Sr. Middle Officer

3 weeks ago

Houston, United States Mercuria Full time

Risk Management - Middle Office


Middle officers maintain constant risk monitoring of trading positions. They are responsible for the physical trade entry in the ETRM systems, daily position monitoring and reporting, and Profits and Losses reporting, and secondary cost accruals. They actively participates in risk management strategies. Middle officers are the first line of defense of the risk and control team.


Responsibilities:


  • Daily oversight of trading activities for the for the North American Power, Natural gas Emissions trade desks.
  • Lead the standardization and execution of daily processes in the areas of deal level exposure, daily P&L; validation, global exposure and P&L; reporting, providing the appropriate level of oversight and review.
  • Drive consistency, efficiency and automation for regional and global activities of the Team, as well as support Global initiatives for Middle Office operations.
  • Enhance engagement with the commercial team through analytic support, including developing tools and metrics to provide better insights into the business activities and key drivers of P&L.
  • Assist w/ modeling and pro forma valuations for structured transactions leveraging SQL and python to integrate into current ETRM.
  • Work on identifying, quantifying, monitoring, and explaining energy market risks to internal stakeholder, Traders and Senior Management.
  • Assess traders’ positions, terms, products, instruments and all other parameters against traders’ authorized risk limits.
  • Perform price verification analysis against third party vendors for daily and monthly price curves to ensure forward valuations are at market.
  • Daily production and evaluation of risk reports, to include but not limit to, profit and loss attribution, position grids with customized views, daily Value at Risk, and weekly Stress Scenarios; report as required/needed to applicable management and/or traders.
  • Communicate portfolio risks, recent historical market movements and trends and their impact on the desk’s P&L to senior management, based in Geneva and USA.
  • Monitor daily VaR and other position reporting.
  • Work closely with the front desk and research current market conditions and/or changes in order to understand the potential magnitude or probability of potential adverse effects to the business. Effectively and timely communicate this research and the impact thereof to the business.
  • Build and maintain working knowledge of the business with the ability to quantify and explain risks specifically for North American power, Natural gas, and Emissions.
  • Be responsible for communicating portfolio risks, recent historical market movements and trends their impacts to senior management as well as making recommendations on risk exposures.
  • Identifying, quantifying, monitoring and reporting market risks to traders and senior management.
  • Daily production of risk report (position, profit and loss, profit and loss attribution, daily Value at Risk (VAR), weekly Stress Scenarios).
  • Controlling, reporting, and making recommendations on risk exposures are central to this position.
  • Stay informed on regulatory economic changes and issues as well as participate in meetings on issues related to Mercuria’s line of business.


Technical qualifications:


  • Direct experience with Power including FTRs, Physical flows and Transmission across the various ISOs. Experience with environmental products and scheduling a plus.
  • Excel proficiency required, including VBA
  • Tableau and OpenLink/Endur experience preferred as well as experience/desire to write code in Python and SQL
  • Strong analytical skills, including understanding of MTM, derivative valuation, various risk measurement methodologies, Heat Rate Option modeling, physical imbalances, and NPV analysis


Soft skills:


  • Good communication skills (ask questions, inquisitive willingness to learn, status reporting, etc.).
  • Attention to detail, disciplined approach to projects and meeting all deadlines.
  • Ability to handle fast paced environment, multitask and prioritize appropriately.
  • Ability to learn quickly.


Profile:


  • Bachelor’s degree in business, finance, accounting, engineering, computer science or quantitative subject is required
  • Minimum of five (5) years of experience in middle office, product control, market risk type functions with direct responsibility for daily pnl, position, risk reporting to traders and senior management in a trading shop environment for physical and financial energy products, with preference for physical natural gas markets.

  • Analyst, Middle Office

    4 days ago

    Houston, United States Petroplan Full time

    Our client is seeking a Full-Time Analyst, Middle Office to support US based LNG export facility and service the global demand for North American natural gas. This Houston-based position will support the long-term development of clean and reliable North American energy supplies.Job Responsibilities:* Support Middle Office end-of-day procedures by reviewing...

