Trading Back Office Expert

Posted 8 Days Ago
Be an Early Applicant
Budapest, HUN
In-Office
Junior
Energy
The Role
Manage daily reconciliation, confirmations, collateral and margin calls for financial and energy trades; support clearing, settlement, EMIR reporting, static data, cashflow planning, internal reporting, and projects while liaising with Front Office, Credit, Legal, Treasury and Accounting.
Summary Generated by Built In
Company Description

MET Group is an integrated European energy company, headquartered in Switzerland, with activities in natural gas and power, focused on multi-commodity wholesale, trading and sales, as well as energy infrastructure and industrial assets.

MET Group is represented in 21 countries: Albania, Austria, Belgium, Bosnia and Herzegovina, Bulgaria, Czech Republic, Croatia, France, Germany, Hungary, Italy, Poland, Romania, Serbia, Singapore, Slovakia, Spain, Switzerland, The Netherlands, Turkey and Ukraine.

MET Group is present in 33 national energy markets and 44 international trading hubs. The Group has a significant end-consumer presence in Belgium, Croatia, Italy, Hungary, Romania, Slovakia, Spain, and The Netherlands.

MET Group has 1350+ permanent staff. The company is owned 90% by MET employees and 10% by Keppel Infrastructure, a wholly owned subsidiary of  Keppel Corporation*.

Job Description

  • Manage daily reconciliation and confirmation process of financial transactions (e.g. foreign exchange, commodity swap and option), liaise with counterparties to ensure the proper deal lifecycle
  • Participate in reconciliation, clearing and settlement processes of daily energy exchange transactions
  • Manage daily collateral management process, monitor daily exposure and validate daily margin calls with counterparties
  • Identify and escalate any issues or risk require further supervision or assistance
  • Prepare daily internal reports of collaterals
  • Contribute to daily EMIR reporting process of financial trades to the authority
  • Maintain static data in the system
  • Cooperate with Front Office, Credit Risk, Legal, Treasury and Accounting teams
  • Support cashflow planning activities
  • Support system and reporting developments, and participate in various projects

Qualifications

  • BSc degree, preferably in economics or business administration and management
  • Advanced MS Excel knowledge
  • Strong numerical skills, accuracy and attention to details
  • Strong self-organization, time management and prioritization skill with ability to work as part of a team
  • Proactivity, collaborative working style
  • Fluent in English

Additional Information

  • Competitive remuneration
  • Working in a dynamic international team
  • High degree of responsibility and independence
  • Friendly and modern working environment

Skills Required

  • BSc degree
  • Degree in economics or business administration and management
  • Advanced MS Excel knowledge
  • Strong numerical skills, accuracy and attention to detail
  • Strong self-organization, time management and prioritization skills; ability to work as part of a team
  • Proactivity and collaborative working style
  • Fluent in English
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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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