Operational Risk Analyst
£35000 - £45000 per annum
OVERVIEW Our client is one of the leading integrated energy companies who require an Operational Risk Analyst for the Middle Office Risk team which monitor the evolution of financial regulation and operational risk. As an integrated member of the Finance & Risk functions, the primary responsibility of the job holder will be assisting in supporting the organisation in its growth aspirations through effective risk management processes in new products and markets where the business may see opportunities to develop plus reviewing operational risks that may require intervention, informing the business of risks that may impact their activity and foster relationships within the deal lifecycle. DUTIES AND RESPONSIBILITIES The main duties and responsibilities of the job holder are: Facilitate and manage the risk assessments of new business activities, including but not exclusive to New Product Approvals (NPA), Non Standard Deal Approvals (NSDA) and New Commercial Activity Integration (NCAI) across Oil, Gas, Power, Emissions LNG and Derivatives trading. Support the business in identifying risks through incident operational risk tools (i.e. incident reporting) and liaising with the business to seek solutions and risk mitigation opportunities. Deep dive where required operational incidents that may have a regular occurrence or significant exposure to the business and provide to the governance structures with support of relevant functions risk mitigation proposals to prevent/minimise reoccurrence. Report on a periodic basis (weekly, monthly, quarterly, annual) information that informs the business on its Operational Risk profile including but not exclusive to risk dashboard, trend reports, status updates and input into bench performance reports. REQUIREMENTS SKILLS AND COMPETENCIES Result oriented approach and proven ability to work under pressure and to tight deadlines; Excellent analytical skills with the ability to identify risk trends. Outstanding problem solving skills with the ability to work with key stakeholders to develop and implement solutions to reduce risks. Excellent interpersonal, presentation and communication skills to be utilised across multiple levels the organisation Ability to operate with minimum supervision on multiple projects. Must be able to prioritise workload in reactions the business and functional needs. Strong and solid knowledge of Microsoft Office suite including excellent Excel and VBA skills, knowledge of Matlab would be a plus; Full command of English language (spoken and written), knowledge of Italian language would be an advantage but not essential. EXPERIENCE Working Experience Minimum 3 years of experience working within a trading or origination role. Operational Risk experience desirable but will consider candidates with knowledge of the trade lifecycle (i.e. Middle Office, Risk, Back Office). Knowledge of Enterprise Risk Management frameworks would be an advantage but not essential. Strong bias towards a particular product set rather than a generalist (i.e. LNG, Derivatives, Crude, Products, Power, Gas or Emissions) REMUNERATION £35k-£45k Per Annum
£40000.00 - £50000.00 per annum
OVERVIEW An exciting opportunity has arisen working for our client who is an international trading company looking for a qualified Accountant based in London. The role will consist of; Ensuring accurate and timely submission of financial information Updateand maintain BS reconciliations Collate management information as required DUTIES AND RESPONSIBILITIES Prepare, review and post AR and AP entries Prepare GL entries and posting of the assigned company Prepare bank reconciliation, and adjusting entries Account for staff expense claims Review the vendor payment process Analysis of keys accounts and expenses Prepare Balance Sheet schedules Monthly closing and preparation of Management and Statutory Accounts Assist in company's year-end audit Assist in updating the Accounting Manual Any other ad-hoc duties assigned EQUIREMENTS SKILLS AND COMPETENCIES Proficient in MS Office including Excel (intermediate to advanced) Excellent communication skills Good organization and time management and team working skills Experience with MS Dynamics preferred ATTRIBUTES Be keen to learn, understand and take on new tasks Commercially aware Be self-motivated and capable of using and applying their initiative to new situations Excellent attention to detail Excellent analytical ability Team-player and able to work independently Pleasant personality with the ability to communicate effectively with individuals at all levels Interested in continuous process improvement EXPERIENCE Working Experience Minimum 3 years post graduate experience Working in similar environment is desirable but not essential EDUCATION ACCA or CIMA qualified REMUNERATION £50,000pa
Junior Derivatives Back Office Specialist
£30000.00 - £40000.00 per annum
OVERVIEW An exciting opportunity has arisen to join an International Oil and Gas Trading Company. My client is looking for an intelligent, diligent candidate join their derivatives back office. The role is a valuable first step into both the oil & gas industry and the financial instruments sector, and would suit a candidate who is numerate and has an aptitude for learning the complexities of trading and derivatives. Key responsibilities include, inter alia: Back office processing of all financially settled transactions: Confirmations (ISDA or long-form), invoicing, outgoing payments, incoming payments. Daily check of all financially settled transactions for their accuracy, completeness and consistency with the data in the ETRM system; communication to relevant departments to ensure any necessary corrections are carried out. Daily independent reconciliation of broker statements and trading system entries. Manage the counterparty approval process, ensuring that all prospective trading counterparties meet minimum standards and that they are correctly set up in the ETRM system Supporting the wider Finance team on ad hoc tasks In addition to experience in the derivatives field, the role offers wide exposure to the day-to-day workings of an oil trading firm, due to the relative size of the Supply and Trading, and the open, friendly nature of the company. Minimum requirements Meticulous attention to detail Excellent time-management skills Must be comfortable with Excel. Ability to work well within a team Strong communication skills Though not a pre-requisite, my client would be interested in candidates who can display any of the below: Financial services knowledge An understanding of the management of Derivatives clearing and settlement procedures Experience of working in a Derivatives back or middle office environment A good understanding of the oil & gas value chain
With an enviable reputation built over 18 years, our risk and finance team are highly skilled at matching mid and senior level candidates with roles in the commercial downstream sector of the energy and commodity market. Alongside oil and oil products, we also cover gas, power, LNG, metals, coal, freight, soft commodities and the shipping industry.
We’ve watched candidates grow in careers in risk management, analysis, refinery planning and optimisation, derivative operations, settlements, accounts, contracts, treasury, compliance and legal.
We work with trading companies, investment banks and oil majors in London and Switzerland, as well as the Middle East, Singapore and USA and are proud to boast client relationships stretching back to 1998.
You can view our current vacancies above, or talk to us about your plans for growing your team.
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