Refined Products Trader Job at Guttman Energy, Inc., Belle Vernon, PA

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  • Guttman Energy, Inc.
  • Belle Vernon, PA

Job Description

Company Summary

Guttman Holdings, Inc. is a 100% employee-owned energy Company and the parent organization of Guttman Energy, Guttman Renewables, and Source One Transportation.

Those three entities united to form Guttman Holdings on November 30, 2022, under an Employee Stock Ownership Plan (ESOP). Since then, each entity has maintained their individual name and operations while collectively focusing on continued growth and success.

The Guttman businesses operate in the refined petroleum products market, providing customized fueling solutions for industrial, commercial, retail, governmental, and transportation operations across the eastern United States.

Guttman Holdings prioritizes safety, service, and respect – for our fellow employee owners, customers, vendors, and the communities where we operate and serve. Those principles combined with our Core Values: respect, lead, collaborate, serve, and solve – shape our culture and guide our daily operations.

More information about Guttman Holdings and Guttman Energy can be found at .

POSITION SUMMARY:

The Refined Products Trader position directly manages Guttman's physical products position, related risk management programs, and optimization strategies. This role will be responsible for sourcing and procuring refined petroleum products (such as gasoline, diesel, jet fuel, etc.), negotiating term supply contracts, monitoring inventory levels, and ensuring an optimized supply strategy. This individual will collaborate with logistics teams to optimize transportation routes, manage storage facilities, and ensure timely delivery to customers.

ESSENTIAL FUNCTIONS OF THE JOB:

  • Margin improvement of physical product origination supply, contract structure, and/or trade execution.
  • Define and implement a trading strategy around origination, inventory, infrastructure, and sales commitments with counterparties, across the Gulf Coast and Chicago markets, utilizing transportation on Explorer, Buckeye, and Laurel pipelines.
  • Execute risk management around daily electronic platform market.
  • Closely monitor inventory levels through daily collaboration with the sales group.
  • Develop and maintain strong industry relationships with major oil refiners, blenders, supply partners, terminal and pipeline operators, and the broker community.
  • Optimize logistics around product blending (butane, naphtha).
  • Identify and capture arbitrage value across regional markets.
  • Develop effective trading strategies to capture margin enhancement.
  • Identify new markets, derivative based programs, and opportunities for Guttman to participate.
  • Coordinate the clear communication of the purchase and sale of inventory hedge positions with the Program Trader to ensure the company’s daily position remains balanced in accordance with the Company’s Risk Management Policy.
  • Analyze market trends, supply-demand dynamics, and price differentials.

Qualifications

MINIMUM QUALIFICATIONS/REQUIREMENTS:

  • Minimum five years of energy trading experience.
  • Bachelors degree (B.A. or B.S.) from an accredited four-year college or university.
  • Knowledge and experience across electronic trading platforms and related exchanges.
  • Proven track record of delivering value-add trade strategies.
  • Ability to collaborate, provide and solicit feedback, express ideas both orally and in writing and communicate relevant and timely information to customers, managers, etc.
  • Logistics and sales experience across the energy complex.
  • Value-add contributions through trading strategies, risk mitigation, and process improvement.
  • Ability to understand problems and make profitable, timely, practical business decisions.
  • Excellent verbal and written communication skills.
  • Strong computer skills; Experience working in MS-Office (Word, Excel, PowerPoint, Access, etc.), Tableau, PowerBi, CME, ICE, DTN, CQG, Refinitiv
  • Excellent mathematical & analytical skills.
  • Ability to provide strong historical track record of identifying opportunities, strategic execution, and position growth.

Note: The above statements are intended to describe the general nature and level of work being performed by people assigned this job. They are not exhaustive lists of all duties, responsibilities, knowledge, skills, abilities and working conditions associated with the job.

EEOC STATEMENT:

Guttman Holdings is committed to a policy of equal employment opportunity for all individuals and does not discriminate on the basis of race, color, religion, sex, national origin, age, non-job-related disability, veteran status, sexual orientation, gender identity, marital status, citizenship status, or any other classification, as protected by federal, state or local law. Equal employment opportunity extends to all personnel practices.

Job Tags

Contract work, Local area,

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