Job Location: Shell, Houston, TX, 77007, USA
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**Auto req ID** 70515BR **Job Title** Trading Analyst - Products (Houston, TX) **Country of Work Location** United States **City, State (if applicable)** Houston, TX **Work Location** Houston - One Thousand Main **Company Description** Shell is a global group of energy and petrochemicals companies with over 90,000 employees in more than 70 countries and territories. In the US, we have operated for over a century and are a major oil and gas producer onshore and in the Gulf of Mexico, a recognized innovator in exploration and production technology, and a leading manufacturer and marketer of fuels, natural gas and petrochemicals. We deliver energy responsibly; operate safely with respect to our neighbours and work to minimize our environmental impact. We are in search of remarkable people who will thrive in a diverse and inclusive work environment to deliver exciting projects locally and globally. People who are passionate about exploring new frontiers. Innovators and pioneers. People with the drive to help shape our future. Because remarkable people achieve remarkable things. **Job Description** This Middle Distillates Trading Analyst position is part of the Global Middle Distillates team. This exciting role will have the primary responsibility for accurately representing high frequency deal capture and cost accuracy in a dynamic frontline environment. This role joins a team of existing Trading Analysts and is seated with the traders to ensure: overall tradebook reconciliation accuracy in STUSCO systems, all cost and provisioning accuracy, timely transaction entry and thorough handling of P&L discrepancies. Due to the role’s heavy emphasis on communication, teamwork and interpersonal effectiveness, the successful candidate will be willing to enter a learning environment where outstanding interpersonal skills are required. The candidate facilitates the desk’s dynamic growth initiatives across Global Middle Distillates’ strategies including: Global distillates cargo arbitrage, asset based transactions post-Motiva split up, Project Phoenix Aviation/Jet trading, Make-Buy-Blend initiatives, FSM/Retail integration projects, new Rack sales outlet in Northeast USA, etc. One key metric will be to ensure a high level of tradebook transaction accuracy for Regional Team Leader signoff at the end of each quarter. There is the expectation that this role would expose the individual to a steep learning curve by working in a dynamic frontline dealmaking environment. By joining a highly experienced trading team that trades across North America and Latin America (and globally), the candidate will benefit from Shell Trading’s longstanding role as a leader in distillates markets. It is fully expected that the successful candidate will grow the multi-disciplinary skills and trading knowledge to succeed in a physical trading enterprise. The purpose of this role is to embed a highly specialized skillset in the STUSCO Middle Distillates team to accomplish these goals: 1.) Manage the Americas Distillates tradebook transaction growth: The Middle Distillates tradebook has over 5,000 transactions/year and this will grow with these new initiatives: Business growth around Motiva separation assets, Project Phoenix Integrated jet, Make-Buy-Blend initiatives, FSM/Retail growth, Marine Gasoil expansion, etc. STUSCO Distillates trading is active across the Americas and with Shell Trading’s global offices. This challenging position is designed to grow your skillset by working closely with frontline traders to ensure overall tradebook accuracy, cost accuracy, provisions, inventory, P&L analysis for key stakeholders, assist in hedging programs, etc. The role requires effective interfacing and communication skills with T&S support groups and internal/external stakeholders. The Middle Distillates Trading Analyst role is the process owner for the following tasks: a.) Deal entries, amendments, discrepancies. b.) Variable cost entry and reconciliation. c.) Enter all PPA fees and address all PPA invoices/PIMs requests. d.) Fee true-ups (estimate-to-actual). e.) Manual Price True-ups. f.) Deer Park Joint Venture physical oil deal entries. g.) Manage discrepancies related to price, fees, and payment dates while collaborating with the Trader. h.) Blueprint superuser / defect / issue troubleshooter i.) Oil contract questions. j.) Interbook/Regrade/Loss-Gain entries to keep inventory accurate by location and grade. k.) Set up new counterparties, brokers, locations, delivery methods, Storage. l.) Interact with Risk Control to resolve exposure/PNL discrepancies due to deal input or system errors with trader guidance. m.) Demonstrate exceptional interpersonal skills with traders, operations, accounting