Business Analyst | Energy Trading | Position Reporting | Oil | £850/Day Inside IR35

VirtueTech Recruitment Group; Greater London; Hybrid; GBP 136,000 - 178,000; Full time

Job summary

VirtueTech Recruitment Group is seeking a capable Business Analyst for a strategic Position Reporting programme in the oil trading space. You will work with Front Office, Middle Office, Risk and Technology teams to deliver real-time, flexible position views across regions and commodities.

The role focuses on gathering requirements from trading stakeholders, translating them into user stories, and bridging business needs with development teams. London, 3 days in the office.

Qualifications

• Strong BA with knowledge of energy trading and position reporting.
• Ability to translate trading requirements into functional specs.
• Experience bridging business needs with tech teams.

Responsibilities

• Gather and rapidly translate requirements from time-constrained trading stakeholders.
• Understand how traders view and analyse their positions in real time.
• Translate business requirements into user stories, functional requirements and clear documentation.
• Understand trade booking, trade modelling and front-to-back commodities processes.
• Understand how position data can be aggregated and represented across different commodities and asset classes.
• Support the rollout of Position Reporting across Oil.
• Work across existing and new ETRM/CTRM platforms, including Endur.
• Work with data from multiple underlying ETRM systems and understand how that data feeds into a consolidated position view.
• Analyse trade data and work with databases, JSON and message files.

Skills

Stakeholder management

Business analysis

Requirements gathering

Trading domain knowledge

Bridge business and tech

Tools

Endur

ETRM/CTRM

JSON

Databases

Job description

Business Analyst | Energy Trading | Position Reporting | Oil | £850/Day Inside IR35

We are working with a major commodities & energy trading firm that is looking for an experienced Business Analyst to join a strategic Position Reporting programme covering Oil across multiple regions. The position reporting platform sits across multiple ETRM systems and is being developed to give traders a real-time, flexible view of their positions across different commodities, products and regions.

Rather than relying solely on the native position reporting capabilities within individual ETRMs, the business is building a bespoke platform that takes the underlying trade and ETRM data and presents it in the way traders actually need to see it.

For example, a trader may want to view their position as a Crack Spread, rather than simply seeing the underlying individual trades. Understanding how traders look at their positions, how they want the data represented and how that information should be aggregated and reported is a key part of the programme.

You’ll work closely with Front Office, Middle Office, Risk and Technology teams, acting as the conduit between the business and development teams.

The successful BA will be someone who genuinely understands commodities trading, physical commodities and the trade lifecycle, rather than someone focused purely on ETRM configuration.

You’ll be expected to:

• Gather and rapidly translate requirements from time-constrained trading stakeholders
• Understand how traders view and analyse their positions in real time
• Translate business requirements into user stories, functional requirements and clear documentation
• Understand trade booking, trade modelling and front-to-back commodities processes
• Understand how position data can be aggregated and represented across different commodities and asset classes
• Support the rollout of Position Reporting across Oil
• Work across existing and new ETRM/CTRM platforms, including Endur
• Work with data from multiple underlying ETRM systems and understand how that data feeds into a consolidated position view
• Analyse trade data and work with databases, JSON and message files

This is not a role for an ETRM configuration specialist who has spent their career focused purely on one system. Equally, the team is not looking for a heavily technical, ex-developer BA. They need someone who can face off to the business, understand the trading requirement and bridge the gap between traders and developers.

Experience across Physical Oil and broader commodities is particularly relevant, alongside exposure to position reporting projects and multiple ETRM/CTRM environments.

This is a great opportunity for a BA who wants to work on a strategic position-reporting platform with genuine exposure to multiple commodities, regions and ETRM environments, helping shape how traders consume and interact with their position data rather than simply working within the reporting functionality of a single ETRM.

London – 3 days per week in the office