Analyst - Deals Desk null

Main Purpose:

Maintenance and enhancement of core P and L data to increase accuracy and timeliness of the daily trading results.

Be responsible for the production and reporting of daily trading positions and management P&L, production and monitoring of daily trading P&L and volumetric exposure reports, post-deal review and system reconciliation. Enter inception PnL for all new trading strategies, and maintain the economics on these strategies from cradle to grave

Knowledge Skills and Abilities, Key Responsibilities:

• Ability to independently justify the economics applied to each trading strategy.
• Apply forward curve on daily basis for physical and derivative markets to the current position and explain the impact on the trading PnL.
• Produce daily commentary for the board of directors/traders to explain the change in the trading profit and loss due to market changes/change in estimated / actual economics for each deal.
• Analyse exposure and M2M profit and loss on physical/derivative portfolios.
• Allocate all physical and derivative transactions to correct trading strategy.
• Ensure all market price risk is captured and hedge actions executed.
• Assess the implication of changes to future physical deliveries and report and discuss the impact of the hedging strategy.
• Creation and maintenance of ad-hoc reports to assist in any area of position reporting /structure /hedging ( data integrity/trade entry / irregular business structures ).
• Full responsibility for the integrity of data in trading systems that are used to generate the above items
• Degree holder, preferably with at least 1-2yrs
• MBA in Finance
• Engineers Preferred
• Meticulous and innovative
• Market analysis skills
• Proficient excel abilities
• Familiar with using multiple systems
• Strong organisational skills
• Excellent communications
• Ability to work in a fast-paced high-pressure environment

Key Responsibilities:

To fully master the role takes years of training as it requires an in-depth knowledge of every element of physical and derivative trading, as well as being able to interpret the impact of operational, financial and political changes on the underlying position and profit. Whilst all responsibilities and accountabilities of the role remain based upon the core principles of risk management, the factors that drive them to change on an hour by hour, day by day basis as the company discovers new and innovative ways to generate a wide and truly diversified portfolio

Department Overview:

The Deals Desk in Trafigura is a middle office team providing market and risk analysis globally on a real-time basis. Our primary responsibilities revolve around monitoring all elements of the risk and exposure related to our commercial activity and reporting it directly to the board on a daily basis. Being seated in the middle of a trading floor, we serve in a support role for traders spanning across virtually every market. Commercially, we add value by providing traders with risk assessments and analyses that highlight their exposure, optionality and PnL. These reports are essential to help them make the right commercial decisions and optimize the opportunities their portfolios generate, all the while providing deals desk employees with an unprecedented front office learning experience in the world of trading.

Entity: Trafigura Global Services (TGS) is the fully owned subsidiary of Trafigura, a Global In-House Delivery Center, set up for aggregating Middle and Back office functions critical to support our trading life cycle.

The entity has 600+ employees, adopts best in class technology and practices enabling operations across Europe, Africa, the Middle East and Asia-Pacific.