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Practice Overview
Practice: Energy & Commodities – CTRM / ETRM (ION Endur)
Location: Bangalore, Karnataka, India

Oliver Wyman’s CTRM/ETRM capability, anchored by our specialized Endur practice, enables clients in the energy and commodities trading sector to manage market volatility, regulatory obligations, and digital transformation effectively. We are building a strong technical team in Bangalore to support rapid expansion in this strategic domain, delivering high-quality, maintainable, and performant Endur solutions that provide tangible client value.

Our Mission and Purpose
Mission: Help energy and commodities clients operate more effectively in volatile markets by delivering scalable, high-quality Endur solutions that strengthen front-to-back trading, risk, and operations workflows.
Purpose: Build an inclusive, high-performing team that combines strong engineering fundamentals with deep CTRM/ETRM domain knowledge—creating meaningful growth through hands-on client delivery, mentorship, and continuous learning. We aim to establish consistent technical standards, reusable assets, and strong observability practices to improve delivery quality, reliability, and client outcomes.

About the Role

Oliver Wyman's CTRM capability, centered on our specialized Endur practice, empowers clients in the energy and commodities trading sector to address market volatility, regulatory requirements, and digital advancements. We are expanding our dynamic functional team in Bangalore to fuel growth in this key area, delivering reliable, user-focused Endur delivery that drive real business outcomes.

As a Consultant – ETRM, you will support the functional aspects of trading and risk management systems, including requirements analysis, configuration, testing, and user support. Collaborating with senior consultants, business analysts, and client teams, you will help implement custom workflows, integrations, and optimizations for efficient commodity trading operations, while contributing to standardized practices and knowledge sharing within the team.

We welcome applications from candidates with solid experience across multiple areas of Endur functional work, and we recognize that no single profile will match every responsibility perfectly. If your expertise aligns well with core elements of configuration, testing, integration, or support, we strongly encourage you to apply.

Key Responsibilities

Functional Delivery & Configuration

• Assist in configuring core Endur modules to support trade lifecycle such as Deal Capture, Amendments, Product Control, Logistics, Scheduling, Nominations, Actualization, Settlements, Confirmations, Taxation, Accounting etc.

• Catering to Deal Modeling Process TPM/Workflows Management (Business Process Orchestration), Market Static Data (Contract Codes, Commodity/Electricity Delivery Setup), Prices/Vols/Corrs Setup, gMotion/cMotion setup, Costs/Fees Set-up, Pricing Components (Projection Methods, Payment Formulas, Models etc.), and back office market standard solutions (e.g. Invoices, Confirms, eConfirms, etc.), to align with client needs in North American & European Gas, Power, and Liquids markets.

• Contribute to modeling market data, including spot prices, forward curves, basis differentials, spreads, and indices, for precise valuation of instruments like Commodity Futures, Physicals, Swaps, Transits, Storages, Transmissions, Spreads, and Fees.

• Participate in end-to-end testing, including functional, regression, system integration, and UAT, validating real-time trade execution, PnL/Delta calculations, EOD workflows, and settlement processes.

• Help resolve defects and perform parallel run testing during upgrades, focusing on Settlement Desktop configurations - including hierarchies of objects such as Definitions, Views, Templates, Output Forms, and Module Sets - to maintain valuation consistency and operational stability.

• Support configuration for physical scheduling, nominations, nomination groupings, inventory movements, and commodity delivery processes across gas, power, and liquids workflows.

Solution Design & Integration

• Gather and document business requirements into Business Requirements Document and further refine and craft Solution Design Documents (SDDs) which can be acted by development teams to build & develop solutions in Endur.

• Support integrations with external systems and platforms, such as scheduling systems and physical infrastructure connectors for scheduling, nominations, automated trade updates, tariff updates, and data synchronization.

• Contribute to risk management solutions such as simulation setups, executions and reporting.

Client & Team Collaboration

• Work with business stakeholders (Front Office, Risk, Operations, Scheduling) to understand requirements for trade capture, contract modeling, scheduling & nominations, commodity delivery, and master/reference data management.

• Participate in workshops, user training sessions, and hypercare support, developing role-based training materials and resolving user queries on Endur proficiency.

• Document functional designs, test scripts, and operational procedures using tools like JIRA, Azure DevOps, and Qmetry for defect lifecycle management and knowledge transfer.

• Support junior team members through mentoring on Endur modules, testing best practices, and agile processes.

Quality & Practice Contribution

• Engage in agile/DevOps workflows, including sprint planning, stand-ups, and retrospectives, to deliver consistent, tested solutions.

