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Analyst Trade Portfolio

OXY, Inc.
United States, Texas, Houston
5 Greenway Plaza (Show on map)
Oct 23, 2024
Description

Oxy is an international energy company with assets primarily in the United States, the Middle East and North Africa. We are one of the largest oil producers in the U.S., including a leading producer in the Permian and DJ basins, and offshore Gulf of Mexico. Our midstream and marketing segment provides flow assurance and maximizes the value of our oil and gas. Our chemical subsidiary OxyChem manufactures the building blocks for life-enhancing products. Our Oxy Low Carbon Ventures subsidiary is advancing leading-edge technologies and business solutions that economically grow our business while reducing emissions. We are committed to using our global leadership in carbon management to advance a lower-carbon world. Visit oxy.com for more information.

We are looking for an experienced and motivated individual to fill the position of Trade/Portfolio Analyst within our Midstream and Marketing - Portfolio Management group based in Houston, TX.

Essential Job Responsibilities:



  • Responsible for the monitoring and tracking of physical commodity trading obligations and associated paper positions to ensure accurate reporting of volumetric price exposure during the trading day to facilitate the management of price risk by individual traders as well as group exposures.
  • The ability to analyze a trade and identify the unique market risks in pricing, delivery, and physical asset and understand how to represent those risks against market indices.
  • Insight into how to dis-aggregate the risk from its originating trade, transfer it between trade books, and report it with similar risks.
  • Creating and managing the daily transactional inputs (external trades and any "in house" deals required to balance trading portfolios).
  • Supporting the trading activity of multiple traders and schedulers to ensure positions are monitored throughout the trading day and appropriate positions are captured in the deal capture system to support the delivery of accurate and timely position reporting.
  • Partner with Trading, Operations, Accounting, Risk, Credit, and Product Control to resolve discrepancies and improve trading system accuracy.
  • Assist and provide back up support on other responsibilities and tasks as needed.


Skills:



  • Strong system aptitude with advanced skills in MS Excel and Power BI.
  • Solid understanding of risk management methodologies and financial analysis.
  • Preferred familiarity with trade capture systems used by the organization (Allegro).
  • Strong analytical skills to derive and explain anomalies in data.
  • Documentation skills to record and report on findings to the business.
  • Detail-oriented with emphasis on accuracy and continual improvement.
  • Strong interpersonal skills and proven written & verbal communication abilities.
  • Self-motivated and able to manage time with competing priorities with minimal supervision.
  • Ability to work with and be part of several different teams in an open, trade floor environment.
  • Ability to adjust schedule to complete priority requests within short notice.
  • Ability to perform under pressure and execute effectively, balancing daily deadlines and deliverables.

Qualifications

Qualifications



  • B.S. or B.A. in Finance, Accounting, Management, Marketing, or related field of study.
  • Minimum of 3 years' experience in Commercial business including exposure to energy trading activities and related reporting/risk management.
  • Minimum of 3 years' experience with financial products/contracts used in commodity trading and risk management (swaps, options, futures and forwards).



Recruitment Fraud

It has come to our attention various individuals and/or organizations are contacting people falsely pretending to recruit on behalf of Oxy. Please be aware that these recruiting scams and communications do not originate nor are they associated with our recruitment process. All Oxy job postings and offers will require a completed application through our company website.

Oxy does not charge a fee at any stage of the recruiting process. We will never:

* Ask you to pay for applications, interviews, meetings, processing, training or for any other fees

* Use recruiting or placement agencies that charge candidates an advance fee of any kind or

* Request personal information such as passport and bank account details at an early stage of our recruitment process.

We recommend against responding to unsolicited business propositions or offers from people you don't know. Do not disclose your personal or financial details. If you believe you have been the victim of a recruiting scam, please contact your local police department.

Occidental is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, marital status, political preference, sexual orientation, gender identity, national origin, protected veteran status, or disability status.

Job - Crude Sales
Primary Location - United States-Texas-Houston
Organization - OPC
Schedule - Full-time
Applied = 0

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