Senior Trading Analyst

Senior Trading Analyst Location: Calgary Head Office Job status: Full Time Permanent Department: Trading - Canada

Is this position safety sensitive: No

Apply today! Application deadline is May 14 at 11:59pm MST.

At Gibson, we believe our competitive advantage lies in the strength and talents of our employees. That means connecting our employees to rewarding careers, building a high-performance culture where collaboration and creativity are rewarded, and providing real growth opportunities for employees to take on new challenges.

The Role

Reporting to the VP Trading & Pipeline Scheduling, the Senior Trading Analyst will be responsible for overseeing the modeling and analysis of the Global and North American Crude Oil Supply and Demand outlook as well as P&L forecasting.

In terms of Supply and Demand, this role will oversee fundamental analysis from a macro/micro view to provide real-time data to the Trading Team for decision making purposes. Regarding P&L, this role will oversee daily P&L for day-over-day changes, as well as forward P&L forecasting due to trading activity. P&L forecasting will include, but not limited to prompt daily and quarterly forecasting, and budget forecasting with sensitivities using fundamental views that have been determined.

The Senior Trading Analyst is a leadership role with two or more direct reports and will serve as a trusted strategic advisor, providing insight and guidance to drive informed decision-making within this business area.

What You Will Do

• Aligns with Gibson Way Values, and is responsible for developing and mentoring team members, and providing guidance and direction for the overall group, including:
  • Collaborating with all business units within the Marketing Function including Supply, Trading, Logistics, Volumetric Management, Risk, Pricing, Finance, Commercial Operations to ensure alignment with modeling.
  • Overseeing individual and team performance, ensuring alignment with corporate and departmental goals.
  • Cultivating a collaborative, inclusive, and high-performing team that exceeds internal and external customer expectations.
  • Effectively communicating the Company's vision and strategy in relatable terms.
  • Creating an environment of engagement for team members to produce high quality services.
  • Building and maintaining a healthy team culture that encourages reports and other team members to speak up and express their ideas and views.
• Contributes to the achievement of Corporate and Team goals that are set yearly and quarterly.
• Responsible for the accuracy and maintenance of all fundamental analysis information provided to the Trading Team.
• Builds and maintains multiple micro and macro fundamental models that flow through to a weekly distributable report for the Trading Team.
• Leads monthly analysis meetings to assess market dynamics and their implications for trading decisions.
• Supports the Trading Team by conducting and coordinating ad hoc analyses to enhance market decision-making. Analyzes news from various publications in the Global and North American crude oil complex and determines their relevance and updates supply and demand models accordingly.
• Responsible for the accuracy and maintenance of daily P&L changes as well as forecasting provided to the Executive level for guidance.
• Provides thoughtful recommendations for future development opportunities to provide better efficiencies and cross-functional area needs.
• Communicates with other commercial support teams to ensure P&L is forecasted appropriately and variances-to-actuals are analyzed critically and minimized when possible. This includes compiling estimates from trading, quality, risk, producer services and facilities to assist in the estimate process.
• Identifies opportunities to enhance existing models to improve efficiency and create synergies with new operating programs.
• Develops new innovative ideas that will enhance abilities to make Trading decisions.
• Manages communications with other business areas that support reporting functions.
• Demonstrates a personal commitment and proactive approach to Environment, Health & Safety (EH&S) through participation in all applicable EH&S programs and ensures safe operation of the branch, team or unit and compliance with all Company EH&S policies and procedures.
• May perform other duties as assigned.

What You Bring to the Role

• University degree in Commerce, Economics, Finance, Accounting or related field, or equivalent experience.
• A professional designation would be considered an asset (such as CFA designation).
• 10+ years of energy marketing experience, and extensive knowledge in crude oil pricing, scheduling, risk, and/or analytics required.
• Exhibits strong knowledge of pipelines, terminals and micro/macro market dynamics.
• Demonstrates strong proficiency in database and spreadsheet software applications.
• Prior experience with an ERM platform is essential. Experience with Right Angle would be considered an asset.
• Strong communication skills that enable productive interface with other internal stakeholders (at all levels) as well as external customers.
• Demonstrates strong knowledge of crude oil/condensate pricing, transportation, and commodity futures markets.
• Exhibits an understanding of Canadian crude oil environment and market drivers.
• Possesses exceptional leadership abilities, inspiring and guiding teams to achieve strategic goals while fostering a collaborative and results-driven work environment.
• Thrives in a dynamic, fast paced and high-pressure work environment.
• Ability to conduct accurate analysis and drive high levels of performance.
• Exhibits strong analytical and organizational skills.
• Ability to provide meaningful and accurate information to Trading Team so they can make timely decisions.
• Self-motivated and proactively takes initiative.
• Demonstrates proficiency with MS Office.

Working Conditions

• All work will be performed in an office environment.
• This job is subject to background checks as outlined in Gibson Energy's Background Checks policy. Background checks may include: employment history verification, reference checks, education and/or credentials verification, driver's license verification, credit check and a criminal history check.

Why You'll Love Working at Gibson

For over 70 years, Gibson has been defined by our people — those who seize opportunities and make exceptional customer service a part of everything we do. Working at Gibson is an opportunity to be part of a place where employees feel valued, supported and motivated to do their best work. Here's what sets us apart:

• A competitive Total Rewards package that truly values your contributions.
• Employer contributions to your DC Pension because we believe in your future.
• Comprehensive health, dental & vision benefits, with industry leading coverage for mental health and family planning — ensuring you and your loved ones thrive.
• Generous time off to rest, recharge and live life to the fullest.
• An incredible work environment and culture where your career development and advancement are prioritized every step of the way.
• A flexible hybrid work setup, empowering you to balance work and life seamlessly.

Gibson Energy Inc. (“Gibson” or the “Company”) is a diversified North American energy infrastructure company headquartered in Calgary, Alberta. They have significant terminal assets, including 25 million barrels of storage and over 300 miles (500 kilometres) of crude pipelines across North America. The company has been providing market access to the oil and gas industry for over 70 years and is publicly traded on the Toronto Stock Exchange (TSX:GEI) with a market capitalization of approximately $4 billion.

Gibson Energy operates through two main segments:

• Infrastructure: This includes terminals, marine loading, rail loading and unloading facilities, gathering pipelines, a diluent recovery unit, and a crude oil processing facility. Key facilities within this segment include the Hardisty, Edmonton, and Ingleside Terminals, as well as gathering pipelines in the United States and a crude oil processing facility in Moose Jaw, Saskatchewan.
• Marketing: This involves the purchasing, selling, storing, and optimizing of hydrocarbon products.

Gibson Energy has a strong presence in the United States, due to the acquisition of the Gateway Terminal in Ingleside, Texas. This terminal is a world-class liquids terminal and export facility with very large crude carrier (VLCC) capabilities and direct pipeline connections to key basins like the Permian and Eagle Ford. The acquisition strengthens Gibson's cash flow with over 95% of the revenue under take-or-pay contracts with high-quality counterparties.

Our Values, The Gibson Way

The Gibson Way is how we succeed together. We believe in the power of both We' (collectively working together) and “I” (contributing individually) to achieve our shared goals.

The We & I' play a very important role in our success!

• Contribute & Add Value Everyday
• Keep Our Edge & Be Resilient
• Stay Focused & Open-Minded
• Work it Out & Do it Together

This is what we are all about and we encourage you to learn more! Click Here: The Gibson Way