Commercial Trading Analyst

Alberta, Canada

Job Family Group:

Commercial and Retail

Worker Type:

Regular

Posting Start Date:

September 4, 2024

Business unit:

Downstream and Renewables

Experience Level:

Experienced Professionals

Job Description:

Position Purpose

About the Opportunity:

The Canada Low Carbon Fuels Team has created a new opportunity in Calgary, AB for a Commercial Trading Analyst (CTA) to join their highly qualified and collaborative team, at our new home in The Bow Tower. The CTA is a key member of the Global Low Carbon Fuel Trading team and Global Products Trading organization. This team member regularly engages with multiple stakeholders in the Trading organization including Regional Team Leaders, Traders, Operators, Settlements and Operations Analysts, along with colleagues from various other departments.

This role offers a unique opportunity to work very closely with Traders and other experienced trading professionals in fast paced environment and to support bottom line results. There is also significant room for development and learning about the trading business. This role requires confidence managing short deadlines and handling sensitive matters with energy and accuracy. 

Since the 2023 Clean Fuel Regulations implementation within Canada, The Low Carbon Fuels (LCF) business has been responsible to optimize the Shell Canada compliance program. New regulations are driving significant increases in low carbon policy complexity and the LCF Canada team has experienced significant growth and faces unique requirements in market analysis and desk management. The energy transition is a central topic in Shell’s energy business and this exciting position will be at the center of that major transformation.

This team trades Ethanol, Biodiesel, Biojet, Renewable Diesel along with their feedstocks and related derivatives, in addition to supporting Shell’s biofuels short term requirements and longer-term strategy. The Biofuels market is young and rapidly evolving and additional resource for both support and analysis is a vital part of the growth of the business.

Accountabilities:

• The successful applicant will work on the LCF Canada desk and provide backup coverage for US colleagues on various tasks including:

  • Trade deal entry and exposure/profit and loss tracking

  • Record and maintain storage provisions and track business costs against planned offsets

  • Variable Costs Reconciliation

  • Manual price true-ups and settlement support for bespoke and atypical deal types

  • Interbook, Regrade and Loss-Gain contract entry

  • Setup of new counterparties

  • Resolving Profit & Loss and exposure issues

  • Reconciling Tradebook

  • Maintain a strong Compliance culture and adhere to Shell Business Principles

• Lead and partake in special project initiatives in LCF through collaborating with other teams in trading, scheduling and accounting

• Develop a deep knowledge of hedging instruments and Trade book structures

• Produce market price data Graphs and any historical analysis type work as requested

Skills & Requirements:

• Must have legal authorization to work in Canada on a full-time basis for anyone other than current employer

• Bachelor’s degree in Business, Commerce, Accounting, Finance, Engineering or another related field

• Minimum of 3 years work experience in financial/accounting field within the energy, oil and gas, or another related industry

• Advanced MS Excel capabilities are required

• Ability to work with multiple Enterprise resource planning (ERP) systems such as Endur, OLE or QlikView would be considered an asset and training will be provided

• Systems knowledge or strong learning aptitude for new systems in business related applications and tools

If you don’t see yourself fully reflected in every job requirement listed in the posting above, we still encourage you to reach out and apply. Research has shown that women from under-represented groups often only apply when they feel 100% qualified. We are committed to creating a more equitable, inclusive, and diverse company and we strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientations, and life experiences to apply. 

Company description

Shell is a global group of energy and petrochemical companies with about 84,000 employees across more than 70 countries. We aim to meet the world’s growing need for more and cleaner energy solutions in ways that are economically, environmentally and socially responsible. We have expertise in among other exploration, production, refining and marketing of oil and natural gas, and the manufacturing and marketing of oil products, chemicals, electric power, renewables and energy solutions.

As a global energy company operating in a challenging world, we set high standards of performance and ethical behaviors. We are judged by how we act and how we live up to our core values of honesty, integrity and respect for people. Our Business Principles are based on these. They promote trust, openness, teamwork and professionalism, as well as pride in what we do and how we conduct business.

Building on our core values, we aspire to sustain a diverse and inclusive culture where everyone feels respected and valued, from our employees to our customers and partners. A diverse workforce and an inclusive work environment are vital to our success, leading to greater innovation and better energy solutions.

An innovative place to work

There’s never been a more exciting time to work at Shell. Everyone here is helping solve one of the biggest challenges facing the world today: bringing the benefits of energy to everyone on the planet, whilst managing the risks of climate change.

Join us and you’ll add your talent and imagination to a business with the power to shape the future – whether by investing in renewables, exploring new ways to store energy or developing technology that helps the world to use energy more efficiently.

An inclusive place to work

To power progress together, we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways we’re nurturing an inclusive environment – one where you can express your ideas, extend your skills and reach your potential…

We’re creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply, and we’ll take it from there.

We’re closing the gender gap – whether that’s through action on equal pay or by enabling more women to reach senior roles in engineering and technology.

We’re striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity.

We consider ourselves a flexible employer and want to support you finding the right balance. We encourage you to discuss this with us in your application.

A rewarding place to work

Combine our creative, collaborative environment and global operations with an impressive range of benefits and joining Shell becomes an inspired career choice.

We’re huge advocates for career development. We’ll encourage you to try new roles and experience new settings. By pushing people to reach their potential, we frequently help them find skills they never knew they had, or make career moves they never thought possible.

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DISCLAIMER:

Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date. Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Shell/Shell Group companies around the world. The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand. Shell is an Equal Opportunity Employer.-À NOTER: de temps à autre, il arrive que nous modifions ou que nous retirions des emplois chez Shell et nous nous réservons le droit de le faire à tout moment, y compris avant la date limite indiquée. Avant de candidater, il vous est conseillé de bien lire notre politique en matière de protection des données. Celle-ci décrit comment vos données personnelles peuvent être traitées et vous informe que vos données personnelles peuvent être transférées à Shell/ aux sociétés du groupe Shell dans le monde entier. Ni le groupe Shell, ni aucune de ses sociétés de conseil en recrutement agréées ne sauraient vous demander de payer des droits pour examiner votre candidature à une carrière chez Shell. Quiconque vous demande un tel paiement n’est pas un représentant agréé de Shell et il vous est fortement conseillé de refuser d’effectuer un tel paiement. Shell respecte l’égalité d’accès à l’emploi