RISK ANALYST

Overview

CITGO Petroleum Corporation is a recognized leader in the refining industry. CITGO owns and operates three refineries located in Lake Charles, LA;
Lemont, IL; and Corpus Christi, TX, and wholly and/or jointly owns 38 active terminals, six pipelines and three lubricants blending and packaging plants. With approximately 3,300 employees and a combined crude capacity of approximately 807,000 barrels-per-day (bpd), CITGO is a major supplier in the industry. Our core values are Safety, Integrity, Respect, Accountability, and Care.

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.

• 2 years of relevant work experience or masters or greater degree in relevant field of study.
• 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.)
• Proficiency with ETRM systems (ION Right Angle, etc.) and/or analytics tools (Power BI, Alteryx, etc.)
• Strong interpersonal skills, including verbal and written communication skills, teamwork and conflict management

• 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.

Job duties displayed above are not all-inclusive; site-specific responsibilities may be assigned.

• 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
• Caregiver 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 (select locations)
• On-site Cafeteria (select locations)
• On-site Credit Union and ATM (Corporate office only)
• On-site Fitness Center (select locations)

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or disability.

Requisition  - 1128