Full-Time
Trade Analyst – Power Lead
Confirmed live in the last 24 hours
Diversified global trading and investment leveraging technology.
Senior
Houston, TX, USA
- 7+ years of experience working in middle office functions supporting physical and financial Power or Natural Gas trading across North America with a minimum of 3+ years in power.
- Firm understanding of power infrastructure, and market dynamics including ISO operations across all ISOs.
- Firm understanding of risk, valuations and full trade life cycle related to OTC transactions, FTRs, physical power and cross commodity structures.
- Ability to communicate P&L results and drivers to key stake holders
- Strong Excel skills and ability to work with databases, SQL, APIs, and prior python coding experience are all preferred. Ability to navigate and analyze P&L across large amounts of data inclusive of trade count, forward marks, and settlements.
- Firm understanding of financial valuation concepts MTM, realized vs unrealized P&L, discounting, etc. and the full trade lifecycle for physical and financial trading
- Prior interaction with front office and senior management teams in an active trading environment a must.
- Experience and working knowledge of third party ETRMs, including implementation and maintenance (prefer Endur/OpenLink).
- Bachelor’s degree in Mathematics, Engineering, Economics, Finance, Accounting, or material equivalent exposure.
- Demonstrated ability to work independently and quickly solve problems.
- Able to handle sensitive financial data appropriately.
- Accuracy and reliability/attention to detail is a must.
- Responsible for confirming valuation, position and risk for the NA Power desks for Traders and key stakeholders, which includes detailed PnL analysis, attribution reporting, risk projection, etc.
- Primary point of contact for traders, originators and risk on position management, complex trade bookings, proposed/new trade support, valuation models and ad hoc analysis.
- Proactively become a key user and subject matter expert of the firm’s proprietary systems and applications and 3rd party ETRM for all trading activity for the Power desks. Includes an understanding of reference data, trade bookings, processes and controls to support PnL and risk reporting.
- Lead and mentor commercial trade analysts to develop the team’s overall capabilities. Make decisions to delegate tasks and responsibilities to provide accurate and timely support to the desks.
- Interact daily and coordinate with other functional departments on problem resolution and testing and implementation of new trade structures, complex deals, testing of new instruments, etc. to ensure accuracy and completeness of data requirements and supporting processes. These departments include Market Risk, Credit, Accounting, Scheduling, Financial Operations, Treasury.
- Support structured origination transactions and recommend booking methodology to ensure proper valuation and risk reporting. Work with Quantitative Research team on option models, inputs and valuation/risk results.
- Liaise with technology teams to secure proper support/coverage for ongoing operations and implement enhanced workflows, with a focus on process efficiency, risk reduction, and alignment with DRW standards.
- Work closely with Business Management and other internal teams to ensure new desks, traders, and products are onboarded timely and efficiently
- Coordinate with global commodity teams to ensure consistency of trade valuation/modeling and gain understanding of regional differences.
DRW stands out for its diversified approach to trading and investment, leveraging technology, research, and risk management across multiple asset classes and global markets. The company fosters a culture of high expectations and continuous learning, offering the dynamism of a startup with the stability of an established firm. Employees are encouraged to solve complex problems, with their efforts duly recognized and rewarded, making DRW a compelling place to work for those seeking intellectual stimulation and professional growth.
Company Stage
M&A
Total Funding
N/A
Headquarters
Chicago, Illinois
Founded
2001
6 month growth
↑ 5%1 year growth
↑ 21%2 year growth
↑ 46%Benefits
Daily catered breakfast & lunch
Massages
Social events
Gym subsidy
Flexible work arrangements
Monthly tastings
Game room
On-site yoga classes and meditation
Employee led affinity groups
Mentor/mentee outings
Trivia nights
Educational opportunities
DRW-sponsored sports teams
Poker tournament
Private mother's suite