US Trading Analyst

Houston

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full time

On Site

entry

$120k–$160k

H1B: no

Drweng The US Trading Analyst supports US Power, Environmental, and Softs trading teams across the full trade lifecycle including booking, scheduling, P&L, and settlement support. This role involves working closely with traders and engineering to improve processes and automate workflows.

Responsibilities

Our North America Energy Commercial Operations team is hiring a Junior Trade Analyst in Houston. You will support our US Power, Environmental and Softs trading and origination teams across the full trade lifecycle, from booking and physical scheduling to daily P&L and settlement support. You will work every day with traders, originators, settlements, operations, accounting and engineering, and help build the tools that make those processes faster and more reliable. This is an in-office role; supporting the daily P&L close can extend into the evening on busy days.
Produce and review daily and next-day P&L, investigate variances, and explain P&L drivers to traders and management
Book and maintain financial and physical power, environmental and structured trades in our trading system
Schedule physical power with ISOs and counterparties and confirm schedules
Support environmental products, including auctions and registry accounts, and physical softs operations, including deliveries, storage and invoicing
Support FTR trading, auctions, transfers, reconciliations and P&L checks
Partner with settlements and operations to resolve trade and invoice discrepancies
Test system changes before release and work with engineering to resolve production issues
Automate manual workflows using Python, SQL, APIs and AI tools

Qualification

Bachelor's degree in MathematicsProgramming experienceFamiliarity with mark-to-marketWhat You'll LearnHow energy trading works end to endCalifornia residents

Required

Bachelor's degree in Mathematics, Engineering, Economics, Finance, Accounting or a related field; 0 to 2 years of experience
Strong Excel skills and comfort working with large data sets
Programming experience, preferably in Python, and an interest in building tools
Exceptional accuracy and attention to detail, including with sensitive financial data
Ability to work independently and prioritize requests from many stakeholders
Clear written and verbal communication and a genuine interest in energy markets

Preferred

Coursework or experience in power markets, ISO operations, FTRs or physical power
Exposure to an ETRM system (Endur/OpenLink preferred), SQL or APIs
Familiarity with mark-to-market, realized vs. unrealized P&L and the trade lifecycle
What You'll Learn
How energy trading works end to end: valuation and risk across OTC, FTR, physical and cross-commodity positions, ISO market operations across North America, and how trading, operations and technology work together at a proprietary trading firm.
The annual base salary range for this position is $120,000 to $160,000 depending on the candidate’s experience, qualifications, and relevant skill set. The position is also eligible for an annual discretionary bonus. In addition, DRW offers a comprehensive suite of employee benefits including group medical, pharmacy, dental and vision insurance, 401k (with discretionary employer match), short and long-term disability, life and AD&D insurance, health savings accounts, and flexible spending accounts.
For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at https://drw.com/privacy-notice.
California residents, please review the California Privacy Notice for information about certain legal rights at https://drw.com/california-privacy-notice.

Benefits

Dental
Vision
401(k)
Life Insurance

Company

Drweng

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Source: greenhouse

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