At INEOS Energy, we produce and trade oil, gas, liquefied natural gas (LNG), and carbon credits. This is supported by our investments in low-carbon technologies, which will help sustain our business through the energy transition. Direct examples of these areas are ‘Project Greensand’, our pioneering carbon storage project in the Danish North Sea, and our investment in HydrogenOne Capital.
INEOS Energy Trading operates as the single face to the Gas, LNG, Power, Carbon, and Crude Oil commodity markets for INEOS. Our core mission is to fully monetise INEOS Energy’s equity Oil and Gas production across Europe and the US. Beyond this, the Trading and Business Development teams are tasked with originating and developing third-party physical business.
We also support the wider INEOS group by leveraging our carbon trading capabilities and supplying LNG, Gas, and Power to INEOS’ industrial base.
Our team is on an exciting journey, and we anticipate continued growth across both new commodities and geographies, as the business evolves to support INEOS Energy’s expanding global footprint.
The Trade Control Analyst plays a critical role in ensuring the integrity, accuracy, and control of trading activity across physical and financial products. This position acts as the link between Front Office (Trading), Market Risk, Operations, and Finance, ensuring that all trades are accurately captured, validated, and reported within the company’s ETRM system (Horizon),
The successful candidate will support deal validation, have a great understanding of exposure, P&L reporting, and ensure compliance with internal control standards. Identifying Risk factors and communicating them effectively to Front Office and management.
- Validate and confirm new trades and amendments entered by Front Office/Operations for accuracy, completeness, and compliance with trading policies.
- Ensure that appropriate Forward Curves and Benchmarks are applied before valuation and P&L generation.
- Strong understanding of US energy products and their market exposures, including pricing structures, benchmarks, and associated risks.
- Collaborate with Market Risk and Trading to resolve discrepancies and align on valuation methodologies.
- Maintain audit trails for all deal confirmations and curve validations.
- Review daily P&L movements and reconcile with Front Office expectations.
- Investigate and explain P&L variances related to pricing, curves, or trade entry errors.
- Support month-end valuation, accruals, and reporting processes.
- Ensure all deals are correctly booked in Horizon.
- Support trade lifecycle management, from deal entry through settlement.
- Assist in system testing and implementation of new products or functionality.
- Enforce trading and control procedures to maintain data integrity and transparency.
- Participate in control reviews and audit processes.
- Support continuous improvement initiatives for trade capture and valuation workflows.
- Ability to remain independent and objective regarding trader expectations
- Bachelor’s degree in finance, Economics, Accounting, Engineering, or a related field.
- Minimum 5 years of experience in Trade Control, Middle Office, or Risk within commodities or energy trading.
- Strong understanding of trade lifecycle, mark-to-market valuation, and Forward Curve concepts.
- Experience with ETRM systems (preferably Horizon) and Excel/Power BI.
- Strong analytical, problem-solving, and communication skills.
- Critical/ Conceptual thinking: grasping key issues and implementing practical solutions.
- Driven and independent professional who consistently takes initiative and performs effectively without close supervision.
- Experience in US physical commodities (preferably oil).
- Knowledge of US energy markets and associated benchmarks.
- Familiarity with P&L reporting and risk metrics (delta, VaR, exposures).
- Detail-oriented with a strong sense of ownership and accountability.
- Able to manage multiple priorities in a fast-paced environment.
- Collaborative mindset and strong stakeholder with management skills.
- Proactive approach to identifying and resolving process gaps.
- Excellent communication and interpersonal skills
- Team player, proactive attitude
- Work Location: Houston, TX
- Travel as needed.
- INEOS is a drug free workplace. All offers to successful candidates will be subject to successful background check and drug screen.
Preferential treatment will be granted to candidates residing in the Houston metropolitan area.
INEOS Energy Petroleum USA Inc. is not currently sponsoring employment visas for this position.
INEOS Energy Trading offers a competitive compensation and benefits package. This role will be exempt, and compensation includes both an annual salary and incentive compensation schemes. The benefits package includes healthcare, dental, and vision insurance for employees and eligible dependents. INEOS also offers several other wellness, financial, and work/lifestyle-specific benefits. 401(k) retirement has both an automatic 6% company contribution and a match of up to an additional 6% of eligible compensation. We offer generous paid time off that includes both sick and vacation which is based on and increases, with industry experience.
Note:
This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position.
INEOS does not accept unsolicited resumes from recruiters, employment agencies, or other staffing services. Unsolicited resumes include any resume or hiring document sent to INEOS in the absence of a signed Service Agreement where INEOS has expressly requested recruitment/staffing services specific to the position at hand. Any unsolicited resumes, including those submitted to hiring managers or other business leaders, will become the property of INEOS and INEOS will have the right to hire that candidate without reservation - no fee or other compensation will be owed or paid to the recruiter, employment agency, or other staffing service.