Rotational Commercial Program, Contracts
PlainsAdded 3h ago
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Quick summaryby newgrad.ai
What you'll do
- Complete a 12-month rotational program starting in Risk Management.
- Input crude oil transactions and generate purchase or sale contracts.
- Verify commercial terms and resolve discrepancies against internal deal records.
- Maintain contract correspondence and produce exception reports for management.
What they're looking for
- Recent bachelor’s degree in business, economics, data, math, or related fields.
- One to three years of relevant industry experience.
- Strong analytical, communication, and organizational skills.
- Proficiency in Microsoft Word and Excel.
Pay and perks
- Includes medical, dental, vision, and paid time off.
- Provides free parking at the Houston headquarters.
Job Type:
Regular
Plains is an industry-leading transportation and midstream provider specializing in transportation, storage, processing and marketing solutions for crude oil. We own an extensive network of pipeline transportation, terminalling, storage and gathering assets in key oil producing basins and transportation corridors and at major market hubs in the United States and Canada. The company is headquartered in Houston, Texas.
We’re on the lookout for passionate self‑starters who thrive in fast‑moving, collaborative, and innovative environments.
Summary
This position will be part of the new Plains Pathfinder Program, a formal rotational development program designed specifically for early-career professionals. The program offers participants hands-on experience across multiple areas of the business, helping them build broad commercial knowledge, strengthen their professional networks and accelerate their career development at Plains.
Job Responsibilities
- Accurately entering crude oil purchase/sale transactions into the Contract System
- Generate crude oil purchase/sale contracts to be sent to third parties
- Review and confirm the commercial terms of physical trades with third parties
- Compare third party contracts and broker recap details to internal deal recaps
- Identify and investigate any discrepancies discovered upon contract review
- Adhere to, and understand Risk Control corporate guidelines for contract timelines
- Generate contract exception reports for Risk Management
- Log, track, and maintain all contract correspondence
- Participation in a 12-month rotational program within Commercial functions which will begin with Risk Management
Skills
- Excellent verbal and written communication skills; must be able to communicate effectively with Counterparties, Traders, Risk Management and Legal department
- Excellent organizational skills
- Detail oriented (Accuracy is key)
- Ability to work in a fast-paced environment
- Ability to work effectively in a team situation and make good judgments regarding priorities with limited close supervision
- Knowledge of various computer programs, such as Microsoft Word and Excel.#Plains
Requirements
- Recent graduate of a Bachelors Degree program in Business, Economics, Data Analytics, Math, Computer Science, Management or similar program
- One to three years of prior industry experience
- Highly motivated with strong analytical and problem solving skills
- Strong willingness and desire to learn
- Goal oriented and able to contribute as a team player
- Knowledge and understanding of contract terms; experience in energy industry contract administration desired
This position is In-office and based in our Houston headquarters downtown location.
Relocation assistance is not available for this position.
The selected candidate will be eligible for company benefits including Medical, Dental, Vision, Paid Time Off (PTO), and Free Parking.
- Cleared criminal history (background) and satisfactory reference checks.
- Compliance with the Company’s drug and alcohol policy including pre-employment D&A testing.
- This position is not eligible for employment-based visa sponsorship. Applicants must be authorized to work in the U.S. for the duration of their employment.
At Plains, our employees are our most valuable asset. Hard work is rewarded with competitive compensation and a top-tier benefits program designed to keep our employees safe, healthy and happy. We work hard to deliver the best results to our stakeholders, and we also respect our employees' need for personal and family time, which is reflected in our benefits program.
We are proud to be an Equal Opportunity Employer. We are committed to providing employment opportunities to all qualified individuals, without regard to age, race, color, national or ethnic origin, religion, sex, sexual orientation, gender identity or expression, veteran status, genetic information, disability, or any other characteristic protected by federal, state, or local law. Applicants with disabilities can request accessible formats, communication supports, or other accessibility assistance by contacting WebCareers@Plains.com.
Salary details estimated by job boards such as Indeed, Glassdoor, and LinkedIn do not represent Plains’ compensation structure. We thank all candidates for their interest; however, only those selected for an interview will be contacted.
By submitting your resume, you consent to the collection, use and necessary disclosure of the personal information provided during the application and selection process. Learn more.
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