Quantitative Regulatory Reporting Analyst

TOTAL Deutschland GmbH; Houston (TX); On-site; USD 85,000 - 120,000; Full time

Job summary

TotalEnergies Gas and Power (TGP) in Houston seeks a Regulatory Reporting Analyst to support regulatory reporting, risk controls and compliance in a fast-paced energy trading environment. You will collaborate with Trading, Risk, Finance and Compliance to implement robust reporting processes and data-driven insights.

The role emphasizes monitoring regulatory changes, maintaining control frameworks, and developing predictive models to support portfolio optimization across gas, power, LNG and other

Qualifications

• Master’s degree in a quantitative field (Actuarial Science, Mathematics or Quantitative Finance)
• 0–4 years of relevant risk/quantitative experience
• Strong written and verbal English; French is a plus
• Understanding of commodity markets and key risk factors
• Knowledge of applicable financial regulations and their application in risk models
• Proficiency in programming for data analysis, automation and reporting (Python, R or C#)

Responsibilities

• Ensure trading operations comply with applicable financial and physical market regulations (CFTC, FERC, etc.).
• Develop, monitor risk metrics and regulatory reporting tools.
• Design, improve and automate business processes using BI and data analytics tools.
• Support risk management with SPAN, SIMM, Monte Carlo analyses and exposure forecasting.
• Provide quantitative insights to trading, risk, middle/back office for portfolio optimization.
• Prepare, review and submit regulatory reports on time; respond to regulator inquiries.

Skills

Python

Alteryx

Power BI

English

French

Education

Master's degree in actuarial science / mathematics / quantitative finance

Tools

Python

R

C#

Job description

TotalEnergies Trading is a wholly owned subsidiary of the TotalEnergies Group and is responsible for energy trading activities across the United States. The company actively participates in North American energy markets, managing and optimizing a diverse portfolio of commodities.

This position is based in Houston, Texas and is located on the trading floor. The Houston Trading Division is responsible for optimizing the purchase and sale of natural gas, power, LNG, CO₂ emissions, and dry bulk commodities across global markets, while ensuring alignment with Group trading policies, risk frameworks, and commercial objectives.

The Analyst will join the Regulatory Reporting team and report directly to the Regulatory Reporting Team Leader. In this role, the successful candidate will support regulatory reporting activities, contribute to compliance and risk control processes, and help ensure the accuracy, completeness, and timeliness of reporting requirements in a fast-paced trading environment.

This role operates within the highly volatile and fast-paced U.S. energy and commodities markets, requiring the ability to analyze complex, data-intensive opportunities that support business growth and new commercial initiatives. The position works closely with trading, risk, finance, and compliance teams, providing time-sensitive analysis that informs both strategic and commercial decision-making. Success in this role requires thriving in a dynamic trading environment where activities are often time-critical and directly impact business performance. The team is responsible for managing the company's gas, power, dry bulk, and LNG trading and marketing activities across North America.

The jobholder will actively monitor regulatory and risk mitigation activities and ensure that the controls in place are up to date, adapted, and appropriate to the activity and the current regulatory practices. Responsibilities include:

• Ensure trading operations comply with all applicable financial and physical market regulations, including those issued by the CFTC, FERC, EIA, ERCOT, PJM, MISO, SPP, CAISO, WECC, ONRR, PUCT, and other relevant Public Utility Commissions.
• Develop, enhance, and monitor risk metrics designed to measure and manage exposures in accordance with regulatory requirements and market practices.
• Ensure the relevance, accuracy, integrity, and reliability of risk and regulatory reporting tools throughout their design, implementation, maintenance, and output validation processes.
• Design, improve, and automate business processes using Business Intelligence and data analytics tools to enhance efficiency, transparency, and control effectiveness.
• Support risk management activities by analyzing exchange and OTC market requirements, implementing and maintaining regulatory and risk models such as SPAN, SIMM, and Monte Carlo methodologies, and providing exposure analysis through scenario testing, stress testing, and forecasting.
• Partner closely with Trading, Risk, Middle Office, and Back Office teams to provide quantitative insights that support portfolio optimization and commercial decision-making, including price shock and market exposure analyses.
• Analyze and classify transactions in accordance with CFTC Substantial Position and counterparty reporting requirements while maintaining a strong understanding of portfolio and market dynamics.
• Develop and maintain automated reporting and analytical solutions using tools such as Python, Alteryx, Power BI, and other data visualization platforms.
• Maintain and validate market regulation models, ensuring their accuracy, consistency, and compliance with regulatory expectations.
• Reconcile regulatory model outputs with external counterparties and exchanges as required, investigating and resolving discrepancies in a timely manner.
• Provide subject matter expertise and ongoing support to business stakeholders regarding changes in market regulations, exchange rules, and reporting obligations that impact trading activities.
• Collaborate with colleagues across global offices, including Houston, Geneva, Paris, and Singapore, to ensure consistent interpretation and application of regulatory requirements.
• Prepare, review, and submit regulatory reports accurately and on time, while monitoring regulator feedback, addressing inquiries, and implementing improvements as needed.

