Crude Oil Marketing Permian (Trading) Technicial Manager

Posting End Date:

January 19, 2024

Employee Type:

Regular-Full time

Union/Non:

This is a non-union position

Our Technical Manager Crude Oil Marketing will have a major focus on developing crude Trading and Lease Purchasing business in the Permian region of Texas and New Mexico. Other areas of expertise will include the Oklahoma region.  

If you have initiated, improved, maintained, and developed contracts with producers of crude oil in the past with the goal of acquiring crude oil directly at the lease (i.e., Frist Purchase barrels) then we encourage you to apply to this amazing opportunity!

While in this role, the selected candidate will work closely with our Supply representative, Traders, and scheduler team to increase the economic value of Tidal-US assets. This role will also take the lead in the creation and development of current and future business strategies for Tidal-US. Does this sound like your next career opportunity? If yes, then we encourage you to apply!

What you will do:

• Develop a profitable Trading and Lease Purchasing business in the Permian basin.
• Negotiate contracts for profitable purchase of crude oil.
• Negotiate transportation agreements for subject crude oil.
• Review public information and subscription reports to determine crude oil exploration and production activities in the area of interest.
• Stay current of competitor activities and advise other Tidal-US representatives accordingly to power new opportunities.
• Evaluate and recommend steps to improve profitability such as trucking, railcar and gathering. Participate in evaluating new project development such as pipelines, rail loading/unloading, terminals and tank storage.
• Aggressively create markets and build strong customer relationships for advancing business strategies
• Develop and maintain close working relationships with credit, risk, contracts, and accounting teams to ensure thorough understanding of the Tidal-US business strategies and accurate execution of deals.
• Provide training and knowledge transfer to these same team members to ensure a clear understanding of how this business integrates with the overall Tidal-US business plan.
• Work with Sr. Commercial Advisor on Regional Accrual.
• Strategize and coordinate inventory (physical and financial) position with schedulers and financial trader to enhance the financial impact of this business
• Maintains an in-depth technical specialist level awareness of the North American crude oil arbitrage opportunities
• Deep understanding of technical logistical processes and procedures as it pertains to leveraging and extracting value from supply, scheduling and trading functions.
• Ensure compliance with all credit, contract, and risk policy guidelines.

Who you are:

You have:

• 10-15 years of industry experience with 10 years of Lease Supply experience in the Permian with a Business or Science related degree from a recognized institution
• A solid understanding of the North American pipeline systems

You can:

• Communicate effectively both written and verbally
• Show strong digital literacy and analytical skills

You are:

• Very reliable with validated organizational skills and attention to detail
• A self-starter with high degree of personal drive, initiative, and ambitious nature

Working Conditions:

• Role takes place in trading environment with tight, contending deadlines requiring quick decisions with significant value at stake which can lead to a high stress environment.
• Primary tools are computer and web-based applications
• Open and dynamic office environment with direct access to supervisor and other senior team members
• Enbridge provides competitive workplace programs that differentiate us and offer flexibility to our team members.  Enbridge’s FlexWork (Hybrid Work Model) offers eligible employees the opportunity to work variable daily schedules with a flexible start and end time, to opt for a compressed workweek schedule, and the option to work from home on Wednesdays and Fridays.  Role requirements determine your eligibility for each option or combination of options.#topemployer

Physical Requirements include but are not limited to:

Grasping, kneeling, light – moderate lifting (objects up to 20 pounds), reaching above shoulder, repetitive motion, typing, sitting, standing, visual requirement (able to see screens, detect color coding, read fine print), hearing requirement and the ability to sit at a computer for long periods of time.

Mental Requirements (Both Field & Office) include but are not limited to:

Ability to: understand, remember and apply oral and