Trade Settlement Analyst to NatGas Trader?
There are a couple large physical commodity firms that have openings for a Trade Settlement Analyst (NatGas) position. Is it possible to move up in this position to eventually become a Nat Gas Trader?
I know schedulers typically move into a trader position but I don't have experience in scheduling and it has been harding finding companies that don't require much experience.
Based on the most helpful WSO content, transitioning from a Trade Settlement Analyst to a NatGas Trader is possible, but it may not be the most direct route. Here’s what you need to know:
Trade Settlement Analyst Role: This position focuses on back-office functions like reconciling trades, ensuring accurate settlements, and managing financial aspects of trading. While it provides exposure to the trading environment, it doesn’t directly involve market-facing activities like scheduling or trading.
Path to NatGas Trader:
Challenges: Unlike schedulers, Trade Settlement Analysts are further removed from the operational and market dynamics of trading. You’ll need to proactively bridge this gap by gaining market knowledge and seeking exposure to trading activities.
Alternative Routes: If moving internally proves difficult, consider applying for entry-level scheduling or trading assistant roles at other firms. Highlight your understanding of trade processes and eagerness to learn the market side.
In summary, while the Trade Settlement Analyst role isn’t the traditional stepping stone to becoming a NatGas Trader, it’s not impossible. With strategic networking, skill-building, and a focus on internal mobility, you can position yourself for a transition.
Sources: Refined fuels trading experience but lackluster Engineering GPA, State School to Trading Physical Gas My Story (Long)
Very rare I would guess- haven’t seen settlements to trading moves myself- think probably less than 5% of ppl conservatively who were in that role would end up moving.
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