Senior Front Office Power Trading Business Analyst (ETRM)
Location:
Houston, TX (or willing to relocate)
Our client is a leading international energy trading organization seeking a
Senior Business Analyst
to act as the bridge between the
US Power Trading Desk
and IT teams. This role requires a rare combination of deep
Front Office Power market expertise
and strong
ETRM delivery experience
. Candidates must be comfortable engaging directly with traders and schedulers while driving ETRM initiatives from requirements gathering through implementation and production support.
Key Responsibilities
- Partner directly with Power Traders, Schedulers, Risk and Operations teams to understand business needs and translate them into functional solutions.
- Lead end-to-end ETRM projects including requirements gathering, functional specifications, testing, deployment, and post go-live support.
- Support Front Office trading activities across US Power markets and physical asset portfolios.
- Work closely with IT, developers, and third-party vendors to deliver enhancements and system improvements.
- Define and execute UAT strategies, coordinate stakeholder sign-off, and ensure successful delivery.
- Support production issues, troubleshoot trading and risk processes, and drive continuous improvement initiatives.
- Contribute to valuation, risk reporting, mark-to-market, exposure management, and trade controls initiatives.
Required Experience
- 8+ years of Business Analysis experience within Energy Trading environments.
- Recent hands-on experience supporting
US Power Trading
desks.
- Strong understanding of:
- FTRs (Financial Transmission Rights)
- Congestion products
- Heat Rate Options
- Tolling Agreements
- Hedging and Power Derivatives
- Experience working with physical power assets including:
- Generation
- Tolling
- Battery Energy Storage Systems (BESS)
- Strong knowledge of US ISO markets:
- ERCOT
- PJM
- MISO
- CAISO
- Day-Ahead and Real-Time markets
- Scheduling processes
- Proven ETRM expertise including:
- Endur and/or PowerOptix
- Requirements gathering
- Functional design
- UAT
- Production support
- SQL
Mid Office Knowledge
The successful candidate will demonstrate strong knowledge of:
- Mark-to-Market valuation
- Exposure reporting
- Risk metrics
- Forward curve management
- Trade controls
Nice to Have
- Allegro, RightAngle, nMarket or OATI experience
- Battery storage market experience
- Python skills
- Exposure to structured and exotic power products