Senior Business Analyst – Energy Trading & Risk (ZEMA)

Programmers.io

Houston (TX)

On-site

USD 120,000 - 180,000

Full time

14 days+

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Job summary

Programmers.io in Houston, TX seeks a Senior Business Analyst – Energy Trading & Risk (ZEMA) to support trading, risk management, and market data initiatives in a fast-paced commodities environment.

The ideal candidate has deep ZEMA expertise, oil & gas market data experience, forward curve construction, and strong ETRM/CTRM process knowledge. This role bridges business and tech teams and drives data governance and reporting accuracy.

Qualifications

Bachelor's degree in Finance, Economics, Engineering, CS, IS, or related field.
10+ years of Business Analysis experience with 5+ years in Energy Trading, Commodity Risk, or ETRM environments.
Strong hands-on experience with ZEMA Analyzer (ZE PowerGroup).
Deep understanding of physical and financial commodity trading lifecycles.
5+ years of oil & gas pricing, market data management, and forward curve construction.
Advanced Excel, Power Query, Pivot Tables, lookups and data validation.

Responsibilities

Act as bridge between traders, risk managers, schedulers, finance and operations.
Translate trading and risk workflows into detailed functional specs and user stories.
Configure and maintain ZEMA Analyzer reports, dashboards, profiles, data views and curves.
Develop documentation and provide end-user training on ZEMA processes.
Support P&L, MTM, VaR, exposure analysis and risk controls.
Lead UAT, test plans, and assist production go-lives.

Education

Bachelor's degree in related field

Tools

ZEMA Analyzer

ZE PowerGroup

Platts

Argus

NYMEX

ICE

Power BI

Tableau

Python

SQL

Job description

Job: Senior Business Analyst – Energy Trading & Risk (ZEMA)

Location: Houston, TX

Job Type: Full-Time

Mandatory Skills

ZEMA Analyzer, Energy Trading, Commodity Risk Management, Oil & Gas Pricing, Forward Curve Construction, Market Data Management, ETRM/CTRM, P&L, Mark-to-Market (MTM), VaR, Exposure Analysis, Platts, Argus, NYMEX, ICE, Business Analysis, UAT, Excel, Stakeholder Management.

Experience Required: 10+ Years (Including 5+ Years in Energy Trading, Commodity Risk, or ETRM)

Job Summary

We are seeking a highly experienced Senior Business Analyst – Energy Trading & Risk (ZEMA) to support energy trading, risk management, and market data initiatives within a fast-paced commodities environment. The ideal candidate will possess deep expertise in ZEMA Analyzer, oil & gas market data, forward curve construction, commodity pricing, and ETRM/CTRM processes.

This role will act as a bridge between business stakeholders and technology teams, translating trading and risk requirements into scalable solutions while ensuring the integrity, governance, and accuracy of market data, pricing curves, and analytical reporting.

Key Responsibilities

Business Analysis & Stakeholder Management

Collaborate with traders, risk managers, schedulers, settlements, finance, and operations teams to gather business requirements.
Translate trading and risk workflows into detailed functional specifications, process maps, user stories, and acceptance criteria.
Lead requirement workshops, process reviews, gap analyses, and stakeholder meetings.
Serve as the primary liaison between business users, IT teams, data teams, and third-party vendors.
Configure and maintain ZEMA Analyzer reports, dashboards, profiles, data views, and curve structures.
Define and manage requirements for market prices, forward curves, fundamentals, and reference data.
Build and validate derived curves, spreads, formulas, and time-series transformations.
Monitor data quality, troubleshoot discrepancies, and coordinate issue resolution with data providers and vendors.
Develop documentation and provide training for end users on ZEMA processes and best practices.

Commodity Pricing & Forward Curve Analytics

Build, maintain, and validate forward curves for crude oil, refined products, natural gas, and NGLs.
Map market price assessments from sources such as Platts, Argus, OPIS, NYMEX, and ICE to pricing models and contracts.
Support commodity pricing methodologies, index calculations, settlement pricing, and valuation models.
Analyze curve movements and provide explanations to trading and risk teams.
Establish curve governance standards, methodologies, approval controls, and audit processes.
Support P&L reporting, mark-to-market valuation, position management, and exposure analysis.
Gather and define requirements for VaR, Greeks, credit exposure, hedging, and risk limit monitoring.
Assist trading and risk teams with data validation, valuation processes, and risk controls.

Project Delivery & Testing

Participate in ETRM/CTRM implementations, market data integrations, and reporting initiatives.
Create test plans, test cases, and lead User Acceptance Testing (UAT).
Support production deployments, go-live activities, and post-implementation support.
Maintain business documentation including process flows, business rules, and data dictionaries.
Present recommendations, findings, and project updates to senior leadership.

Required Qualifications

Bachelor's degree in Finance, Economics, Engineering, Computer Science, Information Systems, or a related field.
10+ years of Business Analysis experience.
5+ years of experience within Energy Trading, Commodity Trading, Risk Management, or ETRM environments.
Strong hands-on experience with ZEMA Analyzer (ZE PowerGroup).
Deep understanding of physical and financial commodity trading lifecycles.
5+ years of experience in oil & gas pricing, market data management, and forward curve construction.
Strong knowledge of:
WTI, Brent, Henry Hub, Mont Belvieu
Commodity benchmarks and differentials
Mark-to-Market (MTM)
P&L Attribution
VaR and Exposure Management
Advanced Excel skills including Power Query, Pivot Tables, Lookup Functions, and Data Validation.
Experience writing business requirements, user stories, process documentation, and test cases.
Excellent communication and stakeholder management skills.

Preferred Qualifications