Overview
A leading petroleum refining organization is seeking a Commercial Pricing Supervisor to oversee the design, development, and maintenance of forward and market price curves for all physical and derivative products within its trading portfolio. This role provides leadership and strategic direction to the risk pricing team, ensuring best practices in curve design and compliance with internal and external requirements.
Responsibilities
- Lead the design, implementation, and continuous improvement of forward and market price curves within the Energy Trading and Risk Management (ETRM) system.
- Manage the commercial pricing/risk team responsible for market and forward curve creation, calibration, validation, and reporting.
- Allocate responsibilities, manage daily workflow, and support professional development of team members.
- Supervise analysts in configuring price curves, market data, and valuation parameters, ensuring compliance with approved methodologies and business requirements.
- Provide expertise and oversight for complex derivatives, structured products, and custom valuation models.
- Validate portfolio valuations and support reconciliation processes with Finance, Accounting, and Treasury.
- Collaborate with Commercial, Risk Control, IT, and Accounting departments to drive process improvements and automation related to pricing and risk management.
- Ensure compliance with company policies, SOX controls, audit requirements, and regulatory standards.
- Participate in design, testing, and implementation of ETRM system upgrades and new analytical tools.
- Champion data integrity, documentation, and governance best practices for all curve and pricing-related data.
- Serve as subject matter expert for ETRM portfolio valuation, price exposure, and risk analytics.
Note: Job duties are not all-inclusive; site-specific responsibilities may be assigned.
Requirements
- Bachelor's degree with 8 years of related experience, or a minimum of 7 years in commodity market risk management with at least 2 years in a supervisory or managerial role preferred.
- In-depth knowledge of exchange derivative contract specifications (e.g., ICE, CME) and industry price reporting methodologies (e.g., Argus, Platts, OPIS) for building ETRM curves.
- Experience establishing risk processes, managing IT systems, and leading organizational performance improvements within a risk pricing context.
- Comprehensive understanding of energy commodity market structures, focusing on crude oil, refined products, and related commodities such as RINs.
- Advanced proficiency with ETRM software platforms (e.g., ION RightAngle) and analytical tools (e.g., Power BI).
- Strong quantitative skills in finance, economics, mathematics, or engineering.
- Excellent interpersonal and leadership skills, including communication, teamwork, conflict management, and mentoring.
Preferred Qualifications
- Experience with complex derivatives and structured product valuation.
- Proven ability to lead cross-functional collaboration and drive process automation.
Compensation & Benefits
- Remote work options available for eligible positions (department/location specific).
- 9/80 work schedule option where applicable.
- Annual vacation incentive (40-120 hours of additional pay) for eligible employees.
- Paid vacation time and company-paid holidays.
- Caregiver leave.
- 401(k) match and pension plan.
- Performance incentives.
- Company-paid sick leave and long-term disability.
- Medical, dental, and vision plans with FSA and HSA options.
- Company-paid life insurance for active employees.
- Healthy rewards program.
- Service awards program.
- Educational assistance plan and dependent children scholarships.
- Gym membership reimbursement.
- Employee discount programs.
- On-site health clinic, cafeteria, credit union, ATM, and fitness center at select locations.
Note: Not all jobs qualify for all perks.
Location
Positions are available at refinery and corporate locations in Lake Charles, LA; Lemont, IL; and Corpus Christi, TX, with some remote work options depending on department and location.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or disability.
Requisition ID: 1980