Trading Risk Associate – Commodities

Professional Alternatives

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Job ID#: 20906

Trading Risk Associate, Marketing & Trading
Location: Houston, Texas (In Office Monday-Friday)
Reports To:  Financial Risk Manager

About Us:
Leading midstream energy company is growing and building out a commodities trading division.  Seeking a market risk professionalnt with superior analytical and Excel skills reporting risks associated with their commodities trading portfolio.  This role will support all trade capture and position reporting interfacing with key trading and commercial leadership.

Key Responsibilities:

  • Marketing Book Management:  Build indepth familiarity with commercial activity for [1] accurate capture of trades and movements, [2] understanding of P&L-related catalysts, and [3] awareness of impacts to market positioning and exposure.
  • Risk Reporting: Maintain, enhance and design robust, scalable risk reports in Excel for crude, NGLs and refined products. This will involve aggregating data from various sources, maintaining/developing models, and providing actionable insights to senior management. Report examples include position, exposure (physical & paper), P&L, cash flow, inventory.
  • Data Management and Integrity: Ensure the accurate entry, aggregation and retention of data used in risk reports, including the verification of data sources, reconciliation of positions, and the establishment of protocols for data handling and storage.
  • Process Optimization: Identify and implement improvements in reporting processes.
  • Stakeholder Collaboration: Work closely with trading, operations, IT, finance, and accounting teams to satisfy organizational needs and enhance marketing org capabilities.  Nearterm accounting support may include tracking monthly purchases & sales and performing inventory reconciliations to feed month-end entries.
  • System Transition Support: Act as a key risk liaison in implementation of data lake and eventual ETRM system, ensuring that risk reporting requirements are accurately captured and integrated into the new systems.

Qualifications:

  • Bachelor’s degree in Finance, Economics, Engineering, or a related field.
  • 3-5 years of experience in finance or commodity risk management; energy sector experience, preferably within a crude oil trading environment, is a plus.
  • Advanced Excel skills; proven ability to design and maintain robust Excel models.
  • VBA, PowerBI, and experience with ETRM systems (e.g. Allegro) is a plus.
  • Understanding of accounting and finance concepts (e.g. COGS, revenue, accruals, MTM).
  • Understanding / desire to learn: Energy markets, trading strategies, financial instruments.
  • Excellent analytical and communication skills; detail oriented and critical thinker.
  • Selfstarter, driven, willing to contribute where needed in an entrepreneurial environment.

Why Join Us?
This is a unique opportunity to play a key role in shaping the risk management practices of a dynamic energy marketing and trading organization. You will have the chance to make a significant impact during a critical period of organizational growth, while expanding your expertise and skill within the risk function of marketing and trading. We offer a competitive compensation package, professional development opportunities, and a collaborative work environment.

Qualified inquiries: rreyna@proalt.com

 

 

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