Middle Office Analyst

Finance

SINGAPORE-FRASERS TWR(SGP)

Singapore

The job holder will work in the Global Risk Control department, under the supervision of Middle Office Supervisor, and will seek to measure, analyse and monitor the P&L, Exposure and the Value At Risk of the Trading Desks. The position is based in Singapore and include oversight of both global and Asian energy markets.

As part of the Global Risk Control Organisation, activities involve contributing to any Risk Control process of the entities covered by the Global team:

- Analyse, model and report market risk for all trading activities. Assess and monitor physical and financial trades, transportation, storage, park and loan, and foreign exchange deals. Analyse mark-to-market valuations, risk positions, basis changes, and P/L results on a daily basis. Develop and maintain risk reporting/analytics to communicate position, P/L and market risk to traders and management.
- Coordinate and review deal and price in trading system by performing deal check, price validation, curve update, and data reconciliation. Monitor timely deal capture, internal trading limits, and risk policy requirements to ensure the representativeness and integrity of transactions in the trading system.
- Provide critical thinking around risk reporting processes, quantification, and analysis of commodity exposure and forward price movements for multi-products trading activities. Maintain, enhance, and review risk models. Test new risk calculations, evaluate model assumptions against fundamentals, and communicate suggested modelling/valuation enhancements to achieve better valuation and risk quantification. Communicate effectively with Front Office, Operation, Back Office and Finance team on inputs and assumptions.
- Work closely with Traders to quantify and explain the sources of risk in their portfolios.
- Contribute to the reporting of Trading Result/ Position to senior management.
- Work closely with Back Office, Finance, Credit, Legal & Compliance, Business Unit Control to ensure best control practices, operational efficiency and policy/limit compliance.
- Coordinate with Compliance to ensure compliance requirements are met.
- Support, identify, and assist in implement of process improvement, from system testing and implementations to desk level process.
- Automate processes.
- Identify and communicate operational risk, define risk mitigating measures and priorities.

**Context and environment**
- Fast-paced, dynamic trading environment with time-sensitive, business critical activities requiring instantaneous analyses and generation of reports.
- The Middle Office Analyst is part of the Global Risk Control team involving Houston, London, and Singapore.
- The Middle Office Analyst works closely with Front Office, Operations, Back Office, Finance, Compliance, and Trading System teams. The team works across locations and product types including natural gas, NGL, LPG, shale gas, LNG, power, emissions, and dry bulk products.
- The Middle Office is responsible for calculating profits and losses and for controlling the risks of the trading department. It is responsible for all aspects of market risk control, such as risk identification, measurement, monitoring and disclosure across various classes of energy commodity assets.
- The Top Management of Gas branch follows and controls the trading activity through the Middle Office reports.
- Degree qualified in economics /finance /business /mathematics or quantitative discipline.
- Comprehensive understanding of risk management methodologies and valuation models.
- Knowledge of key energy trading markets including LNG, Natural Gas, Power and carbon emission.
- High levels of numeracy and computer literacy.
- High degree of accuracy and efficiency under set deadlines.
- Strong analytical and problem solving skills.
- Programming skills (Python, VBA) are optional but preferred.
- High levels of flexibility with regard working hours.
- Good interpersonal skills.

**Offer ID**

57984BR

**Metier**

Financial Middle / Back Office

**Employment type**

Regular position

**Experience level required**

Minimum 3 years

**Employer company**

TotalEnergies Gas & Power Asia Private Limited

**Branch**

Gas Renewables And Power

**About us / company profile**

The global activities of the Gas & Power Branch of TotalEnergies SA, and its affiliates, subsidiaries and associated companies (“TotalEnergies Gas & Power”, "Group" or "TotalEnergies") include the marketing and trading of natural gas, liquefied natural gas ("LNG") and power, the trading of liquefied petroleum gas ("LPG"), natural gas transportation and storage, as well as LNG re-gasification and the production and sale of coal and petcoke.

TotalEnergies Gas & Power’s trading teams are responsible for optimising the purchase/sales portfolios of gas, electricity, coal and LPG via transactions (arbitrage, balancing and hedging) in all recognised markets, in compliance with Company's trading guidelines.