At a Glance
- Tasks: Transform the ETRM landscape and engage with trading teams on innovative projects.
- Company: Dynamic commodities and energy brokerage in London.
- Benefits: Competitive salary of £120,000 plus strong bonuses and hybrid work options.
- Why this job: Make a real impact in the energy sector while developing your skills.
- Qualifications: 5 years as an IT Business Analyst with ETRM experience and commodities knowledge.
- Other info: Collaborative environment with opportunities for professional growth.
The predicted salary is between 72000 - 84000 £ 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 Slough 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 Slough
✨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 are proactive and engaged in their job search!
We think you need these skills to ace Business Analyst | ETRM Experience, Commodity Derivatives | £120,000 + Strong Bonus | 2-3 days office, Ldn in Slough
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to highlight your ETRM experience and knowledge of commodities. We want to see how your skills align with the role, so don’t be shy about showcasing relevant projects or achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about the role and how your background in energy trading makes you a perfect fit. We love seeing enthusiasm and a personal touch!
Showcase Your Communication Skills: Since you'll be working with both technical and non-technical teams, it's crucial to demonstrate your ability to communicate effectively. We recommend including examples in your application that show how you've successfully collaborated in the past.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications better and ensures you don’t miss out on any important updates from us!
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 and energy trading. This will show that you understand the technical aspects and can hit the ground running.
✨Understand the Commodity Landscape
Familiarise yourself with the current trends and challenges in the commodities market, particularly LNG, Coal, and Freight. Being able to speak intelligently about these topics will demonstrate your passion for the industry and your ability to contribute meaningfully to the team.
✨Engage with Real Scenarios
Prepare to discuss specific scenarios where you've gathered requirements or conducted testing in previous roles. Use the STAR method (Situation, Task, Action, Result) to structure your answers, showcasing your problem-solving skills and how you’ve collaborated with both front and middle office teams.
✨Showcase Your Documentation Skills
Since creating structured documentation is key for this role, be ready to talk about your experience with user stories and backlogs. Bring examples if possible, as this will highlight your attention to detail and your ability to communicate effectively with both technical and non-technical stakeholders.