Senior Trading Analyst

LyondellBasell

Basic Function

The Senior Trading Analyst has ownership and responsibility for middle and back office elements of trade lifecycle processing, as well as monitoring and analysis of risk exposures on an intraday and long-term basis. Will coordinate with FRM colleagues, Accounting, IT and others to investigate and resolve trade issues spanning the interrelationships between transaction economics, policy guidelines, and software functionality. Responsible for the timely execution (including verification) of trade confirmations and their associated records. Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

Roles & Responsibilities

• Serve as main contact for derivatives dealers/traders regarding middle and back office commodity trading activity.
• Manage Trade Management Systems including CXL Triplepoint.
• Review, analyze, interpret and provide daily exposure reporting; identify and resolve issues.
• Ensure all derivatives lifecycle events are correctly and consistently performed within existing trade capture systems and procedures including trade capture.
• Manage confirmation process by coordinating execution of confirmations on behalf of the company once accurate, returning executed confirmations to counterparties, archiving records including executed confirmation, trade related e-mail and other explanatory documents, and responding to confirms in timely manner if inaccuracies identified.
• Manage intercompany confirmations process including liaising with accounting and segment controlling, EMIR reporting.
• Agree with counterparties on settlements, provide timely payment instructions to AP/AR and cash forecast information to Treasury Operations team, and assist Accounting team with monthly settlement reporting and mark to market. Partner with Accounting and Risk teams to research and resolve trading, risk other discrepancies resulting from lifecycle events and processes.
• Calculate daily gain/loss and mark to market on futures and OTC positions, coordinates with Treasury Operations team when collateral is required.
• Partner with Accounting and Audit teams to ensure accurate financial reporting.
• Review, analyze, interpret and provide daily mark to market P&L reporting and verification.
• Provide ad hoc reporting as requested.
• Support, identify, and assist in the implementation of process and systems improvements, from system testing and implementations to desk level processes.
• Develop and maintain appropriate policies and procedures for all activities.
• Participate in regular internal Audit, Compliance and Business Controls initiatives to evaluate and enhance the effectiveness of existing policies and procedures.

Min. Qualifications

• Three to five years of experience in risk management, finance and/or banking, particularly experience related to commodity markets.
• Experience with a company that operates globally.
• Strong inter-personal skills, collaborative, focused on relationship-building.
• Able to work under pressure, attention to detail, and internal drive for innovation. You will be expected to develop new tools, reports and processes.
• Demonstrated risk and data analytics skills including advanced Excel skills, basic PowerBI.
• Experience with trade management or ETRM systems, especially CXL Triplepoint.
• Bachelor's degree in Finance, Economics, Statistics, Engineering, Business Administration, or other quantitative field.

Competencies

Builds effective teams

Collaborates

Cultivates innovation

Customer focus

Demonstrates courage

Drives results

Ensures accountability

Instills trust and exemplifies integrity

LyondellBasell (NYSE: LYB) is one of the largest plastics, chemicals and refining companies in the world. Driven by its employees around the globe, LyondellBasell produces materials and products that are key to advancing solutions to modern challenges like enhancing food safety through lightweight and flexible packaging, protecting the purity of water supplies through stronger and more versatile pipes, improving the safety, comfort and fuel efficiency of many of the cars and trucks on the road, and ensuring the safe and effective functionality in electronics and appliances. LyondellBasell sells products into more than 100 countries and is the world's largest producer of polypropylene compounds and the largest licensor of polyolefin technologies. In 2022, LyondellBasell was named to Fortune Magazine's list of the "World's Most Admired Companies" for the fifth consecutive year.

We have the potential - and responsibility - to use this scale and reach to make a positive impact across our value chains. That's why we are working to make meaningful progress to address some of the world's most pressing challenges such as reducing plastic waste in the environment, helping to mitigate climate change and contributing to a thriving society for our employees, the communities where we operate and the people who depend on our products. To learn more, click here.

Must be at least 18 years of age and must be legally authorized to work in the United States (US) on a permanent basis without visa sponsorship.

LyondellBasell does not accept or retain unsolicited resumes or phone calls and/or respond to them or to any third party representing job seekers.

LyondellBasell is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, veteran status, and other protected characteristics. The US EEO is the Law poster is available here.

Nearest Major Market: Houston