Commercial Risk Analyst - Middle Office
About The Position
The Commercial Risk team supports Marathon’s Supply and Trading functions. The team adds value by measuring and reporting market risk as it relates to commercial trading and hedging activity as well as by performing financial analysis and reporting. The role is critical to understanding daily trading performance and ensuring the organization is deriving value from its supply and trading operations using deep financial analysis skills coupled with a strong commercial acumen. The team ensures financial results align with market conditions thereby providing an independent oversight of trading performance and ensuring activities remain within defined boundaries set by the company. As part of the team, you will expand your understanding of the oil energy markets. This will include how various oil commodities are priced and how purchase and sale transactions and related transportation costs impact the associated trade. You will also develop a deeper appreciation of how financial instruments are used to hedge and used to minimize the risks associated with the physical side of the transactions. You will gain a better understanding of the concept of price exposure and of Marked to Market (MtM) methodologies and how they apply to the oil energy markets. This role opens future opportunities to join commercial teams to supply and trade commodities in an exciting and expanding company and industry.
Requirements
- Bachelor’s degree in Accounting, Finance, Economics, or related discipline required.
- Zero (0) to two (2) years of experience in analysis and reporting of supply and trading portfolios.
Nice To Haves
- Ability to use and create Power BI reports preferred
- Exposure to Right Angle preferred
Responsibilities
- Performs daily financial analysis on system generated daily MtM trading performance and issues reports on the portfolio priced position and results.
- Collaborates with other team members and stakeholders including Accounting, Refining Operations, Schedulers and Traders, designing and enhancing processes and procedures to enable accurate and timely priced position information.
- Validates inputs to MtM results for accuracy and consistency with policies and procedures, tests and validates new data sources enabling faster and more accurate compilation of position data.
- Develops and maintains analysis reports and performs special analysis as requested by senior management.
- Supports design, development, and implementation of the Supply & Trading portfolio structure.
- Maintains weekly and monthly analysis reports.
Benefits
- access to health, vision, and dental insurance
- paid time off
- 401k matching program
- paid parental leave
- educational reimbursement
- discretionary company-sponsored annual bonus program
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