  • Analyst, Middle Office

    4 days ago

    Houston, United States Petroplan Full time

    Our client is seeking a Full-Time Analyst, Middle Office to support US based LNG export facility and service the global demand for North American natural gas. This Houston-based position will support the long-term development of clean and reliable North American energy supplies.Job Responsibilities:* Support Middle Office end-of-day procedures by reviewing...

  • Middle School Religion Education Teacher

    4 weeks ago

    Houston, Texas, United States St. Francis Episcopal School Full time

    The Middle School Religion teacher reports to the Head of Middle School as well as meets with the Sr. Chaplain for direction on religious education and formation in the Middle School. The teacher of Religion will foster and nurture the teachings and values of the Christian faith within the Anglican tradition while at the same time recognizing the diversity...

  • Middle Office Analyst for a Hedge Fund

    3 weeks ago

    Houston, United States Pan Capital Management Full time

    Job DescriptionJob DescriptionJob Description: We are seeking a diligent and analytical Middle Office Analyst to join our hedge fund team. The ideal candidate will bridge the front and back office, ensuring the accuracy of trade capture, supporting risk management activities, and facilitating regulatory compliance. Key responsibilities include analyzing and...

  • Sr. Quantitative Risk Analyst

    2 weeks ago

    Houston, United States Selby Jennings Full time

    Position Overview: Selby Jennings is partnered with one of the world's largest independent commodities trade houses to source talent for a Sr. Quantitative Risk Analyst. This position will work directly with the front office, business heads, and the trading desk in order to assess, develop, and implement risk models to support their functions. Key...

  • Middle School Language Arts Teacher

    1 month ago

    Houston, Texas, United States The Branch School Full time

    At Branch, we value every student and believe that a teacher's guidance and support are instrumental in helping each student realize their full potential. We support a classroom environment where teachers nurture children, welcome questioning, and foster a love of learning. We respect each child's unique talents and appreciate diversity in every area. We...

  • ETRM Sr. Business Analyst

    2 weeks ago

    Houston, United States Golden Pass LNG Terminal Full time

    Job DetailsLevelExperiencedJob LocationDowntown Houston - Houston, TXPosition TypeFull TimeDescriptionJob Summary / Purpose Golden Pass LNG is an ExxonMobil (30%) and QatarEnergy(70%) joint venture formed in the early 2000s to import liquefied natural gas. In 2019, the shareholders made a $10B final investment decision for "The Golden Pass LNG Export...

  • SR. Category Manager

    10 hours ago

    Houston, United States The Greater Houston Retailers Cooperative Association (GHRA) Full time

    Outsourced Payroll Services Sr. Associate - Remote Eligible Eide Bailly posted today More... front runner Project Manager - Large Commercial Healthcare Construction Projects Bernhard LLC Abilene, TX 79608 posted today More... front runner Senior Revenue Analyst - Remote - US Confluent Winters, TX 79567 posted 05/11/2024 More... front runner Senior Field...

  • Sr. Accountant

    1 day ago

    Houston, United States Actus Consulting Group Full time

    Language: English: Business Level, Japanese: Conversation Level Japanese Energy company is seeking a Sr. Accountant. Sr. Accountant must have a good working knowledge of the company’s business, USGAAP, relevant tax implications and financial analysis skills. Sr. Accountant should also possess strong IT skills, such as the MS Excel, the ERP system and other...

  • Sr. Analyst

    4 weeks ago

    Houston, United States Aramco Services Company Full time

    Sr. Analyst - Market Risk (1096) Aramco Trading Americas Houston, TX - Full Time OVERVIEW The Senior Risk Analyst role is a key control position within the Market Risk Group, which resides in the Middle Office. This role is responsible for independent risk and financial controls and is accountable for ensuring that trading activities are conducted within a...