TGPNA operates in highly volatile and dynamic energy markets where significant market exposures must be continuously monitored, managed, and controlled. Trading activities are subject to a complex regulatory framework, with requirements established by federal, state, and market authorities. As a result, the Regulatory Reporting team plays a critical role in understanding regulatory obligations, identifying changes that impact trading activities, and ensuring ongoing compliance across the organization.

Key regulatory authorities governing TGPNA activities include:

• Federal Energy Regulatory Commission (FERC)
• Commodity Futures Trading Commission (CFTC)
• Public Utility Commission of Texas (PUCT)
• Independent System Operators (ISOs), including ERCOT, PJM, SPP, MISO, and CAISO
• Western Electricity Coordinating Council (WECC)

The Analyst will work in a high-impact environment, supporting the Regulatory Reporting team in adapting risk control frameworks, processes, and analytical tools to evolving financial and physical market regulations. This role requires developing a strong understanding of federal, state, and local trading regulations, identifying regulatory changes that affect business activities, and ensuring compliance across energy trading operations.

In addition, the Analyst will contribute to the development and enhancement of quantitative and predictive models that support risk management, regulatory reporting, and commercial decision-making across energy portfolios. Success in this role requires the ability to navigate a complex and rapidly evolving market environment characterized by regulatory change, market volatility, and increasing business demands, while contributing to strategic initiatives in a growing organization.

The position offers extensive exposure to North American trade reporting regulations and provides the opportunity to work closely with Front Office, Middle Office, Back Office, Risk, and Finance teams. The successful candidate will play an active role in ensuring that operational results are accurate, compliant, and aligned with regulatory requirements, while helping maintain controls, processes, and reporting frameworks that are effective, up to date, and appropriately tailored to the company's trading activities.

The job holder will play an active role for the accuracy and completeness of all compliance control reports of the risk control department, the following skills are important:

• Master’s degree in Actuarial Science, Mathematics, Quantitative Finance, or a related quantitative discipline. An MSc in a scientific field or an MEng is highly preferred.
• 0 to 4 years of relevant professional experience in risk management, quantitative analysis, financial markets, or a related field.
• Strong written and verbal communication skills in English; French language proficiency is a plus for collaboration on cross-functional and international projects.
• Understanding of commodity markets and their key risk factors, including price volatility, market dynamics, and trading mechanisms.
• Knowledge of applicable financial regulations and the ability to apply regulatory requirements within model analysis and risk control frameworks.
• Strong analytical and problem-solving skills, with the ability to interpret complex data and assess risks associated with regulatory models.
• Ability to work efficiently in a fast-paced environment, manage competing priorities, and consistently meet daily deadlines.
• Proficiency in programming languages such as Python, R, or C# for data analysis, model development, automation, and process improvement.
• Ability to work with complex databases, extract meaningful insights, and support regulatory and risk-related analyses.
• Innovative mindset with the ability to develop practical solutions to meet regulatory requirements and address complex business challenges.

About the company:

TotalEnergies is a multi-energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well‑being of people.

TotalEnergies Gas and Power (TGP)

is the trading arm of TotalEnergies in the field of low carbon energies (mainly gas, LNG and power). As such it operates in fast-evolving market dynamics influenced by internal and external factors that require constant adaptation and evolution. Uncertainties specific to the trading environment (volatility of prices, supply & demand mismatches) are coupled with those coming from the broader energy sector (climate change policies, changes in the energy mix, developments of new energy sources, etc). In such context TGP helps to ensure growth and profitability to a key segment of the business in order to reach the objective of Carbon Neutrality by 2050.

Our Culture:

We are committed to meet the energy needs of a growing population while fulfilling our ambition to be a major player in the energy transition. The volatility of the energy trading markets requires excellence in risk management and a culture of innovation.

Our people flourish in an environment that promotes expertise, entrepreneurship spirit, agility and a purpose-driven culture, generating boundless opportunities to learn, grow and achieve collaborative success while ensuring safety in all our operations.

We look for passion, ambition and open‑mindedness. While we evolve in a demanding and ever‑changing industry, we cultivate a friendly workplace where team spirit and respect guide our daily routine, and where the diversity of our people and their skills create a nourishing experience for all of us.

Please note:

TotalEnergies is unable to sponsor employment visas or consider candidates on time‑limited visa status for this position.