Analyst, Logistics

3 days ago


Calgary, Canada Trafigura Full time
Main Purpose:

The main purpose of our Derivatives Analyst team is to manage the entire lifecycle of Over The Counter and Exchange-traded derivatives. The team's primary responsibility is to lead and oversee margin and collateral requirements for Bilateral transactions which are covered by ISDA.

Knowledge Skills and Abilities, Key Responsibilities:
  1. Degree educated or equivalent in numerate discipline.
  2. 1 to 3 years of relevant experience in Finance.
  3. Understanding of financial markets and trading businesses, both exchange traded and over the counter markets.
  4. Working knowledge on Derivatives (Power, Gas, Energy) and/or physical commodities.
  5. Working knowledge and direct Middle/Back Office experience in full Lifecycle of futures, OTC, and cleared derivative products.
  6. Proficient in MS Excel.
  7. Familiarity with Allegro is a plus.
  8. Understanding of International Swap & Derivatives Association (ISDA) and CSA’s standards is preferred.
  9. Fast learner and comfortable operating in a dynamic environment.
  10. Strong interpersonal skills to effectively communicate cross-functionally and cross culturally.
  11. Proven ability to partner with global stakeholders.

Key Responsibilities:

  1. Monitor trades from initiation to completion, ensuring all stages of the trade life cycle are managed efficiently.
  2. Perform Derivative settlements and draft and review Confirmations.
  3. OTC Collateral management and ISO (Independent System Operators) margining.
  4. Identify and manage risks associated with margining and collateral.
  5. Handle disputes related to margin calculations and collateral exchanges, ensuring timely resolution of the disputes with Counterparties.
  6. Analyze exposure and M2M profit and loss on physical/derivative portfolios.
  7. Work with internal departments, external counterparties and exchanges to resolve discrepancies on trades.
  8. Complete daily, weekly, monthly, quarterly, and year-end reporting duties in a timely manner.
  9. Inform the Treasury and Finance teams of the daily Cash and LC movements.
  10. Perform User Acceptance Testing (UAT) to regularly improve internal processes and systems with IT.
Key Relationships and Department Overview:
  1. Internal: Traders, Deals Desk, Treasury, Accounting, Credit, IT, Project Team, etc.
  2. External: ISO Regulators, Counterparties, Brokers, Exchanges, etc.
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