Commercial Analyst - Utilities

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Job description

Job Description

The Commercial Analyst (or CA) role supports all day-to-day running of the trading desk, ensuring a detailed position summary is kept for the trader and for the matrix as a whole (if applicable) as well as ensuring exposures are actively monitored during the trading day. This will involve consolidation of various data for the trading matrix both from within the Vitol MIS infrastructure and external. The CA is also accountable for a broader range of activities on the desk, e.g. risk modeling of trades and ensuring exposure is properly documented and calculated in a consistent manner, the monitoring of futures that are near expiry, and determining what to hedge in coordination with the Traders.

The CA works closely with all other Vitol departments to ensure accurate information needed throughout the lifespan of a transaction from execution to settlement is held in Vista. The CA is expected to provide commentary on the daily profitability reports to explain P&L movements - this requires the CA to have a strong understanding of the P&L drivers and other relevant market information related to the matrix. The CA provides all management information and decision support to the Trader, e.g. creating reports and/or undertaking general modeling and analysis on behalf of Trader. In many cases, this may involve other activities such as rolling storage or internal projects such as supporting the setup of a new business and working with MIS.

Job duties include:

Timely and accurate deal entry and deal reconciliation

Intra-day PnL and position reconciliation for the Utilities Matrices including Power and Natural Gas desks

Ability to work under pressure to resolve real-time issues confidently

Ability to manage communications, priority, and expectations with Traders, Operators and Management

Strong working relationship and communications with other internal departments

Continued development of Vista reporting and/or process improvements

Use Vitol's software platforms, custom analytical models, and industry standard techniques to identify opportunities and risks in the North American Utilities markets

Maintain, enhance, and monitor models and applications fundamental to our strategies and trading scenarios

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