Trading Analyst

Novum Energy; Houston (TX); On-site; USD 90,000 - 150,000; Full time

Job summary

Novum Energy is seeking a skilled Trading Analyst to manage deals across products from provisional to final, allocate transactions to strategies, and analyze P&L exposures. You will monitor costs, capture market risk, and explain P&L movements daily to traders.

The role requires 3+ years in trading analytics, strong Excel and programming capabilities (Python/R/VBA/SQL/C++), and experience with Allegro or similar risk systems. Flexibility to work outside standard hours is expected.

Qualifications

• Bachelor’s Degree required, preferably in Finance, Mathematics, Accounting, Economics, Business Administration, or other energy-related fields.
• Minimum 3 years of experience in a trading analytical role.
• Comprehensive understanding of trading models and trading strategies and exposures that arise out of them.
• Cross-product or Multiple Region experience is beneficial.
• Expertise in Trading and Risk Management System (Allegro preferred).
• Advanced excel/coding skills: Python, R, VBA, SQL, C++
• Database querying and data management skills.
• Must have excellent presentation and interpersonal skills to interface with all levels of management.
• Ability to work independently and without supervision, ensuring deadlines are strictly adhered to in a fast-paced environment.
• High level of confidentiality and professionalism.
• Excellent written and verbal communication skills.
• Strong organizational skills, attention to detail and ability to demonstrate problem-solving skills.
• Strong knowledge of Microsoft Office Suite (Word, Excel, Outlook, PowerPoint, and Teams).
• Ability to work flexible hours when needed; this includes after business hours, weekends, and holidays.

Responsibilities

• Deal management for multiple products, from provisional through final actualization.
• Allocate all physical and financial transactions to appropriate trade strategy.
• Analyze exposure and mark-to-market profit and loss on physical and financial positions.
• Monitor all costs associated with physical trades and report discrepancies between provisioned and actual values.
• Ensure all market price risk is captured and hedge actions executed in line with trade strategies.
• Apply forward curve on daily basis for physical and derivative markets to current position and to explain the impact on the trading P&L.
• Produce daily commentary for traders to explain the change in the trading profit/loss due to market changes for each deal.
• Provide analytical support and expertise to identify possible trading opportunities, generate trade strategies and identify market and pricing trends.
• Develop models and dashboards to help understand, forecast, and visualize supply/demand balances.
• Take initiative to continuously improve existing processes, tools, and models with the aim of improving overall performance and reliability.
• Perform additional duties as assigned.

Skills

Python

R

VBA

SQL

C++

Education

Bachelor's Degree

Tools

Allegro

Excel

Job description

• Deal management for multiple products, from provisional through final actualization.
• Allocate all physical and financial transactions to appropriate trade strategy.
• Analyze exposure and mark-to-market profit and loss on physical and financial positions.
• Monitor all costs associated with physical trades and report discrepancies between provisioned and actual values.
• Ensure all market price risk is captured and hedge actions executed in line with trade strategies.
• Apply forward curve on daily basis for physical and derivative markets to current position and to explain the impact on the trading P&L.
• Produce daily commentary for traders to explain the change in the trading profit/loss due to market changes for each deal.
• Provide analytical support and expertise to identify possible trading opportunities, generate trade strategies and identify market and pricing trends.
• Develop models and dashboards to help understand, forecast, and visualize supply/demand balances.
• Take initiative to continuously improve existing processes, tools, and models with the aim of improving overall performance and reliability.
• Perform additional duties as assigned.

Job Skills & Qualifications:

• Bachelor’s Degree required, preferably in Finance, Mathematics, Accounting, Economics, Business Administration, or other energy-related fields.
• Minimum 3 years of experience in a trading analytical role.
• Comprehensive understanding of trading models and trading strategies and exposures that arise out of them.
• Cross-product or Multiple Region experience is beneficial.
• Expertise in Trading and Risk Management System (Allegro preferred).
• Advanced excel/coding skills: Python, R, VBA, SQL, C++
• Database querying and data management skills.
• Must have excellent presentation and interpersonal skills to interface with all levels of management.
• Ability to work independently and without supervision, ensuring deadlines are strictly adhered to in a fast-paced environment.
• High level of confidentiality and professionalism.
• Excellent written and verbal communication skills.
• Strong organizational skills, attention to detail and ability to demonstrate problem-solving skills.
• Strong knowledge of Microsoft Office Suite (Word, Excel, Outlook, PowerPoint, and Teams).
• Ability to work flexible hours when needed; this includes after business hours, weekends, and holidays.