Total recrute un analyste Middle Office H/F, Suisse
Job Description
What you will do
You will work in the Global Risk Control department, under the supervision of Middle Office Supervisor, and will seek to measure, analyse and monitor the P&L, Exposure and the Value At Risk of the Trading Desks. You may be expected to develop new tools to secure and optimize the process and build new reports adapted to the business evolutions. The position is based in Geneva and include oversight of both European and global energy markets.
- As part of the Global Risk Control Organisation activities involve contributing to any Risk Control process of the entities covered by the Global team:
- Analyze, model, and report market risk for all trading activities. Assess and monitor physical and financial trades, transportation, storage, park and loan, and foreign exchange deals. Analyze mark-to-market valuations, risk positions, basis changes, and P/L results on a daily basis. Develop and maintain risk reporting/analytical tools to communicate position, P/L and market risk to traders and management.
- Coordinate and review deal and price in trading system by performing deal check, price validation, curve update, and data reconciliation. Monitor timely deal capture, internal trading limits, and risk policy requirements to ensure the representativeness and integrity of transactions in the trading system.
- Provide critical thinking around risk reporting processes, quantification, and analysis of commodity exposure and forward price movements for TGPL’s multi-products trading activities. Maintain, enhance, and review risk models. Test new risk calculations, evaluate model assumptions against fundamentals, and communicate suggested modeling/valuation enhancements to achieve better valuation and risk quantification. Communicate effectively with Front Office, Operation, back office and Finance team on inputs and assumptions
- Work closely with Traders to quantify and explain the sources of risk in their portfolios. Promote innovative ways of leveraging existing data monitor and manage their risks.
- Contribute to the reporting of Trading Result/ Position to Senior management.
- Work closely with Back Office, Finance, Credit, Legal & Compliance, Front-Office to improve the flow of data across department and the accuracy of analysis.
- Support, identify, and assist in implement of process improvement, from system testing and implementations to desk level process.
- Identify and communicate operational risk, define risk mitigating measures and priorities.
Accountabilities
- Compliance with internal trading limits ;
- Accurate and independent analysis, valuation, and reporting of risk positions and trading results ;
- External regulatory compliance
Context and environment
- Fast-paced, dynamic trading environment with time-sensitive, business critical activities requiring instantaneous analyses and generation of reports ;
- The Middle Office Analyst is part of the Global Risk Control team involving Houston, Geneva, and Singapore ;
- The Middle Office Analyst works closely with Front Office, Operations, Back Office, Finance, Compliance, and Trading System teams. The team works across locations and product types including natural gas, NGL, LPG, shale gas, LNG, power, emissions, and dry bulk products ;
- The Middle Office is responsible for calculating profits and losses and for monitoring the risks of the trading department. It is responsible for all aspects of market risk control, such as risk identification, measurement, monitoring and disclosure across various classes of energy commodity assets ;
- The Top Management of Gas branch follows and controls the trading activity through the Middle Office reports.
Candidate profile
- Master degree or equivalent in Finance or quantitative discipline ;
- You have ideally gained a first professional experience in a role where you have been exposed to markets (Back Office or Middle office position) ;
- You have a comprehensive understanding of risk management methodologies and valuation models ;
- Having a previous experience in gas or power will be seen as an advantage ;
- Being fluent in English is essential for this position. Sound verbal and written communication with great ability to convince in English is required ;
- Good programming skills (Python or VBA) ;
- High levels of numeracy and computer literacy ;
- High degree of accuracy and efficiency under set deadlines ;
- Strong analytical and problem solving skills ;
- High levels of flexibility with regard working hours ;
- Good interpersonal skills.
Offer ID : 43819BR
Metier : Financial Middle / Back Office
Employment type : Regular position
Experience level required : Less than 3 years
Employer company : TOTAL GAS & POWER LTD
Branch : Gas Renewables And Power
About us / company profile
TotalEnergies has developed a strong expertise in oil and biofuels, natural gas and electricity trading. Trading entities are based in Geneva, Paris, Houston and Singapore.
TotalEnergies installed its European trading hub across in Geneva, which now bring together very large teams around trading activities: TotalEnergies Trading & Shipping (T&S) and TotalEnergies Gas and Power (TGP).
TotalEnergies Gas and Power (TGP) is the trading arm of TotalEnergies in the field of low carbon energies (mainly gas, LNG and power). As such, it operates in fast-evolving market dynamics influenced by internal and external factors that require constant adaptation and evolution. Uncertainties specific to the trading environment (volatility of prices, supply & demand mismatches) are coupled with those coming from the broader energy sector (climate change policies, changes in the energy mix, developments of new energy sources, etc). In such context, TGP helps to ensure growth and profitability to a key segment of the business in order to reach the objective of Carbon Neutrality by 2050.
We are looking to hire an Analyst to join our Gas, Power and Emissions Middle Office team.