Trade Analyst

NES Fircroft - Houston, TX

Full-time - Entry Level

Houston, TX

51-100 employees

Administrative and Support Services

About the position

The Trading Desk Analyst position at NES Fircroft offers an exciting opportunity to work within the Crude Oil Trading Team. This role involves collaborating closely with a commercial team and serves as the primary interface between the trading desk and various departments such as scheduling, risk management, and finance. The ideal candidate will be self-motivated and possess a strong analytical mindset to enhance P&L performance through effective trading analysis and reporting.

Responsibilities

• Support refinement of the Crude Oil Trading P&L by assisting traders with SAP deal entry and amendments to ensure accurate recording of trading transactions.
• Manage daily position reporting for front office by reconciling profit and loss statements to ensure accuracy and completeness.
• Maintain exposure records and monitor changes in market conditions to inform trading decisions.
• Generate ad-hoc reports and conduct analysis to summarize trading activities and performance trends.
• Liaise between front & mid office to ensure accurate recording and reconciliation of trading transactions, and analyze financial data relevant to trading activities.
• Assist in KYC clearances for front office.
• Assist in managing KPIs.
• Develop systems knowledge and training material.

Requirements

• Bachelor's degree in a quantitative field such as Engineering, Accounting, Economics, Statistics, or Sciences.
• At least 1 year of experience in the energy and/or industrial sector (oil & gas, petrochemical, refining, trading).
• Advanced skills in Excel with Excel/Power BI.
• Basic understanding of financial trading including hedging/speculative/price forecasting instruments such as derivatives, futures, options, and various credit instruments.
• Familiarity with economic evaluation and analysis, including concepts such as NPV, value creation, and option value.

Nice-to-haves

• 2+ years of experience in a trading environment (trading analysis and/or risk management analysis).
• Experience working with an ETRM, RightAngle, and/or SAP preferred.
• Knowledge of financial derivative instruments such as futures & swaps.
• Experience performing data mining and modeling with Excel.

Benefits

• Market-leading benefits packages including support with securing visas and work permits.
• Accommodation assistance for contractors.