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Título:  Middle Office Oil Analyst

Fecha:  21 may. 2023

Madrid, España, España

Empresa:  00L6-CEPSA TRADING, S.A.U

The successful candidate will be integrated in the Trading area.




  • Provide direct supervision of all Middle Office analysts for the Crude & Products or Gas & Power Trading.
  • Responsible for the reporting of trading results and positions to senior management of Crude & Products or Gas & Power Trading. Coordinates an accurate and independent analysis, valuation, and reporting of risk positions and trading results on a daily basis while ensuring compliance with all trading limits:
  • Work in close cooperation with Front Office staff to facilitate the continuing growth of the business by providing accurate information on the potential impact of transactions on mark-to-market, value-at-risk and trading limits in a timely fashion.
  • Act as the primary liaison for all trading enquiries; Provide help to the traders to model complex trades in the BOOK for the risk to be managed.
  • Work closely with Commercial Risk & Back Office, Finance, Trade finance, Legal and IT to ensure that the best risk control practices and policy/limit are in alignment from a risk control point of view.
  • Discuss and propose internal limits for Front Office business and ensure limits are properly approved, followed, complied with, and properly documented.
  • Identify new solutions aimed at improving processes, controls and decision making.
  • Liaise with Trading IT to ensure the enhancement of the trading software to meet business needs.





  • Master’s degree in accounting, finance, mathematics, engineering, quantitative discipline or business-related major. High degree of accuracy and efficiency under set deadlines.
  • Proficient in Excel/VBA, high levels of numeracy and computer literacy.
  • Written and spoken English (Excellent/very fluent)
  • Minimum of 5 years of experience in mid-office commodity trading organization or on a commodity trading team.



Location: Madrid (Torre Cepsa)


Cepsa ensures equal opportunities, identifying and developing the full potential of people based exclusively on their abilities to carry out their duties.


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