Junior Back Office Analyst

ABOUT SAHARA

Sahara Group is a leading international energy and infrastructure conglomerate operating in over 42 countries across Africa, Asia, Europe, and the Middle East. Established in 1996, Sahara excels in power generation and distribution, downstream, midstream, upstream, and infrastructure sectors. Our prospect is to become a lead player in the oil and gas/energy sector, within Africa and the international market in general. We innovate and seek sustainable ways to deliver energy responsibly through our diverse team of over 5000 employees, as well as our global network of customers and partners.

PURPOSE OF THE POSITION

We are looking for a
Junior Back Office Analyst
to join our Risk, Middle Office & Back Office Team (RMO). This is a permanent position based in Geneva and reports to the Head of Risk & Middle Office.

In this role, you will work within a Crude & Products Trading environment. Core duties will be to reconcile all Physical and Paper Trading activities across the business. In parallel to these duties you will be tasked to identify and improve current processes across the RMO function. With a focus on increased accuracy of data through automation, developing and building of analytical tools.

MAIN RESPONSIBILITIES

• Daily reconciliation of paper derivatives with Brokers, Clearers, OTC Counterparts and Financing Banks.
• Daily reconciliation of contracts for physical oil & refined products transactions between external counterpart and internal trading system.
• Processing and reconciliation of invoices to the Trading System
• Management of derivatives positions internally across various Financing Banks
• Management of various Static Data related to traded contracts, such as Holiday Calendars, Price Data, Exchange Mapping amongst others.
• Onboarding of new products, instruments, and business lines.
• Timely and effective communication with various external and internal stakeholders.
• Contribute to team and individual projects as required the Head of Risk, Middle & Back Office.
• Develop tools to manage Initial and Variation Margin with Exchanges, working closely with Treasury and Finance.
• Develop, analyse, and report KPI's around contract capture and draw concise conclusions for management review.
• Proactively engage with various business units and stakeholders to improve existing reporting, controls, and processes.
• Automation across the RMO function and specifically apply automated IT tools to reduce the level of manual processes, to reduce time spent on manual processes and increase data accuracy by reducing manual errors.

REQUIRED EDUCATION, EXPERIENCE & FUNCTIONAL SKILLS

• Bachelor's Degree in Finance or Economics from an accredited college or university
• This is an entry level role. Experience of an office environment is desirable, but not exclusionary
• Experience in a Back Office function with exposure to Refined Products & Crude is a plus
• Fluent in both written and spoken English
• Competent user of MS Excel and other MS Applications
• Ability to interpret large datasets and draw logical conclusions
• Experience using VBA/SQL and/or Python is preferred
• Experience on MS Power BI is preferred
• Understanding of derivative and physical trading across the barrel is an advantage

REQUIRED COMPETENCIES

• Personal Effectiveness & Stress Resilience
• Teamwork & Collaboration
• Conflict Resolution
• Planning & Organizing Skills
• Analytical Thinking

We are not using recruitment partners for this vacancy. We ask agencies to refrain from sending applications and contacting us regarding this vacancy. Any unsolicited application received will be automatically disregarded.