Commercial Analyst - London, United Kingdom - Eaglecliff Limited

Eaglecliff Limited

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Exciting opportunity for a German speaking Commercial Analyst / German speaking Graduate to join this global Energy company.

This is an exciting time to be joining this world-leading company as they transform themselves from a traditional Oil & Gas company into a leading name within the Renewables sector.

This includes the creation of an already highly successful new Power Tradingdesk within the Energy Trading team as well as new ventures into various innovative solutions around the supply of Renewables including wind farms, electric vehicle charging, solar panel heating and battery storage.

These innovative solutions provide opportunitiesfor exceptionally highly talented individuals to contribute to the success of this transition where you will be working with some of the best people in the industry working on new and ground-breaking initiatives utilising the very latest technology.

Trading & Supply integrates a worldwide trading network with an unsurpassed global portfolio in crude oil, refined products, natural gas, electrical power and chemicals, from its main locations in London, Houston, Calgary, Singapore, Dubai, Rotterdam, and TheBahamas.

The position is part of the Contracts team that supports the Europe & Environmental products. The team markets and trades natural gas and power across Europe and manages the company's environmental products business globally.

The team counterparties includemajor resource holders of gas, upstream producers, investment banks, trading houses, utilities, power generators and large industrial and commercial gas and power users.

The primary purpose of the Commercial Advisor is to validate trades entered, working closely with the trading teams to ensure the accuracy of the Energy Risk & Trade Management (ETRM) system, and confirm trades with counterparties.

Key accountabilities:

Draft (whether automatically through STP tools or manually) and ensure timely dispatch of all Counterparty Confirmations.
Receive and reconcile all Counterparty Confirmations.
Chase outstanding and overdue Confirmations to ensure receipt within contractual deadlines.
Monitor electronic Confirmations (both Broker and Counterparty) for failures and resolve through to successful match.
Ensure compliance at all times with the Global Contracts Control Framework and relevant SOX Controls. 6. Support the provision of regular KPIs.
Maintain desktop procedures to reflect current processes. 8. Handling any other ad hoc Trading / Confirmation requests and queries as required.
Validate trader deal sheets/recap against the ETRM to ensure accuracy of the deal capture.
Reconcile broker recaps and investigate any mismatches.