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