Analyst Derivatives Trading

CITGO PETROLEUM CORPORATION

CITGO Petroleum Corporation is a recognized leader in the refining industry and operates under the well-known CITGO brand.

CITGO owns and operates three refineries located in Lake Charles, LA.; Lemont, IL.; and Corpus Christi, TX, and wholly and/or jointly owns 38 active terminals, six pipelines and three lubricants blending and packaging plants.

With approximately 3,300 employees and a combined crude capacity of approximately 807,000 barrels-per-day (bpd), positions CITGO as one of the best-branded supplier companies in the industry.

At CITGO our people are our most important resource.

Our core values are Safety, Integrity, Respect, Accountability, and Care.

Job Summary

Assists the Lead Derivatives Trader in developing short- and medium-term analysis of market fundamentals (Supply & Demand models) to help create a point of view of the market.

Identify risks and opportunities that are key drivers to CITGO profitability.

Understand optionality around physical trading/pricing around the refinery system.

Assists in the execution of the trading strategy under the supervision of the Lead Derivatives Trader.

Entry of trades into the trading system and monitoring of position reports and PnL reports.

Develop risk taking expertise by proposing trading strategies based on fundamentals of the market.

Requires strong analytical reasoning, advanced excel skills and is comfortable working with large data sets and using them to gain insights into trends and potential opportunities in the market.

Ability to solve problems using advanced analytical methods utilizing python.

Develops an understanding of commercial processes and internal and external contacts along the supply chain and industry for a specific geographic area of strategic importance.

Acts as floor trader to ensure inter and intra trading day market movements are properly evaluated, and tactics revised and executed according to opportunities and constraints present in the CITGO system and approved by the Commercial Management.

Initiates and concludes less complex trades and manages price risks with a narrow range.

Minimum Qualifications



* Must be a logical, economic thinker with the ability to apply analytical tools and techniques to transform data into actionable points-of-view.


* Ability to balance workload priorities from multiple sources required.


* Exposure to physical and financial trading concepts, along with both pipeline and intermodal transportation, contract pricing, arbitrage opportunities, and price spreads.


* Trading experience preferred, but not required.


* Minimum years of job-related experience required: A Bachelor's degree and 2 years of experience or a Master's degree and 0 years of experience.

If no degree, 6 years of experience in lieu of degree

Job Duties

1.

Identify and analyze market supply/demand factors and relationships that are key to CITGO's profitability.

Formulate actionable points-of-view to captur...