Job Description
SUMMARY
The purpose of this job is to generate, track and execute trade confirmations for various types of physical and financial energy commodity trades including, but not limited to, crude, refine products and NGL's.
ESSENTIAL FUNCTIONS
- Generate, track, and execute trade confirmations for various types of physical and financial energy trades including and not limited to Crude, Refined Products and NGL.
- Provide initial redline review of various contracts as directed by Confirmations Manager.
- Resolve discrepancies and inaccuracies in contracts by communicating with Traders, Counterparties and Brokers; escalate issues to Confirmations Manager.
- Draft waterborne agreements with the direction of Contracts Manager, Compliance, Waterborne Scheduling team, and Trading team
- Reconcile broker recaps with deal recaps; generate contract exception reports for Confirmations Manager
- Review inbound confirmation received and reconcile to risk system trade details
- Adhere to risk control guidelines for trade confirmation process; follow up on Confirmations that are non-compliant with confirmation timelines
- Collaborate and support the Commercial Credit Team
- Provide oversight and guidance to level I/II Confirmation Analysts
- Provide backup to Confirmations Manager, as directed
- Model behaviors that support the company’s common purpose; ensure guests and team members are supported at the highest level
- Ensure all activities are in compliance with rules, regulations, policies, and procedures