Business Analyst Back Office - ETRM

As the founding entity of RAINBOW PARTNERS, Quanteam is a consulting firm specialized in Banking, Finance, and Financial Services. Through our core human values – proximity, teamwork, diversity, excellence – our 1000 expert consultants, hailing from 35 different nationalities, collaborate across 13 international offices:
Paris, Lyon, New York, Montreal, London, Brussels, Luxembourg, Geneva, Lisbon, Porto, Casablanca, Madrid and Singapore.

We are seeking a Back Office Business Analyst to support a large-scale ETRM implementation within an Energy Trading environment.

This role focuses on defining and deploying Back Office processes and controls across the full post-trade lifecycle, ensuring accurate settlement, confirmations, invoicing, accounting readiness, and exchange/regulatory alignment.

The Business Analyst will act as a key bridge between Operations, Accounting/Finance, Middle Office, Risk, IT, and the ETRM vendor/integration teams to deliver a robust and scalable operating model.

• Gather and document Back Office business requirements for the ETRM implementation (workshops, process mapping, gap analysis).
• Translate operational workflows into functional specifications, user stories, and test scenarios.
• Define the target operating model for Back Office in the ETRM: controls, reconciliation points, and handoffs with FO/MO.

Own and support requirements across core Back Office components including:

• Trade confirmations (physical & financial)
• Netting & settlement workflows (cash settlement, commodity settlement)
• Payments & cash application
• Inventory movements / title transfers (if in scope)
• Reconciliations (positions, cash, inventory, fees, broker statements)
• Accounting integration (GL mapping, accruals, realized/unrealized, month-end close readiness)
• Reporting for Operations / Finance

Support exchange-traded derivatives workflows and ensure accurate processing for:

• CME Group (CME / NYMEX / COMEX as relevant)
• Other clearing venues / brokers / clearing members where applicable
• Define and validate functional flows for:
• Clearing & give-up agreements
• Margin & collateral impacts (interfaces / reporting)
• Broker statements processing & reconciliation
• Fees (exchange fees, clearing fees, broker commissions)

Work with IT and integration teams on connectivity with critical upstream/downstream systems:

• Pricing and market data sources
• Accounting / ERP systems
• Document management tools
• Data warehouses / reporting solutions
• Validate mapping rules and exception handling for operational stability.

• Strong experience as a Business Analyst on ETRM/CTRM implementations
  , with a clear focus on Back Office workflows
  .
• Solid understanding of commodities trading operations and post-trade lifecycle.
• Proven exposure to exchange-traded derivatives processing (ICE, CME, brokers/clearing).
• Strong experience writing functional specifications, process flows, and test cases.
• Excellent communication skills and ability to coordinate cross-functional teams.

• Knowledge of physical commodities operations (power/gas scheduling, pipeline, storage, nominations) depending on product scope.
• Understanding of accounting concepts: accruals, realized vs unrealized P&L, GL mapping, close cycles.
• SQL /U n certain contexts / data analysis skills.