Sr Manager, Commercial Trading
Sr Manager, Commercial Trading
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Summary
Role responsible for managing commercial processes and controls ensuring collaboration between business units and managing the Commercial Trade Analysts on commercial goals and processes. Responsible for ensuring all activities are in compliance with rules regulations policies and procedures
Essential Functions
- Ensure on behalf of heads of commercial trading all trader mandates required by PFJ Energys Commodity Risk Management (CRM) policy are being complied with daily. This includes all positions new trades and accurate P&L reporting.
- Select coach train develop and lead direct reports to include appraising job performance conducting performance reviews and providing strategic direction and set priorities for Trade Analyst team.
- Identify opportunities by developing strategic and tactical resolutions and delivering measurable results to drive synergies across different stakeholders including Commercial Operations Inventory Control Contracts Settlements Technology & Senior Management.
- Coordinate with internal and external auditors to ensure SOX compliance across the commercial organization
- Responsible for new business onboarding and coordination; this would include aiding in the definition of project scope and goals providing metrics to senior leadership associated with the progress of a given project and communication with Management to keep the project aligned with business goals.
- Provide commercial modeling for the onboarding of new businesses
- Responsible for management reporting including weekly memorandums monthly business review actual-to-budget analysis and actual-to-forecast analysis
- Aid in creation and communication of annual commercial budget and analyze validity of commercial assumptions around budgeted goals
- Ensure all activities in Commercial Trading are in compliance with rules regulations policies and procedures.
- Responsible for confirming accurate P&L reporting for daily monthly YTD result being distributed by Middle Office
- Develop and enhance new reporting tools key performance indicators and control functions for both the Commercial and the Trade Analyst teams.
- Model behaviors that support the companys common purpose; ensure guests and team members are supported at the highest level.
- Provide ad hoc reporting as requested and complete other duties as assigned.
Qualifications :
- Bachelors degree in business Finance or related field required
- MBA preferred or equivalent combination of education and experience
- Minimum seven years industry experience required
- Minimum five years of leadership experience required
Specialized Knowledge
- Knowledge of physical and financial Energy Commodity Trading
- Comprehension of hedging requirements and needs for trading desks in various US markets
- Understanding of cash and futures markets
- Ability to troubleshoot complex issues across the life cycle of trades
- Minimum five years of experience working with front middle and back-office business and operational processes required
- Experience with process improvements and analytics required
- Intermediate Microsoft Office skills
Competencies
- Ability to train mentor motivate exemplify integrity and enable leadership in a diverse team
- Ability to understand and translate commercial needs to other functional teams
- Proficiency in handling multiple concurrent projects and meeting deadlines in a fast- paced dynamic environment
- Understand and emphasize appropriate risk management and control functions needed for commercial supply & trading business
- Strong analytical skills strategic thinking and financial acumen
- Strong written verbal and listening communication skills
- Excellent organizational and problem-solving skills with attention to detail
- Ability to communicate and interact effectively with different levels of the organization to negotiate problem solve complete projects and influence decision making
- Self-motivated with ability to work both independently and within teams in order to establish and meet deadlines goals and objectives
- Ability to demonstrate confidence professionalism and assertiveness in complex and challenging circumstances
- Ability to manage sensitive and confidential information ethically and responsibly
Travel
Less than 25% travel required
Physical Requirements & Working Conditions
- General office work requiring sitting or standing for extended periods of time.
- Ability to lift up to 25 lbs.
- Able to work evenings weekends and odd hours as needed to support business.
Additional Information :
- Nation-wide Medical Plan/Dental/Vision
- 401(k) Flexible Spending Accounts
- Adoption Assistance
- Tuition Reimbursement
- Weekly Pay
#LI-AP1
Remote Work :
No
Employment Type :
Full-time
Employment Type
Full-time
