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Commercial Analyst - Utilities

Vitol

Commercial Analyst - Utilities

Houston, TX
Full Time
Paid
  • Responsibilities

    Job Description

    The Commercial Analyst (or CA) role supports all day-to-day running of the trading desk, ensuring a detailed position summary is kept for the trader and for the matrix as a whole (if applicable) as well as ensuring exposures are actively monitored during the trading day. This will involve consolidation of various data for the trading matrix both from within the Vitol MIS infrastructure and external. The CA is also accountable for a broader range of activities on the desk, e.g. risk modeling of trades and ensuring exposure is properly documented and calculated in a consistent manner, the monitoring of futures that are near expiry, and determining what to hedge in coordination with the Traders.

    The CA works closely with all other Vitol departments to ensure accurate information needed throughout the lifespan of a transaction from execution to settlement is held in Vista. The CA is expected to provide commentary on the daily profitability reports to explain P&L movements - this requires the CA to have a strong understanding of the P&L drivers and other relevant market information related to the matrix. The CA provides all management information and decision support to the Trader, e.g. creating reports and/or undertaking general modeling and analysis on behalf of Trader. In many cases, this may involve other activities such as rolling storage or internal projects such as supporting the setup of a new business and working with MIS.

    Job duties include:

    • Timely and accurate deal entry and deal reconciliation
    • Intra-day PnL and position reconciliation for the Utilities Matrices including Power and 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
  • Qualifications

    Qualifications

    Preferred Experience:

    • 2+ Years Energy Experience (preferably in Power and/or Natural Gas)
    • Deal entry and/or deal reconciliation
    • Understanding of both physical and financial Power and Natural Gas products
    • Proficiency in Microsoft Excel, experience in VBA is preferred; programming ability in Python, R, or other languages are a plus
    • 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
    • Growth in programmatic development capabilities is expected over time
    • Energy asset valuation and deal structuring experience are a plus

    Additional Information

    Work Environment

    • This job operates in a professional office environment. Because of the collaborative, fast-paced, and high energy nature of our business, Vitol requires team members to work from our fully-equipped office.

    All your information will be kept confidential according to EEO guidelines.