Preparation of the Position Exposure, Daily P&L and FX reporting. Providing commentary for key risk exposures and material P&L movements; both internally and to central risk team.
Running all prerequisite checks for daily risk reporting including:
Reconciliation of paper positions and open trade equity to external clearing broker statements
Validation of physical spot and term contracts
Entry of spot FX prices
Validation of Prices & Curves
Overseeing the closing of the accounting period within the ETRM system as well as month end reporting to finance to ensure that transactions reported daily P&L reporting translate into the financial results.
Developing an understanding of each desk’s profit and loss across the month, as well as the strategies, contracts and derivatives traded to achieve it
Proactive approach to process improvements and problem identification and resolution on a timely basis.
Assisting Front Office, Back Office and management with ad hoc queries.
Champion for internal controls, particularly accuracy of data within ETRM systems.
Documentation of middle office business process and production of middle office training materials
Participation in internal ETRM and risk projects.
Deal amendment processes.