At a Glance
- Tasks: Join a transformative project in commodities and energy trading, focusing on ETRM systems.
- Company: Dynamic brokerage firm leading the way in energy and commodity derivatives.
- Benefits: Earn up to £120,000 plus strong bonuses and enjoy hybrid working.
- Other info: Collaborative culture with opportunities for professional growth and development.
- Why this job: Make a real impact in a fast-paced environment with direct access to trading floors.
- Qualifications: 5 years of ETRM experience and knowledge of commodities trading required.
The predicted salary is between 120000 - 120000 £ per year.
Commodities & Energy Brokerage are going through a technology landscape transformation. A big project is removing their Valuations and PnL portfolio out of their current ETRM and transferring the data to a brand new, bespoke ETRM that can facilitate the trades of Commodity & Energy Derivatives (LNG, Coal, Freight, Oil).
Business knowledge around Energy or Commodities is critical for this role, as is experience with a CTRM/ETRM, as new products are launched and added to the brokerage's ETRM/CTRM system.
As a Business Analyst, you will work with both front office and middle office users, with direct desk access on the trading floor, gaining exposure across the end-to-end trade lifecycle for physical LNG, Coal & Freight.
You will be required to perform extensive hands-on work in the current ETRM, understanding the Energy & Commodities deal lifecycle and the data needed from both front and middle office, in order to develop extensive system and app knowledge of the different trades.
The Business Analyst will be required to be proactive in engaging with users and working with them in a collaborative and open manner. You must take ownership of creating structured documentation (e.g. backlogs of user stories) and be able to communicate effectively with technical and non-technical individuals.
Salary: Up to £120,000 + benefits
Location of work: Hybrid. 2-3 days from the office, based in Euston Square, Ldn
Within the ETRM you will be owning the configuration and customization; Configuring the firms ETRM including:
- Product template definition and troubleshooting.
Requirement Gathering: Work primarily with Front Office and Risk teams to understand their business processes and requirements.
Testing and Validation: Conduct functional, regression, system, and integration testing to ensure solutions meet requirements.
Experience needed for the ETRM Business Analyst role:
- 5 years’ experience as an IT Business Analyst focussed on ETRM systems
- Commodities / Energy Trading experience (preferably including physical LNG, Coal, Freight or Oil)
- Extensive experience working with an ETRM application
- Front / middle office knowledge; pricing and valuation (P&L, risk exposure, etc.)
If you are interested in this Business Analyst with ETRM experience, please reply with your latest CV or send it to us.
Business Analyst | ETRM Experience, Commodity Derivatives | £120,000 + Strong Bonus | 2-3 days office, Ldn in Basildon employer: VirtueTech Recruitment Group
Contact Detail:
VirtueTech Recruitment Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Analyst | ETRM Experience, Commodity Derivatives | £120,000 + Strong Bonus | 2-3 days office, Ldn in Basildon
✨Tip Number 1
Network like a pro! Get out there and connect with people in the commodities and energy sector. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews by brushing up on your ETRM knowledge. Make sure you can talk confidently about your experience with commodity derivatives and how you've tackled challenges in previous roles. We want to see that you can hit the ground running!
✨Tip Number 3
Showcase your hands-on experience! When discussing your past roles, highlight specific projects where you’ve worked directly with front and middle office teams. This will demonstrate your ability to collaborate effectively and understand the trade lifecycle.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to engage with us directly!
We think you need these skills to ace Business Analyst | ETRM Experience, Commodity Derivatives | £120,000 + Strong Bonus | 2-3 days office, Ldn in Basildon
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the job description. Highlight your ETRM experience and any relevant commodities knowledge. We want to see how your background fits perfectly with what we're looking for!
Showcase Your Skills: Don’t just list your skills; demonstrate them! Use specific examples from your past roles that show how you've tackled similar challenges. This helps us see you in action and understand your approach.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your experience aligns with our needs. Keep it engaging and personal – we love a bit of personality!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at VirtueTech Recruitment Group
✨Know Your ETRM Inside Out
Make sure you brush up on your knowledge of ETRM systems and their functionalities. Be prepared to discuss how you've used these systems in past roles, especially in relation to commodities like LNG, Coal, and Freight.
✨Understand the Trade Lifecycle
Familiarise yourself with the end-to-end trade lifecycle for physical commodities. This will help you engage effectively with both front and middle office users during the interview, showcasing your understanding of their processes.
✨Prepare for Scenario-Based Questions
Expect questions that ask you to solve real-world problems related to ETRM configuration or user requirements. Think of examples from your previous experience where you successfully gathered requirements or conducted testing.
✨Show Your Collaborative Spirit
Highlight your ability to work collaboratively with different teams. Share examples of how you've engaged with users in a proactive manner, as this role requires strong communication skills with both technical and non-technical individuals.