The Role:
The Middle Office is responsible for supporting daily business‑as‑usual trade control, profit & loss production, and providing critical inputs into market risk and credit risk management.
Middle Office Manager Overview:
The Middle Office Manager will oversee the operations of the MO team, ensuring the accuracy and integrity of trade controls and management reporting across global trading locations.
Key Responsibilities:
- Lead the Middle Office team in daily BAU trade controls, checks, and management P&L reporting.
- Ensure timely production of daily P&L for trading books, maintaining consistency and integrity.
- Resolve queries from traders and internal departments related to P&L.
- Validate internal trade physical and paper marks.
- Verify physical commodities and derivative deal entries for accurate capture into the Allegro system.
- Maintain forward curves and trading algorithms.
- Manage contracts and confirmations for financial trades.
- Perform daily reconciliation of internal systems against clearing banks for exchange‑traded products.
- Manage relationships with clearing brokers and clearing banks.
- Monitor trading activity and report any unusual or suspicious transactions.
- Support market and credit risk monitoring activities.
- Assist Treasury with margin management processes.
- Support Finance in month‑end financial closing.
- Prepare summary reports (weekly, monthly) on key analytics and trading metrics.
- Engage in active discussions with Front Risk and Risk teams regarding trading strategies and positions.
- Provide leadership to MO teams across global trading offices, including training, mentoring, coaching, and professional development guidance.
- Represent the MO team in Technology initiatives and other MO transformation projects.
Qualifications and Experience:
- Bachelor’s degree in accounting, engineering, or similar quantitative disciplines.
- 8 to 10 years of relevant work experience in oil & energy trading sector.
- Strong attention to detail with the ability to work logically, quickly, and accurately.
- Computer literate, numerate, and comfortable handling complex and varied data sets.
- Commercially minded with a flexible approach to problem‑solving.
- Able to work effectively within a small, culturally diverse team.
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Interested Candidates:
Interested candidates are invited to contact us for a confidential discussion:
Mae Liu
Director, Executive Search
Email: mae@casearch.sg
Tel: +65 9277 1222 / +65 6438 3233
EA Licence No.: R1110989