Business Analyst (Energy Trading) at Test Yantra Software Solutions Private Limited, London, £300-£350 per day

Minimum years of experience: 13+ years
The PM has highlighted the following skills/experience as crucial for the role:

• Relevant BA experience

• Knowledge of ETRM

• Knowledge of Regulatory Reporting

• PnL, MVaR and Expo

• Experience with Data Transformation/Analytics tools

Key accountabilities:

- Business analysis in calculating daily Management Information (position and P&L) for crude/lights/distillate/assets & derivative books.
- Excellent knowledge of Physical and Derivative Deal Life Cycles across Front, Middle and Back Office for Oil, including understanding of core concepts such as P&L, Exposure and Mark to Market(MTM) reports.
- Working closely with Commodity Risk & Front office Traders for Hedging and flat price checks to ensure exposure risk is managed on all the books.
- Ability to explain Profit & Loss movement on the attribution level post End of Day(EOD) such as Amendment, Market Move, Daily Pricing etc.
- Subject Matter Expert on Credit Risk, Demurrage, Deal capture/Contracts, Profit & Loss, Exposure & Cash and Working Capital, Exchanges etc.
- Strong knowledge on FX Exposure (both Pricing and Settlements) for trades using cross currency to eliminate the risk involved in foreign exchange rate.
- Understands the Trading strategy, sources of value from any exceptional trading incidences and ensuring the trading activities are within the trading limits.
- Continuous improvement through critical evaluation of current controls and processes in ETRM domain.
- Working in an iterative Scrum/Agile environment and engage in activities such as sprint planning, daily scrums, reviews and retrospectives.
- Strong understanding of the data flows between systems upstream and downstream of the Position Manager application and associated Excel Add-in (PMWS).
- Directing efforts to ensure systems respond to urgent business requirements such as new legislation (EMIR, Dodd-Frank) and trading in new commodities (North Sea Oil, Metal, CORN etc.)
- Liaising with Pricing & Settlements team to settle accruals queries and provide detailed analytical assessments of outstanding claims / costs to trading and Bench Commodity Risk.
- Deep dive into cross-product portfolio of freight and post fixture barge claims.

Job Type: Freelance

Pay: £300.00-£350.00 per day