Middle Officer - Power
Gunvor Group · Houston, TX · 2 wk ago
SalesFull-time
Key Responsibilities
- Oversee daily trading positions, Profit & Loss (PnL), Ad-Hoc business requests, etc.
- Cook up daily reconciliation of pricing exposure and PnL between Power traders, Operations (Ops), and back office.
- Swim swiftly to confirm positional accuracy and PnL; prepare detailed daily reports for senior leadership.
- Review and ensure reliability of data and cost information in the in-house Energy Trading & Risk Management (ETRM) system.
- Develop, implement, and monitor forward-curve models within ETRM; ensure seamless front-to-back integration and adherence to market values.
- Continuously check the accuracy and consistency of power forward curves against actual market prices.
- Improve daily processes including market data validation, trade completion, and regulatory reporting specific to the power desk.
- Manage and verify power-related intercompany transactions across geographic desks/offices.
- Validate futures trades in ETRM against clearinghouse and exchange data to ensure accuracy.
- Maintain daily coordination with Operations (e.g., planning) and back-office teams to support power trade execution and settlement.
- Oversee mark-to-market valuation of physical power trades recorded in ETRM; allocate hedges in line with defined strategies.
- Reconcile cost inputs in ETRM with Ops’ records and external invoicing providers.
- Oversee the reconciliation of month-end results with accounting; manage the translation of trading outcomes into financial statements.
- Serve as backup for other energy desks’ Middle Officer duties as operationally required.
- Work closely with the Front Desk, IT, Operations, Finance, and Credit to support power trading operations and risk controls.
Requirements
- Bachelor’s degree (or equivalent)
- 2-5 years in a middle office role supporting a Power trading team (North America markets experience preferred)
- Hands‑on experience with trading/ETRM systems; proficiency in SQL or scripting languages is a plus
- Understanding of complex power structures is preferred
- Expert-level competency in Excel modeling, data analysis, and reporting
- Demonstrated business analysis capabilities and strong attention to detail
- Solid understanding of power markets, pricing mechanisms, and trading dynamics
- Proven ability to lead and enhance process-driven projects
- Proactive, self-starting, disciplined, and highly detail-oriented
- Exceptional verbal and written presentation skills, capable of engaging with stakeholders at all levels
Qualifications
Profile