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- Tasks: Join a dynamic team to enhance ETRM applications for commodities trading.
- Company: Be part of a leading Commodities & Energy Trading House undergoing tech transformation.
- Benefits: Enjoy a competitive day rate of £700-£750 and hybrid work flexibility.
- Why this job: Gain hands-on experience in a fast-paced trading environment with direct desk access.
- Qualifications: 5 years as an IT Business Analyst with ETRM systems and commodities trading experience required.
- Other info: Work 2-3 days in the office located in Euston Square, London.
Business Analyst – Commodities Trading House | Commodities Derivatives (LNG, Coal, Freight, Oil) | £700- £750/Day Inside IR35 | 2-3 days office, Ldn
Commodities & Energy Trading House are going through a technology landscape transformation. As such, 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 Commodities Derivatives (LNG, Coal, Freight, Oil).
The work will be focussed on improving and changing the Energy Trading and Risk Management (ETRM) applications that make up the Trading House systems landscape. You will work with users from across the business and cover functionality across the end-to-end trade lifecycle for physical LNG, Coal and Freight , as well as commodity derivatives and FX/IR.
As such, business knowledge around Commodities Derivatives is critical for this role.
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 end-to-end trade lifecycle for physical LNG, Coal & Freight.
As a Business Analyst, you will be required to perform extensive hands-on work in the current ETRM, understanding the Commodities Derivatives lifecycle and the data needed from both front and middle office, in order to develop extensive system and app knowledge of the different trades. As a Commodities Derivatives Business Analyst, you 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
Day rate: £700-£750/Day inside IR35.
Location of work: Hybrid. 2-3 days from the office , based in Euston Square, Ldn
Duties of the Commodities Derivatives Business Analyst
- Working with the users to identify their needs
- Creating worked examples, mock-ups, test cases or similar to help users understand their requirements and potential solution options
- Performing hands-on system or data analysis to identify changes (e.g. to usage, to configuration or to class-event)
Experience needed for the Business Analyst role
· 5 years’ experience as an IT Business Analyst focussed on ETRM systems
· Commodities 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 Commodities Derivatives Business Analyst role.
Please reply with your latest CV or send it direct to
Business Analyst – Commodities Trading House | Commodities Derivatives (LNG, Coal, Freight, Oil) | £700- £750/Day Inside IR35 | 2-3 days office, Ldn employer: VirtueTech Recruitment Group
Contact Detail:
VirtueTech Recruitment Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Analyst – Commodities Trading House | Commodities Derivatives (LNG, Coal, Freight, Oil) | £700- £750/Day Inside IR35 | 2-3 days office, Ldn
✨Tip Number 1
Familiarize yourself with the specific ETRM systems used in commodities trading. Understanding the nuances of these systems will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the commodities trading sector, especially those who have experience with LNG, Coal, and Freight. Engaging with industry experts can provide insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss real-world scenarios where you've successfully collaborated with both technical and non-technical teams. Highlighting your communication skills and ability to bridge gaps will be crucial.
✨Tip Number 4
Stay updated on current trends and challenges in the commodities market. Being knowledgeable about recent developments will show your passion for the industry and your proactive approach to the role.
We think you need these skills to ace Business Analyst – Commodities Trading House | Commodities Derivatives (LNG, Coal, Freight, Oil) | £700- £750/Day Inside IR35 | 2-3 days office, Ldn
Some tips for your application 🫡
Understand the Role: Make sure you fully understand the responsibilities and requirements of the Business Analyst position in a Commodities Trading House. Highlight your relevant experience with ETRM systems and Commodities Derivatives in your application.
Tailor Your CV: Customize your CV to emphasize your 5 years of experience as an IT Business Analyst, particularly focusing on ETRM systems and your knowledge of physical LNG, Coal, Freight, or Oil. Use specific examples that demonstrate your hands-on experience and understanding of the trade lifecycle.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your proactive approach to engaging with users and your ability to create structured documentation. Mention your experience in collaborating with both technical and non-technical individuals.
Highlight Relevant Skills: In your application, make sure to highlight key skills such as data analysis, creating mock-ups, and developing test cases. These are crucial for the role and will show that you are well-prepared for the challenges ahead.
How to prepare for a job interview at VirtueTech Recruitment Group
✨Understand the Commodities Derivatives Landscape
Make sure you have a solid grasp of the commodities derivatives market, especially LNG, Coal, Freight, and Oil. Be prepared to discuss how these markets operate and any recent trends or changes that could impact trading.
✨Showcase Your ETRM Experience
Highlight your experience with ETRM systems during the interview. Be ready to provide specific examples of how you've worked with these applications, including any hands-on analysis or improvements you've implemented.
✨Prepare for Technical and Non-Technical Communication
Since you'll be interacting with both technical and non-technical users, practice explaining complex concepts in simple terms. This will demonstrate your ability to bridge the gap between different teams effectively.
✨Demonstrate Proactive Engagement
Emphasize your proactive approach to engaging with users. Share examples of how you've collaborated with stakeholders to identify needs and create structured documentation, such as user stories or backlogs.
