NYMEX Analyst

Global Partners LP; Newton (MA); On-site; USD 81,000 - 121,000; Full time

Benefits offered by this job

Competitive pay

Health & Wellness

401(k) match

Tuition reimbursement

Professional development

Job summary

Global Partners LP seeks an NYMEX Analyst to support the Supply and Distribution team, trading and hedging positions in real time. You will reconcile data daily and communicate with traders and brokers to ensure accurate records.

The role requires a finance/economics background, strong analytical skills, and the ability to thrive in a fast-paced environment while maintaining confidentiality.

Qualifications

• Bachelor's degree in Finance/Accounting/Economics or related field.
• Ability to adapt in a fast-paced, changing environment and deliver quickly.
• Strong written, analytical, and verbal communication skills.

Responsibilities

• Be the internal liaison for Supply and lead commodity trades and hedges with Global departments.
• Identify new processes, increase efficiencies and cost savings for Supply.
• Daily reconciliation between internal systems and external brokers.

Skills

Strong work ethic

Analytical skills

Excellent communication

Trading floor experience

Problem solving

Fast-paced environment

Education

Bachelor's Degree Finance/Accounting/Economics

Tools

RightAngle

Endur

Allegro

Triple Point

Job description

The NYMEX Analyst will be a critical part of the Supply and Distribution team, reporting to the Merc Desk Supervisor. This role provides real-time market intelligence and executes paper trades (e.g. futures, swaps) to hedge physical positions.

At Global Partners, business starts with people. Since 1933, we've believed in taking care of our customers, our guests, our communities, and each other-and that belief continues to guide us.

The Global Spirit is the cornerstone of our commitment to success. As a Fortune 500 company with 90+ years of experience, we're proud to fuel communities-responsibly and sustainably. We show up every day with grit, passion, and purpose-anticipating needs, building lasting relationships, and creating shared value.

Your Role, Your Impact

• You will be the internal liaison for Supply and lead the execution of commodity trades and hedges working with various Global departments.


• Responsible for identifying new processes, increase efficiencies and costs savings to add value to Supply.


• Daily reconciliation between internal systems and with external brokers.


• Troubleshoot differences that arise during reconciliation internally with traders and externally with brokers.


• Provide daily, weekly and monthly reports to risk and trading groups and management.


• Executing commodity trades on behalf of the company.


• Enter exchange trades, futures, options and daily in-house trades into RightAngle system.


• Review activity for accuracy.


• Facilitate communication with traders on positions and hedging.


• Understand risk policy and procedures, communicating compliance issues to Risk Manager.


• Assist in the gathering of data to satisfy requests made by regulatory agencies and auditors.

Qualifications

• Bachelor's Degree Finance/Accounting/Economics


• Strong work ethic and a desire to succeed


• Ability to work in a fast-paced, changing environment, deliver quickly and adapt to changing demands


• Outstanding organization skills -- ability to effectively manage multiple work efforts simultaneously


• Willingness and desire to learn new skills and take on new responsibilities


• Excellent written, analytical, verbal communication skills and real-time problem- solving ability.


• Strong computer knowledge: spreadsheets, graphs and charts, . proficiency in manipulating large data sets.


• Strong attention to details.


• Able to effectively work in a trading floor environment, which is fast paced and, at times, distracting. Advanced communication and interpersonal skills with strong work ethic; results oriented, creative and works well in a team environment. Must possess high degree of professionalism, adaptability, integrity, attention to detail, and commitment to confidentiality


• Strong ability to quickly learn other systems and applications. Experience using ETRM systems (Right Angle, Endur, Allegro, Triple Point) preferred.


• Flexibility in schedule and ability to commit sufficient time to complete the job requirements.

Pay Range$81,000.00 - $121,400.00

The pay range for this position is outlined above. The final amount offered at the start of employment is determined based on factors including, but not limited to, experience level, knowledge, skills, abilities and geographic location, and the Company reserves the right to modify base salary at any time, including for reasons related to individual performance, Company or individual department/team performance and market factors.

Our Commitments to You

• Competitive Pay - We offer competitive salaries and opportunities for growth within.


• Health & Wellness - Medical, Dental, Visions and Life Insurance. Along with additional wellness support.


• The Road Ahead - We offer 401k and a match component. We also provide tuition reimbursement; this benefit is offered after 6 months of service.


• Professional Development - We value lifelong learning and have many internal development programs and access to other on-demand learning for continued career growth.

These commitments are offered to employees in permanent roles, as part of our support for long-term growth and success

Global Partners LP is an equal opportunity employer. We foster a company culture where ideas from all people help us grow, move and thrive. We embrace the diversity of all applicants and do not discriminate against race, color, religion, sex, age, national origin, sexual orientation, gender identity, disability, protected veteran status or any other basis prohibited by federal, state or local law. If you have a disability and need an accommodation to apply, please contact our recruiting department at 781-747-9675 or 781-7GP-WORK.

Disclaimer. At Global Partners, we don't use lie detector tests for any employment decisions. We follow all the rules and regulations, so we need to let you know. In Massachusetts, it's illegal to require or administer a lie detector test as a condition of employment of continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.