About the role
Main Purpose:
Risk Management & Reporting and Product Control functions of accounting and financial reporting are the core aspects of the Deals Desk role.
Risk Management entails measuring, verifying, reporting and mitigating risks arising out of the physical and derivative oil business.
Product Control entails validating the accuracy and legitimacy of the accounting and financial reporting of the Profit and Loss numbers arising out of the business. Management Reporting of performance with historic comparisons and market analysis.
Knowledge Skills and Abilities, Key Responsibilities:
- Product level management and reporting of Risk, Exposures and P&L arising out of physical and derivative oil trading strategies
- Generating forward curves used to mark-to-market the business daily
- Product Level analysis of performance of the business through Positions, Profit and Loss and Volume analysis and reporting these to the Product Head and other Senior Management
- Collaborating closely with other key departments of Credit, Tax, Accounting, Operations and Chartering to ensure smooth functioning of the day-to-day business translates into accurate reporting daily
- User Acceptance Testing (UAT) with IT to constantly improve proprietary Trading and Risk Management systems
- Understanding of physical & derivative oil markets inclusive of its underlying structures and instruments
- Awareness of trading models and trading strategies and exposures that arise out of them
- Expertise in Proprietary Trading and Risk Management Systems
- Advanced Excel skills
- Strong work-ethic & organisational skills
- Excellent communication
- Multi-tasking ability
Key Relationships and Department Overview:
Reports into Deals Desk Team Lead with business level reporting into Global Product Manager.
Key Relationships: Deals Desk Management, Regional Senior Management, Finance, Chartering, Credit, Demurrage, Tax, Compliance, Deals Desk team
About Trafigura
Trafigura is a leading commodities group, owned by its employees and founded over 30 years ago. At the heart of global supply, Trafigura connects vital resources to power and build the world. We deploy infrastructure, market expertise and our worldwide logistics network to move oil and petroleum products, metals and minerals, gas and power from where they are produced to where they are needed, forming strong relationships that make supply chains more efficient, secure and sustainable. We invest in renewable energy projects and technologies to facilitate the transition to a low-carbon economy, including through H2Energy Europe and joint venture Nala Renewables.
The Trafigura Group also comprises industrial assets and operating businesses including multi-metals producer Nyrstar, fuel storage and distribution company Puma Energy, and our Impala Terminals joint venture. The Group employs over 12,000 people, of which over 1,400 are shareholders and is active in 156 countries.
Visit: www.trafigura.com
About the role
Main Purpose:
Risk Management & Reporting and Product Control functions of accounting and financial reporting are the core aspects of the Deals Desk role.
Risk Management entails measuring, verifying, reporting and mitigating risks arising out of the physical and derivative oil business.
Product Control entails validating the accuracy and legitimacy of the accounting and financial reporting of the Profit and Loss numbers arising out of the business. Management Reporting of performance with historic comparisons and market analysis.
Knowledge Skills and Abilities, Key Responsibilities:
- Product level management and reporting of Risk, Exposures and P&L arising out of physical and derivative oil trading strategies
- Generating forward curves used to mark-to-market the business daily
- Product Level analysis of performance of the business through Positions, Profit and Loss and Volume analysis and reporting these to the Product Head and other Senior Management
- Collaborating closely with other key departments of Credit, Tax, Accounting, Operations and Chartering to ensure smooth functioning of the day-to-day business translates into accurate reporting daily
- User Acceptance Testing (UAT) with IT to constantly improve proprietary Trading and Risk Management systems
- Understanding of physical & derivative oil markets inclusive of its underlying structures and instruments
- Awareness of trading models and trading strategies and exposures that arise out of them
- Expertise in Proprietary Trading and Risk Management Systems
- Advanced Excel skills
- Strong work-ethic & organisational skills
- Excellent communication
- Multi-tasking ability
Key Relationships and Department Overview:
Reports into Deals Desk Team Lead with business level reporting into Global Product Manager.
Key Relationships: Deals Desk Management, Regional Senior Management, Finance, Chartering, Credit, Demurrage, Tax, Compliance, Deals Desk team
About Trafigura
Trafigura is a leading commodities group, owned by its employees and founded over 30 years ago. At the heart of global supply, Trafigura connects vital resources to power and build the world. We deploy infrastructure, market expertise and our worldwide logistics network to move oil and petroleum products, metals and minerals, gas and power from where they are produced to where they are needed, forming strong relationships that make supply chains more efficient, secure and sustainable. We invest in renewable energy projects and technologies to facilitate the transition to a low-carbon economy, including through H2Energy Europe and joint venture Nala Renewables.
The Trafigura Group also comprises industrial assets and operating businesses including multi-metals producer Nyrstar, fuel storage and distribution company Puma Energy, and our Impala Terminals joint venture. The Group employs over 12,000 people, of which over 1,400 are shareholders and is active in 156 countries.
Visit: www.trafigura.com