Commercial Risk Pricing, Supervisor

CITGO - Houston, TX

Hiring: Commercial Risk Pricing, Supervisor Company: CITGO Location: Houston, TX Job Posted Time: 2026-09-17 07:08:49 Employment Type: Contract / Remote Target Skills & Keywords : Derivatives, Risk Management About the job Experience: •8 years of job related experience or minimum 7 years' experience in commodity market risk management with at least 2 years in a supervisory or managerial capacity preferred. •Minimum 7 years' experience in commodity market risk management with at least 2 years in a supervisory or managerial capacity preferred. Required Skills: •Lead curve development & maintenance by overseeing the design, implementation, and continuous improvement of forward and market price curves for all physical and derivative products within the ETRM (Energy Trading and Risk Management) system. Ensure accuracy, timeliness, and data quality in price curve generation and management. •Team Leadership & Workflow Management of the commercial pricing/risk team responsible for market and forward curve creation, calibration, validation, and reporting. Allocate responsibilities, manage day-to-day workflow, and support professional development of team members. •Supervise and guide analysts in configuring price curves, market data, and valuation parameters within the ETRM system. Ensure all updates and modelling approaches are compliant with approved methodologies and business requirements. •Provide subject matter expertise and oversight for complex derivatives, structured products, and custom valuation models in the ETRM system. •Validate portfolio valuations and support reconciliation processes with other business units (Finance, Accounting, Treasury). •Partner cross-functionally with cross-functional stakeholders in Commercial, Risk Control, IT, and Accounting to drive process enhancements and automation initiatives related to pricing and risk management. •Ensure compliance with CITGO policies, SOX controls, audit requirements, and regulatory standards. •Participate in the design, testing, and implementation of ETRM system upgrades and new analytical tools impacting curve construction and pricing workflows. Champion data integrity, documentation, and governance best practices for all curve and pricing-related data. Qualifications: •Bachelors degree and 8 years of job related experience or minimum 7 years' experience in commodity market risk management with at least 2 years in a supervisory or managerial capacity preferred. •In-depth knowledge of exchange derivative contract specifications (e.g., ICE, CME) and industry price reporting agency methodologies (e.g., Argus, Platts, OPIS) for building ETRM curves. •Demonstrated experience establishing risk processes, managing IT systems, and leading organizational performance improvements within a risk pricing context. •Comprehensive understanding of energy commodity market structures, with focus on crude oil, refined products, and related commodities (e.g., RINs). •Advanced proficiency with energy trading and risk management (ETRM) software platforms (e.g., ION RightAngle) and analytical tools (e.g., Power BI). •Strong quantitative skills in finance, economics, mathematics, or engineering. •Excellent interpersonal and leadership skills, including communication, teamwork, conflict management, and mentoring. Compensation: •Flexible work environment (work from home / hybrid options) Interested candidates, please apply directly through the job posting on company's career page or try via AI auto apply on this platform. Don't miss this opportunity to join a forward-thinking team!