What are the responsibilities and job description for the Middle Office Analyst - Gas/LNG position at TotalEnergies?
Contexte et environnement
The Risk Control Analyst works in a fast‑paced trading environment where time‑sensitive, business‑critical activities require rapid analysis and quick report generation. The role is part of the Global Risk Control team, which operates across Houston, London, and Singapore. The analyst collaborates closely with Front Office, Operations, Back Office, Finance, Compliance, and Trading Systems teams, supporting a broad set of products including natural gas, NGL, shale gas, LNG, power, emissions, and dry bulk. The Middle Office calculates profits and losses and assesses the risk exposure of the gas and LNG trading desks. It oversees all aspects of market‑risk control, including risk identification, measurement, monitoring, and reporting across multiple energy‑commodity asset classes. Senior management relies on Middle Office reporting to monitor and control trading activity.
Activités
The job holder will work in the Global Risk Control department under the supervision of the Middle Office Supervisor for Gas & LNG in Houston. The role focuses on measuring, analyzing, and monitoring the P&L, exposure, and Value at Risk of the trading desks. This Houston‑based position provides oversight of both global and U.S. Gas and LNG trading activities.
As part of the Global Risk Control organization, contribute to risk‑control processes across all entities covered by the global team, with a specialization in global gas markets and LNG:
TotalEnergies valorise la diversité, promeut le développement individuel et offre des opportunités d'emploi égales à tous les candidats.
The Risk Control Analyst works in a fast‑paced trading environment where time‑sensitive, business‑critical activities require rapid analysis and quick report generation. The role is part of the Global Risk Control team, which operates across Houston, London, and Singapore. The analyst collaborates closely with Front Office, Operations, Back Office, Finance, Compliance, and Trading Systems teams, supporting a broad set of products including natural gas, NGL, shale gas, LNG, power, emissions, and dry bulk. The Middle Office calculates profits and losses and assesses the risk exposure of the gas and LNG trading desks. It oversees all aspects of market‑risk control, including risk identification, measurement, monitoring, and reporting across multiple energy‑commodity asset classes. Senior management relies on Middle Office reporting to monitor and control trading activity.
Activités
The job holder will work in the Global Risk Control department under the supervision of the Middle Office Supervisor for Gas & LNG in Houston. The role focuses on measuring, analyzing, and monitoring the P&L, exposure, and Value at Risk of the trading desks. This Houston‑based position provides oversight of both global and U.S. Gas and LNG trading activities.
As part of the Global Risk Control organization, contribute to risk‑control processes across all entities covered by the global team, with a specialization in global gas markets and LNG:
- Analyze, model, and report market risk for all trading activities. Assess and monitor physical and financial trades, transportation, storage, park‑and‑loan, and foreign‑exchange deals. Analyze mark‑to‑market valuations, risk positions, basis changes, and daily P&L results. Develop and maintain risk reporting and analytics to communicate positions, P&L, and market risk to traders and management.
- 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 the accuracy and integrity 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 against fundamentals; and recommend improvements to strengthen valuation and risk measurement. Communicate effectively with Front Office, Operations, Back Office, and Finance teams regarding inputs and assumptions.
- Work closely with traders to quantify and explain the sources of risk in their portfolios.
- 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 adherence to policies and limits.
- Coordinate with Compliance to ensure all regulatory requirements are met.
- Support, identify, and assist in implementing process improvements, including system testing, system enhancements, and desk‑level workflow optimization.
- Identify and communicate operational risks, and help define appropriate mitigation measures and priorities.
- Compliance with internal trading limits.
- Accurate and independent analysis, valuation, and reporting of risk positions and trading results.
- Internal and external regulatory compliance.
- Degree in economics, finance, business, mathematics, or another quantitative discipline.
- Strong understanding of risk‑management methodologies and valuation models, preferably within commodity markets.
- 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.
TotalEnergies valorise la diversité, promeut le développement individuel et offre des opportunités d'emploi égales à tous les candidats.