Job Description
COMPANY OVERVIEW:
Hartree Partners is a global merchant commodities firm specializing in energy and its associated industries. We focus on identifying value in the production, refinement, transportation and consumption of tradable commodities and anticipating opportunities in the supply chain where they may be under or over-valued.
Founded originally as Hess Energy Trading Company LLC (HETCO) in 1997, Hartree has a global reach spanning 17 offices with over 1,000 employees. The Company’s rigorous research, analytical approach, and entrepreneurial culture have contributed to its strong record of accomplishment and growth over that time.
In 2014, Hartree announced that Funds controlled by Oaktree Capital would be acquiring Hess Corporation’s interests in HETCO with the new company taking the name Hartree Partners, LP. The Firm is jointly owned by Hartree Managing Partners and Oaktree Capital.
Current traders and originators include those with experience from the energy industry, financial institutions, and other merchant trading firms.
Find out more about us by visiting our website at:
OUR VALUES:
We are DEEPLY ANALYTICAL, data driven, and methodical, research and application oriented, we seek to understand before we act.
We are ENTREPRENEURIAL, intellectually curious, and enterprising, our goal is to develop new methods and find new opportunities.
We are INNOVATIVE, creative, and cutting edge, we welcome opportunities to break new ground.
We are COLLABORATIVE, collegial and connected, our best work comes through the teams we have built.
We are ETHICAL, operating with respect and honoring commitments, we are dedicated to making ethical and sustainable business decisions that reflect our core value of integrity.
ROLE OVERVIEW:
The candidate will be responsible for carrying out front to back contract documentation processes for a range of commodities, including products such as Metals, Crude, Environmental Products, Biofuels, Gasoline and Distillates, both physical and financial. Daily functions include generating and transmitting contracts, processing broker recaps and counterparty contracts, and completing daily reporting tasks along with providing support for major projects and ad hoc tasks.
The candidate must demonstrate the ability to follow procedures, identify controls gaps, and problem solve. Effective time management and prioritization, developing and maintaining strong relationships with key stakeholders, following up on outstanding issues to ensure resolution, and recognizing when to escalate problems are key to the role. The candidate should have the ability to look beyond specific tasks and ask questions relevant to their role and demonstrate the use of sound judgment in decision making.
RESPONSIBILITES:
* Generate, prepare, and review commodities contracts for a range of commodities products.
* Reconcile trade details against trade tickets, counterparty contracts and broker recaps.
* Analyze and identify contract terms that will place company and shareholders at risk.
* Communicate with internal stakeholders such as Ops, Legal, Credit, Settlements, Traders and Compliance to resolve identified risks and draft required changes.
* Ensure terms of all contracts adhere to corporate risk policy and business standard.
* Escalate any issues that contradict internal policies to management.
* Special projects as and when required.
REQUIREMENTS:
* Three to five years knowledge and experience of front-to-back trade contracts processes for a range of physical and financial commodities products.
* B.A. degree or equivalent, preferably in a business, finance, or energy related field.
* Strong MS Word & Excel.
* Strong analytical skills.
* Strong organizational and communication skills.
* Sound decision making skills.
* Systems: Experience of Tempest, Epsilon, Balsamo & Aspect desirable but not essential.
* A willingness to learn new skills and a commitment to applying and developing such skills for the greater benefit of the back office group.