Business Analyst (London Area)

Exciting opportunity for an ETRM Business Analyst to join this global Consultancy and work on-site with an Oil Major company. ETRM BA experience is a must have requirement for this position. Flexible Pay Rate (c.£700 per day)

Role Overview:

We are seeking a highly experienced Business Analyst (BA) with a strong background in commodity trading, preferably within the oil trading domain, to support a strategic transformation initiative. The successful candidate will work closely with trading, risk, and operations teams to analyse current-state processes, gather business requirements, and drive the delivery of fit-for-purpose trading solutions.

Key Responsibilities:

• Work directly with front-office traders, schedulers, and risk analysts to capture detailed business requirements across the trading lifecycle (deal capture, scheduling, risk, settlement).
• Translate business needs into clear and structured functional and non-functional requirements.
• Support the evaluation and enhancement of existing trading platforms (e.g., ETRM systems such as Allegro, Endur, or bespoke tools).
• Map out as-is and to-be business processes and workflows to support digital transformation or system upgrades.
• Drive data analysis and validation efforts related to trade data, pricing, market exposure, and logistics.
• Collaborate with IT and development teams to validate solutions and ensure alignment with business objectives.
• Assist with UAT planning and execution, act as a liaison between the business and technology.
• Provide domain expertise in oil trading operations, including knowledge of crude, refined products, shipping logistics, and physical/financial trading practices.

Required Skills & Experience:

• 5+ years of Business Analysis experience, with at least 3 years in commodity trading (preferably Oil or Energy Trading).
• Solid understanding of physical and financial oil trading workflows, including front, middle, and back-office functions.
• Hands-on experience working with ETRM systems (e.g., Endur, Allegro, RightAngle, bespoke solutions).
• Familiarity with trade lifecycle processes: deal entry, confirmation, scheduling, pricing, risk reporting, P&L, settlement.
• Strong analytical and documentation skills: BRD, FRD, process mapping, data dictionaries, use cases.
• Excellent stakeholder management skills with ability to engage traders, risk managers, IT, and operations.
• Ability to work in agile and/or waterfall environments and lead cross-functional workshops.

Desirable:

• Experience working in consulting, vendor implementations, or digital transformation projects in the oil trading space.
• Knowledge of shipping logistics, storage agreements, blending, and nominations in oil trading.
• Experience with market data providers (Platts, Argus) and pricing data integration.

This needs combining with a positive attitude and an ability to work within a large, globally dispersed project team in a multi-cultural environment. You also need to be a self-starter, a logical thinker and a quick learner, with strong initiative and excellent communication, interpersonal and presentation skills, able to write clearly and concisely.

We believe in equality of opportunity for all job applicants regardless of gender, marital status, race, colour, nationality, ethnic origin, creed or religion, disability, sexual orientation or age.

With a focus within Energy Trading, Oil & Gas, Financial Markets and Commodities, we offer a transparent Recruitment Service that has proven to be reliable and effective for over 40 years. We are ISO accredited and proud of our excellent TrustPilot Reviews. Your search for a New Contract Assignment or for a New Permanent Job will be in safe hands with Eaglecliff Recruitment.

Please telephone for an immediate response or email your CV for a quick response. Eaglecliff Ltd is acting in the capacity of an employment agency for permanent recruitment and an employment business for contractor resourcing.