Mansfield Energy Corp · 2 weeks ago
Trading Analyst, Power & Gas
Houston, TX
Full-time
Hybrid
Entry Level
1+ years expMansfield Energy Corp is seeking a Trading Analyst to perform analyses of the natural gas markets and create simulation models for trading in North America. The role involves market analysis, reporting, and process improvement to assist in optimizing energy data analysis and risk management.
EnergyOil and Gas
Responsibilities
Conduct market research and analyze results to make recommendations for possible adjustments to overall sales and marketing strategy
Monitor and mitigate risk exposure for Company by focusing on inventory & fixed price positions
Monitor real-time market conditions, transmission congestion, congestion patterns and system operations to support trading decisions
Develop and maintain models for forecasting congestion and pricing dynamics in power markets
Determines risk and optionality value (rewards) of controlling certain assets and uses physical commodity, transportation and storage assets, and financial tools (such as futures, swaps, and options) to optimize these assets
Support senior staff to develop risk models and reports that accurately capture material risks specific to market/asset/region and trading strategy
Assist with ongoing monitoring of portfolio risk with weekly commentary on utilization, new activity, market events and liquidity
Work with sales and supply daily to assure all fixed price deals (daily/weekly/monthly/term) are being billed correctly, hedges remain balanced, and monitor any additional risks involved in fixed pricing (wet hedge, portfolio, etc.)
Create and distribute confirms for all deals as well as working to ensure legal receives signs copies of each for filing
Create & maintain P&L sheets in Excel for various hedge risk customers and inventories
Investigate P&L issues in daily business while indexing any risk that either needs to be covered or is otherwise not being handled appropriately
Generate daily/weekly reports on market activity, portfolio performance, and market outlook
Provides ad-hoc analytical support to senior leadership in the form of analysis, reports, and presentations on demand
Employ standardized enhanced Risk Measurement practices into daily, weekly, and/or monthly reporting
As directed, resolve discrepancies and inaccuracies in contracts by communicating with traders, customers, and brokers; escalate to Senior Team Members as needed
As directed, provide support of compliance and audit activities
Collaborate with the I.T. department to improve the underlying risk analyses systems infrastructure (models, calculations, data flows, reports, etc.)
Identify areas for improvements and continual development of risk models, systems enhancements, internal processes and other relevant areas in order to optimize the efficient analyses of natural gas markets
Provide back up for the responsibilities of other Risk Team members
Perform other duties as assigned
Qualification
Required
Bachelor's degree in Economics, Finance, Mathematics, Computer Science, or another related quantitative field with a strong foundation in mathematics and/or statistical analysis
1+ years of experience in wholesale and/or retail natural gas markets
Experience and understanding of risk exposures, P&L and performance reporting, quantitative and analytical skills
Experience building financial models and reports including physical modeling of natural gas markets
Advanced level of experience in using Excel, SQL and PowerBI to build analysis models
Experience in fixed price, hedging and/or refined products supply required
Have knowledge of interstate pipeline delivery point economics in order to effectively communicate with Sales representatives and ensure seamless execution of Sales deals & commodity movements
Must be willing to work unusual/extended hours as necessary during seasonal peaks which may include partial weekend coverage
Individual must have ability to handle heavy workloads in a potentially stressful environment with multiple deadlines
Must be decisive, detail oriented, have strong problem solving/analytical skills and must constantly strive for process improvement
Must be comfortable working with multiple computer programs and be willing to work on and learn new technology
Ability to analyze large volumes of data and present results in a clear, concise written format
Ability to communicate effectively with multi-disciplinary teams and present ideas and data in a clear, concise manner
Ability to manage multiple tasks, meet tight deadlines and interact effectively in a team environment
Able to work remotely during emergency or critical operating conditions
Ability to sit for prolonged periods of time
Able to view computer terminal for prolonged periods of time
Dexterity of hands and fingers to operate a computer keyboard, mouse and other computer components
Close visual acuity needed to review financial statements and for discerning fine print
As directed, this position will have planned, overnight and weekend travel to Company headquarters several times a year along with travel to pipeline & customer meetings and/or energy industry conferences
Preferred
Master's degree (or MBA) in quantitative discipline a plus
Preference given to applicants with working knowledge of Natural Gas retail & wholesale industry segments
Benefits
3x2 hybrid work schedule
Company
Mansfield Energy Corp
Mansfield Energy is the trusted partner to fleets and organizations across North America – solving their most demanding energy procurement, supply, and logistics challenges.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Michael M.
Chief Operating Officer
Rocky Dewbre
President-Mansfield Service Partners
Recent News
2022-02-25
2022-02-02
Company data provided by crunchbase