Senior Marketer

Steel Reef; Calgary; On-site; CAD 120,000 - 180,000; Full time

Benefits offered by this job

Competitive compensation

Bonus program

Flex Spending Account

Savings Plan matching

Monthly phone allowance

Volunteer time

Team building

Recognition programs

Job summary

Steel Reef in Calgary seeks a Senior Marketer to join its Commercial team and lead the development and execution of commercial strategies across the NGL portfolio, including propane and butane, to optimize margins and market access.

The role requires strong market knowledge, risk management and relationship-building to support Steel Reef’s growth and alignment with operations, finance and legal teams.

Responsibilities

• Develop and execute commercial strategies for physical NGL purchases and sales.
• Negotiate and manage commercial agreements to improve margins and market access.
• Originate, evaluate and execute NGL supply, transportation, storage and market access opportunities.
• Assess seasonal spreads, contango/backwardation, and hedge economics for injection/withdrawal.
• Provide commercial recommendations using market fundamentals, pricing indices and market structure.
• Quantify price, basis, index, volume, quality and logistics exposure with risk mitigation advice.
• Build strong commercial relationships with producers, customers, transporters, midstream companies and other participants.
• Maintain visibility into physical positions, contractual commitments and forecast volumes.
• Coordinate marketing decisions with hedging and risk-management strategies.
• Work with Operations on product quality, inventory levels, outages and constraints.
• Coordinate with NGL Scheduling to optimize transport commitments; partner with Production and Finance for reporting and settlements.

Job description

Steel Reef is seeking a Senior Marketer to join its Commercial team in Calgary. Reporting to the Manager, Liquids Marketing, this position will be responsible for developing and executing commercial strategies across Steel Reef’s NGL portfolio, including propane, butane and NGL supply for fractionation. The successful candidate will combine strong physical commodity-market knowledge, commercial judgement, risk management and relationship-building skills to grow margins, optimize market access and support Steel Reef’s broader growth strategy.

Key Responsibilities:

• Develop and execute commercial strategies for the physical purchase and sale of NGLs across Steel Reef’s Southeast Saskatchewan and North Dakota portfolio.
• Negotiate and manage spot and term purchase, sale, transportation, storage and other commercial agreements to improve margins, netbacks, market access and portfolio value.
• Originate, evaluate, negotiate and execute NGL supply, sales, transportation, storage and market access opportunities, leveraging regional pricing differentials, location, timing, quality, seasonality, transportation constraints and market structure to capture arbitrage and maximize portfolio value.
• Evaluate seasonal spreads, contango/backwardation, carrying costs, terminal fees, transportation and hedge economics when determining injection and withdrawal strategies.
• Develop commercial recommendations using market fundamentals, pricing indices, transportation economics, quality differentials and scenario analysis.
• Quantify and communicate commodity price, basis, index, volume, quality and logistics exposure, including appropriate risk mitigation or hedging recommendations.
• Build and maintain strong commercial relationships with participants across the NGL value chain, including producers, customers, transporters, midstream companies, infrastructure operators and other market participants.
• Maintain clear and timely visibility into physical positions, contractual commitments, transportation obligations and forecast volumes.
• Coordinate physical marketing decisions with appropriate hedging and risk-management strategies where applicable.
• Work closely with Operations on product quality, specifications, inventory levels, outages, maintenance activity and operational constraints.
• Coordinate with NGL Scheduling to optimize truck, rail, pipeline, storage and other transportation commitments across the portfolio.Partner with Production and Financial Accounting to support accurate volume reporting, invoicing, settlements, accruals and commercial financial reporting.

Experience and Education:

• Relevant post-secondary education in business, economics, finance, engineering, accounting, or a related discipline.
• Approximately 8 to 12 years of progressively responsible experience in physical commodity marketing, trading, origination, logistics, midstream commercial development or a related field.
• Demonstrated experience in physical NGL, crude oil, natural gas or other energy commodity markets.
• Comprehensive understanding of physical commodity markets, pricing structures, indices, basis relationships, transportation economics, product quality and commercial contracts.
• Demonstrated quantitative and commercial analytical skills, including the ability to develop and clearly communicate well-reasoned recommendations.
• Effective negotiation, relationship-management and written and verbal communication skills.
• Ability to make sound decisions independently while operating within established commercial authorities and risk controls.
• Demonstrated ability to coordinate effectively across commercial, operational, financial, legal and contract-administration functions.
• Advanced Excel skills and experience with commercial analysis, position and exposure reporting, pricing, forecasting, and market-data analysis.

Preferred

• Knowledge of WCSB and Williston Basin commodity markets, infrastructure, logistics and counterparties.
• Experience evaluating truck, rail, pipeline, terminal, storage and fractionation economics.
• Experience with physical position management, commodity risk management, hedging and exposure reporting.
• Experience in a combined commercial and operational environment at a producer, midstream company, marketer, refiner, fractionator or infrastructure operator.

Why Join Our Team:

• Competitive compensation and bonus programs
• Competitive benefits package, including a Flex Spending Account and Savings Plan matching
• Monthly phone allowance
• 8 hours of annual paid Volunteer time to support the communities in which we operate
• Team building activities
• Employee recognition programs, including long-service and values-based awards
• Opportunity to take meaningful commercial ownership within a growing NGL portfolio and contribute directly to Steel Reef’s market development and infrastructure growth.