Trading Analyst

JOB FUNCTIONS AND KEY RESPONSIBILITIES:

Analyze, model, and report daily market risk for all NGL Trading activities: mark-to-market, exposure, position, and hedging

Coordinate and review daily deal volumes and pricing in RightAngle by performing deal verification, price validation, market curve updates, and data reconciliation

Work closely with Traders to quantify and explain the sources of risk in their portfolios; suggest and implement changes for risk mitigation

Build and manage trading models and reports to monitor and forecast market drivers with the goal of supporting Trading team: supply & demand, industry data, macro-economic modeling, etc.

Prepare presentations for management to explain and review risks and trading strategies

Proficient in NGL Market fundamentals and pricing structure to aid in support for all trading functions

Gather data, update, and distribute daily Downstream reports and dashboards: PetChem Economics, International Arb pricing, Domestic Pricing, NGL Pricing, Export volumes, and ad hoc reporting

Drive information and ideas to influence or support trading activities for physical and financial trading strategies

MINIMUM ESSENTIAL QUALIFICATIONS:

Bachelor’s degree in Finance, Accounting, Economics, or a related field is required

Working experience with Excel and RightAngle is preferred

Thrives in a team environment with active communication

Ability to work independently on multiple, concurrent tasks with tight deadlines.

Excellent written and verbal communication skills

Ability to work across functional business groups to resolve discrepancies and implement solutions

Regular and reliable attendance is required

PREFERRED QUALIFICATIONS:

Skills appropriate for economic model development, analysis, and interpretation

Energy industry certifications

EQUAL EMPLOYMENT OPPORTUNITY:

Targa Resources provides equal employment opportunities based on merit, experience, and other work-related criteria and without regard to race, color, ethnicity, religion, national origin, sex, age, pregnancy, disability, veteran status, or any other status protected by applicable law. We also strive to provide reasonable accommodation to employees’ beliefs and practices that do not conflict with Targa’s policies and applicable law. We value the unique contributions that every employee brings to their role with Targa.

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CEO of Targa

Joe Bob Perkins

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By Targa

Targa is a leading provider of midstream services and is one of the largest independent midstream energy companies in North America. We own, operate, acquire, and develop a diversified portfolio of complementary midstream energy assets. We are pri...

15 jobs

INDUSTRY

Energy & Utilities

TEAM SIZE

1001-5000

LOCATION

Hybrid, based in Houston, TX

DATE POSTED

June 9, 2023