Head of Marketing Sales PR Department Russian speaking

S M Management Consultancies Co; Dubai; On-site; AED 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Middle Office Analyst for their Derivatives Trading Desk. This role involves collaborating with traders to manage derivative exposures, ensuring accurate trade capture, and providing insightful P&L reporting. The ideal candidate will have 3-4 years of experience in a relevant field, showcasing strong analytical skills and a solid understanding of energy products. Join a dynamic team where your expertise in risk management and valuation will contribute to optimizing trading strategies and enhancing operational efficiency. If you are passionate about the energy markets and thrive in a fast-paced environment, this opportunity is perfect for you.

Qualifications

• 3-4 years of experience in Middle Office, Product Control, or Risk Management.
• Solid understanding of energy trading products and derivatives.

Responsibilities

• Manage derivative exposures and ensure accurate trade capture.
• Provide daily P&L reporting and risk exposure updates for traders.

Skills

Trade Capture

P&L Reporting

Risk Management

Excel Proficiency

Valuation Models

Collaboration Skills

Tools

MS Excel

VBA

SQL

Job description

JOB PURPOSE SUMMARY : Middle Office Analyst for Derivatives Trading Desk- Responsible for managing derivative exposures, accurate trade capture, reporting & explaining daily Expo and P&L moves to Traders and Management.

PRIMARY ACCOUNTABILITIES :

• Trader Collaboration : Work closely with derivatives traders to ensure accurate trade capture and management across multiple products and strategies.
• P&L & Exposure Reporting : Provide daily P&L reporting and risk exposure updates, highlighting key drivers and performance insights for traders and management.
• Valuation & Forward Curves : Develop and maintain forward curves and valuation models for derivatives, ensuring accurate daily pricing and market reflection.
• Month-End Closing & Compliance : Manage month-end closing activities, ensuring compliance with internal deadlines and reporting requirements.
• Validation & Risk Management : Oversee trade validation, stress testing, and back-testing to assess and mitigate risk.
• Break Resolution : Coordinate with the Back Office to resolve trade breaks and discrepancies, ensuring timely reconciliation.
• Collaboration with Risk Desk : Support the Quantitative Risk team with data and analysis for daily risk assessments.
• Process Improvement : Partner with IT / ETRM teams to develop tools for process optimization and workflow efficiency.

EXPERIENCE :

• 3-4 Years of Relevant Experience : Proven experience in Middle Office, Product Control, or Risk Management within an energy trading environment.
• Product Knowledge : Solid understanding of paper instruments across various energy products, including Crude, Naphtha, Gasoline, LPG, Middle Distillates, and Fuel Oil.

KNOWLEDGE :

• Advanced Excel Skills : Strong proficiency in MS Excel; basic knowledge of VBA and SQL is a plus.
• Paper Contracts Expertise : Solid understanding of paper contracts, including swaps and futures.
• Oil Options & Valuation : Knowledge of oil options instruments, their valuation methods, and key risk metrics.
• Derivatives & Oil Markets : Strong understanding of derivatives in the oil markets, including terminology, contracts, data, and market fundamentals.
• Risk Management Knowledge : Familiarity with the requirements and controls of Risk Management.