Middle Office Analyst

2 days ago


Dubai, United Arab Emirates Marlin Selection Full time

**Job Type**:

- Perm

**Sector**:

- Finance

**Town/City**:

- Dubai

**County/State**:

- Dubai

**Salary/Rate**:

- 20-25k AED per month

**Job ref**:

- TD24535

***

We are a Global Commodities Trading House based in Dubai and currently have a middle office analyst role that we need to hire for.

Your Duties will include:

- Trade capture and reconciliation of physical and paper trades (futures & swaps).
- Daily reconciliation of derivative transactions between CTRM system, clearing account statement and broker confirmations. Flagging upcoming contract expiry for open positions.
- Daily position monitoring and reporting to traders, highlighting exposure and hedging requirements.
- Daily Profit and Loss calculations, providing explanatory commentary including validation against market moves, operational updates, and capital movement charges.
- Deal Economics Review: independently calculate and justify the economics applied to each trading strategy.
- Daily capture and accrual of secondary costs.
- Daily interaction with traders and operations dept on physical logistics including quality, dates, demurrage, claims and costs. Tracking of physical trade movements and ensuring integrity of / updating the CTRM system.
- Hedging Support: liaising and reporting hedging strategies directly with traders.
- Coordinating with finance control on accounting matters at Month/Year end in alignment and reporting with accounting principles.
- Ad-hoc trader support, risk analysis and market analysis. Aid in optimizing opportunities within their books and analyzing implied positions.
- VaR; review reports to ensure desk exposure is correct and within trading mandates.

**Knowledge skills and abilities**
- Educated to Bachelors/Master’s degree level.
- Preferably 1-3 years’ experience within commodity industry.
- Highly numerate with strong problem solving and analytical skills.
- Ability to communicate clearly and effectively, both written and verbal.
- Should be meticulous, diligent, control-focused
- Performs under pressure.
- Should be proficient in Excel.
- Experience with coding desirable.


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