AddressReq ID: 433485
Address: 2929 Allen Parkway, Ste 4100 Houston, TX, 77019
BASIC PURPOSE: This position validates new third-party trades, upon execution, with the contracting party and broker. The analyst is also responsible for the generation of Musket trade confirmations and correspondence with counterparties.
MAJOR RESPONSIBILITIES:
- Timely generation and distribution of trade confirmations to relevant parties
- Interact regularly with brokers, counterparties, traders, and analysts to resolve discrepancies or disputed trade terms
- Evaluate incoming counterparty confirmations for accuracy
- Daily reconciliation of new trades, including key trade terms
- Collaboration with Front- and Middle-Office teams to correct errors in trade capture
- Timely and thorough collection of data and written responses to audit requests
- Work with all departments to ensure contracts are complete and accurate (amendments, revisions and expiration of contracts, General Terms and Conditions language)
- Thorough review of every confirmation for commercial terms (Buyer, Seller, price, quantity, product, terms and delivery location and timing)
- Other duties as assigned
EDUCATION AND EXPERIENCE:
Education:
- Bachelor’s Degree
Experience:
- 1-3 years relevant experience in a Contract Administration or legal support role preferred
- Experience in a trading organization, financial services, or legal firm preferred
- Experience with oil, refined products, NGL, and/or biofuel markets preferred
SKILLS AND PHYSICAL DEMANDS:
Skills:
- Understanding of or interest in commodity/energy markets
- Proven organization and time-management/prioritization skills
- Attention to detail
- Strong written and verbal communication skills
- Familiarity with RightAngle or other ETRM system and/or ICE eConfirm preferred
Typical Physical Demands:
- Requires prolonged sitting, some bending and stooping.
- Requires normal range of hearing and vision.
- Manual dexterity sufficient to operate a computer keyboard and calculator.
- Occasional lifting up to 25 pounds.
Job Function(s): Corporate
Love’s has been fueling customers’ journeys since 1964. Innovation and perseverance continue to lead the way for the family-owned and -operated business headquartered in Oklahoma City with more than 40,000 team members in North America and Europe. The company’s core business is travel stops and convenience stores with more than 630 locations in 42 states. Love’s continues its commitment to offer products and services that provide value for professional drivers, fleets, four-wheel customers, RVers, alternative fuel and wholesale fuel customers. Giving back to communities Love’s serves and maintaining an inclusive and diverse workplace are hallmarks of the company’s award-winning culture.
The Love’s Family of Companies includes:
- Gemini Motor Transport, one of the industry’s safest trucking fleets.
- Speedco and Love’s Truck Care, the largest oil change and preventive maintenance and total truck care network.
- Musket, a rapidly growing, Houston-based commodities supplier and trader.
- Trillium, a Houston-based alternative fuels expert.
- TVC Pro-driver, a commercial driver’s license (CDL) protection subscription service.
