Head of Middle Office

Reposted 22 Days Ago
Be an Early Applicant
Baar, Zug
In-Office
Mid level
Energy
The Role
Lead the Middle Office team, manage daily operations, oversee the deal lifecycle and data quality, implement operational controls, and develop team performance.
Summary Generated by Built In
Company Description

MET International AG (METI) was established in 2010 in order to consolidate and develop MET Group’s international natural gas sales and purchase portfolio, as well as to establish a trading arm for commodity lines. 

METI is responsible for providing highly competitive supply structures to its gas and power sales affiliates, optimizing its power generation assets, managing the LNG portfolio, and trading around international positions.

Job Description

  • Lead the Middle Office team, ensuring smooth daily operations across trading and wholesale activities
  • Oversee and control the full deal life cycle, including trade capture, daily validation, amendments, rebookings, and accurate representation in systems
  • Owns data quality for dependent functions, including Accounting, Risk, and Front Office,
  • Lead the New Product Approval process
  • Control trading books, monitor exposures, physical positions, and storage completeness, and support complex flows such as LNG, storage, and cross-border capacity
  • Develop and implement new operational controls, processes, and coordinate operational excellence projects
  • Owns daily, weekly, and monthly reports, including Operational KPIs, P&L, and reconciliations between trading and accounting systems
  • Collaborate closely with Front Office, Back Office, Finance, and Treasury to maintain accurate and efficient operations
  • Drives team development, performance, and ensures adherence to operational standards and best practices

Qualifications

  • Proven experience in middle office operations, ideally within energy trading (gas, LNG, or power markets)
  • Strong knowledge of trade capture, validation, and deal management processes
  • Solid understanding of risk monitoring, exposure controls, and physical positions, including storage
  • Experience with monthly closing, reconciliation, and alignment between trading systems and accounting
  • Experience using ENDUR, implementing and improving operational controls, processes and projects
  • Ability to manage and lead a team, ensuring smooth daily operations and accountability
  • Familiarity with complex trading flows, including LNG, storage, and cross-border capacity
  • Strong reporting, presentation, and stakeholder communication skills, including with FO, BO, finance, and treasury
  • English fluency is mandatory

Additional Information

  • An international environment and workforce with ca. 60 nationalities, with a commitment to respect, diversity and integrity  
  • Career growth and development at one of Switzerland's Top Employers
  • Highly competitive remuneration system, above-market earning potential via our unique performance-based bonus schemes, reflecting the value we place on dedication and results
  • Work in a flat organizational structure with best-in-class industry experts, promoting individual ideas, rapid decision-making, and high accountability
  • A rapidly growing company entering new markets globally and expanding its asset portfolio worldwide, with substantial investment into green energy (renewables) assets  
  • Benefit from international career opportunities and internal mobility within our 17 globally located offices
  • Engaging annual company events, from group-level teambuilding to local entity events and festive celebrations
  • Top-notch office facilities

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The Company
645 Employees

What We Do

MET Group is an integrated European energy company, headquartered in Switzerland, with activities and assets in natural gas and power markets. MET is present in 15 countries through subsidiaries, 30 national gas markets, and 22 international trading hubs. MET has extensive experience in operating green (renewable) and flexible (conventional) energy assets, thus providing the widest possible support to energy transition. In 2022, MET Group’s consolidated sales revenue amounted to EUR 41.5 billion, with a total traded volume of natural gas amounting to 109 BCM and total traded electricity of 67 TWh. MET Group's 900+ employees come from 50 different countries.

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