Alberta, Canada

Job Family Group:

Commercial and Retail

Worker Type:

Regular

Posting Start Date:

August 5, 2024

Business unit:

Downstream and Renewables

Experience Level:

Experienced Professionals

Job Description:

itle        Trading Analyst – LCF Canada (Calgary)

Purpose        This Analyst will support the Canadian LCF desk.

 

New regulations are driving significant increases in low carbon policy complexity. The LCF Canada team has experienced significant growth and faces unique requirements in market analysis and desk management.

 

Analysts interact with RTL, Traders, Operators, Tradebook Recon Analyst, Back Office, and Operations Analyst on a constant basis. This role requires analytical acumen and experience drawing conclusions from a mix of public and proprietary information, as well as confidence managing short deadlines and handling sensitive matters with energy and accuracy.

 

Periodically, assignments of special projects in LCF where cooperative interaction between trading/scheduling and accounting is deemed necessary can be expected.

Accountabilities        •        Prepare and maintain short- to mid-term Supply & Demand analyses of varying scope, in conjunction with the global LCF analysis team

•        Develop, in concert with traders and sales personnel, business and trading strategies supported by market intelligence

•        Partner with trade desk to optimize portfolio of assets to maximize value and manage risk

•        In addition, the successful applicant will provide desk management support to the trading team:

o        Deal Entry & Exposure tracking/management

o        Enter storage provisions and track business costs against planned offsets

o        Variable Costs Reconciliation

o        Manual Price True ups

o        Internal SLA deal entry, volumes, and pricing

o        Contracts questions/Endur revisions

o        Interbook/Regrade/Loss-Gain contract entry

o        Set up of new counterparties

o        Flattening of exposure and signal Risk to close deal groups

o        Resolve pnl and exposure issues

o        Reconcile Tradebook

o        Assist on special projects

Dimensions        Ability to multitask in a fast-paced environment under pressure

 

This position gives an individual an opportunity to interact with Products Regional Team Leaders, Physical Traders, Operators, Pricing Analysts, and Tradebook Recon Analysts

Special Challenges        The job requires an ability to maintain a high level of accuracy and time awareness within a stressful environment.

Development Opps       

Position Comment        Relationships are crucial in this role.  A financial background is preferred.

Required Experience Qualification        •        Prior experience with trading ERPs – successful candidate will be expected to develop strong knowledge of Shell Trading systems including Endur

•        A strong EXCEL background is a necessity, as well as the ability to multitask in a fast-paced environment under pressure situations

•        Bachelor’s Degree in accounting and/or Finance

•        Minimum of 3 years work experience in financial/accounting field within the oil and gas industry

•        Strong analytical and problem-solving aptitude

•       

•        Strong interpersonal and team building capabilities

•        Knowledge of multiple trading accounting IT systems (e.g. OLE/ Endur; Qlikview, etc.

•        Proficiency for detail and meeting deadlines

•        Systems knowledge or strong learning aptitude for new systems in business related applications and tools

Required Experience Comments       

Position Definition        This position requires a blend of effective problem-solving abilities and strong diplomatic/relationship building skills.

 

In addition, critical thinking, ability to deal with ambiguity, self-starter, high level of accuracy, and resilience are core competencies.

 

The Analyst should be able to work cooperatively within a dynamic, fast paced and business critical trading environment.

 

Successful candidate will interact with the traders and schedulers performing deal entry, contract revisions, monthly reconciliation for tradebook and other related tasks listed under Position Description.

 

Analyst must be on floor and available during Trading / Operator work hours.

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