Trading Back Office Specialist

Posted 17 Hours Ago
Be an Early Applicant
Budapest
Entry level
Energy
The Role
The Trading Back Office Specialist manages the reconciliation and confirmation of financial transactions, oversees collateral management, monitors exposure and margin calls, prepares internal reports, supports EMIR reporting, and collaborates with various teams.
Summary Generated by Built In

Company Description

MET Group is an integrated European energy company, headquartered in Switzerland, with activities in natural gas, power and oil, focused on multi-commodity wholesale, trading and sales, as well as energy infrastructure and industrial assets. MET Services, is providing highly professional and tailor-made non-business support services, which include legal advisory, HR, IT, treasury support, accounting, marketing and other non-business support services, on the group level dedicated exclusively towards MET Group companies. 

Job Description

  • Manage daily reconciliation and confirmation process of financial transactions (e.g. foreign exchange and commodity swap), liaise with counterparties to ensure the proper deal lifecycle
  • Participate in the reconciliation 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 risks that 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 and Treasury teams
  • 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 detail
  • Strong self-organization, time management and prioritization skills with the ability to work as part of a team
  • Proactivity, collaborative working style
  • Fluent in English
The Company
645 Employees
On-site Workplace

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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