Analyst, Senior Risk Control in Houston, TX

Description

Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. Our services include: natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage and import and export terminals; crude oil gathering, transportation, storage and terminals; petrochemical and refined products transportation, storage and terminals; and a marine transportation business that operates primarily on the United States inland and Intracoastal Waterway systems. The partnership's assets include approximately 50,000 miles of pipelines; 260 million barrels of storage capacity for NGLs, crude oil, refined products and petrochemicals; and 14 billion cubic feet of natural gas storage capacity.

Make the most of your talents in a fast-paced environment driven by people who strive for achievement.  Enjoy corporate strength, stability, and a rewarding career at a growing industry-leading and diverse operating company with a track record for success.  Tap into the professional possibilities of Enterprise Products Company.

The Senior Risk Control Analyst is a key mid-office position supporting the commodities marketing groups and interfacing with commercial, risk management, scheduling, and accounting at all levels of the organization.  The senior analyst is accountable for ensuring a robust control environment that requires a deep understanding of not only risk control functions, but the crude oil and natural gas liquids business as a whole.  The successful analyst is driven to provide accurate and timely information that supports business decision making and ensures compliance with internal and external regulatory entities.  Responsibilities include, but are not limited to:

• Develop a robust understanding of the crude oil and natural gas liquids (NGLs) market structure, business strategies, and exposures that can be leveraged to provide expert-level analysis and analytics.
• Generate, analyze and explain daily and monthly positions, P&L, exposure, capital usage reports and analytics to support business decision making.
• Monitor, control and report daily transaction activity from financial, crude oil and natural gas marketing desks to ensure compliance with approved risk management policies.
• Manage end-of-day financial trade processing to ensure accurate trade capture in energy trading risk management and hedge accounting systems.
• Perform daily reconciliations between financial institutions (clearing firm's members) and trade capture systems.
• Monitor hedging programs to ensure compliance with approved risk management objectives.
• Provide analysis and recommendations for acceptable hedge instruments and practices to ensure compliance with hedge accounting requirements.
• Provide timely and complete analysis of daily P&L and position changes as well as perform ad-hoc analysis as requested by marketing and risk leadership.
• Prepare monthly hedge accounting analysis in conjunction with Derivatives Accounting and Marketing Accounting as well as provide explanations around monthly transaction activity to support the accounting close.
• Proactively assess and improve processes and procedures to ensure information integrity in a fast-paced and ever-changing environment.
• Work closely with IT team members to design, validate, implement, troubleshoot and maintain various system solutions for updates to volumes, prices, tariffs, fees, bulk transactions, contractual capacities and other variables used for both positions and P&L reporting.

The successful candidate will meet the following qualifications:

• Bachelor's degree in accounting, finance, economics, statistics or related technical discipline is required; Master degree is preferred.
• A minimum of 4 years of experience in related energy markets and/or industrial sector (i.e. oil & gas production, marketing, petrochemical, refinery, LNG, etc.) is preferred. 
• Detailed knowledge of Crude Oil marketing activity is preferred.
• The Ability to grasp and accurately communicate complex transactions and models to varying levels of the organization while highlighting pertinent information for a targeted audience.
• Detailed knowledge of financial derivative instruments such as forwards, futures, swaps, and options is preferred.
• Advanced proficiency in Microsoft Excel is required while extensive experience performing data mining, modeling and analysis with Excel is preferred.
• Experience with an ETRM system like Endur – OpenLink, Right Angle or Sungard and reporting platforms like Business Objects is preferred.
• Ability to work in a diverse, fast-paced and team oriented environment with flexibility to work the hours needed to meet critical reporting and project deadlines.  Must be extremely reliable.
• A strong desire to obtain intimate knowledge and understanding of the company's assets, defined risk management objectives and work process/system portfolio and strategy structure is essential.