Principal IT Business Systems Analyst

Position Specific Description

Next Era Energy Resources is seeking a highly skilled Principal Business Systems Analyst to join our Information Technology organization supporting our Trading & Risk Management (TRM) business. In this role, you will partner closely with mid-office stakeholders to enhance the systems that power our energy trading operations. You will play a critical role in shaping technology solutions that improve credit exposure, collateral management, daily margining, and regulatory reporting across a diverse portfolio of commodities.

This position is ideal for someone who thrives at the intersection of business strategy and technical execution, and who understands the fast-paced, detail driven nature of energy trading.

• Serve as the primary liaison between TRM business users and IT delivery teams.
• Lead requirements gathering sessions with credit, collateral, and compliance stakeholders.
• Translate complex business needs into clear, actionable functional and technical requirements.
• Evaluate and document current-state processes; design future-state workflows that improve efficiency, accuracy, and control.

• Support and enhance trading and risk platforms (e.g., ETRM systems, reporting platforms).
• Analyze system behavior, data flows, and integration points across trade capture, scheduling, settlements, and risk.
• Partner with architects and developers to design scalable, resilient solutions aligned with enterprise standards.
• Create functional specifications, data mapping documents, and interface requirements.

• Lead multi team, multi system initiatives from concept through deployment, ensuring alignment with enterprise priorities.
• Drive requirements definition, solution design, testing strategy, and implementation planning for complex TRM enhancements.
• Mentor and guide other analysts, promoting best practices in analysis, documentation, and stakeholder engagement.
• Communicate program status, risks, and impacts to executive stakeholders with clarity and confidence

• Provide senior level oversight for production support of mid office applications, ensuring stability and timely issue resolution.
• Conduct deep dive investigations into discrepancies, data anomalies, and risk calculation issues.
• Identify and champion opportunities to automate manual processes, reduce operational risk, and enhance system performance.
• Stay ahead of industry trends in energy trading, risk analytics, and regulatory developments to inform future strategy.

• Bachelor’s degree in Information Systems, Finance, Engineering, Mathematics, or related field; advanced degree preferred.
• 8–12+ years of experience in business systems analysis with significant exposure to mid office or risk functions in energy trading, commodities, or financial markets preferred.
• Experience with cloud architectures, APIs, microservices, and modern data platforms.
• Strong command of SQL, data modeling, and complex system integration patterns.
• Proven ability to lead cross functional initiatives and influence senior stakeholders.
• Exceptional communication skills with the ability to simplify complex concepts for diverse audiences.
• Strong understanding of mid office processes: credit exposure, collateral management, compliance, SOX regulations, credit ratings, deal confirmations, counter party management.
• Extensive experience with ETRM/CTRM platforms (e.g., Endur, Allegro, Right Angle, FIS, or similar).
• Prior leadership or mentorship experience within an IT or risk organization.
• Agile program leadership experience.

This job analyzes business processes and practices and identifies technology opportunities. Employees in this job design and implement information technology solutions to meet customer needs and business goals and strategies.

• Demonstrates a strong familiarity with business processes that are in their area of business focus
• Establishes and manages effective customer relationships with users of business, financial and operations systems, as…