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Wells Fargo is seeking a Capital Markets Middle Office Specialist within the Commodities team as a part of Corporate Investment Banking Operations. This role includes extensive Profit and Loss (PNL) reporting and life-cycle management of the energy & commodity suite including natural gas, crude, power, agriculture, and metals.
Job Responsibility:
Daily trading profit & loss reporting and analysis/attribution, trade capture, systems, market data management, physical commodities scheduling and risk management
responsible for all middle office support functions for the Commodity Middle Office related to the financial and physical commodities trading desk
Support physical commodities, futures, swaps, options, swaptions and structured products traded on the exchange as well as OTC
Report end of day PNL, manage any new trades on a daily basis and all existing trades through their lifecycle events as well as scheduling physical commodities on EBB's, pipelines, etc.
Communicate with staff on the trading desk, sales, operations, technology, finance, risk, documentation, legal, audit and various other business partners within the bank
Risk analysis and the production of risk reports using established procedures and guidelines will be a daily function of the position
Project and Initiative work writing business requirement documentation on as needed basis
Process and procedure creation and maintenance in formal system and desk procedures
Requirements:
2+ years of Capital Markets industry experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
2+ years in a middle office P&L analyst role with an energy major and/or bank that's heavily engaged in energy trading
Experience with both physical and financial derivative products
Strong analytical skills and effective communicator
Strong Microsoft Excel skills and comfortable consuming big data and articulate what that data represents
Ability to work in a fast-paced deadline driven environment
Effective organizational, multi-tasking, and prioritizing skills
Excellent verbal, written, and interpersonal communication skills
Extensive knowledge and understanding of loan, securities, and derivative products