Analyst - Derivatives Trading

• Reimbursement for Gym Membership
• On-site Fitness Center (select locations)
• Employee Discount Programs
• Company-Paid Life Insurance for Active Employees
• Excellent 401(k) Match
• On-site Cafeteria (select locations)
• Educational Assistance Plan
• Pension Plan
• Parental Leave
• Medical, Dental, & Vision Plans; FSA and HSA options
• Service Awards Program
• Remote Work options available for eligible positions
• Company-Paid Sick Leave and Long-Term Disability
• Dependent Children Scholarships
• 9/80 Work Schedule Option (where applicable)
• Options are department and/or location specific
• On-site Health Clinic
• Paid Vacation Time
• On-site Credit Union and ATM (Corporate office only)
• Annual Vacation Incentive (40-120 hours of additional pay) for Eligible Employees
• Company-Paid Holidays
• Healthy Rewards Program

PLEASE NOTE ALL JOBS DO NOT QUALIFY FOR ALL PERKS

Relocation Benefits are available for this position.

Employer will not sponsor visas for position

• Requires strong analytical reasoning, advanced excel skills and solid knowledge of programing in Python.
• Entry of trades into the trading system and monitoring of position reports and PnL reports.
• Under the direction of the Lead Derivatives Trader, performs in-depth market analysis for CITGO Trading group as well as the rest of the Supply and Marketing organization. Develop analysis of market fundamentals (Supply & Demand models) in order to 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.
• Preferable knowledge of financial derivative instruments like futures, swaps and options in the energy markets.

Degree

• College Degree (Bachelors Level).

The minimum number of years of job related experience required by this job is

• 2 - 3 years.

List any specialized training or unique skills required

• Build and help maintain fundamental supply, demand models and utilize data to support idea generation in the portfolio construction process.
• Develop and manage reliable knowledge capture systems related to the key market risks identified. This includes understanding current system availability and data sources, defining system and data management needs for the future, and working with the Mid-Office and Supply groups to capture the data and knowledge required to analyze key market components and relationships.
• Trading experience preferred, but not required.
• Under the direction of the Lead Derivatives trader, execute the financial derivatives positions required to facilitate hedges within the Supply group as well as more broadly across CITGO’s total energy price risks, consistent with corporate operating philosophy and objectives. Execute proprietary, point-of-view based transactions consistent with authority delegations, as needed.
• Ability to balance workload priorities from multiple sources required.
• Assist the bench in the analysis and point-of-view development of the key drivers and utilize large data sets to gain insights into trends and potential opportunities in the market. Improve, back test and research new trading signals that can improve hedging and systematic trading models based under different price regimes and macro conditions.
• Must be a logical, economic thinker with the ability to apply analytical tools and techniques to transform data into actionable points-of-view.
• Assist other segments of the Supply and Marketing group with analytical and decision-making resources and communicate market-related information to key constituents throughout the organization.
• Identify and analyze market supply/demand factors and relationships that are key to CITGO’s profitability. Formulate actionable points-of-view to capture incremental market value based on this analysis. This includes factors and relationships not only impacting pricing of CITGO’s raw materials and end products, but also those related to refining, transportation and other segments of the supply chain.