considered).

In return you will get a competitive base salary, bonus and huge benefits package, superb training and one of the best career paths in the market in an excellent working environment

Global Oil Settlements Analyst

Salary range: Temporary - £15.00 - £20.00 per hour
Location: Docklands, London

As a Global Settlements Analyst you will be wholly responsible for a suite of internal and external third parties and intercompany relationships

You will be expected to manage all aspects of the Global relationship ensuring transactions and queries are dealt with efficiently.

The role sits within the Global Central Services. The team provides Trade Settlement support for three trading functions in Singapore, London and Chicago.
As a global trading organisation you may be required to work an early shift (from 7am), or a late shift (until 7pm), in addition there will be requirements to work on some bank holidays and weekends.

Key accountabilities

– Raising & Issuing 3rd Party AR Invoices (oil or ancillary)
in line with highly variable contractual due dates
– Reconciling and paying incoming AP invoices, creating recharge invoices where necessary
– Confirming incoming cash & consolidating to daily cash forecast within tolerance
– Resolving volume, tax and other disputes in a timely manner
– Managing re-invoicing workload due to operational data or pricing updates
– Ensuring all invoices are tax compliant
– Managing overdue debt
– Understand and adhere to control and compliance policies
– Managing the Quarterly Group Agreement process

Skills & Experience Required

– Thorough understanding of Commodity Settlements Process (ideally energy), gained in a Banking or Commodity Trading Environment
– System Literate – SAP experience is essential, and wide range of other in-house transactional systems
– Relationship Management with internal and highly sensitive external customers, globally
– Strong and confident communication skills
– Ability to manage workload independently to clear performance measurements with little supervision
– Highly numerate