Middle Office Analyst

Team: Wholesale Gas and LNG

Location: Madrid Spain

Experience level: 1-3 years

Job type: hybrid

Requirements: English B2 or higher Bachelors degree or higher.

Reporting to the Manager Middle Office and Structuring Analysts the Middle Office Analyst will play a key role in supporting the Wholesale Gas LNG and Power Trading business by ensuring the integrity of trading activity risk reporting valuation processes and operational controls across the trade lifecycle. Acting as a critical link between Front Office Risk Back Office and support functions this position is responsible for monitoring exposures validating positions and P&L supporting risk reporting investigating discrepancies and driving continuous improvements to trading processes and controls. The successful candidate will possess strong analytical and problem-solving skills a solid understanding of energy trading markets and the ability to work effectively in a fast-paced and evolving trading environment.

• Support daily middle office activities including position validation exposure monitoring P&L reconciliation valuation review and risk reporting.
• Validate trade capture and ensure the accuracy and completeness of transactions across trading systems.
• Analyze and explain daily profit and loss movements market exposures and valuation changes.
• Monitor compliance with risk limits trading mandates and internal control requirements escalating issues where appropriate.
• Investigate and resolve trade pricing position or settlement discrepancies in collaboration with Front Office and Back Office teams.
• Produce regular management reporting related to market risk trading performance exposures and operational KPIs.
• Support month-end quarter-end and audit processes by providing analysis and documentation as required.
• Identify opportunities to improve processes controls reporting and automation within the middle office function.
• Participate in the implementation of new products markets systems and business initiatives including the expansion of Power Trading activities.
• Build strong working relationships with traders risk managers operations finance and technology teams to support effective front-to-back business management

Permanent contract

Bonus according to objectives

Medical insurance

Contribution to pension plan

Digital disconnection

Conciliation measures

Legal advice

Employee support services

• Bachelors degree in Finance Economics Engineering Mathematics Business Energy Management or a related discipline.
• 1-3 years of experience in energy trading commodity trading middle office risk management trade control or related commercial support functions.
• Understanding of physical and/or financial gas LNG power or commodity trading markets.
• Experience working with trading and risk management systems (ETRM experience preferred).
• Strong analytical and quantitative skills with advanced Excel capabilities.
• Ability to analyze large datasets and identify trends anomalies and risks.
• Excellent communication and stakeholder management skills with the ability to interact effectively across Front Office Risk Finance and Operations.
• Demonstrated attention to detail strong organizational skills and a commitment to maintaining a robust controls environment.
• Excellent written and verbal communication skills