Position Overview:- Client is seeking a Trading Desk Analyst to join our Crude Oil Trading Team. This position provides an excellent opportunity to partner and work directly with a strong commercial team being the interface for the desk with commercial, scheduling, risk management, and finance. The successful candidate will be self-motivated, have a high level of intellectual curiosity, and a passion for analyzing results to drive P&L improvement for client.
Responsibilities:- Support refinement of the Crude Oil Trading P&L by assisting traders with SAP deal entry and amendments to ensure accurate recording of trading transactions
- Manage daily position reporting for front office by reconciling profit and loss statements to ensure accuracy and completeness
- Maintain exposure records and monitor changes in market conditions to inform trading decisions
- Ad-hoc report generation and analysis to summarize trading activities and performance trends
- Liaise between front & mid office to ensure accurate recording and reconciliation of trading transactions, and analyst financial data relevant to trading activities
- Assist in KYC clearances for front office
- Assist in managing KPIs
- Develop systems knowledge and training material
Experience and Qualifications Required: Basic Qualifications:- Bachelor's degree in a quantitative field such as Engineering, Accounting, Economics, Statistics, Sciences, etc.
- At least 1 year of experience in related energy and/or industrial sector (oil & gas, petrochemical, refining, trading)
- Advanced skills in Excel with Excel/Power BI
- Basic understanding of financial trading including hedging/speculative/price forecasting instruments such as derivatives, futures, options, TOC and various credit instruments
- Familiarity with economic evaluation and analysis as well as comprehension of concepts such as NPV, value creation, and option value is desirable
- Strong analytical, verbal, and written skills
- Must have legal authorization to work in the US on a full-time basis
- Work in office-based environment, located at ATA's corporate center in downtown Houston, TX
Preferred Qualifications: - 2+ years of experience in a trading environment (trading analysis and/or risk management analysis)
- Experience working with an ETRM, RightAngle and/or SAP preferred
- Knowledge of financial derivative instruments such as futures & swaps
- Experience performing data mining and modeling with Excel
With over 90 years' combined experience, NES Fircroft (NES) is proud to be the world's leading engineering staffing provider spanning the Oil & Gas, Power & Renewables, Chemicals, Construction & Infrastructure, Life Sciences, Mining and Manufacturing sectors worldwide. With more than 80 offices in 45 countries, we are able to provide our clients with the engineering and technical expertise they need, wherever and whenever it is needed. We offer contractors far more than a traditional recruitment service, supporting with everything from securing visas and work permits, to providing market-leading benefits packages and accommodation, ensuring they are safely and compliantly able to support our clients.
