Commodity Deals Desk Analyst

Based: London 
Salary: Competitive 

Our client, a Financial and Commodity trading company based in Central London, are actively seeking a Deals Desk Analyst as part of their continued expansion in the Commodity trading sector. This newly created role will essentially require a strong understanding of physical deal economics and the successful candidate will need to have the motivation to drive change and create scalable processes for the business.

RESPONSIBILITIES:

  • To mark the positions daily ensure these are agreed with the commercial team. These exposures and P&L will need to be communicated to the firm daily.
  • To work with Technology teams to ensure issues are escalated and resolved.
  • To perform and develop daily and monthly controls to reduce operational risk.
  • Regularly present in meetings, detailing the status of certain projects as well as major accomplishments and initiatives.
  • To review and oversee the pricing and trade booking process for the firm.
  • To maintain and development the firms Risk Management System (Aspect), designing enhancements and testing. The role also carries a large emphasis on the continual review and upgrade to processes and system to increase the completeness, accuracy and timeliness of our reporting.
  • Reviewing all trade bookings to ensure physical and paper trades are captured correctly in the risk system.
  • Owning and controlling all aspects of Futures/Paper Operations functions including, confirmations, reconciliations and settlements functions.
  • To assist the commercial team with ad hoc analysis.
  • To assist with compliance matters where necessary.
  • Ensure all trading queries have been resolved.
  • To ensure margin on paper trades is being monitored and settled.

SKILLS / EXPERIENCE:

  • Excellent organizational skills
  • A hands-on approach with strong project management and problem-solving skills
  • Technical knowledge of physical commodities, derivatives, and underlying transactional instruments
  • Experience in position, exposure and commercial PnL reporting (preferred but not a must)
  • Experience of working with and developing a risk management system (Aspect experience an advantage)
  • Strong communications skills and ability to present quantitative information to senior management.
  • Motivated, enthusiastic and keen to work in a fast-paced environment, with an ability to demonstrate an entrepreneurial approach desirable
  • Strong work ethic and attention to detail.

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