Trafigura Global Services - Deals Desk Quant Analyst

Company

At the heart of global supply, Trafigura connects vital resources to power and build the world. Through our Oil & Petroleum Products, Gas and Power, and Metals and Minerals, commercial divisions, we use infrastructure, logistics and financing to connect producers and consumers, using our deep understanding of the markets we serve to make supply more efficient, secure and sustainable.

We are committed to responsible business practices and believe that the supply of energy and raw materials is essential for growth, development and prosperity. We are accelerating our investments in renewable energy, including hydrogen, ammonia and other low-carbon energy technologies required for the transition to a low carbon future. And we work with our stakeholders to improve environmental and social standards, bringing greater trust and transparency to global supply chains.

A career at Trafigura offers a gateway to working on some of the most exciting challenges of a rapidly changing world - from helping to optimise supply chains to developing infrastructure and new markets. In a culture that is founded on openness and energy, our people work as part of a multinational, globally connected team and thrive in a fast-paced environment where they can nurture and commercialise bold ideas. Everyone has a voice and is empowered to collaborate across geographies and disciplines to help shape our business and the wider world. We know the importance and value of diversity in our business and we invest in attracting, developing and retaining talent from all backgrounds.

Founded in 1993, Trafigura is one of the largest independent employee-owned commodities groups in the world with over 13,000 people working in 48 countries. The Trafigura Group owns global multi-metals producer Nyrstar; fuel storage and distribution company Puma Energy; and joint ventures Impala Terminals, a port and logistics provider, and Nala Renewables, investing in wind, solar and battery storage projects.

Main Purpose

Trafigura Group's gas/LNG, power and carbon trading division is looking for an experienced quantitative analyst to oversee and provide independent validation of complex valuation models as well as build tools to help support the deals desk reporting teams.

The Deals Desk is a middle office team providing market and risk analysis globally. The team's primary responsibilities revolve around monitoring all elements of the risk and exposures related to commercial activity and report it directly to the Management Board on a daily basis.

As a Quantitative Deals Desk Analyst, you will play a critical role in providing risk oversight to trading desk activities in Copenhagen and Geneva and will collaborate closely with cross-functional teams to ensure complex valuation model exposures and pnl are independently verified, captured and reported.

Knowledge, Skills and Abilities

- Strong quantitative skills

- Ability to work with ETRM models and coding python or sql to extract key data.

- Experience in power and gas/LNG markets.

- Knowledge of physical and financial power trade life cycles.

- Familiar with working on third party ETRM systems.

- Technical knowledge of physical and financial Gas/LNG, power and carbon markets.

Key Responsibilities

- Calibration and validation of option models used for deals desk pnl reporting

- Assessment of front office 'new deal' valuation models;

- Validation and update of volatility and correlations used in ETRM systems

- Periodic review of price shaping methodologies

- Providing an independent assessment of reserve methodologies for complex and illiquid deals

- Working closely with deals desk reporting teams to facilitate onboarding of new complex products/deals in the ETRM system

- Building tools to extract and present key data from ETRM databases

- Ensuring management are kept informed of key risks and activities of the trading desk.

- Collaboration with other deals desk colleagues across locations.

- Communicate with relevant Trafigura departments to help set up and maintain control processes and produce necessary reports: traders, operations, compliance, risk, accounting

Competencies

- Strong quantitative skills working with pricing and valuation models

- Excel, Sql, Python knowledge

- Good knowledge of power and gas markets

- Experience working with ETRM trading systems

- Ability to be flexible and work to deadlines and under pressure

- Open Personality with energy and drive

- Organized and Diligent

- Strong written and verbal communication. Professional, concise and accurate communication skills