Main Purpose
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.
Commercially, the team adds value by providing traders with risk assessments and analysis which highlight their exposure, optionality and P&L.; These reports are essential to help them make the right commercial decisions and optimize the opportunities their portfolios generate, all the while providing Deals Desk employees with an unprecedented office learning experience in the world of trading.
The deals desk team is responsible for maintenance and enhancement of core P&L; data to increase accuracy and timeliness of the daily trading results.
Knowledge and Skills & Abilities
Candidates preferably with at least 1-5yrs work experience with the following: •
- MBA in Finance
- Degree in Engineering is desirable
- Should be meticulous and innovative
- Have reasonable market analysis skills
- Should be proficient excel abilities
- Familiarity with using multiple systems is a plus
- Strong organisationalskills
- Should have excellent English communication skills
- Ability to work in a fast paced high pressure workplace
Key Responsibilities
Be responsible for the production and reporting of daily trading positions and management P&L;, production and monitoring of daily trading P&L; and volumetric exposure reports, post deal review and system reconciliation. Enter inception P&L; for all new trading strategies, and maintain the economics on these strategies from cradle to grave
- Independently justify the economics applied to each trading strategy.
- Apply forward curve on daily basis for physical and derivative markets to current position and to explain the impact on the trading P&L.;
- Produce daily commentary for board of directors / traders to explain the change in the trading profit