Middle Office Analyst - Gas, LNG & Coal

Selby Jennings; London; On-site; GBP 60,000 - 90,000; Full time

Job summary

A leading global commodity trading house seeks a Middle Office Analyst specializing in LNG, Gas, and Coal portfolios for its London team. The role encompasses risk assessment, P&L reporting, and collaboration with multiple departments to ensure operational integrity and compliance. Suitable candidates will possess a degree in a quantitative discipline and have at least three years of relevant experience, emphasizing strong analytical skills and proficiency in VBA and financial instruments.

Qualifications

• 3+ years experience in oil & gas trading, Risk Consulting, banking or finance.
• Strong knowledge of LNG, Gas, Power or Coal sectors.
• Proficient in risk management concepts and options pricing.

Responsibilities

• Conduct risk assessments and monitor operational risk indicators.
• Produce daily P&L reports and manage trade book consolidation.
• Collaborate with traders and senior management on key findings.

Skills

VBA Programming

Matlab

Excel

Risk Management

Quantitative Analysis

Education

Degree in Quantitative Finance, Mathematics, Physics, or other science disciplines

Job description

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Middle Office Analyst - Gas, LNG & Coal, London

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Client:

Selby Jennings

Location:

London, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Reference:

e1a6daeb3e95

Job Views:

4

Posted:

17.06.2025

Expiry Date:

01.08.2025

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Job Description:

Summary: My client is an Global Commodity Trading House who are the worlds largest buyer of LNG and in the top 5 for energy traded products (Coal, Gas, Power) with a platform to trade across all key markets (North America, Europe, Middle East, Africa and Asia). They are looking to onboard a Middle Office Analyst to further strengthen the London team across LNG, Gas and Coal portfolios.

Responsibilities:

• Carryout an in depth risk assessment (ad hoc) and the ongoing monitoring of operational risk indicators.
• Ensure the continued collaboration and communication with the traders, senior management and the risk teams - reporting your findings and recommendations of the key risk and control indicators from the operational risk reviews.
• Production of daily P&L reports and consolidation of all trade book reports, ensuring its precision, 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
• Bringing awareness and understanding to the impacts of deal changes or bookings to different departments, considering how it will impact them
• Validation of physical commodity (LNG, Gas and Coal) and derivative deal entries ensure an accurate valuation within our ETRM
• Establish adequate risk management processes, resources and infrastructure to identify, measure and provide proper monitoring, reporting and management of risks relating to the company's commercial activities.
• Understanding and ability to calculate the impacts of IR and FX on P&L, working with the Treasury team to ensure the impacts are expected and hedges are correct or executed when required

Requirements:

• A degree in Quantitative Finance, Mathematics, Physics, or other science disciplines.
• 3+ years experience working in an oil & gas trading company, Risk Consulting, banking or finance sector - within Middle Office or Trade Control
• Strong level of knowledge and practical experience using VBA Programming, Matlab and Excel.
• knowledge of LNG, Gas, Power or Coal - physical and financial
• Knowledge and understanding of control processes in a trading and regulatory environment..
• Ability to understand and apply risk management concepts, including stress-testing, value-at-risk, liquidity adjusted VaR and scenario analysis.
• Strong understanding of options, mathematics and how they are priced.
• Ability to communicate ideas and findings fluently in English (written and spoken).
• Ability to work in a rapidly changing and result driven environment, with the determination to learn and show resilience.