Business Analyst - ETRM

Location: Houston, TX - On-site (3-4 days per week)
Duration: 12+ months | Long-term

iSphere is looking for a sharp, inquisitive Business Analyst with hands-on experience in Energy Trading and Risk Management (ETRM) platforms to join a growing Houston-based trading operation. This role sits at the intersection of technology, trading, and operations perfect for someone who loves connecting the dots between systems, data, and business needs.

You ll collaborate closely with traders, schedulers, risk teams, and developers to make sure the systems driving power and gas trading are rock-solid, efficient, and evolving with the market.

What You ll Be Doing

• Partner with front, middle, and back-office users to analyze trading and risk workflows, document business requirements, and translate them into actionable system configurations.

• Configure and maintain in house or other ETRM applications to support trade capture, pricing, settlements, and risk analytics.

• Ensure seamless data flow and operational efficiency across the entire trade lifecycle.

• Collaborate with developers and QA teams to test and deploy new features, ensuring business alignment and technical precision.

• Conduct gap analyses and recommend smart, scalable solutions for process improvement.

• Produce clear and detailed documentation from functional specs to configuration notes and training materials.

• Provide hands-on production support, troubleshoot issues, and keep communication flowing between technology and the trading floor.

• Stay on top of energy market trends, compliance standards, and platform updates.

What You Bring

• 8-10 years of experience as a Business Analyst in Power and/or Natural Gas trading environments.

• Hands-on expertise in ETRM platforms (Endur, Allegro, Openlink, etc.).

• Strong configuration, analytical, and troubleshooting skills.

• Experience in at least one trade lifecycle area (front, middle, or back office) and the curiosity to dive into the others.

• Excellent communication and stakeholder management skills you can talk shop with traders, translate for developers, and keep everyone aligned.

• Deep understanding of trading, risk, and settlements workflows.

Bonus Points For

• Familiarity with ISO/RTO markets (ERCOT, PJM, MISO, CAISO).

• Understanding of physical and financial power/gas products including futures, swaps, and options.

• Experience with risk analysis concepts (VaR, P&L, Greeks).

• Working knowledge of SQL or scripting for data validation and problem-solving.

• Exposure to Agile methodologies and sprint-based delivery.

Who You Are

You re analytical but practical, confident but collaborative. You ask the right questions, follow the details, and love finding elegant solutions in complex systems. You don t just support technology you make it work better for the people who depend on it.

Why iSphere?

For over 25 years, iSphere has connected exceptional professionals with projects that actually matter the kind that challenge your skills and reward your curiosity. We take our work seriously, but not ourselves. You ll join a team that values your voice, respects your time, and celebrates your wins.

If you re ready to make an impact in the energy trading space and enjoy working alongside people who value insight, integrity, and a little humor, we d love to meet you.