Trainee Broker (Crude market)

Clarksons; Houston (TX); On-site; USD 40,000 - 60,000; Full time

Job summary

Clarksons in Houston is seeking a motivated Trainee Broker to support the broker desk during the daily trading cycle and back-up for confirmations. Training will be provided to help you learn risk, markets and internal processes.

You will assist with data entry, report generation, client inquiries, and maintenance of market information. Ideal for graduates seeking exposure to crude oil and energy markets with hands-on learning in Bloomberg Terminal and Link platforms.

Qualifications

• Interest in energy markets and trading fundamentals.
• Proficient in Excel and basic data handling.
• Strong organizational skills with attention to detail.
• Excellent verbal communication and professional phone etiquette.

Responsibilities

• Support broker desk during the daily trading cycle.
• Back-up for broker confirmations and document handling.
• Assist office manager with daily administrative tasks.
• Enter trades and generate reports for internal and client use.
• Respond to client inquiries and maintain market information.
• Learn Bloomberg Terminal and Link platforms and apply to daily tasks.

Skills

Communication

Attention to detail

Data entry

Telephone etiquette

Education

Business or Economics degree preferred

Tools

Bloomberg terminal

Excel

E-Confirm

Argus

Job description

The role of the Trainee Broker encompasses support for the broker desk during the daily trading cycle, back-up for broker confirmations, and assisting the office manager as needed in daily tasks. Training will be provided.

LINK CRUDE/LINK FUTURES

• Compile analysis of prior day’s trading volumes and enter data into corresponding spreadsheets
  • Domestic Canadian and Rockies internal market recaps
• Update and maintain Wallboard market information
  • Marketview, Posting Plus
• Learn and utilize the Bloomberg terminal and Link page
• Keep public folder Contacts up to date
• Generate ranking reports and revenue reports weekly
• Execute relevant reports for both internal use and client submission
  • Link Daily Report- enter trades and generate report
  • Forward Curve-enter values and generate each report daily
  • Canadian Report- enter values and generate report
• Assist brokers in writing up daily transactions as they occur in real time
  • Pointer
  • Distribute completed deals sheets to brokers.
  • Distribute broker approved deal sheets to Access Confirmer
  • Redistribution of recaps between brokers
  • Inputting deals in E-Confirm Compare entries with Access, recaps and deal sheets
  • Respond to client inquires
  • Investigate and correct unmatched trades
  • Recorder
  • Log all deals in deal book.
  • Send reportable trades to teams for broker approval
  • Report trades to Argus
• Check Daily transaction reports for accuracy
  • Highlight anomalies and bring to broker desk attention
• Update daily volumes and Link percentage of physical and financial market
  • Develop monthly and annual comparison tables for reference
• Input and save all Argus data for relevant analyses
  • Develop relevant market analyses as needed
  • Have a working knowledge of Excel for charting/data presentation
• Clear trades as needed through relevant exchange portals
• Enter customer transactions into E-Confirm platforms as needed
• Answer phones throughout the day as needed.
• Maintain up to date market information throughout the day
  • Understand parties and current markets
• Understand and assist the Confirmations position as needed
  • Backup for this position in the event of emergency
• Develop understanding of the role of a Broker in the domestic crude market
  • Crude Oil pricing and Infrastructure
  • Market movement and trends
  • Clients and company relationships
  • Ensure Brokers timely administration and completion of broker compliance testing.
  • Ensure accurate record keeping and documentation for all Exchange traded products
• Link Data Services
  • Generate, assist with and send out Link Crude Daily Report, End of Day and Canadian Report.
  • Updating settlement prices for Forward curve
  • Manage distribution lists for all LDS reports.
• Salary - base + benefits + bonus opportunity. More details will be discussed at interview.