Clean Products Pipeline Operator

Company Overview

Founded in 1993, Trafigura is one of the largest physical commodities trading groups in the world. Trafigura sources, stores, transports and delivers a range of raw materials (including oil and refined products and metals and minerals) to clients around the world and has recently established a power and renewables trading division.

With circa 850 shareholders, Trafigura is owned by its employees. Over 8,500 employees work in 48 countries around the world. Trafigura has achieved substantial growth over recent years, growing revenue from USD12 billion in 2003 to USD147 billion in 2020. The Group has been connecting its customers to the global economy for more than two decades, growing prosperity by advancing trade.

Main Purpose

Pipeline products operations and trader support. Co-ordinates all aspects of the post-deal trading activity to ensure contract execution runs smoothly. Provide commercial/market information to the trader as necessary.

Knowledge Skills & Abilities

• Able to interpret the operational requirements of each contract, can review and comment on operational aspects of same if requested. Understands the basic legal framework supporting oil pipeline contracts.
• Good understanding of common pipelines operations and terminology. Able to ensure satisfactory commercial operation of pipelines under minimal supervision.
• Experience in Colonial, Explorer, Buckeye, Laurel, Magellan, Teppco and/or other clean product pipelines.
• Basic understanding of relevant petroleum product specifications.
• Good understanding of the different types of financial instruments, their uses and its importance.
• Experience of scheduling terminals, rack and/or USWC advantageous

Key Responsibilities

• Execute daily operational activities.
• Schedule movements via pipelines distribution channels through use of propriety and third party scheduling systems. Ensure relevant data is captured accurately and recorded timely.
• Ensure batches, book-outs, purchase, sale, line space deals and exchange contracts are fulfilled according to contract terms.
• Monitor, reconcile, and validate gains/losses/tariffs across each pipeline cycle and ensure proper settlement procedures are followed.
• Confirm accurate inventory positions each month for all gasoline/distillate grades and properly model volumes in the system of record.
• Liaise/coordinate with Trade Finance, providing them with accurate and timely data needed for issuing of L/C’s, P/Us, pre-payments, etc.
• Validate and report each cycle’s positions to the trader on a daily basis.
• Provide support to the Settlements team to ensure timely invoicing / payment and monitor accounts receivables where applicable.
• Coordinate and communicate with terminals personnel to implement product off lines/delivery plans, sampling and testing of receiving tanks if required.
• Ensure that in-house inventory and scheduling system (Pluto) is updated regularly and at all times reflects the latest information available / exceptions are kept to a minimum
• Monitor and advise deals desk of all costs related with each transaction (P&L awareness)
• Establish and/or maintain good working relationships with contractual operations counterparts / third party service providers on a regular basis.
• Training of less experienced members of the operations team to develop and increase knowledge / commercial awareness.
• Follow strictly internal procedures and company's policies. Adhere to Trafigura's Code of Conduct / HSEC Policy and Business Principles.
• Identify and escalate operational issues to Manager seeking guidance as appropriate.
• Experience in scheduling pipeline to supply truck racks throughout the US, coordinating throughput, inventory and pricing preferable.

Preferable specifics

• Schedule origin and destination BBLs on Colonial Pipeline for A/D/M/V/F/H gasoline to present grades, as well as 54/62/67/77 distillate grades
• Knowledge and experience in use of Transport 4
• Experience in the NYMEX futures obligations preferable.