Sales

HOUSTON-LOUISIANA STREET(USA)

USA

Dimensions
The Quantitative and Trading Analysis (Q&TA) team aims at providing a better understanding of the markets traded by TotalEnergies Gas and Power (TGP) in terms of prices and fundamentals, finding ways to model and forecast their dynamics and dealing with complex issues requiring a quantitative approach (pricing, hedging and simulations of complex products, transactions or assets). The Q&TA team is formed of market fundamentals experts, data scientists and quantitative researchers.
The job holder influences the global TGP trading performance and works with trading desks and other stakeholders throughout the organization to identify opportunities for leveraging data in order to help traders take positions on the market and more broadly the Company to catch new business opportunities. This requires in-depth analysis of complex and unique problems as well as creative and strategic thinking.
The holder of the position covers primarily the US power markets traded by TGPNA but will get exposure to and support projects related to all the commodities traded by TGP (including worldwide gas, LNG, electricity, emissions, dry products).
Activities

• Your missions as a Market research Analyst - US Power include:
• Develop and maintain models to analyze US power markets prices and fundamental data (generation, demand, weather impact...) and stay up to date on market structure in terms of companies, infrastructure and regulations.
• In collaboration with IT and data scientists within the team, develop and maintain analytical tools and processes to improve and automate data gathering and analysis. Monitor availability of new data sources and tools to expand the current reach of US power analytics.
• Develop and maintain predictive forecasting models using quantitative and qualitative methods. Monitor the driving forces on the markets, apply economics concepts to forecasts and price determination mechanisms and be the main point of contact for all questions and topics US power market-related on the trade floor.
• Develop an understanding of the trading desks business models and stay up to date regarding their trading positions in order to develop a market view and produce trading recommendations and price forecasts.
• Lead discussions with trading desks and/or senior management.
• Collaborate with the US gas analysts, as well as with analysts in the other regional offices to build cross-commodity/cross-geography analytics and forecasts and with quantitative analysts and data scientists within the team to leverage advanced analytical techniques.
• Carry ad hoc analysis and projects in support of traders and senior management.
• Provide written reports to global TGP trading desks and senior management, as well as to Paris headquarter, affiliates and market partners; create and update presentations on market-related topics.
• Ensure analytical support to Paris headquarter (Strategy, REN, Business Development, etc) on market-related issues.

Purposes

• Provide in-depth analysis to identify current and future drivers and behaviors of the US power market.
• Participate in the definition of the forward view of the US power market.
• Help build and communicate a global view of energy markets, enhance the Company's understanding of energy markets interactions.
• Promote TGPNA trading activities to market partners and counterparts via reports and meetings.

Context and Environment
TotalEnergies Gas and Power is the trading arm of TotalEnergies in the field of low carbon energies (mainly gas, LNG and power). As such it operates in fast-evolving market dynamics influenced by internal and external factors that require constant adaptation and evolution. Uncertainties specific to the trading environment (volatility of prices, supply & demand mismatches) are coupled with those coming from the broader energy sector (climate change policies, changes in the energy mix, developments of new energy sources, etc). In such context, Trading helps to ensure growth and profitability to a key segment of the business in order to reach the objective of Carbon Neutrality by 2050.

Candidate Profile
You are someone who possesses the following experience and credentials:

• Master’s degree in Economics, Business, Mathematics or Engineering, or undergraduate degree in these fields with equivalent experience.
• Good modelling and analytical skills with strong attention to detail demonstrated by 2 years of experience in an analytical or quantitative function.
• Basic knowledge of US power markets (ERCOT and PJM in particular), power systems dispatch and flows dynamics. Understanding of ISO operations is a plus.
• Working experience within a trading environment is preferred.
• Programming skills (SQL/R/Python), as well as familiarity with visualization frameworks (Tableau/PowerBI/etc.).
• The position requires autonomy, objectivity, innovation, to be resourceful and well organized.
• The ideal candidate should be able to explain complex issues and present them in a clear and concise manner.
• Some travel to Geneva and/or Paris may be required.

TotalEnergies regrets that it is unable to sponsor employment Visas or consider individuals on time-limited visa status for this position.

71809BR

Trading Front Office

Regular position

Less than 3 years

TotalEnergies Gas & Power North America, Inc.

Gas Renewables And Power

At TotalEnergies we know that you're more than what's on your CV. If this opportunity excites you, but your profile doesn't exactly match the description above...give it a try & apply. Diversity of perspectives & experiences make us stronger.

TotalEnergies is a multi-energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

TotalEnergies Gas and Power (TGP) is the trading arm of TotalEnergies in the field of low carbon energies (mainly gas, LNG and power). As such it operates in fast-evolving market dynamics influenced by internal and external factors that require constant adaptation and evolution. Uncertainties specific to the trading environment (volatility of prices, supply & demand mismatches) are coupled with those coming from the broader energy sector (climate change policies, changes in the energy mix, developments of new energy sources, etc). In such context TGP helps to ensure growth and profitability to a key segment of the business in order to reach the objective of Carbon Neutrality by 2050.

Our Culture:

We are committed to meet the energy needs of a growing population while fulfilling our ambition to be a major player in the energy transition. The volatility of the energy trading markets requires excellence in risk management and a culture of innovation.

Our people flourish in an environment that promotes expertise, entrepreneurship spirit, agility and a purpose-driven culture, generating boundless opportunities to learn, grow and achieve collaborative success while ensuring safety in all our operations.

We look for passion, ambition and open-mindedness. While we evolve in a demanding and ever-changing industry, we cultivate a friendly workplace where team spirit and respect guide our daily routine, and where the diversity of our people and their skills create a nourishing experience for all of us.