Trader Assistant Jobs

Main Responsibilities

• End of Month reconciliation and consistent communication with back-office (Accounting) functions for back-office and other critical reporting line
• Archive all conversations with CPs and the exchange for future access in case of audit
• Daily pricing exposure reconciliation and consistent communication with operations (Ops)
• Adapt to challenges of a proprietary risk system, trading and risk processes
• Ad-Hoc explanations to Head of Risk, Trading, and the Managing Director of trading
• Work with counterparties to price any deals with no agreed upon future price as product approaches delivery
• Work closely with Compliance and Middle Office to ensure timely entry and exchange limit usage
• Work cooperatively with IT and other support functions in creating efficiencies in ETRM (risk systems)
• Reports directly to the LPG Desk
• Additionally, candidate with be assigned special projects from the traders involving pipeline and payment reconciliations
• Candidate will be responsible for daily trade entries and reconciliation for trading books
• This includes a review physical deals for agreed upon prices (if any) at the time of trade. Send to exchange promptly if pricing has been set
• Monitor the life-cycle of trading activity, understand the positions, hedges, and understand the PnL impacts of every linkage and m-t-m Change

Profile

• Basic understanding of financial and Physical trading concepts in commodities trading
• Demonstrates sound business acumen, and attention to detail under repetitive strain
• Preferred 3-5 years of experience at Risk or Mid-office level in a related trading company
• Completion of an accredited university degree
• IT skills, including strong Excel skillset and working knowledge of risk and/or trading systems
• Legal work permits required
• Ability to manage time independently outside of daily workflow for independent projects
• Reliable, with the ability to be present at expected and at times beyond expected work hours for work with reconciliation and solving trading discrepancies
• Driven, with a desire to learn and absorb risk and trading concepts
• Ability to speak openly and respectfully to front office trading, management, and other business functions
• Basic understanding of CME and ICE exchanges