Middle Officer - Refined Metals

Established in 2004, Mercuria is one of the leading integrated energy and commodity trading companies in the world. We bring energy markets together to support the needs of today by trading, structuring finance, and investing into strategic assets, while generating more than $110 billion in turnover.

Our operations span over 50 countries on 5 continents, including all the major energy hubs. We trade physical oil, energy products, environmental products and other commodities from Geneva, London, Singapore, Shanghai, Beijing, Dubai, Houston, Calgary and Greenwich (CT).

We are committed to advancing the transition to a more sustainable, affordable and reliable energy system for tomorrow. Over 50% of our assets are in low carbon & energy transition sectors - providing a strong platform to trade these new markets and support decarbonization.

In 2023, we established Silvania, a $500 million fund, investing into restoration and protection of nature and biodiversity globally and in support of the Paris Agreement goals & UN 30x30 biodiversity initiative. This new asset class supports nature protection and provides sustainable financial returns.

The Role

We are looking for an experienced and proactive Senior Middle Officer to support our Refined Metals trading desk. This role is critical in ensuring operational excellence, robust risk management, and process improvement across the full trade lifecycle.

The successful candidate will act as a key interface between front office and support functions, bringing deep experience in commodities operations, with a strong emphasis on metals concentrates. A sound understanding of operational risk, trade economics, and P&L attribution is essential. The role also involves mentoring junior staff and contributing to systems and process enhancements.

Key Responsibilites

• Ensure accurate and timely trade capture, position and pricing reporting for the concentrates desk
• Production of a daily P&L for the trading team, be able to produce a breakdown and explain key drivers (P&L attribution)
• Monitor risk exposures and trading limits, escalating breaches and proposing mitigation measures
• Work closely with traders to understand and challenge trading strategies from a risk and operations perspective

• Collaborate with internal stakeholders (back office, accounting, credit, and compliance) to ensure seamless trade flow
• Lead or contribute to system/process improvements in coordination with IT and business analysts
• Implement and enhance operational controls to reduce risk and ensure compliance

Technical expertise:

• 1-3 years of experience in a Middle Office or Trade Support role, ideally in refined metals trading
• Strong knowledge of physical and financial commodities trade lifecycles, especially in concentrates
• Proven experience with ETRM systems
• Advanced Excel skills; VBA and/or Python knowledge is a strong asset
• Excellent analytical and communication skills; ability to interact with senior stakeholders
• Highly organized, proactive, and comfortable working in a fast-paced environment
• Fluent in English