Market Research Analyst

TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations.

We are committed to meet the energy needs of a growing population and we are committed to the energy transition. The volatility of the energy trading markets requires excellence in risk management and a culture of innovation. We are fully embracing the digital revolution.

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. Reinforcing the competencies of our people is a key pillar of our culture: we train our people to ensure their development and we pledge to encourage safety in all our actions. We look for passion, ambition and open-mindedness. While we evolve in a demanding industry that requests to be always on the edge, we cultivate a friendly workplace where our people feel good, where team spirit and respect guide our daily routine, where the diversity of our people and their skills create a nourishing experience for all of us.

TotalEnergies has developed a strong expertise in oil and biofuels, natural gas and electricity trading. Trading entities are based in Geneva, Paris, Houston and Singapore. TotalEnergies installed its European trading hub across in Geneva, which now brings together very large teams around trading activities: TotalEnergies Trading & Shipping (T&S) and TotalEnergies Gas and Power (TGP). TotalEnergies Gas and Power (TGP) is the trading arm of TotalEnergies in the field of low carbon energies. 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.

Are you looking to grow your career in the vibrant world of energy trading? Do you have a solid analytical background coupled with knowledge of commodities markets particularly LNG? If yes, we would love to see your profile as we are looking to hire our Market Research Analyst – LNG.

The Quantitative and Trading Analysis (Q&TA) team at TotalEnergies Gas and Power (TGP) focuses on providing a comprehensive understanding of the markets traded by TGP, including prices and fundamentals. The team aims to model and forecast market dynamics and address complex issues that require a quantitative approach, such as pricing, hedging, and simulations of complex products, transactions, or assets.

Comprised of market fundamentals experts, data scientists, quantitative researchers, and meteorologists, the Q&TA team operates with great autonomy. They contribute interpretation, advisory, and support to all TGP trading desks and senior management, including COMEX members, helping them define trading strategies and make investment decisions.

You will play a crucial role in influencing the global TGP trading performance. They collaborate with trading desks and other stakeholders throughout the organization to identify opportunities for leveraging data, assisting traders in taking market positions, and helping the company seize new business opportunities. This role requires in-depth analysis of complex and unique problems, as well as creative and strategic thinking.

Primarily covering the LNG markets, the position holder will also gain exposure to and support projects related to all commodities traded by TGP.

You will find below your key responsibilities:

• Help maintaining forecast LNG balances, using quantitative and qualitative methods. Monitor the driving forces on the markets and collaborate to the development of a framework to produce price targets.
• Build and maintain models to analyse LNG market prices and fundamental data (supply, demand, flows, outages detection, etc) and stay up to date on market structure in terms of companies, infrastructure and regulation.
• In collaboration with data scientists within the team and IT, 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 the LNG analytics.
• 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 support traders defining trading strategies.
• Collaborate with the regional power and gas analysts to build cross-commodity analytics and forecasts and with quantitative analysts and data scientists within the team to leverage advanced analytical techniques.
• Provide written reports to global TGP trading desks and senior management, as well as to Paris headquarters, affiliates and market partners; create and update presentations on market-related topics.
• Ensure analytical support to Paris headquarters (Strategy, E&P, REN, Business Development, etc) on market-related issues.
• You hold a Master’s degree in Economics, Business, Mathematics or Engineering.
• You have good modelling and analytical skills with strong attention to detail demonstrated by a minimum of 2 years of experience in an analytical or quantitative function.
• You have a basic knowledge of the LNG market or an understanding of the LNG infrastructure and physical flows.
• Previous working experience within a trading environment is strongly preferred.
• Programming skills (Python), as well as familiarity with visualization frameworks (Tableau/PowerBI/etc.), would be an advantage.
• Fluent in English (oral and written) – knowledge of French is an advantage.
• The position requires autonomy, objectivity, innovation, to be resourceful and well organised.
• The ideal candidate should be able to explain complex issues and present them in a clear and concise manner. He/she should demonstrate openness when their ideas are challenged, and bring a proactive approach.

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.