Commodities Middle Office Analyst

JR United Kingdom; City Of London; On-site; GBP 50,000 - 75,000; Full time

Job summary

An international Energy Trading company is seeking a Commodities Middle Office Analyst in London. This role involves managing P&L reporting, collaborating with various teams, and ensuring accurate commodity validations. Ideal for candidates with a quantitative degree and experience in commodity trading, this position offers a clear path for professional growth and development.

Qualifications

• At least 1 year of experience in a Commodity Trading environment.
• Ability to work with large data sets and provide analytical reports.
• Clear communication skills and commercial awareness.

Responsibilities

• Production of daily P&L reports and consolidation of trade book reports.
• Resolving P&L queries from traders and other departments.
• Supporting finance in month-end closing processes.

Skills

Communication

Attention to detail

Problem solving

Data analysis

Education

Degree in Economics

Degree in Finance

Job description

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Commodities Middle Office Analyst, London (City of London)

Client: Richard James Recruitment Specialists Ltd

Location: London (City of London), United Kingdom

Job Category: Other

EU work permit required: Yes

Job Views: 3

Posted: 16.06.2025

Expiry Date: 31.07.2025

Job Description:

Our client is a very successful international Energy Trading company with access to all key markets worldwide…

This role offers an excellent opportunity to further develop skills and responsibility within a growing and successful commodity trading business.

For the right candidate, this role provides a clear path to career development and an opportunity to learn from industry experts.

Key Role Responsibilities:

• Production of daily P&L reports and consolidation of all trade book reports, ensuring their accuracy, consistency, and integrity.
• Resolving queries from traders or other departments relating to P&L impacting topics.
• Raising queries to traders when proposed booking changes or business practices are unclear.
• Understanding the impacts of deal changes or bookings on different departments, considering how it will affect them.
• Validation of physical commodities (LNG, Gas, and Coal) and derivative deal entries to ensure accurate valuation within our ETRM.
• Maintaining price curves and associated calendars.
• Understanding funding requirements for futures and forwards and their impact on stakeholders.
• Managing relationships with clearing brokers and banks.
• Monitoring trading activity; highlighting and reporting unusual activity.
• Supporting Market and Credit risk monitoring.
• Calculating impacts of IR and FX on P&L, working with Treasury to ensure expected impacts and correct hedges.
• Supporting Finance in month-end closing processes, explaining provision requirements.
• Providing weekly and monthly analytics reports.
• Collaborating with teams in London and Singapore to add value and gain insights.
• Proposing and implementing improved processes and calculations.
• Managing Contract and confirmation processes for financial trades.
• Business travel may be required.

Key Qualifications and Experience:

• At least 1 year of experience in a Commodity Trading environment.
• Degree in Economics, Finance, or a similar quantitative field.
• Clear communication skills to articulate ideas, seek clarifications, and challenge practices.
• Attention to detail, ability to work logically and accurately under pressure.
• Comfort with large data sets and analytical explanations for management.
• Commercial awareness with an adaptive problem-solving approach.
• Ability to work independently, organize workloads, and manage expectations, especially with teams in Singapore.