Market Researcher - US Natural Gas

Contexte et environnement

TotalEnergies Gas and Power serves as the trading arm of TotalEnergies in the field of low‑carbon energies, primarily gas, LNG, and power. The business operates within fast‑evolving market dynamics shaped by both internal and external factors, requiring constant adaptation and innovation.

The trading environment is characterized by uncertainties such as price volatility and supply‑demand imbalances, compounded by broader energy sector challenges including climate change policies, shifts in the energy mix, and the emergence of new energy sources. Within this context, Trading plays a critical role in driving growth and profitability across a key segment of the business, supporting TotalEnergies’ overarching objective of achieving carbon neutrality by 2050.

Activités

The role involves providing in‑depth analysis to identify current and future drivers and behaviors of the U.S. gas market, as well as offering proactive advisory views to relevant trading desks and management. In addition, the position contributes to building and communicating a global perspective on energy markets, enhancing the company’s understanding of market interactions. The jobholder also promotes TGP’s trading activities to market partners and counterparties through reports, meetings, and participation in external conferences and events.

- Purpose: This role sits within the Modelling and Analysis for Trading Strategy (MATS) department, which is responsible for the end‑to‑end design and development of advanced quantitative models, cutting‑edge analytical and AI tools, and research initiatives that optimize trading decisions across all TGP trading desks. Positioned at the strategic intersection of Trading, Risk Management, and IT, the department ensures agility, robustness, and continuous innovation in the algorithms driving TGP’s market strategy.

- Objectives: The position will primarily focus on the U.S. gas markets traded by TGPNA, while also providing exposure to and support for projects across the full range of commodities traded by TGP—including global gas, LNG, electricity, emissions, and dry products.

- Impact: This role has a direct influence on TGP’s trading performance, contributing to long‑term P&L growth through scalable, reusable, and intelligent solutions. Success in this position requires strong technical expertise, critical thinking, and a collaborative team spirit.

- Location: Houston, Texas.

Key Responsibilities

- Develop and maintain models to analyze U.S. gas market prices and fundamental data (supply, demand, storage, weather impacts, etc.), while staying current on market structures, companies, infrastructure, and regulations.

- Collaborate with IT and data scientists to design and maintain analytical tools and processes that enhance and automate data gathering and analysis; monitor new data sources and tools to expand the scope of U.S. gas analytics.

- Build and refine predictive forecasting models using both quantitative and qualitative methods; track market drivers, apply economic concepts to forecasts and price mechanisms, and serve as the primary point of contact for U.S. gas market fundamentals on the trading floor.

- Monitor pipeline inflows and outflows from key regions and maintain associated regional balances.

- Maintain a strong understanding of trading desk business models and current positions to develop market views, trading recommendations, and price forecasts.

- Lead discussions with trading desks and senior management on forward views of the U.S. gas market.

- Collaborate with U.S. power teams and analysts in other regional offices to develop cross‑commodity and cross‑geography analytics and forecasts; work closely with quantitative analysts and data scientists to leverage advanced analytical techniques.

- Conduct ad hoc analyses and projects in support of traders and senior management.

- Prepare written reports for global TGP trading desks, senior management, Paris headquarters, affiliates, and market partners; create and update presentations on market‑related topics.

- Provide analytical support to Paris headquarters (Strategy, E&P, Business Development, etc.) on market‑related issues.

- Assist in the training and development of junior market analysts.

Profil du candidat

- Postgraduate degree in Economics, Business, Mathematics, or Engineering; or an undergraduate degree in these fields with equivalent experience

- 3–4+ years of proven experience in an analytical or quantitative role, demonstrating excellent modeling and analytical skills with strong attention to detail

- Solid knowledge of the U.S. gas market, including infrastructure, physical natural gas flows, and an understanding of production economics and market dynamics

- Prior experience working within a trading environment is required

- Strong programming skills (SQL, R, Python) and familiarity with data visualization tools such as Tableau or Power BI are highly preferred

- Ability to clearly explain complex issues and present information in a concise, accessible manner

Informations supplémentaires

TotalEnergies valorise la diversité, promeut le développement individuel et offre des opportunités d'emploi égales à tous les candidats.