Gas & LNG Energy Middle Office Analyst — Hybrid Madrid

repsol; Madrid; Hybrid; EUR 42,000 - 62,000; Full time

Benefits offered by this job

Bonus according to objectives

Medical insurance

Pension plan contribution

Digital disconnection

Conciliation measures

Legal advice

Employee support services

Job summary

Repsol in Madrid is seeking a Middle Office Analyst to support the Wholesale Gas, LNG, and Power trading activities. You will ensure trade integrity, monitor risk, validate positions and P&L, and collaborate across Front Office, Risk, and Back Office in a fast-paced environment.

The role requires a bachelor’s degree and 1–3 years in energy trading or related areas, strong analytical and Excel skills, and the ability to handle large data sets while maintaining tight controls and clear stakeholder

Qualifications

• Bachelor’s degree in Finance, Economics, Engineering, Mathematics, Business, Energy Management, or related discipline.
• 1-3+ years in energy trading, commodity trading, middle office, risk management, or related support.
• Understanding of physical and/or financial gas, LNG, power, or commodity markets.
• Experience with trading and risk management systems (ETRM experience preferred).
• Strong Excel and data analysis capabilities.
• Excellent communication and stakeholder management.
• Attention to detail and robust controls.

Responsibilities

• Support daily middle office activities including position validation, exposure monitoring, P&L reconciliation, and risk reporting.
• Validate trade capture and ensure accuracy of transactions across trading systems.
• Analyze daily P&L movements, market exposures, and valuation changes.
• Monitor compliance with risk limits, mandates, and internal controls.
• Investigate discrepancies with Front Office and Back Office teams.
• Produce regular management reporting on market risk and KPIs.
• Support month-end, quarter-end processes with analyses and documentation.
• Identify opportunities to improve processes, controls, and automation.
• Participate in new product and market expansions, including power trading.

Skills

Analytical thinking

Quantitative skills

Excel proficiency

Stakeholder management

Education

Bachelor's degree in Finance, Economics, Engineering, Mathematics, Business, Energy Management, or related discipline

Tools

ETRM

Job description

Repsol in Madrid is seeking a Middle Office Analyst to support the Wholesale Gas, LNG, and Power trading activities. You will ensure trade integrity, monitor risk, validate positions and P&L, and collaborate across Front Office, Risk, and Back Office in a fast-paced environment.

The role requires a bachelor’s degree and 1–3 years in energy trading or related areas, strong analytical and Excel skills, and the ability to handle large data sets while maintaining tight controls and clear stakeholder