Risk Control Analyst - Gas/LNG
TotalEnergies
Risk Control Analyst - Gas/LNG
- Country
- United States / US
- City
- HOUSTON
- Workplace location
- HOUSTON-LOUISIANA STREET(USA)
- Employer company
- TotalEnergies Gas & Power North America, Inc.
- Domain
- Finance
- Type of contract
- Regular position
- Experience
- Minimum 3 years
Context & Environment
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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.
Activities
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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.
Key Responsibilities:
- Compliance with internal trading limits.
- Accurate and independent analysis, valuation, and reporting of risk positions and trading results.
- Internal and external regulatory compliance.
Candidate Profile
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- 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.
Additional Information
- TotalEnergies values diversity, promotes individual growth and offers equal opportunity careers.
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What We Offer
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 celebrates diversity and is committed to Equal Employment Opportunity:
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, protected veteran status, disability status or any other category protected under applicable federal, state or local law. We are also committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures.
All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs.
TotalEnergies believes that diversity and inclusion among our teammates is critical to our success as a global company, and we seek to recruit, develop, and retain the most talented people from a diverse candidate pool.
About the company:
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.
Please note: TotalEnergies is unable to sponsor employment visas or consider candidates on time-limited visa status for this position.
Ready to Power the Future of Energy Trading?
Apply now and be part of a team that’s shaping the future of low-carbon energy.