Business Analyst - Commodities / Openlink Endur
DRW
Houston, TX · Posted November 3, 2026
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About the job
DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk.
Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets.
We operate with respect, curiosity and open minds. The people who thrive here share our belief that it’s not just what we do that matters–it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.
About the Role
We are looking for an experienced business analyst to join the Unified Platform - Commodities team. In this role, you will leverage deep Openlink Endur ETRM expertise to support and improve systems that underpin our commodities trading business, with a focus on physical energy trading across natural gas and power.
You will serve as a bridge between trading desks, operations teams, and software engineers — providing production support, translating business needs into technical requirements, and ensuring seamless daily operations across Endur and related systems.
What You’ll Do
Provide first-level production support for Openlink Endur, resolving complex issues and ensuring system availability
Support deal modeling, deal lifecycle management, and product configuration
Manage risk valuation, P&L reporting, market and reference data setup, and instrument building
Support integrations between Endur and related systems
Gather requirements from business users and translate them into technical specifications
Test new features before production release
Build documentation for procedures, troubleshooting, and system architecture
What We’re Looking For
5–10 years of experience with ION Openlink Endur
5+ years of experience with natural gas trading
2+ years of experience with power trading
1–2 years of experience with AVS, JVS, or Open Components
Hands-on experience with trade booking, valuation, risk modeling on a forward basis, pricing, settlement, and scheduling
Strong understanding of ETRM processes across front, middle, and back office
Able to write SQL queries using the Endur data model
Strong communication and organizational skills
Relevant bachelor’s degree or equivalent work experience
Nice to Have
Experience with settlements, confirmations, and invoicing
Experience with Java or Python scripting
Familiarity with Jira and Confluence
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