Jobs · Finance · Texas

Retail Portfolio Manager - East

bp · Houston, TX · Yesterday
HybridFinanceFull-time

About the role

The Retail Gas Portfolio Manager facilitates and transacts all retail commercial and industrial natural gas customer hedge activity. Responsibilities include:

  • Executing strategy for market access, price discovery and transaction execution in approved products
  • Hedge and optimize activity around bpERC’s retail natural gas customer portfolio
  • Maintain and provide transactable prices for approved tradable products as well as market information to relevant functions
  • Support and manage forecasted load deviations and exposures in prompt and cash months
  • Optimize portfolio assets and obligations such as supply, interstate transport and storage
  • Work closely with bpEC’s wholesale trading desk for price discovery and execution
  • Price, manage, and book deals consisting of a variety of standard and non-standard products
  • Manage the risk associated with a standard and non-standard product portfolio while adhering to allocated risk limits
  • Identify structured supply or customer opportunities and participate in closing transactions when necessary
  • Collaborate with the Sales and Marketing team to help guide their efforts to provide opportunities that are aligned with trading ideas and geographic locations
  • Build and maintain databases as necessary
  • Understand and comply with all internal policies as well as those of CFTC, SEC, FERC, and any other regulatory body or exchange

Requirements

  • Bachelor’s degree required in business, marketing or quantitative field such as math, statistics, IT, quantitative finance or engineering
  • Mid level experience or comparable skills of energy trading and portfolio management and optimization, retail/wholesale customer pricing and hedging
  • Strong working knowledge of the C&I retail gas industry and wholesale energy complex
  • High level of proficiency in Excel and ability to work within the Endur ETRM
  • Analytical skills required for pricing, risk assessment and transaction structuring
  • A strong individual contributor with consultative style and aptitude for collaboration and teamwork
  • Skilled at working across multi-disciplinary functions and departments including sales, physical operations and risk management
  • Proficient in collecting, querying, organizing and analyzing complex data, evaluating information and drawing logical conclusions

Similar jobs