Middle Officer – Refined Metals

About Us

Established in 2004, Mercuria stands as one of the foremost integrated energy and commodity trading companies globally. We unite energy markets to address contemporary needs through trading, structuring finance, and investing in strategic assets, generating over $110 billion in turnover.

Our operations extend across more than 50 countries on five continents, encompassing all major energy hubs. From locations such as Geneva, London, Singapore, Shanghai, Beijing, Dubai, Houston, Calgary, and Greenwich (CT), we trade physical oil, energy products, environmental products, and various commodities.

Mercuria is dedicated to fostering a sustainable, affordable, and reliable energy system for the future. Currently, over 50% of our assets are allocated to low carbon and energy transition sectors, establishing a solid foundation to engage with these emerging markets and support decarbonization efforts.

In 2023, we launched Silvania, a $500 million fund focused on the global restoration and protection of nature and biodiversity, aligning with the goals of the Paris Agreement and the UN 30x30 biodiversity initiative. This innovative asset class promotes nature protection while delivering sustainable financial returns.

The Role

We seek an experienced and proactive individual to support our Refined Metals trading desk. This position is vital in ensuring operational excellence, robust risk management, and continuous process enhancement throughout the trade lifecycle.

The ideal candidate will serve as a crucial interface between the front office and support functions, leveraging extensive experience in commodities operations, particularly with metals concentrates. A comprehensive understanding of operational risk, trade economics, and P&L attribution is imperative. This role also includes mentoring junior staff and contributing to system and process improvements.

Key Responsibilities

• Ensure accurate and timely trade capture, position, and pricing reporting for the concentrates desk.
• Produce daily P&L reports for the trading team, with the ability to break down and explain key drivers (P&L attribution).
• Monitor risk exposures and trading limits, escalate breaches, and propose mitigation measures.
• Collaborate closely with traders to comprehend and challenge trading strategies from a risk and operations perspective.
• Work with internal stakeholders (back office, accounting, credit, and compliance) to guarantee seamless trade flow.
• Lead or contribute to system and process enhancements in collaboration with IT and business analysts.
• Implement and enhance operational controls to mitigate risk and ensure compliance.

Technical Expertise

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