Middle Officer

Gunvor Group; Houston (TX); On-site; USD 90,000 - 130,000; Full time

Job summary

Gunvor Group is seeking a Middle Officer in Houston to monitor daily trading Position & PnL, reconcile pricing with Ops, and validate exposures in the in-house ETRM system. The role supports back-office functions and coordinates intercompany deals.

The candidate should have 1–5 years in Middle Office within energy trading, strong Excel and IT skills, and a University degree. This full-time role requires US work eligibility and a proactive, detail-oriented mindset.

Qualifications

• One to five years’ experience in Middle Office in a commodity trading environment.
• Trading system experience and programming/SQL/IT skills are an advantage.
• Proficient in Microsoft Excel and Office.
• Strong business analysis capabilities.
• Good communication and presentation skills.
• University degree.

Responsibilities

• Daily monitoring of the trading Position & PnL.
• Daily pricing exposure reconciliation with trading & Ops.
• Validate position and PnL in a timely manner.
• Report position and PnL daily to management.
• Review and maintain information reliability in the in-house ETRM system.
• Build & monitor in-house forward curves in ETRM and ensure front-to-back consistency.

Skills

Trading

SQL

IT skills

Excel

Business analysis

Project management

Attention to detail

Communication

Education

University degree

Tools

Trading systems

Job description

## Middle OfficerApply: Houston: Full time: Posted Today: JR102823**Job Title:**Middle Officer**Contract Type:**Permanent****Time Type:****Full time**Job Description:****Summary of Company**Gunvor Group is one of the world’s largest independent commodities trading houses by turnover, creating logistics solutions that safely and efficiently move physical energy from where it is sourced and stored to where it is demanded most. With strategic investments in energy infrastructure—refineries, pipelines, storage, terminals, mining and upstream—Gunvor further generates sustainable value across the global supply chain for its customers. Founded in 2000, Gunvor reported revenues of $90’929 billion (USD) on volumes of 137 million MT in 2014.Gunvor has more than 1,400 employees, of which more than 200 operate in the company’s Geneva office. Geneva is one of Gunvor’s fastest growing offices, reflecting the organic growth of the company and its trading and investments. Gunvor also maintains offices in Singapore, Moscow, Abuja, Beijing, Amsterdam, Nassau, Dubai and Tallinn, with new offices planned in strategically relevant markets.To support its logistics operations, Gunvor wholly owns Clearlake Shipping, one of the largest charterers of tanker vessels in the world and an operator of drybulk vessels and cargoes. Since 2003, Clearlake has operated around a high-quality fleet of Tankers, Gas Carriers and drybulk vessels on a time-charter basis to accommodate Gunvor’s growing needs for ocean transportation across all major ocean routes, in addition to the needs of third-party business.**Main Responsibilities*** Daily monitoring of the trading Position & Profit and Loss (PnL)* Daily pricing exposure reconciliation with trading & operations (Ops)* Validate position and PnL in an timely manner* Report position and PnL daily to management* Review and maintain information reliability in in-house ETRM system, including costs* Build & monitor in-house forward curves in ETRM including front to back implementation for market assessment* Check accuracy and consistency of forward curves vs market values* Complete and improve upon daily processes such as market data checks, trade completeness and regulatory reports* Coordinate and check intercompany deals with other desks/offices of the group* Check and reconcile futures trades between ETRM and clearing agents & exchanges* Liaise and coordinate as needed with Ops (or similar functions) and back-office* Check and monitor MTM of physical deals entered in ETRM* Allocate hedges in strategies, as the case may be* Check & compare costs in ETRM vs Ops costs and invoices* Monitor exposure/VAR and inform management in case of limits breaks* Verify and reconcile end of month results with accounting* Back up for other desks as needed* Work with Front Office, IT, Ops, Finance & Credit as the case may be**Profile*** One - Five years’ experience in Middle Office in a commodity trading environment with comprehension of energy trading, related trading experience can substitute* Trading system experience, programming/SQL/IT skills seen as an advantage* Experienced user of Microsoft Office with an emphasis in Excel* Demonstrated business analysis skills* Demonstrated knowledge of commodities* Project Management skills* Proactive / self-motivated* Rigorous and detail oriented* Good verbal and written presentation skills* University Degree* US working permit