Expert Trading Back Office

Overview of the Company

OMV Petrom is the largest energy company in South-Eastern Europe, being active on every aspect of the energy value chain: from wells, producing oil and gas, to refining and fuels distribution, gas supply and power generation & supply. We provide the energy for day-to-day modern life: fuels for mobility, light and heat. We believe that we can only evolve with a diverse mix of employees and by ensuring a healthy work-life balance.

Our Business | OMVPetrom.com

At OMV Petrom, we have a long tradition of responsible behavior towards employees, the environment and society. Sustainability means a focus on conducting the business responsibly, efficiently and in an innovative way. We are committed to create long-term value for the company and our stakeholders, while respecting the environment and, supporting the communities in which we operate.

Sustainability | OMVPetrom.com

Your tasks

• Ensure accurate, timely and compliant processing of assigned tasks, including trade validation, deal checking, trade booking, confirmations, settlement instructions and monitoring of pending transactions;
• Perform daily reconciliations and controls including broker reconciliations, clearing bank reconciliations, OTE reconciliations, review of open items and maintenance of operational KPI and control reports;
• Perform broker-related processes including broker fee verification, processing, month-end activities and liaison with brokers, exchanges and clearing institutions;
• Execute invoice and payment processes for OTC, service hedge and other trading-related activities, including invoice approval, invoice verification, payment processing and resolution of discrepancies within approved control frameworks;
• Perform month-end closing activities (MEC) related to trading operations, including service hedge accounting support, reconciliations and reporting requirements in relevant trading and financial systems;
• Initiate, verify and monitor margin call and cash collateral activities, ensuring timely processing, payment execution and coordination with Treasury, Accounting and Counterparty Administration;
• Perform compliance and counterparty controls, including KYC reviews, callback procedures, regulatory checks and adherence to internal control system (ICS) requirements and applicable trading regulations;
• Support the integrity of trade and master data within ETRM platforms and collaborate with Front Office, Operations, Risk Control, Accounting and Treasury to ensure accurate end-to-end transaction processing;
• Verify and monitor payable and receivable balances arising from trading activities, investigate outstanding items and coordinate timely resolution with internal and external stakeholders.

Your profile

• Master diploma: Finance;
• Relevant professional experience: more than 5 years;
• Good to advanced execution skills proved by ability to adjust new tasks & situations in an effective manner, showing flexibility in the way of thinking and acting;
• Proven, good knowledge and skills of Microsoft Office and SAP application;
• Teamwork skills, hard-working, proper conduct in relation to the company and the other employees;
• Excellent problem-solving, analytical and numerical abilities;
• Solid ability to innovate, suggesting improvements to the work related to own and adjacent activities, participation in developing solutions to complex problems and identify opportunities to improve activities;
• Solid understanding of Back Office Tasks and familiar with the energy trading market would be beneficial;
• Solid knowledge and understanding of related legislations / norms, internal rules/guidelines, in multiple areas of expertise;
• Advanced knowledge of English language (written and spoken).

What OMV Petrom can offer you

• Long weekend plans are always welcome - on Friday, our office hours end at 14.00.
• You can rely on a health insurance that covers medical treatment in a variety of private medical clinics.
• You can work from home, if the work activity allows.
• The number of your days off increase according to your work experience so that you'll enjoy more free time.
• We aim to make your vacation days happier, by paying each vacation day double.
• Are you a top performer? Your work can be rewarded each three months based on performance results.
• Additional days off and various financial support for different events like marriage, child birth, etc.
• Access to LinkedIn Learning and a variety of development programs.
• Do you prefer cars or bikes? We have free private covered parking.