Title: Trade Control Analyst
Hours: 37.5 hours per week
Location: Knightsbridge, London - office based
Salary: Competitive + bonus + benefits package
Closing date: Sunday 16^th July

INEOS Trading and Shipping (IT&S) is responsible for the trading and procurement of petrochemical feedstocks. Principally supplying ethane, propane, butane, and naphtha to INEOS crackers in Europe (Grangemouth, Rafnes, Köln, Lavera). To achieve this, IT&S has a growing fleet of 20+ vessels, that are capable of transporting shale gas from the US to our sites in Europe, as well as distributing product locally.

We are currently looking for a Trade Control Analyst to join the Trade Control team within IT&S. The team are responsible for overseeing this trading activity by quantifying and monitoring exposures, P&L, and VaR. Ensuring that the IT&S Delegation of Authority (DOA) is adhered to, by comparison of metrics to DOA limits.

This is a fantastic entry level role for a bright graduate to make a meaningful contribution to a dynamic, rapidly expanding, and complex business. Exceptional development opportunities and career progression are guaranteed for the successful applicant who applies themselves and works hard during the role.

Responsibilities and Accountabilities:

Act as a gatekeeper for the Energy Trading Risk Management system (Horizon). Monitor and verify trades, prices and positions captured.
Daily reporting of exposures, P&L, and VaR to the trading, finance, and management teams.
Complete key daily and monthly reconciliation processes.
Add value by supplying commentary on positions and results to both the trading and management teams.
Ensure that the IT&S DOA is adhered to.
Take part in ad hoc tasks and development projects, for example new Horizon developments.

Skills and Knowledge Required:

This is an entry level graduate position, so prior experience in oil and gas trading isn’t needed. However, an interest in the petrochemical industry is desirable.
Engineering/ maths/ science background desirable but not necessary.
Accounting knowledge desirable but not necessary.
Highly proficient Excel skills necessary. Coding knowledge (Python, SQL, Microsoft VBA) desirable but not necessary.
Analytical and numerate.
Good communication and teamworking skills. Trade control often act as an intermediary between different internal stakeholder groups, so the ability to communicate effectively is crucial.
Comfortable working under pressure and tight deadlines.
Rigour and accuracy are a must.

Benefits:

Benefits platform – access to discounts on high street stores
Discounted private medical insurance, travel insurance, dental Insurance and more
Bonus opportunity
25 days holiday per annum plus bank holidays
Employee Assistance Programme
Employee referral bonus scheme
On-site gym and free classes
Salary sacrifice – Pension & Cycle to Work
Tusker Car Scheme (subject to 12-month qualification period)

Selection process:

Application Form

Interested candidates should submit their CV via the Apply button below

Pre-screen (If applicable)

Applicants with a successful CV may be invited to a telephone call to discuss the role, the organisation and your suitability further.

Excel Task

Formal Interview

Successful applicants will then be invited to a formal face-to-face or MS Teams interview which will consist of competency and technical based questions. Depending on the role you are applying for there may be additional assessments relating to the job and a second interview.

Provisional Offer

If you are selected as the preferred candidate, you will receive a provisional offer which will be subject to a medical assessment and reference checks.

To apply: Please submit your CV by clicking the 'Apply' button