Business Analyst – Energy Trading (Gas & Power)

Licensed sponsor London Contract Posted 1 hour ago

About Us

Solytics Partners is a Global Analytics firm, recognized with multiple industry awards for innovation and excellence. Our team comprises experts with deep domain knowledge in risk, analytics, AI/ML, AML/FCC, and fraud. By converging this expertise with cutting-edge technologies like AI, Machine Learning, Generative AI, and Large Language Models (LLMs), we deliver powerful automated platforms and incisive point solutions.

Our offerings enable clients to streamline and future-proof their risk, AML, and analytics processes, comply seamlessly with global regulations, and safeguard financial systems. Whether it’s solving complex challenges or driving operational efficiency, Solytics Partners is committed to empowering organizations with transformative tools to stay ahead in an evolving regulatory landscape.

Job Summary

We are looking for an experienced Business Analyst with strong commodities trading domain knowledge, preferably in Energy trading, covering Gas, Power, LNG, and Environmental products.

The role involves working closely with business and technology stakeholders across Front Office, Middle Office, Trade Support, Operations, Risk, Compliance, and Engineering teams to translate business requirements into functional solutions. The ideal candidate will have a strong understanding of the physical and derivatives trading lifecycle, trade operations, system integrations, and regulatory processes within energy markets.

You will contribute to strategic and tactical technology initiatives, drive requirements analysis, support solution design, and ensure effective delivery of business-critical trading applications and platforms.

Key Responsibilities:

1. Business Analysis & Delivery

Engage with business and technology stakeholders to understand business objectives, gather requirements, and identify process improvement opportunities.
Conduct workshops, stakeholder interviews, process walkthroughs, and data analysis to elicit and validate requirements.
Translate business needs into detailed user stories, functional specifications, process flows, and acceptance criteria.
Facilitate functional design discussions across applications, platforms, and integration points.
Manage and prioritise requirements and backlogs in alignment with business priorities.
Collaborate with development, architecture, and product teams throughout the software development lifecycle (SDLC).
Participate in Agile ceremonies, including sprint planning, backlog refinement, daily stand-ups, sprint reviews, and retrospectives.
Coordinate System Integration Testing (SIT) and User Acceptance Testing (UAT), including test scenario preparation, defect triage, and production validation.
Support user training, knowledge transfer, and implementation activities.

2. Energy Trading & Middle Office Domain

Demonstrate a strong understanding of the Gas and Power trading lifecycle across physical and derivatives products.
Support business processes involving trade capture, scheduling, nominations, confirmations, settlements, invoicing, and trade lifecycle events.
Understand exchange-traded and over-the-counter (OTC) products, including futures, swaps, options, and spot transactions.
Analyse trade flows from exchanges and brokers into Energy Trading and Risk Management (ETRM) systems.
Understand Power market concepts such as pricing nodes, balancing, congestion, hourly trading, and settlements.
Support reconciliations across exchanges, brokers, counterparties, and downstream operational systems.
Analyse straight-through processing (STP) workflows, exceptions, and operational controls.
Contribute to regulatory reporting initiatives involving frameworks such as REMIT and EMIR.
Support system integrations across trading platforms, ETRM applications, market data providers, and downstream reporting systems.
Participate in exchange onboarding, market connectivity, and trading platform enhancement initiatives.
Leverage knowledge of market data and pricing services used in Energy trading environments.

3. Strategic & Technical Collaboration

Contribute to platform roadmaps, business transformation initiatives, and technology enhancement projects.
Collaborate with architects and engineering teams on solution design and scalable application development.
Understand data lineage, system interfaces, dependencies, and integration flows across Middle Office applications.
Support vendor assessments, solution evaluations, and implementation initiatives as required.
Contribute to business analysis standards, documentation practices, governance, and continuous improvement initiatives.

Key Requirements:

Functional & Domain Expertise

Strong experience in commodities trading or financial markets, preferably within Energy trading.
Good understanding of Gas, Power, LNG, and Environmental products.
Experience with physical and derivatives trading workflows and the end-to-end trade lifecycle.
Knowledge of OTC and exchange-traded products, trade operations, confirmations, settlements, and reconciliations.
Familiarity with regulatory reporting, operational controls, and compliance processes.
Exposure to market surveillance, market abuse monitoring, or compliance-related initiatives will be an advantage.

Business Analysis & Stakeholder Management

Minimum 7 years of Business Analysis experience within commodities trading or financial markets.
Proven experience delivering complex, cross-functional business and technology initiatives.
Strong requirements elicitation, process modelling, functional documentation, and analytical skills.
Ability to manage stakeholders across business, technology, operations, and external vendor teams.
Excellent communication, presentation, and stakeholder management skills, including engagement with senior stakeholders.
Ability to challenge requirements constructively, resolve ambiguity, and drive consensus.
Experience working with Agile/Scrum delivery methodologies.
Strong planning, prioritisation, and organisational skills.

Technical & Data Skills

Understanding of system integrations, APIs, interfaces, and event-driven architectures.
Experience with SQL or other data querying and analysis tools.
Familiarity with Jira, Confluence, and Agile delivery tools.
Understanding of data flows, reconciliations, and operational controls.
Exposure to cloud technologies, data platforms, or analytics solutions is desirable.

Education & Certifications

Bachelor's degree or equivalent industry experience.
Certifications such as CBAP, IIBA, ISEB, or Agile certifications are desirable but not mandatory.
Experience supporting global, multi-region projects and working with both bespoke applications and vendor-based platforms is preferred.