Based: Monaco or London
Reporting to: COO/Head of Physical Risk
Main Responsibilities
- Perform daily trade validation activities, ensuring that all physical transactions (with a focus on Steel, Base Metals, LPG and Solid Fuels) are accurately, completely, and promptly booked in the ETRM systems.
- Perform curve and price validation activities (spot/forward), ensuring market data accuracy in line with company procedures.
- Support the end-of-day process for physical transactions and hedges in the ETRM system, ensuring the timely generation of P&L reporting.
- Carry out mandate and unauthorised trade checks, escalating breaches in accordance with defined governance.
- Monitor and manage key trade lifecycle events (e.g., deal amendments and cancellations, actualisations, invoicing), ensuring timely escalation and correct system representation.
- Ensure compliance with all internal regulations.
- Support automation efforts by driving increased use of systems within the Trade Control team, eliminating manual spreadsheets, and ensuring relevant controls are implemented directly in the trade capture systems.
- Provide appropriate support to the Front Office for the approval of new products or non-standard initiatives.
Skills And Experience Required
- University degree in a numeracy-oriented discipline (e.g., Finance, Economics, Financial Engineering, Risk Management).
- Experience within a Product Control, Market Risk, Middle Office, Risk Management or Trading Operations environment in a commodity or financial trading organisation. Knowledge of Steel, Base Metals, LPG and Solid Fuels would be an advantage.
- Knowledge of risk metrics and internal control systems applicable to physical and financial transactions.
- Good knowledge of IT systems, tools: Microsoft Excel, VBA, Microsoft Power BI (a plus), Aspect CTRM (a plus)
- Understanding of control processes applicable in a trading or regulated environment, including familiarity with market venues and system interfaces between the exchange and the trading business.
- Solid understanding of control processes in a trading environment.
- Strong control mindset, with the ability to identify issues, assess risks and escalate appropriately within a structured governance framework.
- Strong organisational skills and attention to detail, with the ability to work to tight deadlines.
- Strong communication skills, with the ability to build and maintain effective internal and external relationships.
- Proactive, results-oriented approach, with experience working in an international team environment.
- Fluent level of English
Job Types: Full-time, Permanent
Pay: 40,954.51€ - 52,983.81€ per year
Work Location: In person