Middle Office Analyst

Job description

GENEVE-WTC1(CHE)
Job Description

As part of the Global Risk Control Organisation, activities involve contributing to any Risk Control process of the entities covered by the Global team:

·  Analyse, model and report market risk for all trading activities. Assess and monitor physical and financial trades, transportation, storage, park and loan, and foreign exchange, deals. Analyse mark-to-market valuations, risk positions, basis changes, and P/L results on a daily basis. Develop and maintain risk reporting/analytical tools to communicate position, P/L and market risk to traders and management.
·  Coordinate and review deal and price in trading system by performing deal check, price validation, curve update, and data reconciliation. Monitor timely deal capture, internal trading limits and risk policy requirements to ensure the representativeness and integrity of transactions in the trading system.
·  Provide critical thinking around risk reporting processes, quantification, and analysis of commodity exposure and forward price movements for Total Gas & Power’s multiproduct trading activities. Maintain, enhance, and review risk models. Test new risk calculations, evaluate model assumptions against fundamentals, and communicate suggested modelling/valuation enhancements to achieve better valuation and risk quantification. Communicate effectively with Front Office, Operation, Back office and Finance team on inputs and assumptions.
·  Work closely with Traders to quantify and explain the sources of risk in their portfolios. Promote innovative ways of leveraging existing data monitor and manage their risks.
·  Contribute to the reporting of Trading Result/ Position to senior management.
·  Work closely with Back Office, Finance, Credit, Legal & Compliance, Front Office to improve the flow of data across department and the accuracy of analysis.
·  Support, identify, and assist in implement of process improvement, from system testing and implementations to desk level process.
·  Identify and communicate operational risk, define risk mitigating measures and priorities. The job holder will work in the Global Risk Control department, under the supervision of Middle Office supervisor, and will seek to measure, analyse and monitor the P&L, exposure and the value at risk of the trading desks.
The position has a specific focus on developing new tools using data science latest developments to help middle office monitor risks and value of the trading portfolio.
The position is based in Geneva and include oversight of both European and global energy markets.

Offer ID

27186BR
Country

Switzerland
About us / company profile

Give your best to better energy and make the commitment with Total. With over 500-plus professions in 130 countries, we offer high safety and environmental standards, strong ethical values, an innovation culture and wide-ranging career development. Be part of the global team whose mission is already shared by 100,000 employees: to make energy better each and every day.

 

Salary currency

CHF
Candidate profile

The successful candidate will be:
·  Degree qualified in Data Science or quantitative discipline.
·  Comprehensive understanding of risk management methodologies and valuation models.
·  High levels of numeracy and computer literacy.
·  High degree of accuracy and efficiency under set deadlines.
·  Strong analytical and problem solving skills.
·  High levels of flexibility with regard working hours.
·  Good interpersonal skills.
Métier

Financial Middle / Back Office
Job Title

Middle Office Analyst
Branch

Gas Renewables And Power
Functional discipline

Finance
Experience level required

0 - 3 years, 3 - 6 years
Employment type

Regular position
Affiliate (if known)

TOTAL GAS & POWER LTD
Interview location

GENEVE
Context and environment

·  Fast-paced, dynamic trading environment with time-sensitive, business critical activities requiring instantaneous analyses and generation of reports.
·  The Middle Office Analyst is part of the Global Risk Control team involving Houston, Geneva and Singapore.
·  The Middle Office Analyst works closely with Front Office, Operations, Back Office, Finance, Compliance, and Trading System teams. The team works across locations and product types including natural gas, NGL, LPG, shale gas, LNG, power, emissions, and dry bulk products.
·  The Middle Office is responsible for calculating profits and losses and for monitoring the risks of the trading department. It is responsible for all aspects of market risk control, such as risk identification, measurement, monitoring and disclosure across various classes of energy commodity assets.
·  The Top Management of Gas division follows and controls the trading activity through the Middle Office reports.