Trading Support Officer/Operations Analyst

OVERVIEW

• Part of a high performing trading operations team supporting Oil, Gas and Carbon business
• Ensure accurate day-to-day trade processing, reconciliations, margin management and contract/invoice generation to keep trading, settlement and workflows running smoothly.
• Act as the operational interface between internal stakeholders and external counterparties/vendors, resolving exceptions quickly and maintaining strong controls.

KEY RESPONSIBILITIES

• Reconciliation and validation of Trades, costs and fees between ETRM and Counterparties/Brokerages/Exchanges
• Generation/Issuing of trade confirmations/ contracts/invoices as well as resolution of mismatches and amendments.
• Validate and approve brokers’ invoices payment.
• Management/supervision of Carbon Emissions Credits in delivery and payment process
• Administer/Manage carbon credits inventory in various Registries and reconcile to internal systems
• Monitor counterparty & credit risk exposures, limits, collateral management and margin calls.
• Administrators for Exchanges such as ICE, CME and SGX on trading limits, fees, user setups
• Involved as SMEs on new business product initiatives
• Ensure practices abide by internal control guidelines and external regulations.

KEY COMPETENCIES / SKILL SETS

• Minimum 2+ years’ experience in trading operations or middle/back office within oil/commodities or related markets.
• Collaborative attributes focused on strong controls and continuous improvement.
• Strong reconciliation experience and rigorous attention to detail; proven ability to identify and resolve booking/PL discrepancies.
• Proficient in Excel (formula-driven spreadsheets, lookups, reconciliation techniques); comfortable building and following checklists.
• Familiarity with trade/order management systems, exchange processes and margining workflows.
• Strong communicator, reliable under time pressure, proactive ownership of tasks and timely escalation of issues.
• Able to prioritise multiple tasks across a split day and meet strict EOD deadlines.

EXPERIENCE REQUIREMENTS

• Good commercial awareness of Oil/LNG/Carbon trading conventions, basic carbon credit flows and OTC bilateral mechanics.
• Prior Experience with carbon registries and carbon contract workflows.
• Prior Exposure to OSN / Dubai partial structures and contract generation for physical deliveries.
• Prior interaction with regional banks/custodians and invoicing/ERP systems.
• Basic scripting or data-automation skills (Power Query, VBA or equivalent) to improve recurring workflows

Who we are

Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities. Through a network of assets, customers and suppliers that spans the globe, we produce, process, recycle, source, market and distribute the commodities that advance everyday life.

With over 140,000 employees and contractors and a strong footprint in over 30 countries in both established and emerging regions for natural resources, our marketing and industrial activities are supported by a global network of offices.

Glencore’s customers are principally industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors. We also provide financing, logistics and other services to producers and consumers of commodities.