The purpose of this role is to work with traders in multiple capacities. These include managing book positions verifying PnL conducting market research and other functions in Pilot Flying Js (PFJ) energy business.
Essential Functions
- Track and manage diesel and gas trading desks book positions and PnL using Microsoft Excel
- Ensure physical positions are hedged properly for assigned traders books
- Prepare Trade at Settlement (TAS) execution for all Pilot entities on a daily basis
- Assist traders in execution of trades in the market
- Perform market research and analysis related to energy oil and gas
- Track vessel imports and exports into the US from various markets
- Manage and post Exchange of Futures for Physical Contracts (EFPs) for Pilot and Saratoga. Responsible for other matters related to EFPs
- Daily communication with PFJs Futures Clearer on matters related to EFPs
- Responsible for position management of subaccounts for assigned traders
- Publish and distribute end of day positions and PnL estimates for assigned traders
- Provide ad hoc research and analysis per trading teams request
- Monitor and report company-wide expiry limits at end of each calendar month
- Track and manage cross exchange switch opportunities
- Assist Mid Office team in issues related to PnL and positions
- Model behaviors that support the companys common purpose; ensure guests and team members are supported at the highest level
- Ensure all activities are in compliance with rules regulations policies and procedures
- Complete other duties as assigned
- Coordinate product allocations and customer set ups at terminals
- Track blending and cargo PNL calculations
- Track RIN/RVO/LCFS balances and trade executions
Qualifications :
- Bachelors degree in business finance or related field required
- MBA preferred or equivalent combination of education and experience
- Minimum four years energy trading experience preferred
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 deal life cycle of trades
- Intermediate Microsoft Office skills
Competencies
- Ability to prioritize multitask and manage multiple projects while successfully demonstrating confidence in a fast-paced and dynamic environment
- Strong organizational skills with attention to detail
- Sense of urgency and time management skills
- Ability to communicate and interact effectively with different levels of the organization to negotiate problem solve complete projects and influence decision making
- Strong analytical and strategic thinking skills
- Self-motivated with ability to work both independently and within teams in order to establish and meet deadlines goals and objectives
Travel
Travel required less than 5%
Physical Requirements & Working Conditions
- General office work requiring sitting or standing for long periods of time
- Able to lift up to 30 lbs.
- Able to work evenings weekends and odd hours as needed
Remote Work :
No
Employment Type :
Full-time