Experience:
3-5 years of experience
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Employment Type:
Full time
Posted:
8/17/2017
Job Category:
Marketing
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Supply Trader - Natural Gas
Tesoro Companies Inc. | San Antonio, Texas
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Job Description

Requisition ID: 60141

Summary

This position executes trades for natural gas (NG) primarily for the Company’s NG physical requirements and associated pipeline arrangements; and utilizes physical and financial trading to support refinery operations, manage budget exposures, and identify and capture market opportunities.

Responsibilites

  • Develop and manage NG trading book within established risk limits to meet gain and loss targets. Creates positions to capture synergies across multiple requirements and capitalize on market opportunities.
  • Coordinates with Commercial Operations to monitor product scheduling, pipeline movements and associated balancing activities.
  • Identifies and implements pipeline transport and storage arrangements to increase value of trading activities.
  • Interfaces with refinery staff and System Optimization to match supply to requirements.
  • Cultivates and sustains relationships with producers and trading companies.
  • Develops and maintains NG market intelligence. Forecasts conditions impacting local markets and pipelines, competitors, supply and demand, prices, and transportation and distribution costs.
  • Identifies, develops and executes opportunities to improve economic synergies among various locations. Recommends business development activities.

Requirements

  • Minimum Bachelor’s degree required.
  • Minimum 2 years of NG trading experience, 5 years overall NG experience between trading, scheduling, and analytics
  • Strong preference for knowledge of California NG markets.
  • Knowledge and compliance of trading regulations and policies
  • Ability to initiate trading activities, develop solutions to trading problems, and meet performance goals
  • Knowledge of trading book economics, price risk, and application in models
  • Ability to work well in a fast-paced team environment; with a high level of accuracy and within tight deadlines
  • Understanding of NG market fundamentals, basis, and market risk
  • Ability to prioritize work assignments
  • Strong negotiation skills and oral and written communication skills
  • Ability to develop and build market relationships
  • Understanding of analytical techniques in model development
  • Ability to understand deal flow across multiple functions

Tesoro Corporation, a Fortune 100 company, is a leading independent refiner and marketer of petroleum products with a strategically focused presence in the western United States. Tesoro, through our subsidiaries, owns and operates seven refineries with a combined capacity of over 895,000 barrels per day. Our retail-marketing system includes over 2,400 retail stations under the ARCO®, Shell®, Exxon®, Mobil®, USA Gasoline™, Rebel™ and Tesoro® brands. Our full-service logistics business, a master limited partnership formed by Tesoro Corporation as Tesoro Logistics LP (TLLP), owns and operates 4,000 miles of crude oil, refined products and natural gas pipelines; 29 crude oil and refined products truck and marine terminals; 15 million barrels of storage capacity; two crude oil rail facilities; and four natural gas processing complexes. Headquartered in San Antonio, Texas, our operations span 18 states.

Our strength lies in our investment in employees and in their future. We measure success not only by the products we bring to our customers, or the financial results we deliver to our shareholders, but also by remaining true to our core values of safety and environmental stewardship, respect and integrity.

Discover your strengths and invest in your future by applying today.

Employees must be able to perform the essential functions of the job with or without reasonable accommodation.

Equal Opportunity Employer: Vet / Disability

Posting Notes: || San Antonio || Texas || United States (US) || SF:LI-AA-1 || |Commercial || 78259 ||

About Tesoro Companies Inc.

Tesoros Trading Company is a retailer and wholesale distributor of folk arts and crafts from around the world. Owner Jonathan Williams started the company in 1983. He personally selects the items we sell and works with the artisans who make the handicrafts we import.

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