Job Description
The purpose of this role is to work with traders in multiple capacities. These include managing book positions, verifying PnL, conducting market research and other functions in Pilot Flying J’s (PFJ) energy business.
Essential Functions
- Track and manage diesel and gas trading desks’ book positions and PnL using Microsoft Excel
- Ensure physical positions are hedged properly for assigned traders’ books
- Prepare Trade at Settlement (TAS) execution for all Pilot entities on a daily basis
- Assist traders in execution of trades in the market
- Perform market research and analysis related to energy, oil and gas
- Track vessel imports and exports into the US from various markets
- Manage and post Exchange of Futures for Physical Contracts (EFPs) for Pilot and Saratoga. Responsible for other matters related to EFPs
- Daily communication with PFJ’s Futures Clearer on matters related to EFPs
- Responsible for position management of subaccounts for assigned traders
- Publish and distribute end of day positions and PnL estimates for assigned traders
- Provide ad hoc research and analysis per trading team’s request
- Monitor and report company-wide expiry limits at end of each calendar month
- Track and manage cross exchange switch opportunities
- Assist Mid Office team in issues related to PnL and positions
- 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
- Complete other duties as assigned
- Coordinate product allocations and customer set ups at terminals
- Track blending and cargo PNL calculations
- Track RIN/RVO/LCFS balances and trade executions