• Utilize quality tools for test planning, estimation, prioritization, and execution, including reusable regression suites and validation of non-functional aspects like performance, security (access controls, audit trails), and data integrity.

• Identify opportunities for efficiency through standardized configurations, accelerators, and best practices in Endur functional setups.

• Contribute to internal activities, such as pre-sales support, and knowledge building in areas specific to commodity classes being worked in Endur.

In addition to the responsibilities outlined, you may be assigned other related duties, priorities, or stretch objectives from time to time to support evolving business needs and team success.

Qualifications and Experience

• Master’s degree in Energy Systems, Finance, Business/Management, Financial Engineering, or a related field.

• 2-4 years of relevant experience in ETRM/CTRM, with at least 1-2 years hands-on functional configuration and support on Openlink Endur (v19+ preferred; exposure to recent versions advantageous).

• Demonstrated involvement in one or more forms of engagements such as ETRM Advisory, Implementations, Upgrades, Migrations, and Support across one or more commodity classes, preferably:

  • Crude Oil & Refined Products (Brent, WTI, Gasoil; regions: USGC, ARA/NWE, Singapore, Middle East)

  • Natural Gas & LNG (Henry Hub, TTF, NBP; regions: US, Continental Europe/Baltics/UK, Asia)

  • Power (EU Power, US Power/PJM/ERCOT)

  • Emissions, Environmental Certificates & Renewables (EUAs, CCAs, RECs, CORSIA)

  • Coal & Freight

  • Metals (base, precious, ferrous)

  • Exposure to agriculture/softs or multi-commodity portfolios considered beneficial.

• Practical experience working on Endur Managers & Modules such as Instrument Builder, Tran/Event Info, Pricing Configurations, EOD Setups, Reporting Solutions, TPM/Workflows, Deal Skins, Scheduling, and interfaces.

• Involvement in agile projects, including functional testing, UAT, and deployment activities.

Required Skills

• Technical Skills

  • Proficiency in Endur configuration and ability to appreciate the interdependencies across modules to support trade lifecycle such as Deal Capture, Amendments, Product Control, Logistics, Scheduling, Nominations, Actualization, Settlements, Confirmations, Taxation, Accounting etc.

  • Knowledge of integrations preferred:

    • Order Management (ICE, Trayport, CME, etc.)

    • Market Data Providers (ZEMA/Enverus/ICE/Platts etc.)

    • Weather Data Providers (Meteologica, ConWX, etc.)

    • Time Series Data Providers (Asset Forecasts etc.)

    • Power Scheduling & Bid-To-Bill Systems (PCI Energy Solutions, PowerOptix etc.)

    • Gas scheduling systems (NatGasHub)

    • Liquids & Bulk Scheduling Systems (Railcar, Truck, Pipeline Management),

    • Energy Margins Calculation systems (Gorilla, SASAnalytics etc.),

    • Physical infrastructure connectors for tariff, flow, data, and trade management.

  • Experience with testing tools (JIRA, Azure DevOps, Qmetry) and processes (functional, regression, stress, UAT).

  • Familiarity with EOD/EOM/EOY workflows with key accounting period activities and regular business-as-usual activities covering Intra-day, Start-of-Day, End-of-Day modes.

• Domain Knowledge

  • Understanding of Energy Trading & Risk Management domain for physical & financial trading across different markets and commodities.

  • Understanding of key business capabilities & processes spread across Front-Office, Supply & Operations, Middle Office, Back Office, Regulatory & Compliance teams.

  • Appreciation of trading IT ecosystems centered around Endur with upstream/downstream systems.

• Soft Skills

  • Strong analytical and problem-solving abilities, with attention to detail.

  • Effective communication for stakeholder interactions and documentation.

  • Collaborative mindset, eagerness to learn, and willingness to mentor.

• Others

  • Willingness to travel occasionally (up to 30%) for client engagements.

Roles and levels
We are hiring beginner to Mid-level (2-4 years relevant experience, including 1-2+ years hands-on with ION Endur in functional configuration and support). In addition to the base salary, this position may be eligible for performance-based incentives.
We offer a competitive total rewards package that includes comprehensive health and welfare benefits as well as employee assistance programs.

Oliver Wyman is an equal-opportunity employer. Our commitment to diversity is genuine, deep, and growing. We’re not perfect, but we’re working hard right now to make our teams balanced, representative, and diverse. Marsh McLennan and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.

Oliver Wyman is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit oliverwyman.com, or follow us on LinkedIn and X.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.