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Energy Operations Analyst

Job highlights
  • Full time
  • Johannesburg, Gauteng, South Africa
  • Risk Trade Support
Job ID R200001009 Closing date 02/02/2025 Last Updated 24/01/2025

Join us as an Energy Operations Analyst in our Backoffice Trade Support team where you will be focused on monitoring and ensuring that the risk-reward balance within the business is clearly understood by senior management, and that the physical exposure, such as Listed Oil, Power Gas, and Carbon, is accurately valued. This role requires an individual who can offer strong support and maintain a proactive, clear communication style, working closely with the Trade Support Manager, Brokers, and Risk Management teams to ensure effective coordination and alignment.

GENERAL ACCOUNTABILITY:

  • Confirmations – Checking Broker Recaps for Swaps/Options.

  • Broker Commissions – Verifying and paying Broker Invoices for OTC Swaps/Options and Exchange Traded Futures.

  • Bilateral Confirmations – Issuing and checking counterparty confirmations either electronically via E-confirm or Paper Confirmations.

  • Settlements – Issuing/Paying Settlement invoices for Bilateral Counterparties.

  • Internal Checks – Check Internal Futures and Swaps with Singapore/US.

  • BFOET Partials – Issuing and checking Incoming Confirmations.

  • EOM costs allocations – IM and Costs allocations to the desk.

  • Ensure practices abide by internal guidelines and external regulations.

  • Develop innovative ways to improve procedures.

  • Respond to queries and issues raised by brokers.

  • Liaise with line managers to ensure effective delivery of service and information.

  • Provide basic trouble shooting and identify issues.

  • Escalate incidents immediately when required.

  • Produce daily, monthly and annual reports where required.

  • Any other ad hoc duties that may be required from time to time.

KEY RELATIONSHIPS:

  • Trade Support Manager.

  • London Risk Managers.

  • Senior Risk Management.

  • Traders.

  • Brokers.

QUALIFICATION & SKILL REQUIREMENTS:

  • Bachelor’s Degree (preferably in Finance, Risk Management, Accounting, Economics, Business studies)

  • Post Graduate qualifications

Experience:

  • Prior relevant work experience of 1 to 2 years’ is preferred.

  • Trade experience advantageous.

  • Account reconciliation experience advantageous.

  • Awareness of market and industry trends.

  • Coding skills in VBA, Python advantageous.

  • Computer literate MS Office. Strong Excel & PowerPoint skills.

Competencies:

  • Multi-tasking and excellent management of time and priorities is essential.

  • Strong verbal and written communication skills that work effectively within team and different audiences.

  • Ability to understand others’ perspectives and relate complex ideas to different groups at all levels, including senior management.

  • Good problem-solving and analytical skills.

  • High level of attention to detail and data accuracy, ensuring analysis is focused on delivering practical business benefits, often in tight deadlines

  • A strong customer focus and ability to work in a global, demanding environment.

  • Ability to challenge proposals constructively to help ensure they are robust, whilst maintaining excellent working relationships.

  • Demonstrated, well-developed judgment and problem-solving skills.

  • Pro- active, committed and highly motivated.

  • Ability to work independently.

  • Ability to work well in a team.

  • Need to be adaptable, flexible and entrepreneurial.

  • Takes initiative and invest energy to resolve queries and take action as needed.

Please send internal applications to:                                                         Applications Close:

https://www.glencore.com/careers/career-opportunities             2 February 2025

This vacancy will be filled in line with the Employment Equity Plan of Glencore Global Business Centre. By applying for this position, you consent to Glencore collecting, storing, using, destroying and processing in any other manner personal information for purposes of attending to this advertisement, and/ or all matters relating thereto, including the disclosure to third parties of such personal information for purposes of confirming such personal information. In the event you do not hear from the Company within 21 days after the closing date of applications, please consider your application to have been unsuccessful. The CV’s of unsuccessful candidates will not be returned.

Who we are

Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities that advance everyday life. Through a network of assets, customers and suppliers that spans the globe, we produce, process, recycle, source, market and distribute the commodities that support decarbonisation while meeting the energy needs of today.

With over 150,000 employees and contractors and a strong footprint in over 35 countries in both established and emerging regions for natural resources, our marketing and industrial activities are supported by a global network of more than 50 offices.

Glencore’s customers are industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors. We also provide financing, logistics and other services to producers and consumers of commodities.

Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the International Council on Mining and Metals. We are an active participant in the Extractive Industries Transparency Initiative.

We will support the global effort to achieve the goals of the Paris Agreement through our efforts to decarbonise our own operational footprint. We believe that we should take a holistic approach and have considered our commitment through the lens of our global industrial emissions. Against a restated 2019 baseline, we are targeting to reduce our Scope 1, 2 and 3 industrial emissions by 15% by the end of 2026, 25% by the end of 2030, 50% by the end of 2035 and we have an ambition to achieve net zero industrial emissions by the end of 2050, subject to a supportive policy environment. For more information see our 2024-2026 Climate Action Transition Plan and the About our emissions calculation and reporting section in our 2023 Annual Report, available on our website at glencore.com/publications.​

​Note*: All applications will be subject to potential background checks. You will be informed if this will be the case. Further information about the processing of your personal data will be made available during the application process. We'll seek your explicit consent prior to processing the data.