  • Sr. Analyst

    3 weeks ago

    Houston, United States Aramco Services Company Full time

    Job DescriptionJob DescriptionSr. Analyst - Market Risk (1096)Aramco Trading AmericasHouston, TX - Full TimeOVERVIEWThe Senior Risk Analyst role is a key control position within the Market Risk Group, which resides in the Middle Office.  This role is responsible for independent risk and financial controls and is accountable for ensuring that trading...

  • Endur Sr. Developer

    3 weeks ago

    Houston, United States iSphere Full time

    Job DescriptionJob DescriptionSr. Endur Developer iSphere is searching for a Sr. Endur Developer in Houston, TX for a compelling Long-term opportunity, responsible for energy trading and risk management systems, market data information, and other systems and processes required to support natural gas trading. This role is for a Sr. Developer to work within a...

  • Senior Trust Officer

    3 weeks ago

    Houston, United States CareerBuilder Full time

    Financial services firm in Alaska seeks Sr. Trust Officer to administer and review complex trusts for their HNW/UHNW clients (25-50mm+ level clientele) Ensure administration and management of trust accounts Own the client relationship, serving as the main point of contact for HNW/UHNW clients and collaborating with their external advisors True trust...

  • Sr Proposal

    2 hours ago

    Houston, United States Datamatics Global Services, Inc. Full time

    JOB TITLE --- Sr Proposal SpecialistLOCATION ----- Houston,Texas,77058Duration ----- 6+ Months Contract (Extendable)Shift - M-F 8:00-5:00Note New hires will have an initial work schedule of Monday-Friday onsite at our Client offices to complete required training plans for this position. Upon successful completion of the Client training plan, the team hybrid...

  • Sr Dir Total Rewards

    12 hours ago

    Houston, United States Harris Health System Full time

    The Sr. Director, Total Rewards and HR Operations is responsible for the strategic leadership and direction of the Total Rewards, HR Operations, and People Analytics functions at Community. Partners closely with the Chief Human Resources and Administ Total Rewards, HR, Rewards, Leadership, Officer, Operations, Healthcare

  • Executive Administrative Assistant to the Sr. Vice President of Administration

    2 weeks ago

    Houston, United States Recruiting Source International Full time

    Executive Administrative Assistant to the Senior Vice President of AdministrationHouston, TXTemp to Hire$25.00/hr.GENERAL SUMMARYThe primary purpose of this position is to be responsible for managing and maintaining operational services for the Sr. Vice President of Administration. The incumbent provides complex secretarial and administrative support, which...

  • Sr Manager

    1 week ago

    Houston, United States Energy Transfer Full time

    Summary: The Sr. Manager, Corrosion Services South Region reports to the Vice President, Asset Integrity and maintains close communication and support to the Sr. Director Pipeline Integrity. The Sr. Manager, through direct action, subordinate positions, and six (6) Field Divisions initiates, develops and implements the Business Units technical direction and...

  • Sr. PowerApps Developer

    2 hours ago

    Houston, United States Quinnox Inc Full time

    Quinnox is a global IT services organization headquartered in Chicago, USA with presence in Europe, Middle East and India.We are an Agile, Midsize CMMI Level 5, ISO 9001:2008 and ISO 27001:2013 certified organization, working with Fortune 500 clients and have successfully executed projects in over 40+ countries across the globe. Quinnox is led by senior and...

  • Sr. Service Center Engineer

    1 day ago

    Houston, United States Orion Talent Full time

    Description Position Details: Title: Sr. Service Center Engineer Location: Houston, TX Shift: Day shift, typically M - F Compensation: Competitive base salary ($70k - 125k) depending on experience and qualifications plus annualized company bonus. Benefits: Medical, dental, vision, and 401 (k) plan with match, insurance, tuition reimbursement, and...

  • Sr. Project Manager

    3 weeks ago

    Houston, United States Automation Technical Resources Full time

    A leading company serving the Industrial Process Automation Industry has a full-time position available for a Sr. Automation Project Manager. This position is based out of their Houston, TX Office. The Sr. Automation Project Manager is responsible for the coordination of technical, commercial, and administrative activities required for a successful project...