and contracts to resolve discrepancies effectively. n.) Play a key role in ensuring tradebook accuracy around growth projects related to T&S integration, Aviation/Jet growth, Latin America cargo trading growth, asset integration post Motiva split up (integration of Norco and Convent Refineries and 5 Terminals in the Northeast USA). o.) Offer key assistance to book structure and accounting issues related to FSI (Foreign sourced Income). p.) Input and make recommendations to improve the goal of tradebook inventory accuracy. q.) Ensure tradebook accuracy for Regional Team Leader quarterly signoff. The trading transaction intensity and complexity around the distillates trading in the Americas is rapidly increasing. The Trading Analyst position maintains Tradebook control and timely accuracy of transactions in Shell’s Endur systems. This includes learning and tracking down the root cause of P&L discrepancies, performing daily hedging aggregation, overnight FSM/Retail rack sales volumes, entering transactions, costs, gain/losses, storage fees, additive costs etc. The overall goal of the role is to maintain the highest standard on tradebook accuracy and guarantee the desk is in line with Shell’s compliance and control framework. Teamwork with colleagues and support of the trader’s tradebook are key elements of success in this role. **Requirements** The ideal candidate will be: Committed to outstanding interpersonal relationships and communication skills. Motivated by being part of a dynamic frontline trading team. Capable of working with many different trader styles. Experienced in trading organizations and trading systems. Experienced with IO/ENDUR/SAP and STUSCO tradebook reconciliation practices and norms. Meticulous in attention to detail Structured approach to a variable workflow. High Numeracy and good analytical skills. Highly motivated self-starter, proactive problem solver. Ability to operate in a complex and dynamic environment under some time pressure. Ability to handle multiple reports and systems to ensure accuracy. Must have the desire and ambition to learn and grow their career/knowledge base in the products trading business. Must have a bachelor's degree Must have at least two (2 ) years applicable experience. *LI-MA **No. of Positions** 1 **Disclaimer** Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date. Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Royal Dutch/Shell Group companies around the world. The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand. Shell participates in E-Verify. All qualified applicants will receive consideration for employment without regard to race, color, sex, national origin, age, religion, disability, sexual orientation, gender identity, protected veteran status, citizenship, genetic information or other protected status under federal, state or local laws. Shell is an Equal Opportunity Employer - Minorities/Females/Veterans/Disability. **Removal Date** 09-Mar-2018
Website : http://www.shell.com/
We aim to meet the energy needs of society in ways that are economically, socially and environmentally viable, now and in the future. Learn about our business and people, and how a small shop in London nearly 200 years ago grew to become one of the world’s major energy companies. Royal Dutch Shell was formed in 1907, although our history dates back to the early 19th century. Our headquarters are in The Hague, the Netherlands, and our Chief Executive Officer is Ben van Beurden. The parent company of the Shell group is Royal Dutch Shell plc, which is incorporated in England and Wales. Our strategy seeks to reinforce our position as a leader in the oil and gas industry, while helping to meet global energy demand in a responsible way. Safety and environmental and social responsibility are at the heart of our activities.We believe that oil and gas will remain a vital part of the global energy mix for many decades to come. Our role is to ensure that we extract and deliver these energy resources profitably and in environmentally and socially responsible ways. We seek a high standard of performance, maintaining a strong and growing long-term position in the competitive environments in which we operate. We aim to work closely with our customers, our partners and policymakers to advance a more efficient and sustainable use of energy and natural resources.Our people are central to the delivery of our strategy. Working together on some of the most innovative and exciting energy projects in the world, from the world’s deepest offshore oil and gas field to the largest floating liquefied natural gas production facility, we are making an impact on the future of energy. A diverse workforce and an inclusive work environment are vital to our success, leading to greater innovation and better solutions.