Job Objective:
Responsible for negotiating the purchase and sale of crude oil and condensate. Will work closely with producers and trade counterparties to help facilitate the transportation of crude oil and condensate and will provide flow assurance and incremental value via marketing and trading activities.
Essential Job Responsibilities:
- Develop and maintain relationships with producers, marketers and end users understand their strategies and needs
- Develop and maintain knowledge of regional energy market fundamentals including crude supply and demand, regulatory changes, and transportation infrastructure with specific, detailed focus on the Gulf Coast.
- Ability to financially manage pricing risks arising from physical transactions.
- Understand crude oil pricing trends and local basis drivers in order to recommend strategies to mitigate risks of price changes and find upside opportunities
- Analyze and execute transactions to optimally manage throughput on Harvest asset systems
- Identify credit risks/limits for customers; monitor and take action as required on an ongoing basis
- Work with asset teams to identify acquisitions and new project opportunities.
- Present market analysis in order to secure approval for sales plans and specific sales agreements
- Analyze and make recommendations for firm pipeline transportation and storage consistent with sales strategy and overall market dynamics
- Monitor planned and unplanned events; work closely with scheduling team to maximize the movement of product to markets
- Mitigate any imbalances and financial consequences by trading imbalances, netting, etc
- Work with back-office team to ensure accurate and timely sales invoicing as well as payments for purchases and transportation services.
Other Job Responsibilities:
- Adheres to the company’s values – integrity, ownership, urgency, alignment and innovation.
- Supports company vision and mission.
- Adheres to established work schedule, attendance standards and is punctual to work and meetings.
- Other duties as assigned by management.
Qualifications:
- Five (5) years minimum experience in crude oil marketing and trading.
- Experience in Gulf of Mexico, North Dakota, or South Texas Oil Trading is preferred.
- Strong contract negotiation experience.
- Strong interpersonal/business skills with the ability to build relationships with outside contacts.
- Strategic thinker who understands market dynamics and the value of relationships.
- Ability to complete multiple, diverse tasks of differing priorities.
- Excellent written and verbal communication skills.
- Proficiency in the use and application of the following software:
- Required: Microsoft Office (Excel, Word, PowerPoint and Outlook).
Education Requirements:
- Bachelor’s Degree from an accredited four-year university or college.
- MBA from an accredited university or college preferred.
Certifications, Licenses, Registrations:
