Middle Office Analyst

Middle Office Analyst

We are looking for a motivated and eager candidate with a keen interest in the commodity
trading and derivative environment to join the Finance Middle Office team.

The role

• Daily reporting


• Daily P/L reporting per desk, including attribution and commentary


• Daily position reporting per desk, including attribution and commentary


• Actualisation review

Structure deal economics

• Review and validation of initial deal economics including model integrity, accuracy and
  completeness


• Structured deal performance review and reporting


• Scenario analysis

Deal entry validation

• Validate physical commodity deal entry against business confirmations and signed
  contracts, in close coordination with the front office


• Validate physical commodity deal amendments against signed contract amendments, in
  close coordination with the front office

Controlling

• Support Corporate Finance Operations with the daily resolution of broker reconciliation
  breaks


• Validate Over the Counter ‘OTC’ deal entry against business confirmations and signed
  contracts, in close coordination with the front office


• Validate OTC amendments against signed deal amendments, in close coordination with
  the front office


• Follow up on unconfirmed deals, pending OTC deal finalisation and signature and/or

amendments/signature in close coordination with the front office

System administration

• Daily price curve validation against market data


• Portfolio structure management


• Trade master data management

Price curve modelling

• Model and back test price curves for illiquid markets including premiums

Projects

• Daily position and P/L process and systems review and standardisation


• In collaboration with other middle office teams and functions, identify and implement
  middle office best practice including processes and internal controls


• Contribute to the design and testing of automated middle office functionality and controls

Our ideal person

• Adaptable, dynamic and organised with a positive and enthusiastic attitude




• Good communicators, that Interact well within a team and actively manage expectations




• Take initiative in resolving issues in a structured methodical manner




• Have a strong sense of responsibility and ownership, and are attentive to detail, in a fastmoving environment.

Minimum requirements

• Background in Finance with middle office experience in a commodity trading or financial
  institution




• Chartered Accounting qualification with “Big Four” articles experience, or a master’s
  degree in Finance




• Working knowledge of commodity trading systems and ERP integration




• Advanced knowledge of MS Office tools, especially Excel




• Advanced English language ability, both written and spoken




• Keen interest in trading, derivatives, business process automation, internal control,
  efficiency and improvement




• We are committed to providing benefits, which promote mental, physical and financial well




• being. From

healthy meal options in our restaurants and bistros to free use of the in-house gym including sport classes
with professional trainers.

• We reimburse public transport for commuting to work.


• We provide tuition assistance for further education and training courses.

Glencore is one of the world’s largest natural resources companies. Our operations comprise around 150 mining and
metallurgical sites and oil production assets, employing 135,000 people directly and as contractors around the
world.
is to responsibly source the commodities that advance everyday life. The products we source
and
market play an essential role in modern life. From the copper, cobalt and nickel powering the electric vehicle and
renewable energy revolution, to the energy products helping us power this transition and keeping the lights on
today– what we do touches every part of life as we know it.

The diversity of our portfolio underpins our strategic ambition to play a leading role in enabling the decarbonisation
of global energy usage through providing metals such as copper, cobalt, zinc and nickel that are essential to the
transition to a low-carbon economy. In a first for the mining and trading industry in addressing Climate Change, we
launched a net zero total emissions ambition by 2050, which aligns our business strategy with the goals of the Paris
Agreement.
Come and join us on our journey to a sustainable future.

• Introducing Glencore video


• • Glencore’s Purpose and Values


• Purpose and Values booklet


• 2021 Annual Report


• • 2021 Sustainability Report

Note: All applications will be subject to potential background checks. You will be informed if this will be the case. Further information about the*
processing of your personal data will be made available during the application process. We'll seek your explicit consent prior to processing the data