Logo
CV Library

Oil and Gas Trade Specialist

CV Library, Houston, TX, United States


Primary Talent Partners has a 12 Month Contract with one of our Huge Oil and Gas Clients in Houston, TX

Responsibilities May Include:

• Gas & Power Markets Compliance Support – Support our Commercial traders in trading North American Physical Gas and Power markets, including understanding relevant market rules; applicable regulations; and compliance requirements for new market authorizations.

• Gas & Power Commodity Derivative Trading – Tracking relevant rules and regulations related to gas & power commodity derivative trading activity on exchange and over-the-counter. Ensure traders are aware of their compliance obligations and responsibilities to the exchanges and applicable regulators.

• Trade Surveillance – Conduct risk-based trade surveillance of gas and power commodity derivative trading conducted on US exchanges, using standard indicator reports in the Nasdaq Trade Surveillance (‘NTS’) tool to identify potential exceptions such as wash trades; spoofing; market manipulation; etc. Also conduct ad-hoc and event driven market, product, trading strategy, investigations.

• Position Limits - Evaluate daily futures and option positions to ensure compliance with regulated exchange position limits (i.e., Intercontinental Exchange and NYMEX/CME Group)

• Compliance Awareness and Learning – Assist Global CTC Team in increasing trading personnel’s awareness of relevant rules and regulations, by creating and implementing tailored and engaging online and face-to-face learning modules.

• Internal Compliance Controls – Ensure trader compliance of internal controls and policies, including authority limits, late trades, etc. Maintain and enhance internal monitoring reports, and escalate potential internal policy violations to management.

• Compliance Investigations – Support the GEC Ethics Department and Chief Compliance Officer in conducting internal investigations of trader behavior as required, summarizing key issues as appropriate.

• External Regulatory Awareness – Maintain compliance and regulatory knowledge of CFTC, FERC, and ISO rules for power, renewables, and gas markets.

• Compliance Advisory – Monitor changes to regulatory requirements and exchange rules and communicate impact to relevant internal stakeholders, including Trade Managers, Traders and back-office functions. Provide timely, accurate advice and guidance on compliance and regulatory issues.

Required Experience/Knowledge/Competencies:

• Ability to work - Legally authorized to work in the job posting country

• Education – Minimum education qualification required is a Bachelor's degree

• Commercial Trading Exposure – Three years or more years of experience supporting a Commercial Trading function, with exposure to front and mid-office trading activities.

• Product and Market Knowledge - Knowledge of gas products, ISO/RTO power products (including FTRs and Virtual trades). Commercial competence of traded products, markets, and strategies, both physical and paper-based trading. Demonstrate knowledge of CFTC, FERC, and ISO rules for power, gas, and renewables markets.

• Collaborative - Engaged self-starter who can work independently demonstrating personal drive and taking own initiative yet can collaborate and work effectively in a global team.

• Judgement – Sees big picture; acts based on problems; ability to effectively prioritize

• Energy – Is engaged and self-motivated.

• Problem Solving - Is able to face new challenges and seek solutions; not merely task focused; can ask the right questions.

• Trust – Follows through on commitments and is candid.

• Relationships – Collaborative and collegial. Ability to interact with multiple internal and external stakeholders.

• Resilience - Solution focused; strong ability to bounce back from setbacks; willing to push through. Ability to face new challenges, seek solutions and ask the right questions.

• Focus – Ability to prioritize, both daily workload and short-term goals.

• Accountability - Takes ownership for making things go right; takes ownership when things go wrong.

• Learning – Utilizes experiences to learn and to grow

• - Open to different points of view; seeks to understand others; seeks out and encourages multiple perspectives.

Experience/Knowledge/Competencies:

• Trade Surveillance tools - Experienced in using the Nasdaq Trade Surveillance (‘NTS’) tool or similar monitoring system.

• Commodity Trading Systems - Familiarity with Energy Trading and Risk Management (‘ETRM’) systems such Allegro, Right Angle, Aligne and SAP4.

• North American Commodity Regulations – Strong knowledge of the U.S. commodities regulatory environment and applicable laws including Dodd-Frank, the Commodity Exchange Act and knowledge of Designated Contract Market rules.

• Microsoft PowerBI - Working knowledge of PowerBI for creating tailored reports and dashboards.

• Gas and Power Trading Regulations - Proficient knowledge of regulations, exchange rules, relevant laws, and typical internal policies related to North American physical and financial gas and power trading.

Primary Talent Partners is an Equal Opportunity / Affirmative Action employer committed to in the workplace. All qualified applicants will receive consideration for employment without regard to , , , , , , , , protected veteran status, , or any other factor protected by applicable federal, state, or local laws.

If you are a person with a needing assistance with the application or at any point in the hiring process, please contact us at (url removed)

#PTPJobs

#LI-PTP