Commercial Analyst - Natural Gas

Vitol•Houston, TX

3d•Onsite

About The Position

The Commercial Analyst (CA) role supports the day-to-day operations of the trading desk, ensuring a detailed position summary is maintained for the trader and the matrix as a whole. This role involves actively monitoring exposures during the trading day, consolidating data from Vitol's MIS infrastructure and external sources for the trading matrix. The CA is also responsible for risk modeling of trades, ensuring proper documentation and consistent calculation of exposures, monitoring futures nearing expiry, and determining hedging strategies in coordination with Traders. The CA collaborates with all other Vitol departments to ensure accurate information is held in Vista throughout the transaction lifecycle, from execution to settlement. A key responsibility is providing commentary on daily profitability reports to explain P&L movements, which requires a strong understanding of P&L drivers and relevant market information. The CA provides management information and decision support to the Trader through reports, modeling, and general analysis. This may also involve activities such as rolling storage or supporting new business setups and working with MIS.

Requirements

2 or more years of experience in natural gas, power, or related energy markets
Deal entry and/or deal reconciliation experience
Understanding of both physical and financial power and natural gas traded products
Proficiency in Microsoft Excel
Analytical understanding and support Wholesale Power & Natural Gas fundamentals, i.e. generation, load, weather, fuels, transmission, gas flows, pipeline outages, etc.
Ability to build and maintain daily, weekly, and monthly analysis reports for the traders
Ability to build and maintain tools that capture, analyze, and display time-sensitive data to traders and effectively work with IT to accomplish needs

Nice To Haves

experience in VBA is preferred
Programming ability in Python, R, or other languages are a plus
Growth in programmatic development capabilities is expected over time
Energy asset valuation and deal structuring experience are a plus

Responsibilities

Timely and accurate deal entry and deal reconciliation
Intra-day PnL and position reconciliation for the Natural Gas desks
Ability to work under pressure to resolve real-time issues confidently
Ability to manage communications, priority, and expectations with Traders, Operators and Management
Strong working relationship and communications with other internal departments
Continued development of Vista reporting and/or process improvements
Use Vitol’s software platforms, custom analytical models, and industry standard techniques to identify opportunities and risks in the North American Utilities markets
Maintain, enhance, and monitor models and applications fundamental to our strategies and trading scenarios
Build and maintain daily, weekly, and monthly analysis reports for the traders
Build and maintain tools that capture, analyze, and display time-sensitive data to traders and effectively work with IT to accomplish needs