At a Glance
- Tasks: Lead the end-to-end lifecycle of physical oil trading and optimise processes.
- Company: Leading energy trading firm with a focus on innovation.
- Benefits: Competitive daily rate, hybrid work model, and long-term contract potential.
- Why this job: Make a real impact in the energy sector while working with cutting-edge ETRM systems.
- Qualifications: Experience as a Business Analyst in energy trading and knowledge of ETRM platforms.
- Other info: Fast-paced environment with opportunities for continuous improvement and career growth.
Overview
Role: Contract Business Analyst (Oil Trading)
Project: Energy Trading & Risk Management Platform (ETRM)
Contract: 6 months rolling
X4 Technology are partnered with a leading energy trading firm offering the opportunity for an experienced contract ETRM Business Analyst to lead their end-to-end lifecycle of physical oil trading. This is a high-impact role working closely with Front Office, Middle Office, Operations, Risk and IT to ensure oil trading processes are accurately captured, optimised and supported within their ETRM platform. Youβll play a key role in translating complex physical oil trading workflows into scalable system solutions, supporting both day-to-day operations and strategic change initiatives.
Responsibilities
- Act as the primary liaison between business stakeholders and technology teams across the full oil trading lifecycle
- Gather, analyse and document business requirements covering front-to-back trading processes (trade capture, scheduling, logistics, pricing, invoicing, settlements and P&L)
- Configure and enhance ETRM systems to support physical oil trading activities
- Support system implementations, upgrades, and process improvements, including testing (UAT), data validation and go-live support
- Work closely with traders, schedulers, operations and risk teams to ensure system functionality aligns with real-world trading practices
- Identify inefficiencies and drive continuous improvement in trading workflows and controls
- Produce clear functional specifications, process maps, and documentation for internal and external stakeholders
Requirements
- Strong experience as a Business Analyst within energy trading, specifically physical oil
- In-depth knowledge of the end-to-end oil trading lifecycle and how it is represented in ETRM systems
- Hands-on experience with one or more ETRM platforms
- Solid understanding of front-to-back trading processes, including risk, P&L, settlements and logistics
- Proven ability to work with front office stakeholders and translate trading requirements into technical solutions
- Excellent analytical, communication and stakeholder management skills
- Comfortable working in a fast-paced trading-floor environment
The role is for a 6 month rolling contract, with multi year scope. The rate is Β£750-850/d outside IR35, working in central London on a hybrid basis (3 days per week).
Outside IR35 Business Analyst (Oil Trading) employer: X4 Technology
Contact Detail:
X4 Technology Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Outside IR35 Business Analyst (Oil Trading)
β¨Tip Number 1
Network like a pro! Reach out to your connections in the energy trading sector and let them know you're on the lookout for opportunities. A friendly chat can lead to insider info or even a referral that could land you an interview.
β¨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of ETRM systems and the oil trading lifecycle. We want you to be able to speak confidently about how your experience aligns with the role, so practice articulating your past projects and achievements.
β¨Tip Number 3
Donβt underestimate the power of follow-ups! After an interview, shoot a quick thank-you email to express your appreciation and reiterate your interest in the position. It keeps you fresh in their minds and shows your enthusiasm.
β¨Tip Number 4
Apply through our website for the best chance at landing that contract! Weβre always looking for talented individuals like you, and applying directly can sometimes give you an edge over other candidates.
We think you need these skills to ace Outside IR35 Business Analyst (Oil Trading)
Some tips for your application π«‘
Tailor Your CV: Make sure your CV speaks directly to the role of Business Analyst in oil trading. Highlight your experience with ETRM systems and any relevant projects you've worked on. We want to see how your skills align with the job description!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific experiences that relate to the oil trading lifecycle and how you can add value to our team.
Showcase Your Analytical Skills: As a Business Analyst, your analytical skills are key. In your application, provide examples of how you've gathered and documented business requirements in the past. We love seeing clear, structured thinking!
Apply Through Our Website: Don't forget to apply through our website for immediate consideration! Itβs the best way for us to receive your application and get you into the process quickly. We can't wait to hear from you!
How to prepare for a job interview at X4 Technology
β¨Know Your ETRM Inside Out
Make sure youβre well-versed in the specific ETRM platforms mentioned in the job description. Brush up on how they support physical oil trading processes, as you'll need to demonstrate your understanding of trade capture, logistics, and settlements during the interview.
β¨Speak Their Language
Familiarise yourself with the terminology used in oil trading and energy markets. Use terms like 'P&L', 'risk management', and 'trade lifecycle' confidently to show that you can communicate effectively with both technical teams and business stakeholders.
β¨Prepare Real-World Examples
Think of specific instances where you've improved trading workflows or supported system implementations. Be ready to discuss these examples in detail, highlighting your analytical skills and how youβve driven continuous improvement in past roles.
β¨Ask Insightful Questions
Prepare thoughtful questions about the companyβs current challenges in oil trading and their expectations for the role. This shows your genuine interest and helps you understand how you can contribute to their goals right from the start.