Associate Risk Analyst

Sprague Operating Resources LLC • Portsmouth, NH

12d • Hybrid

About The Position

Sprague is passionate about delivering diverse products and programs that warm, power and move the world. We keep homes warm through Northeastern winters and hospitals cool through summer. We help small businesses focus on serving their communities, and our renewable fuels keep our country’s infrastructure running. From importing wind energy components to deploying leading-edge solar technology to help power terminal facilities, we are committed to continually evolving to meet our customers’ changing energy needs.

Our Associate Risk Analyst is responsible for the daily mark to market of the Refined Products (RP) Supply portfolio, the daily processing of the RP Supply PnL (profit and loss) reports, the end of day tie out of expected results with the trading desk, the daily reconciliation of financial trading positions to broker statements, and daily risk limit compliance reporting. Our Associate Risk Analyst will interact with the RP Risk Analyst to ensure all daily and month end requirements are completed.

Our ideal candidate has an accounting/financial background with strong computer skills who enjoys analyzing data and reconciling variances. The job requires heavy usage of excel spreadsheets with pivot tables as well as VBA macros. This position is also expected to support the Nat Gas Middle Office team as needed.

This opportunity will be hybrid with at least three days in the Portsmouth, NH office.

Do you like to solve problems and consider yourself forward thinking? If you are looking for a place to challenge yourself, then Sprague is your place. Sprague employees are dedicated and driven. We work best as a team, knowing that collaboration leads to innovation and the best customer experience. We are looking for hardworking colleagues to join us and help us stay at the forefront of the energy industry, which is where we’ve been for over 150 years.

Requirements

• Undergraduate degree in Accounting, Economics or Finance with 2 to 4 years of relevant business experience.
• Strong computer literacy, Advanced Microsoft Excel skills
• Extremely detail oriented
• Ability to prioritize daily tasks according to business need, in collaboration with team members in fast paced, stressful environment
• Excellent written and verbal communication skills

Nice To Haves

• Energy industry experience is a plus
• Ion Right Angle experience desired

Responsibilities

• Monitor, track and report Refined Products Supply physical/financial positions and mark to market valuation daily to traders and upper management.
• Primary liaison between Refined Products traders and Refined Products Accounting analysts to resolve position data discrepancies and position valuation questions.
• Updating/maintaining trading system reference data, from book reporting structure to instrument creation in RightAngle (ETRM)
• Monitor/report compliance with Risk Limits applicable to Refined Products daily.
• Support month end accounting close.
• Constant interaction with Director, Middle Office regarding risk assessment monitoring/reporting.
• Handle ad-hoc requests from traders and other stakeholders.

Benefits

• medical benefits
• retirement contributions that start on your first day
• three weeks (15 days) of paid vacation time per year
• tuition reimbursement
• paid volunteer time
• 401(k) Traditional and Roth plans with employer match of 100% of the first 6% of the employee’s contribution
• Defined Contribution Plan with an automatic contribution from Sprague
• Choice of high deductible and PPO Health Plans to fit your individual needs
• Wellness Program

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level