Middle Officer – Refined Metals / Middle Officeress – Refined Metals

About Mercuria

Established in 2004, Mercuria is recognized as one of the leading integrated energy and commodity trading companies globally. We connect energy markets to meet contemporary needs through trading, financial structuring, and strategic asset investments, generating over $110 billion in annual turnover.

Our operations span over 50 countries across five continents, encompassing all major energy hubs. We facilitate the trade of physical oil, energy products, environmental products, and other commodities from key locations such as Geneva, London, Singapore, Shanghai, Beijing, Dubai, Houston, Calgary, and Greenwich (CT).

Our commitment to advancing a more sustainable, affordable, and reliable energy system for the future is evident, as over 50% of our assets are dedicated to low carbon and energy transition sectors. This positions us strongly to engage in new markets and support decarbonization efforts.

In 2023, we launched Silvania, a $500 million fund focused on the restoration and protection of global nature and biodiversity, aligned with the goals of the Paris Agreement and the UN's 30x30 biodiversity initiative. This innovative asset class not only supports nature protection but also aims to provide sustainable financial returns.

The Role

We are seeking an experienced and proactive Senior Middle Officer to bolster our Refined Metals trading desk. This position is vital for ensuring operational excellence, robust risk management, and process enhancement throughout the entire trade lifecycle.

The ideal candidate will serve as a key liaison between the front office and support functions, leveraging deep expertise in commodities operations with a strong focus on metals concentrates. A thorough understanding of operational risk, trade economics, and P&L attribution is essential. Additionally, the role includes mentoring junior staff and contributing to system and process enhancements.

Key Responsibilities

• Ensure accurate and timely trade capture, position, and pricing reporting for the concentrates desk.
• Produce a daily P&L report for the trading team, offering detailed breakdowns and explanations of key P&L drivers.
• Monitor risk exposures and trading limits; escalate breaches and propose mitigation strategies.
• Collaborate closely with traders to understand and evaluate trading strategies from both risk and operational perspectives.
• Work with internal stakeholders (back office, accounting, credit, and compliance) to ensure seamless trade flow.
• Lead or contribute to system and process improvements in partnership with IT and business analysts.
• Implement and enhance operational controls to minimize risk and ensure compliance.

Technical Expertise

• 1-3 years of experience in a Middle Office or Trade Support role, ideally within refined metals trading.
• Strong understanding of the physical and financial commodities trade lifecycles, particularly in concentrates.
• Proven experience with ETRM systems.
• Advanced Excel proficiency; knowledge of VBA and/or Python is a strong advantage.
• Excellent analytical and communication skills; ability to interact effectively with senior stakeholders.
• Highly organized, proactive, and comfortable thriving in a fast-paced environment.
• Fluency in English is required.

To apply, please apply online using the form below. Please note that only applications matching the job profile will be considered.