Middle Officer

Company Overview

Gunvor Group is one of the world’s largest independent commodities trading houses by turnover, creating logistics solutions that safely and efficiently move physical energy from where it is sourced and stored to where it is demanded most. With strategic investments in energy infrastructure—refineries, pipelines, storage, terminals, mining and upstream—Gunvor generates sustainable value across the global supply chain for its customers. Founded in 2000, Gunvor reported revenues of $90.9 billion (USD) on volumes of 137 million MT in 2014. The company employs more than 1,400 people, with over 200 in its Geneva office, and maintains additional offices in Singapore, Moscow, Abuja, Beijing, Amsterdam, Nassau, Dubai and Tallinn.

Role Summary

This permanent, full‑time Middle Officer position supports Gunvor’s logistics operations, working closely with Front Office, IT, Operations, Finance and Credit teams.

Responsibilities

• Daily monitoring of the trading position and profit and loss (PnL).
• Daily pricing exposure reconciliation with trading & operations (Ops).
• Validate position and PnL in a timely manner.
• Report position and PnL daily to management.
• Review and maintain information reliability in the in‑house ETRM system, including costs.
• Build & monitor in‑house forward curves in ETRM, including front‑to‑back implementation for market assessment.
• Check accuracy and consistency of forward curves versus market values.
• Complete and improve daily processes such as market data checks, trade completeness and regulatory reports.
• Coordinate and check intercompany deals with other desks/offices of the group.
• Check and reconcile futures trades between ETRM and clearing agents & exchanges.
• Liaise and coordinate as needed with Ops (or similar functions) and back‑office.
• Check and monitor MTM of physical deals entered in ETRM.
• Allocate hedges in strategies, as appropriate.
• Check & compare costs in ETRM versus Ops costs and invoices.
• Monitor exposure/VAR and inform management of limit breaches.
• Verify and reconcile end‑of‑month results with accounting.
• Provide backup support for other desks as needed.
• Work with Front Office, IT, Ops, Finance & Credit as required.

Requirements

• One to five years’ experience in a Middle Office role within a commodity trading environment, with comprehension of energy trading (related trading experience may substitute).
• Experience with trading systems; programming/SQL/IT skills are an advantage.
• Advanced proficiency in Microsoft Office, especially Excel.
• Demonstrated business analysis skills.
• Strong knowledge of commodities.
• Project management skills.
• Proactive and self‑motivated.
• Rigorous and detail‑oriented.
• Excellent verbal and written presentation skills.
• University degree.
• U.S. working permit.