Título:  Middle Office Oil Analyst

The successful candidate will be integrated in the Trading area.

KEY RESPONSIBILITIES:

• 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.

REQUIREMENTS:

• 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.