Business Analyst - Energy Trading & Risk; Zema)

We are hiring a Senior Business Analyst to bridge energy trading, risk management, and market data teams. You will translate front, middle, and back-office needs into clear requirements and own how oil and gas prices and forward curves are sourced, built, validated, and analyzed using ZEMA Analyzer.

• Partner with traders, risk managers, schedulers, settlements, and finance teams to gather and document business requirements.
• Translate trading and risk workflows into functional specifications, user stories, and acceptance criteria.
• Run workshops, process walkthroughs, and gap analyses across front, middle, and back offices.
• Act as the primary liaison between business users and technology, data, and vendor teams.

• Configure and maintain ZEMA Analyzer reports, profiles, curves, and data views for trading and risk users.
• Define data requirements for market prices, forward curves, fundamentals, and reference data loaded through ZEMA.
• Build and validate derived curves, spreads, formulas, and time-series transformations.
• Monitor data quality, investigate gaps or anomalies, and coordinate fixes with data owners and the vendor.
• Train and support end users and document standard ZEMA workflows.

• Build and maintain forward curves for crude, refined products, NGLs, and natural gas, including basis, location, and grade differentials.
• Map price assessments (Platts, Argus, OPIS, NYMEX, ICE) to curves, contracts, and pricing formulas.
• Support deal pricing logic, including index averages, trigger and fixed pricing, roll and holiday calendars, and unit or currency conversions.
• Validate end-of-day settlements and curve marks and explain curve movements to traders and risk teams.
• Define curve governance, including ownership, construction methodology, interpolation and extrapolation rules, and approval controls.

• Support P&L, mark-to-market, position, and exposure reporting requirements.
• Define requirements for risk measures such as VaR, Greeks, credit exposure, and limit monitoring.
• Analyze curve and price data to support valuation, end-of-day processes, and risk controls.

• Contribute to system implementations and integrations across CTRM/ETRM, market data, and data platforms.
• Write test scenarios, lead UAT, and support go-live and hypercare.
• Maintain process maps, data dictionaries, and business rules documentation.
• Present findings and recommendations to managers and senior stakeholders.

• Bachelor's degree in finance, economics, engineering, computer science, or a related field.
• 10+ years of experience as a business analyst, with 5+ years in energy or commodity trading and risk management.
• Hands-on experience with ZEMA Analyzer (ZE Power Group), including building reports, curves, formulas, and data profiles.
• Solid understanding of physical and financial commodity trading (crude, refined products, NGLs, natural gas, or power) and the deal lifecycle.
• 5+ years of hands-on oil and gas commodity curve and pricing experience, including forward curve construction, price assessments, benchmarks, and differentials (e.g., WTI, Brent, Henry Hub, Mont Belvieu, Gulf Coast products).
• Working knowledge of risk concepts, including mark-to-market, P&L attribution, VaR, exposure, hedging, and limits.
• Advanced Excel skills, including complex formulas, pivot tables, Power Query, data validation, and lookup functions; VBA or macros are a plus.
• Strong business communication skills, including clear writing, confident presentation, and the ability to explain technical topics to traders and executives.
• Proven ability to write requirements, user stories, process maps, and test cases.