Risk Pricing Analyst, Commercial Risk & Pricing

Remote Work options available for eligible positions

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

PLEASE NOTE ALL JOBS DO NOT QUALIFY FOR ALL PERKS

Relocation Benefits are not available for this position.

Employer will not sponsor visas for position

The Risk Pricing Analyst is responsible for designing, developing, and maintaining forward and market curves for all physical and derivative products represented in CITGO’s trading portfolio. This position requires knowledge of ETRM price curve configurations, including expiry and holiday calendars, construction of formula-based forward and market curves, and configuration of complex derivative instruments (e.g., float-float swaps, options). This role will also be responsible for providing back-up coverage for mark-to-market risk reporting analysts.

Degree

• College Degree (Bachelors Level) in Engineering, Business or Mathematics.

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

• 2+ years of specific experience with commodity market risk management at leading commodity trader / bank / hedge fund preferred.

List Any Specialized Training Or Unique Skills Required

• Familiarity with energy commodity market pricing publications and services.
• Responsible for the configuration of Exchange Traded Instruments (ETI) in the ETRM system, as well as monitoring and resolving interface failures, to ensure the timely and accurate flow of ETI’s transactions into the ETRM system.
• Responsible to design, develop, and maintain forward and market curves for all physical and derivative products within the ETRM system.
• Investigate pricing discrepancies on Inhouse and other formula-based deals and work with various groups to correct them as needed.
• Proficiency/prior experience with energy trading and risk management (ETRM) software platforms.
• Background in a quantitative or technical discipline, such as finance, economics, math, engineering or IT.
• Verify and maintain the integrity of daily price feeds into the ETRM system.
• Experience in commodity risk management environment.
• Assist other teams with ad-hoc projects/research involving price histories.
• Strong interpersonal skills, including communication, teamwork, and conflict management
• Ensure curve designs allows for appropriate decomposition of risk exposures into their major components and that all market and transfer prices are appropriately market based.
• Valid Driver's License is Required.
• Maintain all configuration components within the ETRM system used for construction of curves such as holiday calendars, delivery period categories, pricing products and locations.

Requisition #: 2023-7112

External Company Name: Citgo Petroleum Corporation

External Company URL: http://citgo.com/Home.jsp

Our Favorite CITGO Perks are:: Remote Work options available for eligible positions

• Medical, Dental, & Vision Plans; FSA and HSA options
• On-site Fitness Center (select locations) PLEASE NOTE ALL JOBS DO NOT QUALIFY FOR ALL PERKS
• Employee Discount Programs
• Educational Assistance Plan
• Paid Vacation Time
• Company-Paid Sick Leave and Long-Term Disability
• Excellent 401(k) Match
• Annual Vacation Incentive (40-120 hours of additional pay) for Eligible Employees
• On-site Cafeteria (select locations)
• Reimbursement for Gym Membership
• On-site Credit Union and ATM (Corporate office only)
• Pension Plan
• Healthy Rewards Program
• Parental Leave
• Options are department and/or location specific
• 9/80 Work Schedule Option (where applicable)
• Company-Paid Holidays
• Dependent Children Scholarships
• Service Awards Program
• Company-Paid Life Insurance for Active Employees
• On-site Health Clinic