Middle Office Analyst, Power

Country United States / US City HOUSTON Workplace location HOUSTON-LOUISIANA STREET(USA) Employer company ATLANTIC TRADING AND MARKETING INC. Domain Finance Type of contract Regular position Experience Minimum 3 years

Context & Environment

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.

Activities

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