Desk Assistant, Energy Trading

Role Scope:

To support the energy desk in the day-to-day process of trading; booking trades, maintaining trade blotter, interface with risk systems including Openlink and pricing sheets, monitoring P&L; interfacing with back office to assure accuracy of trades and positions in the most effective manner possible within all Company policies and protocols on risk, credit and exposures. Data base maintenance. Other day-to-day functions, as well project work which supports the trading desk, as determined by the Head of Trading. The job is also a starting position for path development into a potential trading/risk management role.

Key Responsibilities & Accountabilities:

To at all times adhere to the Conduct Rules as set out in the Senior Manager & Certification Regime (SMCR).

• Working with the Traders and Back Office, assisting in the daily activities of processing trades, reconciling positions and accurate P&L; and all aspects of Front Office Trading. 
• To accurately and timely enter all trades entered into on behalf of the company into the Trading System (Openlink).
• Develop knowledge of natural gas and power markets and grasp an in-depth understanding of the risks inherent in trading these markets.
• Liaise with other Traders on pricing transactions and managing risks across multiple books.
• Work with senior members of the team on continual improvement of pricing and risk management systems to optimise processes across the desk;
• Acting within the company policies and procedures ensuring compliance within the Risk Policies and related ethical standards such as the Code of Conduct;
• To actively keep informed and share information with the business on the energy markets and the operating environment;
• To monitor positions on the trading system to ensure compliance with company trading policies;
• To update appropriate prices within the trading system on a continuous basis including at close of each trading day;
• To provide information as required for management upon request.
• To ensure compliance with any regulatory requirements needed to perform main duties & responsibilities.

Special Working Conditions:

• Screen based information systems.
• Spreadsheets and PowerPoint.

Person Specification:

• Graduate with a relevant degree in Mathematics, Physics, Economics or Engineering related subjects
• Basic understanding of commodity derivatives desirable.
• Advanced Excel skills are a requirement.
• Excellent numeracy, analytics, combined with strong communication skills.
• Previous commodity experience or internship could be a plus.
• Willingness to take initiative to support the desk’s trading activities.