Associate Risk Analyst / Risk Analyst / Sr. Risk Analyst, Commercial Risk & Pricing

Our Favorite CITGO Perks are:

• Remote Work options available for eligible positions • Options are department and/or location specific • 9/80 Work Schedule Option (where applicable) • Annual Vacation Incentive (40-120 hours of additional pay) for Eligible Employees • Paid Vacation Time • Company-Paid Holidays • Parental Leave • Excellent 401(k) Match • Pension Plan • Company-Paid Sick Leave and Long-Term Disability • Medical, Dental, & Vision Plans; FSA and HSA options • Company-Paid Life Insurance for Active Employees • Healthy Rewards Program • Service Awards Program • Educational Assistance Plan • Dependent Children Scholarships • Reimbursement for Gym Membership • Employee Discount Programs • On-site Health Clinic • On-site Cafeteria (select locations) • On-site Credit Union and ATM (Corporate office only) • On-site Fitness Center (select locations) PLEASE NOTE ALL JOBS DO NOT QUALIFY FOR ALL PERKS

Relocation

Relocation Benefits are not available for this position.

Note

Employer will not sponsor visas for position

Job Summary

Associate Risk Analyst:

The CITGO Commercial Risk & Pricing team is responsible for ensuring that CITGO Supply & Trading activity is appropriately classified, measured and controlled for Risk. As a member of this team (Associate Analyst, Analyst, or Senior Analyst) you will be responsible for analyzing one or more portfolios and reporting on risk exposure and mark-to-market P/L on a daily basis. You should be comfortable working with various roles in the front-, mid-, and back-offices, including traders, schedulers, and finance and accounting professionals. Emphasis will be placed on the timeliness, completeness and accuracy of your analysis and reporting.

Risk Analyst:

The CITGO Commercial Risk & Pricing team is responsible for ensuring that CITGO Supply & Trading activity is appropriately classified, measured and controlled for Risk. As a member of this team (Associate Analyst, Analyst, or Senior Analyst) you will be responsible for analyzing one or more portfolios and reporting on risk exposure and mark-to-market P/L on a daily basis. You should be comfortable working with various roles in the front-, mid-, and back-offices, including traders, schedulers, and finance and accounting professionals. Emphasis will be placed on the timeliness, completeness and accuracy of your analysis and reporting.

Senior Risk Analyst:

The senior Risk Analyst role is responsible for capturing, measuring, and reporting CITGO's trading activity results by establishing risk management reports, processes, and tools; developing strategies for risk management; interfacing with the commercial trading, compliance, and finance organizations; and championing risk management practices and culture through training. This function will provide analysis for forward price curve development, daily mark-to-market analysis, risk limits, and reporting of economic P&L for physical and financial trading positions

Minimum Qualifications

Associate Risk Analyst:

Degree:

• Bachelor's Degree in a quantitative discipline such as Finance, Accounting, Systems, Math, or Engineering.

• Master's Degree Preferred.

The minimum number of years of job related experience required by this job is:

• 0 - 2 years of professional work experience

List any specialized training or unique skills required:

• Strong interpersonal skills, including verbal and written communication skills, teamwork, and conflict management

Risk Analyst:

Degree:

• Bachelor's Degree.

• Master's Degree (MBA) Preferred.

The minimum number of years of job related experience required by this job is:

• 2 - 7 years of professional work experience in Finance, Accounting, Risk, Operations or Trading on a commodity trade floor, or Masters (or greater) degree equivalent in a relevant field of study (MBA, Energy Risk Management, Data Analytics, etc.)

List any specialized training or unique skills required:

• Proficiency with ETRM systems (ION RightAngle, etc.) and/or analytics tools (Power BI, Alteryx, etc.).

• Strong interpersonal skills, including verbal and written communication skills, teamwork and conflict management.

Senior Risk Analyst:

Degree:

• Bachelor's Degree.

• Master's Degree (MBA) Preferred.

The minimum number of years of job related experience required by this job is:

• 7+ years combined professional work experience in Finance, Accounting, Risk, Operations or Trading on a commodity trade floor, or Masters (or greater) degree equivalent in a relevant field of study (MBA, Energy Risk Management, Data Analytics preferred).

List any specialized training or unique skills required:

• Expert proficiency in daily risk processes and systems (ION RightAngle ETRM, Alteryx, Power BI, etc.).

• Strong interpersonal skills, including verbal and written communication skills, teamwork and conflict management.

Job Duties

Associate Risk Analyst:

• Publish daily mark-to market- P/L and risk exposure position reports to the front office and executive management.

• Monitor mark- to- market P/L and risk exposure positions against internal limits and controls.

• Provide commentary to explain daily mark-to-market change, including curve shift and new or changed deal activity.

• Contribute to accurate measurement (including confirmation of prices and risk positions) and troubleshooting of value-at-risk for your portfolio(s)

Risk Analyst:

• Publish daily mark-to market- P/L and risk exposure position reports to the front office and executive management.

• Monitor mark- to- market P/L and risk exposure positions against internal limits and controls.

• Provide commentary to explain daily mark-to-market change, including curve shift and new or changed deal activity.

• Contribute to accurate measurement (including confirmation of prices and risk positions) and troubleshooting of value-at-risk for your portfolio(s)

• Contribute to excellence and continuous improvement in risk reporting processes, including development of new tools, deployment of new technologies, etc.

• Train and develop less experienced analysts in risk processes and systems.

• Display ETRM system expertise and thorough understanding of vaulation inputs and troubleshooting.

Senior Risk Analyst:

• Publish daily mark-to market- P/L and risk exposure position reports to the front office and executive management.

• Monitor mark- to- market P/L and risk exposure positions against internal limits and controls.

• Provide commentary to explain daily mark-to-market change, including curve shift and new or changed deal activity.

• Contribute to accurate measurement (including confirmation of prices and risk positions) and troubleshooting of value-at-risk for your portfolio(s)

• Contribute to excellence and continuous improvement in risk reporting processes, including development of new tools, deployment of new technologies, etc.

• Train and develop less experienced analysts in risk processes and systems.

• Display ETRM system expertise and thorough understanding of valuation inputs and troubleshooting.

• Serve as a resident expert on the trade floor to resolve ETRM data discrepancies resulting from user error, improper configuration, etc.

• Display understanding of full deal lifecycle and be willing and able to lift the performance of the whole risk team in challenging moments (end of month, system upgrades, etc.)

• Assume lead role in ETRM and other IT-driven projects and testing.