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Analyst Risk Operations at OXY

Analyst Risk Operations

OXY Houston, TX Full-Time

Occidental Petroleum Corporation (NYSE: OXY) is an international oil and gas exploration and production company, and its OxyChem subsidiary is a major North American chemical manufacturer. We are one of the largest U.S. oil and gas companies, based on equity market capitalization, with more than 40,000 employees and contractors worldwide.

Our greatest asset has been and will continue to be our people.  We are looking for an experienced and motivated individual to fill the position of a Analyst within our Trade Control function (Risk Operations) based in Houston, Texas.

Key Responsibilities

  • Manage all aspects of counterparty onboardings and refreshes for Marketing and Midstream
  • Set up and maintain all counterparty master data in E/CTRMs. (i.e., contracts, fees, mappings, interfaces with other systems, etc.).
  • Liaise directly with the counterparty to ensure all information is received and disseminated.
  • Liaise with internal legal teams to execute any required agreements necessary for the relationship.
  • Liaise with other internal support teams to gather or disseminate information as needed.
  • Keep internal trading teams informed of status throughout the entire onboarding process and escalate issues as needed.
  • Handle sensitive and confidential information in accordance with OXY’s policies.
  • Prepare and send Authorized Trader Letters and other notices to counterparties.
  • Execute reporting, prepare dashboards, and heatmaps.
  • Assist with annual training.
  • Prepare and distribute quarterly/annual regulatory reports.
  • Respond to internal and external audit inquiries.
  • Manage record keeping for all counterparty intake documents and related correspondences.
  • Cross train on other tasks within the Operations Risk department (i.e., Confirmations, Business Incident Reporting, etc.).
  • Recommend, develop, and implement solutions to support continuous improvement to our processes and procedures.
  • Manage competing priorities and set clear expectations for stakeholders.

Required Qualifications:

  • BA/BS degree in Finance, Business, Legal Studies AND 1-3 years risk operations, regulatory compliance, or audit experience. OR 5+ years risk operations, regulatory compliance, or audit experience.
  • 1-3 years of experience in KYC/counterparty onboarding requirements.
  • 1-3 years of experience in managing master data in an ETRM (i.e., Allegro, Right Angle, or TriplePoint).
  • Ability to effectively analyze/vet counterparty information and documentation to facilitate transaction enablement.
  • Proficient user of Microsoft Office Suite.
  • Strong organizational and time management skills; excellent attention to detail.
  • Exceptional written and verbal communication skills.
  • Ability to work well under pressure and handle challenging deadlines, high sense of urgency.
  • Proven analytical and problem-solving skills.
  • Collaborative and positive team player focused on achieving team success.

Desired Qualifications:

  • Working knowledge of SAP.
  • Proven experience collaborating with multiple stakeholders across time zones.
  • Experience in visualization tools like Power BI, Tableau or Visio.
  • Experience in creating Training Manuals and or Desk Procedures.
  • Proficient in SQL.

Relocation:  Will not be offered at this time.

Occidental does not offer sponsorship of employment-based nonimmigrant visa petitions for this role.

Occidental is an Equal Opportunity/Affirmative Action Employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, marital status, political preference, sexual orientation, gender identity, national origin, protected veteran status, or disability status.

Recommended Skills

  • Analytical
  • Attention To Detail
  • Auditing
  • Business Process Improvement
  • Communication
  • Confidentiality
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Job ID: 00029297