Oversee daily trading positions, Profit & Loss (PnL), Ad-Hoc business requests, etc.
Coordinate daily reconciliation of pricing exposure and PnL between Power traders, Operations (Ops), and back office
Swiftly confirm positional accuracy and PnL; prepare detailed daily reports for senior leadership
Review and ensure reliability of data and cost information in the in-house Energy Trading & Risk Management (ETRM) system
Develop, implement, and monitor forward-curve models within ETRM; ensure seamless front-to-back integration and adherence to market values
Continuously check the accuracy and consistency of power forward curves against actual market prices
Improve daily processes including market data validation, trade completion, and regulatory reporting specific to the power desk
Manage and verify power-related intercompany transactions across geographic desks/offices
Validate futures trades in ETRM against clearinghouse and exchange data to ensure accuracy
Maintain daily coordination with Operations (e.g., planning) and back-office teams to support power trade execution and settlement
Oversee mark-to-market valuation of physical power trades recorded in ETRM; allocate hedges in line with defined strategies
Reconcile cost inputs in ETRM with Ops' records and external invoicing providers
Oversee the reconciliation of month-end results with accounting; manage the translation of trading outcomes into financial statements
Serve as backup for other energy desks' Middle Officer duties as operationally required
Work closely with the Front Desk, IT, Operations, Finance, and Credit to support power trading operations and risk controls
Profile
Bachelor's degree (or equivalent)
2-5 years in a middle office role supporting a Power trading team (North America markets experience preferred)
Hands‑on experience with trading/ETRM systems; proficiency in SQL or scripting languages is a plus
Understanding of complex power structures is preferred
Expert-level competency in Excel modeling, data analysis, and reporting
Demonstrated business analysis capabilities and strong attention to detail
Solid understanding of power markets, pricing mechanisms, and trading dynamics
Proven ability to lead and enhance process-driven projects
Proactive, self-starting, disciplined, and highly detail-oriented
Exceptional verbal and written presentation skills, capable of engaging with stakeholders at all levels
If you think the open position you see is right for you, we encourage you to apply!
Our people make all the difference in our success.
Additional Information
Job Title:
Middle Officer - Power
Contract Type:
Permanent
Time Type:
Full time
Job Description:
Summary of Company
Gunvor is one of the largest independent energy trading companies in the world operating in over 100 countries, with its main trading offices in Geneva, Singapore, London, Dubai, Shanghai and Houston. Gunvor Group Ltd, the group holding company, is based in Nicosia, Cyprus. As one of the world's major independent commodity trading companies, Gunvor is a market leader in the trade, transport, storage and optimization of oil and other energy products.
Gunvor · Houston