Oil Risk
hace 2 semanas
**Main Purpose**:Risk analysis of trading profit and loss/ exposure that is used as a key management control for all international/domestic oil trading strategies. Production/management of all daily reports to support this function including delta changes, deal economics, price exposure, hedge requirements and ad hoc management reporting.
**Knowledge Skills and Abilities, Key Responsibilities**:
- Knowledge and Skills: _
- Excellent communication skills
- Strong numerical skills
- Teamwork
- Intermediate or Advanced excel knowledge
- Ability to work under pressure
- Report writing skills
- Ability to use multiple systems at once
- Strong work ethic and organizational skills
- Knowledge of physical, derivatives, and underlying transactional instruments. (preferred but not a must)
- Experience in position, exposure and commercial PnL reporting (preferred but not a must)
- Key Responsibilities: _
Various platforms provide the core structure of our data capture for reporting purposes. Management of the data integrity in our system is essential as it provides all the base information in our PnL and exposure analysis. A strong understanding of physical deal economics and the key components are essential (Freight, Demurrage, Finance, hedging, pricing) as one core responsibility is to correctly set up inception profit and loss (PnL ). Once inception PnL has been established and agreed with the commercial team. From this point onwards the daily changes in PnL and exposure due to underlying market conditions, economics, basis risk and mark to market values are then assessed and a daily commentary of variances produced. Other key duties include ensuring all basis risk and volumetric positions are correct and appropriate hedge and pricing actions are taken to mitigate the company’s risk, and then ensuring all executions are correctly allocated within trading system.
Reconciliation of all estimates used in PnL to the final invoice value ensures our trading PnL is deemed to be finalized and correctly in line with our statutory requirements. This information is then used to drive the trade ledgers in the statutory accounts. The role also carries a large emphasis on the continual review and upgrade to processes and system to increase the accuracy and timeliness of our reporting.
**Key Relationships and Department Overview**:
The key relationships of the role will be with the local and regional Trading, Operations, Finance, Accounting, Contracts, FX and Invoicing teams as well as Deals Desk Global Teams and Management.
Trafigura’s Deals Desk department is responsible of the Group’s Trading PnL Reporting and Hedging requirements of both physical and paper positions. It also acts an independent control department analyzing any risk that can arise from a new or current business activity, calculating, analyzing and reporting positions and exposures. It operates in partnership with front, mid and back-office functions to ensure that our reports and actions are accurate and representative of the dynamic business we are in. Trafigura’s Head of Deals Desk reports directly to the Group’s Chief Operating Officer.
We maintain a responsible and active culture where all staff recognize personal and collective responsibility to the business success with minimum risks.
About Us
Founded in 1993, Trafigura is one of the largest physical commodities trading groups in the world. At the heart of global supply, Trafigura connects the world with the vital resources it needs. Through our Oil & Petroleum Products, Metals and Minerals, and Power and Renewables divisions, we deploy infrastructure, skills and a global network to move commodities from where they are plentiful to where they are needed most, forming strong relationships that make supply chains more efficient, secure and sustainable.
Trafigura also owns and operates a number of industrial assets including a majority share of global multi-metals producer Nyrstar and fuel storage and distribution company Puma Energy; and joint ventures Impala Terminals, a port and logistics provider, and Nala Renewables, a power and renewable energy investment and development platform. With over 1,000 shareholders, Trafigura is owned by its employees and employs over 13,000 people working in 48 countries.
-
Oil Risk and Market Analyst
hace 7 horas
Montevideo, Uruguay Trafigura A tiempo completo**Main Purpose**:Risk analysis of trading profit and loss/ exposure that is used as a key management control for all international/domestic oil trading strategies. Production/management of all daily reports to support this function including delta changes, deal economics, price exposure, hedge requirements and ad hoc management reporting. **Knowledge Skills...
-
Structured Trade Finance Analyst
hace 4 semanas
Montevideo, Uruguay Trafigura A tiempo completo**Main Purpose**:This role will focus on the origination, structuring, execution & monitoring of prepayment transactions to suppliers of traded commodities. **Knowledge Skills and Abilities, Key Responsibilities**: - Around 2 years or equivalent preferably within a Trading Company / Financial institution having gained a basic understanding of the principals...
-
Global Commodity Trader
hace 7 horas
Montevideo, Uruguay Trafigura A tiempo completo-Trafigura Montevideo, United States Posted 8 hours ago Permanent Competitive **Main Purpose**: We're currently recruiting for mid-level global trading roles across our Oil & Petroleum Products, Metals & Minerals, and Gas & Power divisions. - Joining one of Trafigura's trading teams provides an unrivalled opportunity to be part of a leading international...
-
Accounting Analyst
hace 2 semanas
Montevideo, Uruguay Trafigura Pte LTD Sucursal Uruguay A tiempo completo**Main Purpose**: Working for the regional Controllers in Trafigura’s three regional hubs (Singapore, Geneva, Houston) this role is responsible for the preparation of clean Trial Balances for Trafigura’s Oil & Gas Trading entities and other associated entities. The role supports all aspects of monthly financial and management reporting. This role will...
-
Accountant
hace 4 días
Montevideo, Uruguay Trafigura A tiempo completoMain Purpose: Working for the regional Controllers in Trafigura’s three regional hubs (Singapore, Geneva, Houston) this role is responsible for the preparation of clean Trial Balances for Trafigura’s Oil & Gas Trading entities and other associated entities. The role supports all aspects of monthly financial and management reporting. This role will give...
-
Senior Maintenance Manager
hace 4 semanas
Montevideo, Uruguay Believe Resourcing A tiempo completo**Our client**: Our client creates world-class sustainable solutions for leading players in the oil and gas, wind energy, marine, and infrastructure industries worldwide. They are a trusted global partner with 25 years of experience and have worked on more than 600 assets globally. With a focus on Health, Safety, Environment, and Quality (HSEQ), they are...
-
Refined Metals Operator
hace 4 semanas
Montevideo, Uruguay Trafigura A tiempo completo**Main Purpose**:Founded in 1993, Trafigura is one of the largest physical commodities trading groups in the world. Trafigura sources, stores, transports and delivers a range of raw materials (including oil and refined products and metals and minerals) to clients around the world. The trading business is supported by industrial and financial assets,...
-
Senior Scheduler Latam
hace 4 semanas
Montevideo, Uruguay Rolbay TA Linesight A tiempo completoOverview: As a **Senior Scheduler LATAM** **at Linesight, you will work with highly experienced, culturally diverse, and passionate teams nurturing a strong social dynamic and a shared sense of achievement. You will gain vast industry experience that will open doors for you, extend your skillset and expand your perspective. We will empower, support, and...