About the job
Contexte et environnement
The Risk Control Analyst operates in a fast‑paced, dynamic trading environment where time‑sensitive, business‑critical activities require rapid analysis and immediate report generation. As part of the Global Risk Control team spanning Houston, Geneva, and Singapore, the analyst works closely with Front Office, Operations, Back Office, Finance, Compliance, and Trading Systems teams across a wide range of products, including natural gas, NGL, LPG, shale gas, LNG, power, emissions, and dry bulk. The Middle Office is responsible for calculating profits and losses and managing the trading department’s risk, encompassing risk identification, measurement, monitoring, and reporting across multiple energy‑commodity asset classes. Senior management within the Gas branch relies on Middle Office reporting to oversee and control trading activity.
Activités
The job holder will work within the Global Risk Control department under the supervision of the Middle Office Supervisor – Power in Houston, focusing on measuring, analyzing, and monitoring the P&L, exposure, and Value at Risk of the trading desks. This position is based in Houston with oversight of both global and U.S. energy markets. The role is responsible for ensuring full compliance with internal trading limits while providing accurate, independent analysis, valuation, and reporting of risk positions and trading results. It also supports external regulatory compliance by maintaining transparent, reliable controls and documentation across all relevant activities.
As part of the Global Risk Control Organization, activities involve contributing to any Risk Control process of the entities covered by the Global team:
- Analyze, model, and report market risk for all trading activities. Assess and monitor physical and financial trades across ISO markets (ERCOT, CAISO, PJM, MISO, SPP) and exchange‑traded deals. Develop and maintain risk reporting and analytics to communicate positions, P&L, and market risk to traders and management.
- Analyze forward pricing trends and congestion patterns across different ISOs.
- Apply a strong understanding of power‑market fundamentals, including LMPs, congestion, hedging, load, and generation.
- Coordinate and review deal and price data in the trading system by performing deal checks, price validation, curve updates, and data reconciliation. Monitor timely deal capture, internal trading limits, and risk‑policy requirements to ensure data integrity and representativeness of transactions.
- Provide critical insight into risk‑reporting processes, exposure quantification, and forward price‑movement analysis for TGPNA’s multi‑product trading activities. Maintain, enhance, and review risk models; test new risk calculations; evaluate model assumptions; and recommend improvements to strengthen valuation and risk quantification. Communicate effectively with Front Office, Operations, Back Office, and Finance on inputs and assumptions.
- Work closely with Traders to quantify and explain portfolio risk drivers.
- Contribute to senior‑management reporting on trading results and positions.
- Collaborate with Back Office, Finance, Credit, Legal & Compliance, and Business Unit Control to ensure strong controls, operational efficiency, and policy/limit compliance.
- Coordinate with Compliance to ensure regulatory requirements are met.
- Support, identify, and assist in implementing process improvements, from system testing and implementation to desk‑level enhancements.
- Improve reporting tools and processes using Excel, SQL, Python, and BI platforms.
- Identify and communicate operational risks, and help define risk‑mitigation measures and priorities.
Profil du candidat
- Degree in economics, finance, business, mathematics, or another quantitative discipline.
- Solid understanding of risk‑management methodologies and valuation models.
- High levels of numeracy and computer literacy.
- Strong accuracy and efficiency when working under deadlines.
- Excellent analytical and problem‑solving skills.
- Flexibility regarding working hours in a fast‑paced environment.
- Strong interpersonal skills and ability to work effectively with diverse teams.
- Informations supplémentaires
TotalEnergies valorise la diversité, promeut le développement individuel et offre des opportunités d’emploi égales à tous les candidats.
