Middle Office Analyst – Crude & Products
Professional Alternatives
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Job ID#: 23119
Middle Office Analyst – Crude & Products,
Houston, TX
Hybrid role
Reports to Middle Office Manager
Role Accountabilities::
- Perform Middle Office control for assigned Crude and Refined Products books.
- Monitors and verifies all daily physical and paper activities.
- Confirms all trading positions and risk exposures, ensuring they are within authorized limits.
- Report accurate daily profit and loss results.
- Responsible for all daily and monthly P/L reporting.
- Monitor and control daily trades and modifications to ensure accuracy and reasonableness, especially those affecting price exposure.
- Monitor, control, and report daily pricing for physical purchases and sales activities.
- Track and report physical and paper positions, and manage risk exposure versus authorized limits.
- Analyze, reconcile, and manage hedge instruments, including NYMEX and ICE executions, clear swaps, OTC forwards, swaps, and options.
- Control authorized daily trading limits and prepare reports for approval by the Trading Desk Manager and Managing Director.
- Provide statistical results, trade analysis, and support to Trading Desks and Management.
- Interface with Operations personnel to ensure all risk- and profit-related data is current and accurate.
- Reconcile monthly results.
- Involves risk control and analysis for US trading and marketing activities supporting the company’s North American refining supply and production,
- Also supports trading transcations with affiliates and third-party Crude, Fuel Oil, Mid-Distillates, Gasoline, and Naphtha products including pipeline, vessel, storage, and paper executions.
Requirements and Qualifications:
- Minimum of 1-3 years of experience.
- Bachelor’s degree in Economics, Mathematics, Finance, Energy, or a similar field required; Master’s Degree preferred.
- Strong command of the English language.
- Proficient in Excel (advanced features).
- Programming skills in VBA and Python are required.
- Good communication and organizational skills.
- Adaptable, diplomatic, and a team player.
- The company regrets that it is unable to sponsor employment visas or consider individuals on time-limited visa status for this position
Qualified inquiries:
Contacts: stucker@proalt.com or rreyna@proalt.com
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