Gazprom Marketing & Trading
London, United Kingdom
Role objectives
This position is responsible for accurately and timely confirming GMT&T Power and Gas trades with our external clients and Brokers.
The role is an excellent opportunity for a talented and motivated confirmations Clerk to gain exposure across a very wide range of energy products and to work in a dynamic and ambitious company which is the main trading arm of the world’s largest gas producer.
Duties & Responsibilities
Power & Gas Confirmations:
- Ensuring the issue of timely and accurate confirmations to counterparties and investigating and resolving discrepancies;
- Completeness of Broker Reconditions, to ensure that all trades are captured correctly in our ETRM;
- Checking of direct trades that GM&T execute. Ensuring that trades are booked correctly in our ETRM;
- Ensuring trades load into EFET.Net and that trades are matched with our counterparties. If discrepancies occur, investigate the discrepancies. Build good relationships with our counterparties. Escalate issues to management;
- Ensure that we send out paper confirmations to counterparties whom we do not electronically match with and we sign and return paper confirmations we receive from counterparties;
- Provide Metrics/Stats to management on a daily basis;
- Liaison with various teams within the organisation from Risk Management, Legal, IT, Credit, Front office. Developing and maintaining excellent working relationships with these stakeholders;
- Ensuring all processes and procedures are constantly reviewed, documented and updated.
Skills & Competencies
- Good working knowledge of trading systems, preferably ENDUR;
- Fluent in English with excellent written and verbal communication skills;
- Concern for accuracy and ability to meet tight deadlines;
- Attention to detail;
- Diligent and dependable;
- Good organisational and execution skills;
- Able to work effectively cross-functionally with all areas of the business;
- Dedication to review and improvement of existing processes;
- Commercially astute with the ability to develop and understand issues.
Experience
- Proven experience of working in a confirmations team in an energy trading environment preferred;
- Experienced in confirmations for Power and Gas products preferred;
- Experience of working with trading counterparties and direct contact with trading desks;
- Experience of using an electronic matching platform, preferably EFET.Net;
- Exposure to new systems implementation and systems development.
Education
- Educated to degree level standard (or equivalent) preferred.