Director-Optimization & Hedging (Terminals)
Kinder Morgan
Director-Optimization & Hedging (Terminals)
Job ID #: 30078 Location: TX-HOUSTON
Functional Area: Financial Services Position Type: Full Time
Experience Required: More than 10 years Relocation Provided: May be Considered
Education Required: Bachelors Degree
RC/Department: 1022 -BUSINESS DEVELOPMENT :KMLQT
Position Description
Kinder Morgan is the largest independent terminal operator in North America, providing a strong, reliable network of 144 terminals serving our customers’ storage, distribution, blending and logistical needs. Our terminals store and handle renewable fuels, petroleum products, chemicals, vegetable oils and other products. We have a combined liquids storage capacity of approximately 151 million barrels and handle about 59 million tons of dry bulk materials annually. Primary Purpose:
This is a new role created to centralize the management of gains relative to budgeting, forecasting, RINs, purchasing, hedging, means/timing of monetization, etc. to drive better reporting transparency and consistency. This role will be responsible for promoting "best practice" across the network and encourage growth/optimization in our gains-related activities and endeavors. Primary Responsibilities:
+ Budgeting and Forecasting responsibility for Business Unit’s annual product gains book
+ Lead (and coordinate financial reporting for) physical sale / price and timing optimization / monetization efforts across gains portfolio
+ Lead (and coordinate financial reporting for) RIN purchasing activities where applicable
+ Lead (and coordinate financial reporting for) hedging activities across the network, including in connection with the gains portfolio, forward physical diesel purchases, natural gas, and power
+ Evaluate / pursue opportunities (1) to optimize existing gains portfolio (piping to PBOB, ethanol metering, etc.) and (2) to identify and correct issues where unexpected and/or asymmetric losses are occurring
+ Evaluate / pursue opportunities to expand gains portfolio, including but not limited to additional rack butane blending system installations, future ET rack butane blending takeovers, VCU-to-VRU conversions
+ Identify situations where there are opportunities to improve accuracy of measurement and reporting across our terminal network
+ Identify improved and incremental value-added opportunities to increase revenue (i.e. improved steam tracking and invoicing, etc.)
+ Supervise and direct work for one Analyst on the team
+ Other miscellaneous, ad hoc special projects, tasks, and optimization requests as required from time to time
Position Requirements
Minimum Requirements are as follows:
Education:
+ Bachelor’s Degree (required); studies in Engineering, Business Administration, Marketing, Accounting, or Finance, or related field of study.
Experience, Skills & Knowledge:
+ Ten (10) years’ experience in the energy industry, with specific experience in product marketing, trading, and/or optimization
+ Must possess basic understanding of finance and accounting principles
+ Must be able to analyze all aspects of a Terminals business arrangement (technical, financial, contractual, legal, operations)
+ Must have well developed oral and written communication, interpersonal, negotiation, and presentation skills
+ Must have the ability to influence without authority by working with a wide variety of people, internally and externally, with tact, courtesy and professionalism while driving for positive results
+ Organizational skills and the ability to prioritize tasks are essential
+ Must be a problem solver with the ability to find resolutions
+ Must be self-motivated and capable of working with minimal supervision and/or direction
+ Must be flexible and able to work effectively in a team environment and consistently maintain a professional and respectful demeanor/attitude with co-workers, clients, vendors, and regulatory agencies
+ Willingness to travel, as needed
Kinder Morgan Offers:
+ Competitive wages; job level and salary commensurate with experience and skill sets
+ 401(k) Savings & Retirement Plan
+ Comprehensive Medical/Rx and Dental Plans
+ Paid Time Off
+ Paid Holidays
+ 9/80 Work Schedule
+ Short & Long Term Incentive Programs
+ Paid Bus Pass or Parking
EQUAL OPPORTUNITY EMPLOYER STATEMENT: We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.
Confirm your E-mail: Send Email
All Jobs from Kinder Morgan