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Physical Oil Senior Associate

Houston

Join Our Team!

Macquarie Group is a global financial services provider with offices in 28 countries. The Commodity Markets and Finance (CMF) division of Macquarie provides clients with risk and capital solutions across physical and financial markets. CMF’s diverse platform has evolved over more than 30 years and provides financing, financial hedging, physical execution, and access to market pricing for clients exposed to commodities and financial markets.

 The Operations Division of COG is looking for a Senior Associate who will be responsible for providing Operational support for the Global Physical Oil business.

Key Responsibilities will include:

•Verification of deal representation in trading system for Global Physical Oil including reconciliation of Broker confirmations to risk system trade details.

•Generate, track, and execute trade confirmations for various types of physical Oil transactions including but not limited to midstream, downstream, shipping, field, storage, and terminal contracts and related service agreements to support the complete sales, trading and supply service requirements globally.

•Handling counterparty responses to confirmations/contracts as well as receipt/review/response to third-party paper.

•Liaise directly with traders, business heads, and all support/risk functions (credit, market risk, operations, technology, legal, compliance, finance, etc.) to ensure trading practices are correct and in line with compliance policies.

•Reconciliation of Physical Inventory and Settlement Invoices against Energy Trading and Risk Management (ETRM)system, 3rd party statement, supply and transportation records.

 

To be successful in this role you will need:

  • A minimum of 1-2 years relevant experience in the Energy sector, focusing on Physical Crude Oil and Refined Products

•    A working knowledge of truck / rail transportation markets as well as the logistical aspects of transporting liquid commodities preferred.

•    Highly motivated individual with a confident and professional attitude, possessing high levels of strong analytical thinking, problem solving skills, and attention to detail.

•    An entrepreneurial spirit with the ability to work well in a team environment and take direction.

  • Excellent relationship management skills with the ability to handle multiple assignments and challenging deadlines, good project management skills

Our commitment to Diversity and Inclusion

The diversity of our people is one of our greatest strengths, and an inclusive workplace enables us to embrace that diversity to deliver more innovative and sustainable solutions for our people, clients, shareholders, and communities. At Macquarie, you'll be encouraged to be yourself and supported to perform at your best. If you're inspired to deliver on our purpose of ‘empowering people to innovate and invest for a better future’, we want you on our team. If you need adjustments made to the recruitment process, please reach out to your recruiter.

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 18,000+ employees and offices in 33 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, specialist advisory, capital raising and principal investment.

Find out more at www.macquarie.com/careers

Job no: OPS-965186
Work type: Permanent - Full time
Location: Houston
Category: Mid-level, Commodities, Operations
Group: Corporate Operations Group
Division: Operations
Recruiter: Kitti Moore
Opening Date: