Middle Office Supervisor - Houston, United States - TotalEnergies

TotalEnergies

Verified Company

Houston, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Pays
Etats-Unis

Lieu

USA

Lieu de travail
HOUSTON-LOUISIANA STREET(
USA)

Domaine
Finance

Type de contrat

CDI

Expérience
Minimum 3 ans
You are someone who possesses the following experience and credentials:

Bachelor's degree in accounting, finance, mathematics, economics or business-related major (required);
Masters degree and/or certification in related concentration (preferred);
Strong understanding of the energy industry, commodity trading, macroeconomics, risk analysis, and modern finance;
Minimum of 5 years of experience in midoffice commodity trading organization or on a commodity trading team; Prior supervisory or team lead experience (preferred);
Prior Experience with North American Gas and/or LNG Markets including familiarity with natural gas pipeline fundamentals, gas storage, financial and physical trading, shipping, gasification, and other natural gas/LNG characteristics;
High level of analytical skills;
Excellent interpersonal, speaking, and communication skills;

Activités

Your missions as a Middle Office Supervisor include:

Work in close cooperation with Front Office to facilitate the continuing growth of the business by providing accurate information on the potential risk impact of transactions; Develop solid risk understanding of the market structure and key commercial strategies deployed in the market; Leading effective risk analysis that support informed commercial decision-making;
Direct supervision of risk control analysts in the Middle Office department. Managing staffing resources and department activities. Leading, coaching, and developing middle office analysts and conduct performance appraisals for all direct reports;
Work closely with Back Office, Finance, Credit, Legal, and Internal Control to ensure that the risk control practices and policy/limit are in alignment from a compliance point of view; Partner with other leaders to drive necessary operations excellence improvements. Liaise with Trading Systems to ensure the enhancement of the trading software to meet business needs;
Monitor internal limits for Front Office business and ensure limits are followed, complied with, and properly documented; Analyze nonstandard transaction requests and/or advise senior management of such approvals.
Develop and implement Middle Office risk policies, procedures and initiatives to managing continuing growth of the business; Identify new solutions aimed at improving processes and controls to eliminate identified risks or gaps; Ensure that all risk controls and reporting required by existing governmental regulations are performed.
Act as the primary liaison for all trading enquiries; Provide help to the traders to model complex trades in the BOOK for the risk to be managed; Support team reporting needs and ensure reporting is complete and follow up are documented.
Lead Middle Office team to conduct accurate and independent analysis, valuation, and reporting of risk positions and trading results on a daily basis while ensuring compliance with all trading limits: ensure processes, procedures, limits are in place that evolve with the business; Responsible for the reporting of trading results and positions to senior management.
Observe & report operational risk incidents including near miss & failure events; Challenge employees to selfmonitor and reflect on latent conditions that engender error
As part of Global Risk Control team, work in close cooperation with MO teams in Geneva and Singapore; provide support to TGP global control management, processes, and procedures.

DIMENSIONS

Leads and develops a team of Middle Office Analysts (between 5 individuals) that are responsible for Position and Profit and Loss (PnL) reporting.
Monitors and provides risk assessment, analytics, and controls for business activities related to TGPNA's dynamic Gas, LNG, and Dry Bulks business. TGPNA's Gas, LNG, and Dry Bulks segment consists of LNG Assets and Trading, Natural Gas market access trading, Petcoke and Sulphur and structured deal transactions.

Contexte et environnement

The Company is responsible for the Group's gas, power, LNG, Dry, and LPG trading and marketing activities in North America.

Fast-paced, dynamic environment with time-sensitive, business critical activities requiring instantaneous analyses and communication.

The TGPNA middle office team consistent of more than ten middle office professionals dedicated to power, natural gas, dry bulks, and other products.

PURPOSES

Responsible for TGPNA trading risk (Gas, LNG, Dry Bulks)

Position and PNL reporting:
Ensure TGPNA (Gas, LNG, Dry Bulks) trading activities are fully and accurately captured, modelled, valued, and reported;

Lead effective risk analysis that supports informed commercial decision making and implementation; effectively communicate risk considerations with senior management;
Assess and provide Risk Analytics support including but not