We are seeking a highly motivated Commercial Manager to play a pivotal role in managing our crude oil and natural gas exposures through effective hedging strategies. You will be responsible for analyzing market trends developing and implementing hedging programs and mitigating price risks to optimize our companys profitability.
What You Will Be Doing:
Develop and implement comprehensive hedging strategies for oil and natural gas portfolios.
Conduct indepth market research and analysis to identify price trends and risk factors.
Utilize various hedging instruments (options swaps futures contracts) to manage price volatility.
Continuously monitor and evaluate the performance of hedging programs and make adjustments as needed.
Maintain strong relationships with external counterparties and brokers.
Manage a hedging budget and ensure adherence to company risk management policies.
Prepare and present reports marketing proposals and hedging strategies to senior management.
Develop and implement comprehensive oil and natural gas marketing strategies to secure optimal sales contracts.
Manage and negotiate oil and natural gas sales agreements ensuring favorable terms for the company.
Utilize hedging strategies to mitigate price risk and ensure stable revenue streams.
Oversee the oil and natural gas marketing budget and track performance against key metrics.
Conduct thorough market research and analysis to identify market trends pricing opportunities and potential buyers.
Manage relationships with key industry players including pipeline operators traders and potential customers.
Stay abreast of current market conditions regulations and industry trends.
Your Background:
Bachelors degree in Finance Economics Business Administration Petroleum Engineering or a related field required; MBA preferred.
Minimum 5 years of experience in commercial risk management or gas marketing roles within the oil and gas industry.
Proven track record of successfully developing and implementing hedging strategies.
Indepth knowledge of crude oil and natural gas markets pricing dynamics and risk management techniques.
Proven track record of successfully developing and executing oil and gas marketing strategies.
Strong understanding of hedging instruments and risk management techniques in the oil and gas sector.
Strong analytical and problemsolving skills.
Excellent communication negotiation and interpersonal skills with the ability to interact professionally with vendors colleagues and stakeholders.
Proficient in Microsoft Office Suite.
Excellent organizational and time management skills with the ability to prioritize tasks and meet deadlines in a fastpaced environment.
Must be able to performlight work exerting up to 15pounds of force occasionally and/or a negligible amount of force frequently or constantly to lift carry push pull or otherwise move objects.
See hear talk and perform tasks requiring manual dexterity and visual acuity; kneel sit stand walk crouch stoop reach pull push and other similar repetitive tasks requiring physical activity.
Able to operate standard office/computer equipment.
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