Commodity Deals Desk Analyst

RICHARD JAMES RECRUITMENT SPECIALISTS LTD ,
London, Greater London
Job Type: Full-time

Overview

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 busines s. 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.