Job Description

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Department:
Within JERAGM, the Middle Office is a multi-disciplinary function with overall responsibility for daily BAU trade control and P&L production, as well as inputs into market risk and credit risk management.
Responsibilities:
The MO Manager will be responsible for:

• Overseeing the operations of Middle Office team in the daily BAU trade control / checks and the production of management profit and loss reports
• Production of daily profit and loss for the trading books, ensuring consistency and integrity
• Resolving any queries from traders or other departments relating to P&L
• Validation of internal trade physical and paper marks
• Validation of all physical commodities and derivative deal entries to ensure accurate capture into Allegro
• Forward curve and algorithm maintenance
• Contract and confirmation management for financial trades.
• Daily reconciliation of internal system vs clearing banks for exchange traded products
• Management of the relationship with clearing brokers and clearing banks
• Monitoring the trading activity; highlight and report unusual activity.
• Support Market and Credit risk monitoring
• Support Treasury team in margin management
• Supporting Finance in month-end financial closing processes
• Summary reporting (e.g. weekly, monthly) on key analytics
• Active discussions with front risk and risk around trading strategy and positions
• Providing leadership to the MO team (covering our global trading office locations), including the training, mentoring and coaching of other MO team members, and providing guidance for their professional development.
• Supporting and representing the MO (Product Control) team in our Technology Landscape Evolution (TLE) and other MO Transformation initiatives

Qualifications:
Qualification and experience required:

• At least 8 to 10 years' of work experience, preferably with a degree in an accounting discipline, engineering or similar quantitative areas.

Person Specification

• Confident personality with the ability to communicate effectively
• Attention to detail and the ability to work logically, quickly, and accurately
• Computer literate, numerate, and comfortable handling varied and complex data sets
• A commercial approach to their duties, a flexible approach to problem solving, and the ability to work effectively as part of a small, culturally diverse team
• Able to work independently with minimal supervision

About Us:
About the Company
JERA Global Markets (JERAGM) is a leading utility-backed seaborne energy trader. A joint venture between majority shareholder JERA Co., Inc. and EDF Trading Ltd, JERAGM's shareholders are among the world's major utilities.
JERAGM operates one of the most exciting energy portfolios in the world which gives it an in-depth understanding of the way local, regional and international energy markets behave. Its indepth knowledge and market insights enable us to capture trading opportunities, optimise portfolios, create value and enhance security of supply for our customers.
Headquartered in Singapore, JERAGM has a global talent pool of more than 400 people across offices located in four strategic locations: Singapore, Japan (Tokyo), the UK (London) and the US (Houston).
JERAGM is strongly capitalised with over US$500 million in paid up capital and a total equity of US$4 billion. JERAGM has an AA- Stable rating from R&I, attributable to a robust business model and solid financial base.

Skills Required