European Gas and LNG Market Analyst, UK

ZipRecruiter; City Of London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading utility-backed energy trader seeks a European Gas and LNG Market Analyst to support their trading businesses. You will analyze market drivers, build models, and communicate insights to traders and management. The ideal candidate has at least 5 years of data analysis experience within the European Gas sector and strong skills in econometrics, PowerBI, and Python.

Qualifications

• At least 5 years’ experience in data analysis role in European Gas.
• Strong quantitative and qualitative analysis skills.
• Solid understanding of IT infrastructure projects and implementation.

Responsibilities

• Build and update models to gain market views for traders.
• Coordinate closely with team members and communicate findings.
• Generate trade ideas supported by analytics.

Skills

Econometrics

PowerBI

Databricks

Python

Spreadsheet modelling

Data analysis

Education

Bachelor’s degree in a highly numerate subject

Master’s degree (preferable)

Tools

PowerBI

Excel

Python

Job description

Company Description

JERA Global Markets (JERAGM) is a leading utility-backed seaborne energy trader. A joint venture between majority shareholder JERA Co., Inc. and EDF Trading Ltd, JERAGM’s shareholders are among the world’s major utilities.

JERAGM operates one of the most exciting energy portfolios in the world which gives it an in-depth understanding of the way local, regional and international energy markets behave. Its in-depth knowledge and market insights enable us to capture trading opportunities, optimise portfolios, create value and enhance security of supply for our customers.

Headquartered in Singapore, JERAGM has a global talent pool of more than 400 people across offices located in four strategic locations: Singapore, Japan (Tokyo), the UK (London) and the US (Houston).

JERAGM is strongly capitalised with over US$500 million in paid up capital and a total equity of US$4 billion. JERAGM has an AA- Stable rating from R&I, attributable to a robust business model and solid financial base.

Responsibilities

The European Gas and LNG Market Analyst will be part of the fundamentals team within JERAGM focussing on European Gas and the impact on LNG and LNG impacting on European regional price hubs. The individual will play a key part in the analysis supporting JERAGM’s European Gas, LNG, Coal and Japanese Power trading businesses.

The role of the analyst will be to build and update models to gain market views for traders and wider JERA businesses. A key element of the role is to have a forward view and advice on the main drivers and the latest market development - especially focussing on the impact European drivers have on the Global LNG market.

He/she will coordinate closely with other members in a collaborative and open manner, create high level overview presentations for traders, senior management and the wider community as well as to draft weekly and monthly reports in which the latest drivers are clearly communicated.

Key Role Responsibilities

• Building tools to support insights for all countries where LNG is imported into Europe - and the price that drive these individual markets with focus on LNG but also the other drivers that impact pricing of European indexes.
• Econometrics, PowerBI, Databricks, Python, and spreadsheet modelling experience is required
• Work closely with traders to explain market views. Understanding the impact alternative fuels have on the market and how the European indexes drive the Atlantic curve.
• Studying all drivers - by building the tools that impact the price of fuels
• Supporting strategic business decisions by communicating the impact of our analysis
• Building longer term views on likely market trends. Assisting the business with contract renegotiations and origination deals when required
• Generate trade ideas and back these up with analytics.
• Share insights on wider gas and relevant commodity markets. Understanding their impacts on our views and positions.
• Scraping data and data-warehouse buildout so that a more systematic approach of modelling is possible - especially considering probabilistic and multivariable regression models.

Qualifications

• Bachelor’s degree in a highly numerate subject (Master’s preferable)
• At least 5 years’ experience in data analysis role in European Gas. LNG experience an advantage.
• Good understanding in logistical optimisation
• Commercial thinking and ability to see opportunities in data and in trends.
• Solid understanding of IT infrastructure projects and implementation. Keen to enhance view on gas markets and learn about coal market dynamics and its effect on the market/prices.
• Strong quantitative and qualitative analysis skills; excellent PowerBI, Excel, Python and modelling skills
• Exceptional written, oral and interpersonal communication skills

Person Specification

• Highly analytical and numerate with strong attention to detail
• International mindset and culturally aware
• Entrepreneurial and extremely driven
• Ability to work independently and as part of a team