Occidental Petroleum Trade Portfolio Analyst in Houston, Texas
Title: Trade Portfolio Analyst Location: United States-Texas-Houston Other Locations:
Occidental Petroleum Corporation (NYSE: OXY) is an international oil and gas exploration and production company, and its OxyChem subsidiary is a major North American chemical manufacturer. We are one of the largest U.S. oil and gas companies, based on equity market capitalization, with more than 40,000 employees and contractors worldwide.
Our greatest asset has been and will continue to be our people. We are looking for an experienced and motivated individual to fill the position of Trade Portfolio Analyst based in Houston, Texas.
The role is a front office position within the marketing organization that is responsible for the monitoring and tracking of physical commodity trading obligations and associated paper positions to ensure accurate reporting of volumetric price exposure during the trading day to facilitate the management of price risk by individual traders as well as group exposures. The position works closely with Traders, Schedulers and Product Control Analyst. Supporting an effective and efficient control environment, ensuring positions are monitored throughout the trading day and appropriate future positions are maintained (tagged) to support the delivery of accurate and timely position reporting. The Position Keeper works with team members from Trading, Scheduling, Accounting, Product Control and Analysis to resolve discrepancies and improve deal capture system accuracy in alignment with corporate and Market Risk policies and guidelines.
Accountable for the reporting of aggregate physical and paper exposures to support the management of the desired price risk profile of the trading organization.
Monitoring the activity of multiple traders and schedulers and the tracking of physical and paper activity and positions to support trading decisions
Accountable for accuracy of data in Trade Capture system (Allegro)
Maintain and generate daily reports from Allegro and Internal Risk systems that reflect this activity for the Trading Manager and individual traders
Creating and managing the daily transactional inputs (external trades and any “in house” deals required to balance strategies)
Coordinating and liaising with traders, schedulers, and Product Control to ensure timely and accurate trade entry and that the system of record is as up to date as possible
Coordinate with Finance including use of Oracle/SAP on questions required to account for or analyze the business correctly
Assist and work on other responsibilities and tasks as needed
B.A. in Economics
Experience with analytics
Strong system aptitude with advanced skills in MS Excel and MS Access, PowerPivot or analytical software items
Aptitude to work with Risk, Operations and Accounting to help build a solid understanding of risk management methodologies and financial analysis
Strong analytical skills to derive and explain anomalies in data to help resolve issues on a daily manner
Documentation skills to record and report on findings to the business
Detail-oriented with emphasis on accuracy and continual improvement
Ability to work with and be part of several different teams in an open, trade floor environment
Ability to adjust personal schedule to meet requests on short notice
Ability to perform under pressure with daily deadlines and deliverables
Bilingual in Spanish
Preferred familiarity with trade capture systems used by the organization (Allegro)
Strong interpersonal skills and proven written & verbal communication abilities
Self-motivated and able to manage time with competing priorities and minimal supervision
Occidental is an Equal Opportunity Employer/Individual with Disability/Veteran Status