Middle Office Pricing Analyst - Commodity Trading

Selby Jennings; Houston (TX); On-site; USD 100,000 - 120,000; Full time

Benefits offered by this job

Competitive compensation with performance incentives

Paid time off aligned with U.S. holidays

Comprehensive benefits package

Job summary

A growing trading organization is seeking a Middle Office Analyst to support energy-focused trading teams in Houston, Texas. The role involves reporting, trade validation, and collaboration with front office and risk teams. Key qualifications include 4+ years in energy markets and strong Excel skills. The role offers competitive compensation and various benefits, including professional development opportunities.

Qualifications

• 4+ years of experience in energy markets, ideally North American Power & Gas.
• Proven ability to reconcile trade activity and manage performance reports.
• Comfortable collaborating with both technical and non-technical teams.

Responsibilities

• Produce daily performance and exposure reports for trading books.
• Coordinate with traders and clearing entities to resolve discrepancies.
• Verify exchange data and conduct pricing for derivatives.

Skills

Experience within commodities or energy markets

Strong Excel capabilities

Familiarity with energy exchanges like CME and ICE

Knowledge of trade lifecycle

Understanding of risk concepts

Experience with Bloomberg or energy data platforms

Tools

Python

SQL

VBA

Job description

Job Overview

A growing trading organization is seeking a Middle Office Analyst to support several North American energy‑focused trading teams. This position sits between commercial activity and the firm’s control functions, handling daily reporting, trade validation, and exposure monitoring. The role involves ongoing collaboration with front‑office, risk, finance, and technology teams while contributing to process improvements across the middle‑office workflow.

Preferred Background (please refrain from applying if your experience does not match the following)

• 4+ years of experience within commodities or energy markets, ideally with exposure to North American Power & Gas.
• Experience navigating major energy exchanges such as CME, ICE, Nodal, or NGX.
• Familiarity with both exchange‑traded and physical energy products.
• Understanding of trade lifecycle and exchange clearing workflows.
• Strong Excel capabilities; knowledge of Python, SQL, or VBA is an advantage.
• Awareness of risk concepts (e.g., VaR, Greeks, drawdowns).
• Experience with tools such as Bloomberg, energy market data platforms, or ERP systems.

Key Responsibilities

• Producing and reviewing daily performance and exposure reports for various Power & Gas trading books.
• Checking and reconciling trade activity, positions, and valuations across internal and external data sources.
• Coordinating with traders, grid operators, and clearing entities to resolve trade discrepancies.
• Maintaining system reference data (products, price curves, contract attributes, etc.).
• Verifying exchange and index curve data alongside third‑party price sources.
• Outlining the drivers of daily P&L changes and discussing major exposures and risk movements with stakeholders.
• Comparing internal system records against external counterparties to confirm accuracy.
• Assisting with pricing of derivatives and physical energy products.
• Serving as a point of contact for groups such as risk management, treasury/ALM, operations, IT, and business leadership.
• Supporting automation, control enhancements, and workflow improvements.
• Continuously reviewing existing procedures to ensure accuracy, efficiency, and strong risk management.

What Success Looks Like

The right individual will be comfortable taking initiative, working with different teams, and communicating clearly with both technical and non‑technical colleagues. Adaptability and ownership are important, given the fast‑paced and operationally intensive environment.

Compensation & Benefits

The role offers a competitive compensation structure with performance incentives, paid time off aligned with U.S. holidays, and a comprehensive benefits package that includes healthcare, retirement contributions, and optional supplemental plans. Professional development opportunities—both internal and external training—are also available.