Trade Support Analyst

at  TotalEnergies

ABOUT US:

TotalEnergies has developed a strong expertise in oil and biofuels, natural gas and electricity trading. Trading entities are based in Geneva, Paris, Houston and Singapore.
TotalEnergies installed its European trading hub across in Geneva, which now bring together very large teams around trading activities: TotalEnergies Trading & Shipping (T&S) and TotalEnergies Gas and Power (TGP).
TotalEnergies Gas and Power (TGP) is the trading arm of TotalEnergies in the field of low carbon energies (mainly LNG, gas and power). As such, it operates in fast-evolving market dynamics influenced by internal and external factors that require constant adaptation and evolution.

JOB DESCRIPTION:

As part of the Global Trading Support organisation, the team is an integral part of the trading floor based in Geneva and is also supporting the trading functions in Houston and Singapore.
As a Trade Support Analyst you will work closely with the Traders, Operations, Originators, Middle Office, Energy Data Management, Legal & Compliance, Credit, Treasury, Trading Accounting and the IT teams.
The Trade Support Analyst will be in charge of managing a portfolio of external and internal counterparts dealing with physical and derivatives transactions in LNG, gas and power (OTC physical and derivatives transactions, cleared exchange transactions, emissions, capacity transactions, beach swaps, FX trades, brokerage, grid operators contracts, gas and power group procurement contracts, long term contracts for LNG vessels & trucks, freight, LNG in-tank swaps, regasification …).
Key responsibilities include deal confirmations, position validation, invoicing, payments and contract management. These processes are key to the commerciality of deals transacted by the Front Office teams. Strong attention to detail and a high degree of accuracy are essential skills in an environment where an error can have both financial and reputational ramifications. Strong drive to improve processes and systems is necessary alongside good IT skills (excel/VBA/Python). You may be expected to develop new tools to secure and optimize the process and build new reports adapted to the business evolutions.
The role provides the opportunity to learn the full trade cycle and is a strong foundation for future progression and opportunities within the organisation.

As a Trade Support Analyst your main tasks will be the following:

• Be the first point of control and support for the Front Office activities
• Manage a portfolio of trading counterparts and ensure the contractual terms are operationally adhered to
• Ensure daily that accurate trading information is represented within our ‘in-house’ trading system (the BOOK) by checking recap/nomination/contract/confirmation
• Confirm deals with counterparts and brokers on a daily basis
• Reconcile daily open positions and transactions with exchanges & clearers
• Reconcile gas and power grid operator invoices against the BOOK
• Process invoices and payments to counterparts within industry or contractual deadlines
• Communicate with internal and external parties to ensure timely resolutions to problems and queries
• Contribute to the team responsibilities, including assisting with the team’s general duties such as emailing, archiving and filing
• Assist the Accounting team with accruals and aged debt reporting
• Participate in team and individual projects delegated by the Global Back Office Manager
• Identify and assist in implementing process & systems improvement, from system testing to implementations at desk level, by learning or applying technical tools such as Excel, VBA, Python
• Identify and communicate operational risk, define risk mitigating measures and priorities

• Be the first point of control and support for the Front Office activities
• Manage a portfolio of trading counterparts and ensure the contractual terms are operationally adhered to
• Ensure daily that accurate trading information is represented within our ‘in-house’ trading system (the BOOK) by checking recap/nomination/contract/confirmation
• Confirm deals with counterparts and brokers on a daily basis
• Reconcile daily open positions and transactions with exchanges & clearers
• Reconcile gas and power grid operator invoices against the BOOK
• Process invoices and payments to counterparts within industry or contractual deadlines
• Communicate with internal and external parties to ensure timely resolutions to problems and queries
• Contribute to the team responsibilities, including assisting with the team’s general duties such as emailing, archiving and filing
• Assist the Accounting team with accruals and aged debt reporting
• Participate in team and individual projects delegated by the Global Back Office Manager
• Identify and assist in implementing process & systems improvement, from system testing to implementations at desk level, by learning or applying technical tools such as Excel, VBA, Python
• Identify and communicate operational risk, define risk mitigating measures and prioritie