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COO - Commodities- Physical Oil Trading Resume Example

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COO - COMMODITIES- PHYSICAL OIL TRADING
Professional Summary
Seasoned operations professional with over twenty years experience in deal capture, operations and  infrastructure with a focus on procedures, logistics, controls, compliance and system implementation. Commodity coverage includes Crude Oil, Refined Products, NGL, Coal, Power, Gas and Metals in industrial, utility and financial services firms.

Skills
  • Project planning and development

  • Budgeting and forecasting

  • Process improvement

  • Compliance and control
  • Inventory Managment

  • Vendor Management
  • Logistics management

  • Risk management

  • Startups and turnarounds background

  • Performance evaluations

  • Work flow planning

  • Contract negotiation
Work History
09/2007 to 07/2011
COO - Commodities- Physical Oil Trading Barclays Capital – New York, NY
  • Oversaw the management of front, middle and back office procedures and resources to support global activities
  • Engaged Managing Directors in New York, London and Singapore to develop business plans and proposals, requests for funding and management of budgets 
  • Determined appropriate documentation for structured transactions with Origination and Legal team 
  • Validated risk weightings applied to various components of trading and applied reserves as needed 
  • Established procedural standards for movement of physical commodities globally 
  • Worked with Business Continuity and Corporate Real Estate teams to ensure sufficient back up plans and expansion capacity are available.
  • Collaborated with  human resources to establish hiring plans and address issues as needed
  • Established operational objectivesand work plans and delegated assignments to managers in support of desk strategy and growth targets.
05/2006 to 08/2007
Account Manager Triple Point Technology – Westport, CT
  • Managed relationship with several large financial institutions using firm's commodity trading software.
  • Worked with client and developers to plan releases and functional enhancements.
  • Oversaw client billing and consultant utilization.
07/2005 to 05/2006
Senior Manager KPMG – New York, NY
  • Managed staff on engagement to build out power trading functionality at major investment bank.
  • Participated in consultant calls to clients in Power sector.
  • Prepared sales proposals and trained junior staff.
09/1997 to 07/2005
Director Operations, Control and Compliance PSEG ER&T – Newark, NJ
  • Led Sarbanes Oxley controls documentation and testing for Trading unit
  • Managed Coal and Natural Gas scheduling teams
  • Member of process improvement team responsible for developing metrics and measures to improve financial reporting accuracy
  • Developed transfer pricing policy and practice between trading, nuclear and fossil divisions to ensure correct performance behaviours in each area for overall firm profitability
  • Created and managed Operations Analysis group responsible for reconciliation of trading P&L, ISO Statements and other documentation to books and records
  • Developed processes within power scheduling through commencement of deregulation, LMP, sellers choice and day ahead/real time trading of the PJM Markets.
05/1993 to 09/1997
Senior Scheduler - Bayway and Trainer Tosco Corporation – Stamford, CT and Linden, NJ
  • Scheduled all clean barrels into Pennsylvania refinery via barge, pipeline and vessel.
  • Managed all waterborne MTBE shipments into New Jersey refinery
  • Coordinated all inventory transfers of clean products and gas liquids with various tank fields and rack terminals throughout the US.
  • Worked with engineering to plan start up of newly purchased refinery to ensure appropriate product handling and logistics through onsite/offsite tankage, third party pipelines, rail and barge access points
  • Managed rail car fleet and truck scheduling of light ends.
  • Interacted with rail roads and trucking / terminal facitliies
  • worked with Legal and Commercial teams to ensure optimal handling of contract negoatiation and execution.
11/2011 to Current
COO - Energy Platform Noble Americas Corp – Stamford, CT
  • Created a cohesive global operations infrastructure out of regional offices in Stamford, Houston, Londong and Singapore
  • Manage a team of managers who oversee the deal validation, contract execution, logistics, import/export and settlement of trading and asset activiites globally
  • Established project to develop consistent global control procedures across front, middle and back offices with an emphasis on automation and straight through processing of data. 
  • Introduced the concept of "follow the sun" support whereby regional work hands off through the world to balance work volume.
  • Manage the US facilities and Health and Safety teams supporting four major office sites, several small sales offices and six petroleum terminals
  • Sponsor/Owner of the business contintuity planning process.
06/1990 to 05/1993
Operations Associate Morgan Stanley Capital Group Inc – New York, NY
  • Prepared all Motor Fuels and related tax forms for the physical oil desk
  • Scheduled Gasoline and Distillate on Colonial Pipeline
  • Negotiated contracts in support of trades executed by desk
  • Prepared invoices and executed settlement of trades.
06/1987 to 06/1990
Operations Phillip Brothers/Phibro Energy Inc – New York, NY and Greenwich, CT
  • Operational rotation thorugh the Copper, Precious Metals and Aluminum scrap desks while attending the firms Trader Training program.
  • Reconciled trading Profit and Loss reports against accounting entries for the Oil desk while working in the Controllers department.
Education
1987
BBA: Finance
 Iona College - New Rochelle, NY
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Resume Overview

Companies Worked For:

  • Barclays Capital
  • Triple Point Technology
  • KPMG
  • PSEG ER&T
  • Tosco Corporation
  • Noble Americas Corp
  • Morgan Stanley Capital Group Inc
  • Phillip Brothers/Phibro Energy Inc

School Attended

  • Iona College

Job Titles Held:

  • COO - Commodities- Physical Oil Trading
  • Account Manager
  • Senior Manager
  • Director Operations, Control and Compliance
  • Senior Scheduler - Bayway and Trainer
  • COO - Energy Platform
  • Operations Associate
  • Operations

Degrees

  • BBA : Finance

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