Americas
Job Categories
Levels

SVP, Business Development, Physical Oil and Products

Houston

Join Macquarie’s Commodity Trading Team as part of the Physical Oil Business Development team. In this role, you will drive the management, development and promotion of physical commodity opportunities, based on deep analysis and understanding of the dynamics of the market. Your focus will be originating and managing Macquarie’s role in supporting upstream, midstream and downstream physical solutions across logistics modes (vessels, barges, rail, blending) for assets across the Americas, actively coordinating with the trading books and offices worldwide.

In this role, your primary function will be to originate and commercialize client-driven and trader-specific physical commodity solutions across heavy crude oil, light sweet crude oil, condensate, products (gasoline, jet, diesel) and NGLs (C2+, C3+)/spec products (ethane, propane, butane, condensate)) to maximize risk-adjusted returns and optionality for Macquarie’s physical commodity trading business.

You'll ensure that commodities get to market across multiple logistics modes (barges, vessels, rail) and manage/mitigate infrastructure risks (ports, storage, railways) to minimize cost exposure and utilize excess capacity.

Working across the organization, you'll develop strong interpersonal relationships, integrating with Macquarie Bank Limited (financial derivatives coverage, lending facilities), Macquarie Infrastructure and Real Assets (Physical Asset Investment), and Macquarie Capital (equity and debt financing), internal control groups (Legal Risk Management, Risk Management Group (Credit, Market), Market Operations Division) to drive negotiate and close commercial transactions with external clients.  You'll meet regularly and engage in ongoing communication with internal trading and business development teams to determine short, medium and long term opportunities to facilitate transportation or storage capacity at various locations and to provide market/pricing information and market intelligence and support middle and back office in contract and document negotiation including approvals, accounting and invoicing.

In this role you'll be relied on for your subject matter expertise, and need to remain up to date on legal, compliance and economic issues affecting the hydrocarbon and financial services industry.

You will bring to this role:

  • a minimum of a Bachelor’s degree in a relevant field
  • a minimum of 10 years’ experience in Crude/Products/NGL oil trading and/or origination
  • experience in trading or delivering client solutions in physical and paper in crude and products markets
  • lead negotiations for required service with third party providers
  • strong Financial derivative understanding / expert
  • strong analytical capabilities and communication skills
  • have a global view of the international market and deep local knowledge within each of the targeted jurisdictions
  • ability to model economics of projects. Work with financial analysis team, as necessary
  • strong knowledge of financial commodity markets and experience trading and origination in this market
  • capability to develop new business opportunities
  • familiarity with North American infrastructure, and experience with contract negotiations in rail, pipelines, terminals and fractionation plants
  • strong knowledge of international crude oil, product and natural gas liquid flows and market dynamics
  • knowledge of upstream activities and refinery processes
  • derivatives management experience
  • multi-lingual language capability will be valued but not required.

Commodities and Global Markets provides clients with an integrated, end-to-end offering across global markets including equities, fixed income, foreign exchange and commodities.

Find out more about Macquarie at www.macquarie.com/about

All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, colour, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other impermissible criterion or circumstance. Macquarie also takes affirmative action in support of its policy to hire and advance in employment of individuals who are minorities, women, protected veterans, and individuals with disabilities.

About Macquarie

A career at Macquarie means you’ll have the opportunity to develop and utilise new skills, explore interesting fields and do challenging work that will impact the lives of people around the world—whether it’s accelerating the green energy transition, helping sustain global food supplies, financing social housing projects or investing in essential infrastructure. At Macquarie, we’re empowering people to innovate and invest for a better future.

Our size and international presence means your work can take you anywhere—across business groups, disciplines, sectors and borders. With 15,000 employees and offices in 31 markets around the world, we’re a truly global organisation.

You’ll be supported by a diverse team where the unique perspectives, ideas and experiences that all of our people bring are valued. You’ll be empowered to address unmet needs in our communities whilst advising and investing alongside our clients and partners. Working with us, you’ll have the opportunity to make a difference.

Macquarie is a global financial group providing clients with asset management, retail and business banking, wealth management, leasing and asset financing, market access, commodity trading, renewables development, investment banking and principal investment.

Find out more at www.macquarie.com/careers

Job no: CGM-953877
Work type: Full time
Location: Houston
Category: Senior, Commodities
Group: Commodities and Global Markets
Division: Commodity Markets and Finance
Recruiter: Danielle Scaife
Opening Date: