Crude Trader

Full Time
Houston, TX 77024
Posted
Job description

Who We Are

Par Pacific is a growth-oriented company that owns and operates market-leading energy and infrastructure businesses in logistically-complex markets. Par Pacific combines experience in the oil and gas industry with corporate financing know-how. We bring this unique strength to complex markets where we seek out diamonds in the rough. As a nimble, entrepreneurial organization, we actively pursue new opportunities in response to local market demands and changing external environments.


The Role

Reporting into the Supply and Trading commercial group, your primary focus will be purchasing and optimizing Canadian and US crude oil to our North American refineries. As part of your specific responsibilities, you will:

  • Assume 24/7 responsibility for the management of the company’s crude oil supply into one or more of our North American refineries.
  • Create and maintain Excel models to assist, guide, and capture your trading activities.
  • Cross train, support, and backup team members as necessary for continuity.
  • Create, execute, and optimize monthly crude oil trading and logistics plans.
  • Ensure timely supply and deliveries through the trading, scheduling, and coordination of various pipelines, suppliers, and terminals.
  • Build and maintain commercial relationships.
  • Participate in regular operations planning meetings.
  • Assume accountability over all invoices and contracts for your crude oil trades and pipeline movements.
  • Assist internal departments in working with customs brokers and/or agents for trans-border commerce.
  • Remain current with all applicable pipeline tariffs, rules, and regulations.
  • Provide short and long term price decks for budget forecasts.
  • Explore alternative crude supply opportunities beyond the regular reoccurring business.
  • Interface extensively with the commercial group, other internal departments, counterparties, third party terminals, pipeline companies, and other external entities.
  • Perform other duties as assigned.


The Requirements

To meet the basic qualification for this role, you will have legal authorization to work permanently in the United States for any employer without requiring a visa transfer or visa sponsorship. To be a good fit for this opportunity, you will have/be:

  • Significant experience trading and moving a variety of crude oil grades at Edmonton, Hardisty, and PADD IV.
  • Experience with Express, Glacier, Frontrange, Silvertip, Bow River, and Red Butte pipeline systems is a plus.
  • A strong commercial trading network and ability to further develop it into new markets.
  • Strong negotiation skills, sense of urgency, and ability to work under pressure.
  • Deep knowledge and understanding of crude oil market and trading fundamentals, including strong understanding of Canadian crude oil indices and pricing mechanisms.
  • The ability to analyze large sets of data, see market trends, and create market views to guide you in your trading and to support the company’s strategic plan.
  • The ability to identify and resolve the typical issues that arise in trading and moving crude oil in Canada and PADD IV.
  • Excellent working knowledge and experience with the Microsoft Office Suite, especially Excel as it is a primary tool used daily in this role. (The ability to build, use, dissect, and troubleshoot Excel formulas is a must.)
  • A keen attention to detail and critical reasoning.
  • Strong oral, written, and non-verbal communication skills.
  • Timely internal and external communication.
  • A self-starter approach with ability to work with little or no supervision in an independent and collaborative team environment.
  • Experience using market data streaming software such as DTN’s ProphetX, Refinitiv Eikon, etc, is a plus.
  • Experience using broker screens and market reports from Net Energy, CalRock, Marex, OneExchange, and Modern Commodities.
  • Comfortable working in an open trade floor or bullpen/cubical type of environment.
  • Live in Houston with regular travel to visit with coparties and attend industry events to represent Par Pacific’s interests.


Note: This description is intended to give you a general overview of the position and is not an exhaustive listing of duties and responsibilities.


More Good Reasons to work for Par:


Unique culture

There is nothing ordinary about Par Pacific - a niche player in the energy space that operates in logistically complex markets. And there's certainly nothing ordinary about Par Pacific people. Regular exposure to down-to-Earth senior management and executives is a regular experience. We are driven, hardworking, entrepreneur-minded professionals that love to win. If that describes you, you'll fit right in.


Location, Location, Location

Because Par Pacific is located in some of the most beautiful places throughout the country, our employees get to make these places their home and enrich their lives. The office where you'll work is in the bustling City Centre area of Houston, Texas.


Opportunistic growth strategy

At Par Pacific, we look for operations with strong fundamentals and great employees who can move a business forward. Our management team has deep experience in the energy industry, as well as in leading mergers, acquisitions, and integrations of newly acquired companies.


Excellent compensation

In addition to a competitive salary, we offer a strong comprehensive benefits package that includes medical, dental and vision insurance; a robust allotment of paid time off; a 401(k) with company match; retirement savings plans; educational reimbursement; and more.


Keys to Success

We are looking for a highly motivated, self-starter with a positive attitude. Candidates should have a natural thirst for knowledge and curiosity to drive personal and professional development.

In addition, in order to be successful you will:

  • Be proactive
  • Achieve goals independently and contribute as a team player
  • Identify ways to improve processes and controls
  • Combine analytical skills and creativity in solving problems
  • Strong work ethic and accountability
  • Effectively communicate with the team and ask questions


The Company


Par Pacific Holdings, Inc., based in Houston, Texas, owns, manages and maintains interests in energy and infrastructure businesses. Par Pacific's strategy is to identify, acquire and operate energy and infrastructure businesses with attractive competitive positions. We own and operate refineries in Hawaii, Washington and Wyoming, with total operating throughput capacity of over 150 Mbpd. We own and operate one of the largest energy infrastructure networks in Hawaii with a logistics network supplying the major islands of the state. In Wyoming, Par Pacific owns a refinery and associated logistics network in a niche market. We operate 123 fuel retail outlets in Hawaii, Washington, and Idaho. Par Pacific has an active, opportunistic growth strategy. Our common stock is publicly traded on the NYSE under the trading symbol "PARR".


Note: Par Pacific will not accept calls from third-party recruiters. All candidates are required to apply through this web posting.


Par Pacific is an equal opportunity employer. Par Pacific prohibits discrimination and harassment of any type and affords equal employment opportunities to employees and applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, genetic information or any other status protected by applicable law.

(825 Town & Country Lane, Houston, Texas 77024)

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