The role reports to the Trade Control Manager based in London.
The Trade Control Analyst is responsible for the control and reporting functions with the London and Houston team for INEOS Energy Trading businesses globally (Europe and US currently) with management information measuring procurement, hedging performance and development, and involved in delivery of a full suite of trading risk controls measures (market, credit, and cash risk) against agreed benchmarks. He/she is responsible for adherence to well-defined trade controls within a strict framework of delegated authorities. He/she is responsible for ensuring data integrity and systems (Allegro/Horizon/FEA) for all existing and developing exposure management and entrepreneurial trading activities based in Houston.
Responsibilities & Accountabilities
Ensure the trade control daily and monthly activities are performed in a timely manner.
Support systems for the control function with respect to exposure management and MI systems.
Manage trade control systems where we use Allegro/Horizon/FEA and suggest improvements.
Ensure paper trading activity is settled promptly and make sure profits are allocated to correct profit centres.
Supervise daily/weekly/monthly trading exposure and daily profit & loss reporting.
Work with Finance to ensure reconciliation of management information to financial accounts is completed and issues are addressed.
Support new business activities and ensure trade control and risk aspects are covered in the assurance process.
Be proactive and apply the control when required.
Pick up ad-hoc queries and provide solutions to the business.
Act as the focal point between office functions.
Skills & Knowledge Required
Education/Experience
Proven track record in trading control/risk.
Technical Skills
Understanding of the oil/gas commodities trading industry, markets, products, and exchanges.
Previous exposure to trading risk.
Understanding of accounts and accounting procedures (accrual and mark to market).
Behavioural Skills
Ability to challenge sensitive issues constructively whilst maintaining strong working relationships.
Represent control functions in a new team.
Maintain close contact with the international team and manager.
Proactively identify and communicate potential issues with the appropriate teams or stakeholders.
Ensure problems raised are followed up and worked on until completion.
Be versatile and enjoy working within a team environment.
High energy levels and a hands-on approach.
Highly driven, determined & hard-working – able to deliver against tight deadlines.
Excellent people skills to interact with external and internal contacts both at executive level and a technical level.
Excellent verbal, written, and presentation communication skills.
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