Oil & Freight Middle Office Analyst

On-site in Torre MOEVE·Added 2 days ago

Cepsa

91 open roles

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What they ask for

Have the right to work in Spain
Cepsa doesn't mention sponsorship in the ad.
Work on-site in Torre MOEVE
No relocation package mentioned.
Have 2+ years of experience
Mid-level role.

The role

What you'll do

Support daily P&L, exposure, and risk reporting for the Crude and Products trading desks, ensuring accuracy, timeliness, and compliance with Trading limits and governance.
Provide independent analysis and clear insight into portfolio performance, value drivers, and risk exposure.
Partner closely with Traders to support complex deal modelling and effective risk management.
Collaborate with Commercial Risk, Back Office, Finance, Legal, Operations Risk, and IT to maintain a strong control environment and efficient trading operations.
Monitor internal trading limits, ensuring appropriate governance and documentation.
Contribute to process, systems, and reporting improvements to enhance controls, transparency, and decision-making.
Support monthly performance reviews and contribute to strategic projects and commercial integration initiatives across Trading.

About the business

At Moeve, we are driving a transformative strategy called Positive Motion, focused on accelerating the transition towards more sustainable and lower-carbon sources of revenue. Within this strategy, Trading plays a key role in optimizing value across both traditional hydrocarbons and future energy molecules.

We are looking for a Middle Office Analyst to support the Crude and Products trading desks, ensuring robust P&L and risk oversight while acting as a key business partner to Front Office and senior management.

What are we looking for?

Minimum 2-3 years of relevant professional experience, ideally within a commodity trading environment (Middle Office, Front Office, Risk, Operations, or similar).
Understanding of physical commodity markets and how assets, logistics, locational dynamics, and optionality impact value.
Experience supporting Crude and/or Refined Products activities.
Knowledge of ETRM systems, ideally Allegro.
Strong analytical skills, commercial acumen, and risk management capabilities.
Excellent stakeholder management and communication skills.
Ability to share the story behind the numbers in a clear and articulate way.
Demonstratable knowledge of how money is made in Crude & Products trading e.g. experience of blending activity, quality and freight management etc.
Ability to support projects and coordinate across functions.

How they hire

5 steps3 interviewsa task to do

Aplicar a la vacante
Primer contacto
Phone call
Es hora de conocernos con una primera llamada.
Pruebas de aptitud
Para profundizar en todo lo que podrías hacer en Moeve.
Entrevista
Una conversación para presentarte el proyecto y conocerte mejor.
Prueba de idiomas
Not every role
Solo si el puesto lo requiere.
Entrevista con la persona responsable
With a la persona responsable
Para que le pongas cara y te detalle todo lo que quieras saber.
Cierre

About Cepsa

Cepsa is a global energy company headquartered in Madrid, Spain, operating across the entire energy value chain, including exploration and production, refining, chemicals, and marketing of petroleum products. The company is undergoing a major transformation, rebranding as Moeve to reflect its commitment to sustainable energy, including biofuels, green hydrogen, and renewable power. With operations in over 20 countries and a workforce of around 11,000 employees, Cepsa is a significant player in the European energy sector.

In Spain, Cepsa operates major industrial complexes in Andalusia (San Roque and Palos de la Frontera) and has a broad network of service stations across the country. The company is actively hiring in Madrid and other locations for roles spanning data science, engineering, commercial, and operations. For international professionals, Cepsa offers opportunities to work in a dynamic, evolving energy company with a strong focus on sustainability and digital transformation, though Spanish language skills are often required for many positions.

Industry: Energy
Founded: 1929
Employees: 10,000–15,000
Headquarters: Madrid, Spain
In Spain: Madrid, San Roque, Palos de la Frontera and 3 more
Website: moeveglobal.com

Good to know if you are moving

Cepsa is headquartered in Madrid, offering a central location for international hires in the capital.
The company is rebranding as Moeve, focusing on green energy projects like biofuels and green hydrogen, which may appeal to professionals in the sustainability sector.
Many roles are based in industrial sites like San Roque (Cádiz) and Palos de la Frontera (Huelva), which are less urban but offer significant technical opportunities.
Cepsa operates in over 20 countries, providing potential for international mobility within the company.
While the company is international, Spanish language proficiency is often required for many positions, especially those in commercial and operational roles.

In their own words

Additional information

Moeve is committed to ensuring equal opportunities, identifying and developing the full potential of individuals based solely on their abilities to perform their roles and without discrimination based on sexual orientation, gender identity, gender expression, sexual characteristics, or any other aspect of diversity.

Moeve is committed to ensuring equal opportunities, identifying and developing the full potential of individuals based solely on their ability to perform their roles and without discrimination based on sexual orientation, gender identity, gender expression, sexual characteristics, or any other aspect of diversity.

All open roles at Cepsa