Sr Analyst, Trading Risk

Pilot Company•Houston, TX

2d•Onsite

About The Position

This Houston, Texas, role will be responsible for supporting the daily operations of the commodities trading desk, ensuring accurate trade capture, validation, and processing, managing risk exposures, and collaborating with various internal and external stakeholders. The ideal candidate possesses a strong understanding of commodities markets, trading operations, and risk management principles.

Requirements

Bachelor’s degree in finance required
Minimum 2-3 years energy trading experience required
Strong understanding of commodities markets (e.g., energy, metals, agriculture) and trading instruments (e.g., physical, futures, options, swaps).
Proficiency in trade capture, validation, and processing systems.
Knowledge of risk management principles and methodologies.
Experience with P&L attribution and position reporting.
Familiarity with relevant regulatory requirements (e.g., Dodd-Frank, EMIR).
Excellent analytical, problem-solving, and communication skills.
Ability to work independently and as part of a team in a fast-paced environment.
Proficiency in Microsoft Excel and other Microsoft Office applications.
Candidates must be legally authorized to work in the United States without employer sponsorship.
Applicants with a local presence in Houston, TX, or the surrounding communities.

Nice To Haves

Master’s degree in finance preferred
Experience with relevant trading and risk management systems (e.g., RightAngle, PDI, AS400) is a plus.

Responsibilities

Ensure accurate and timely capture, validation, and processing of commodity trades (e.g., crude oil, natural gas, metals, agriculture) across various instruments (e.g., physical, futures, options, swaps).
Perform daily reconciliation of trading activity between front office trading systems, middle office systems, and clearing brokers/exchanges. Investigate and resolve discrepancies promptly.
Monitor and report on key risk metrics, including market risk, credit risk, and operational risk. Assist in the development and implementation of risk mitigation strategies.
Generate daily and ad-hoc position reports, providing accurate and timely information to traders, management, and other stakeholders.
Generation of daily and monthly P&L attribution, ensuring accurate reflection of trading performance.
Identify and implement process improvements to enhance efficiency, accuracy, and control within the middle office function.
Work closely with IT and other stakeholders to support and enhance trading and risk management systems.
Stay abreast of relevant regulatory requirements and ensure compliance with all applicable regulations (e.g., Dodd-Frank, EMIR).
Collaborate effectively with front office traders, risk management, finance, accounting, and other internal and external stakeholders (e.g., brokers, clearing houses).
Participate in various projects related to new product launches, system implementations, and regulatory changes.