Job Info
At Motiva, our employees' energy, passion, and dedication to excellence are what make us who we are and what allows us to generate energy that makes a house a home, gets us from point A to point B, and enables our health and wellbeing. We invest in every aspect of our employees' lives because, at Motiva, our people matter.
Headquartered in Houston, Texas, Motiva refines, distributes and markets petroleum products throughout the Americas. The company's Port Arthur Manufacturing Complex in Port Arthur, TX, is comprised of North America's largest refinery with a total throughput of 720,000 barrels per day, the world's second largest base oil plant, and an integrated chemical plant. Under exclusive long-term brand licenses with Shell and Phillips 66 (for the 76® brand), Motiva's commercial operations supply more than 12 billion gallons of fuel to customers annually. Motiva is wholly owned by Aramco, one of the world's largest integrated energy and chemicals companies.
Position Overview:
The Senior Crude Risk Analyst role is a seasoned position within the Middle Office. The primary responsibility entails aiding the Middle Office in preserving the integrity of the trading portfolio through a comprehensive grasp of transactions and their inherent risks. Daily collaboration is expected with fellow Risk Analysts, Senior Risk Analysts, Physical and Financial Marketers/Traders, Schedulers, IT, and Accounting personnel.
Responsibilities:
- Perform daily valuation of risk and supply books and generate P&L and position reports for crude and intermediates supply, and Derivatives.
- Generate, analyze, and review daily risk control reports for distribution to management and supply desks.
- Identify, comprehend, and analyze the risks associated with deals and structured transactions in the portfolio, ensuring compliance with established transactional and portfolio limits.
- Monitor and analyze the organization's market risk exposure for short-term and long-term strategies/transactions.
- Address process breakdowns/errors with daily system processes.
- Collaborate with internal customers including supply managers, traders, risk analysts, accounting, confirmations, compliance, credit, and contracts teams.
- Assist in determining appropriate methodologies such as mark-to-market, VaR, and accounting reconciliation.
- Manage the requirements and demands of multiple key stakeholders.
- Interface with various internal and external audit groups.
- Support compliance and internal controls activities and assessments.
- Assist in the ETRM implementation project.
Experience and Qualifications:Required Education and Experience:
- Bachelor's degree in Finance, General Business, Accounting, or Engineering.
- Minimum of 5 years' experience in crude and products commodity markets and financial derivatives.
- Proficiency in logistics, encompassing vessel, rail, truck, and pipeline operations.
- Highly motivated and detail-oriented individual, adept at thriving in a fast-paced and time-sensitive environment.
- Strong verbal and written communication skills, enabling effective interaction with employees at all organizational levels.
- Team-oriented with a comfort level in collaborating with diverse teams.
- Exceptional multitasking abilities, capable of efficiently managing multiple contacts, databases, spreadsheets, projects, and tasks.
- Office environment compatibility.
- Advanced proficiency in Right Angle and Excel.
Preferred Education and Experience:
- 3 - 5 years' experience in Risk Analysis
- 3+ years of experience with Right Angle.
- 3 - 5 years' experience in oil refining preferred.
- Knowledge and understanding of trade book to financial, a plus.
- SAP (S4 HANA) knowledge a plus.
We reserve the right to amend or withdraw Motiva jobs at any time, including prior to the closing date. Depending on qualifications, the successful candidate may be offered a position at a more appropriate level and/or grade.
Applicants for regular U.S. positions must be authorized to work in the United States for Motiva Enterprises LLC without the need for sponsorship of an immigration authorization or visa (for example, TN, H-1B, or other employment-based immigration authorization or visa).
Motiva participates in E-Verify.
All qualified applicants will receive consideration for employment without regard to race, color, sex, national origin, age, religion, disability, sexual orientation, gender identity, protected veteran status, citizenship, genetic information, or other protected status under federal, state, or local laws.