Director, Commodity Research & Hedging
Apply NowCompany: Continental Resources
Location: Oklahoma City, OK 73160
Description:
Job Summary
The Director, Commodity Research and Hedging is responsible for leading a team in providing analytical insight into crude oil and natural gas markets. This role's responsibilities include developing econometric models, monitoring third-party research, and formulating strategic recommendations for senior management.
Duties and Responsibilities
Skills and Competencies
Required Qualifications
Preferred Qualifications
Physical Requirements
Continental Resources, Inc. provides equal employment and affirmative action opportunities to applicants and employees without regard to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), age, sexual orientation, gender identity, national origin, protected veteran status, or disability.
The Director, Commodity Research and Hedging is responsible for leading a team in providing analytical insight into crude oil and natural gas markets. This role's responsibilities include developing econometric models, monitoring third-party research, and formulating strategic recommendations for senior management.
Duties and Responsibilities
- Build and lead a highly technical, experienced team capable of developing commodity supply, demand and pricing models while leveraging existing third-party research.
- Thoroughly understand the fundamentals and underlying dynamics of global energy commodities, including how macroeconomic and geopolitical events may influence market behavior.
- Prepare and present reports and presentations to management and stakeholders to keep them informed of market developments.
- Develop and articulate a forward-looking, data-driven perspective across all energy markets, and work to align internal corporate stakeholders, including senior management.
- Identify emerging trends, asymmetries, and pricing opportunities in commodity markets and translate into actionable hedging strategies to minimize exposure to commodity price volatility.
- Understand the impact of market changes and fundamentals on the Company and can translate into actionable business plans.
- Collaborate with internal stakeholders to provide deeper insights utilizing market-based perspectives.
- Leverage advanced analytics and data science capabilities to augment commodity research and drive value-adding insight and forecast accuracy.
- Display confidence in understanding commodity drivers, trends, and their impacts at strategic and tactical levels.
- Lead and develop employees effectively.
- Other duties as assigned.
Skills and Competencies
- Strong communication skills, both written and oral.
- Proficient computer skills.
- Proven team player.
- Confident to build a network of internal and external contacts to help shape point of view.
- Builds effective teams - Building strong-identity teams that apply their diverse skills and perspectives to achieve common goals.
- Instills trust - Gaining the confidence and trust of others through honesty, integrity, and authenticity.
- Manages complexity - Making sense of complex, high quantity, and sometimes contradictory information to effectively solve problems.
- Collaborates - Building partnerships and working collaboratively with others to meet shared objectives.
- Organizational savvy - Maneuvering comfortably through complex policy, process, and people-related organizational dynamics.
Required Qualifications
- Bachelor's degree from an accredited college or university in Economics, Finance, or a related field.
- Master of Business Administration (MBA), Executive MBA (EMBA) or Master of Science in Finance, Marketing, Data Analytics, or Economics.
- Minimum of five (5) or more years' experience covering energy markets in a research capacity.
- An acceptable pre-employment background and drug test.
Preferred Qualifications
- Experienced leader with the ability to build teams.
- Deep knowledge of the oil and gas sector.
- Credible as a recognized authority in the external community.
- Proven ability working at a senior level in a fast-moving, rapidly changing environment.
Physical Requirements
- Requires prolonged sitting, some bending and stooping.
- Occasional lifting up to 25 pounds.
- Manual dexterity sufficient to operate a computer keyboard and calculator.
Continental Resources, Inc. provides equal employment and affirmative action opportunities to applicants and employees without regard to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), age, sexual orientation, gender identity, national origin, protected veteran status, or disability.