Analyst - Derivatives

Main purpose Managing the entire lifecycle of Over The Counter and Exchange traded derivatives Key responsibilities Collateral management and OTC Margin call processing Ensure all trades processed through clearing banks are correct & reconcile to traders records. Work with internal departments, external counterparties and exchanges to resolve discrepancies on trades Maintain all clearing accounts on the internal system daily basis, processing contract expiries and trade transfers between accounts Inform the Treasury department of the daily movement of cash received or paid to the clearing houses. Perform Derivative settlements Perform Regulatory reporting for Regulations such as EMIR, MAS, Dodd Frank, REMIT Required qualifications Minimum 1 years experience in Derivatives - FX and/or physical commodity Technical Skills – Macros, VBA & Python Degree educated or equivalent in numerate discipline or above Preferred qualifications SME/end user experience on MUREX platform Working knowledge of regulations such as EMIR, MAS, Dodd Frank, REMIT Attributes for success Meticulous attention to detail Flexible attitude and self-motivated Proven ability to partner with global stakeholders Fast learner and comfortable operating in a dynamic environment Department overview All of Trafigura’s global derivatives positions flow through this department which gives us a wide exposure to the different global derivatives contracts in the market. Swaps and Futures is the backbone of Trafigura’s trading structure and as such we are responsible for managing the complete lifecycle of Derivative positions and are the key point of contact for all front and middle office derivative queries. Communication within this department is not limited to internal stakeholders but with external counterparties as well to ensure that the business commercial requirements are met. The nature of Trafigura’s business is constantly changing with new assets classes being constantly added, all team members are trained to be adaptive to meet this challenge. Whilst tasks might be process-orientated, team members are encouraged to think critically to improve the current workflow. Opportunities in this team exist for cross-training and multiple members of this department in the past have gone on to take on more challenging roles within the organization Key Relationships • Internal: Traders, Deals Desk, Treasury, Oil Accounting, Credit, IT • External: Clearing Brokers, Exchanges, Executing At the heart of global supply, Trafigura connects vital resources to power and build the world. Through our Metals and Minerals, Oil & Petroleum Products and Gas, Power and Renewables, commercial divisions, we use infrastructure, logistics and financing to connect producers and consumers, using our deep understanding of the markets we serve to make supply more efficient, secure and sustainable. We are accelerating our investments in renewable energy, including hydrogen, ammonia and other low-carbon energy technologies required for the transition to a low carbon future. We are committed to responsible business practices and we work with our stakeholders to improve environmental and social standards, bringing greater trust and transparency to global supply chains. A career at Trafigura offers a gateway to working on some of the most exciting challenges of a rapidly changing world – from helping to optimise supply chains to developing infrastructure and new markets. In a culture that is founded on openness and energy, our people work as part of a multinational, globally connected team and thrive in a fast-paced environment where they can nurture and commercialise bold ideas. Everyone has a voice and is empowered to collaborate across geographies and disciplines to help shape our business and the wider world. We know the importance and value of diversity in our business and we invest in attracting, developing and retaining talent from all backgrounds. Founded in 1993, Trafigura is one of the largest independent employee-owned commodities groups in the world with over 12,000 people working across more than 60 offices. The Trafigura Group owns global multi-metals producer Nyrstar; fuel storage and distribution company Puma Energy; and joint ventures Impala Terminals, a port and logistics provider, and Nalo Renewables, investing in wind, solar and battery storage projects.