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Chevron Corporation LNG Structurer in Houston, Texas

Chevron is accepting online applications for the LNG Structurer position through August 10th , 2022 at 11:59 p.m.

We are currently seeking an LNG Structuring professional with excellent analytical/numerical skills, strong commercial acumen, material transactional experience, and problem-solving skills to join our dynamic organization. Ideal candidate should be a natural team player and have an eye for innovation and continuous improvement. Chevron provides an outstanding culture, inclusive leadership, career opportunities and the tools for success – you bring the Human Energy™!

The Gas Supply and Trading (GSAT) LNG Structurer will be responsible to support portfolio growth and work alongside the LNG Originators from deal idea creation until closure of the contract, while being accountable for the methodology of the valuation and risk assessment of complex transactions. The position will maintain a strong internal network including Supply & Trading (S&T), Corporate Business Development (CBD), Chevron New Energies (CNE), Value Chain Optimization (VCO), Shipping, Finance and Legal amongst others to create work teams to pursue commercial opportunities in the most effective way possible. This role will report into the GSAT General Manager LNG Ventures and Business Development.

Organization overview:

Chevron Supply and Trading (S&T) provides a critical link between the market and Chevron’s upstream, downstream and chemicals companies. We provide commercial support to our crude oil and natural gas production operations and to our refining and marketing network. We are headquartered in Houston, Texas, and have offices worldwide – including trading hubs in Houston, London, Singapore and San Ramon, California. Our trading professionals manage commodity transactions averaging five million barrels of liquids and five billion cubic feet of natural gas each day. Our activities are organized by crude oil, natural gas and refined products.

The Deal Structuring team is a commercial function accountable for the valuation and risk assessment of new complex contracts that takes ownership of the valuation and deal management methodology. The main activity of the Deal Structuring team is close collaboration with Originators and Trading desks to develop deal opportunities that add value and support growth of the portfolio.

The main commercial stakeholders for the Deal Structuring team are the LNG Origination and Trading teams that operate globally with desks in London, Singapore, and Houston. The candidate is expected to have the necessary experience and self-dependence to quickly build a strong relationship with the business. The role requires an agile, creative mind and strong work ethic to keep pace with market developments.

Position summary:

The Gas Supply and Trading (GSAT) LNG Structurer will be responsible to support portfolio growth and work alongside the LNG Originators from deal idea creation until closure of the contract, while being accountable for the methodology of the valuation and risk assessment of complex transactions. The position will maintain a strong internal network including Supply & Trading (S&T), Corporate Business Development (CBD), Chevron New Energies (CNE), Value Chain Optimization (VCO), Shipping, Finance and Legal amongst others to create work teams to pursue commercial opportunities in the most effective way possible. This role will report into the GSAT General Manager LNG Ventures and Business Development.

Responsibilities for this position may include but are not limited to:

  • Develop and own valuation methods and models for pricing and risk assessment of complex contracts. Identify value drivers and risks inherent in the transactions (e.g. market risk, project risk, credit risk, regulatory risk, financing risk)

  • Represent the Deal Structuring team and build strong relationships with the business stakeholders and internal functional departments (Risk, Finance, Credit, Legal, Shipping, VCO)

  • Collaborate with originators and traders to create innovative structured products in response to demand and changing market conditions

  • Provide an independent view on transactions, with constructive challenge of the deal owner as required and suggest alternative solutions or improvements

  • As part of the deal team proactively engage with commercial project leaders to (re-)structure non-standard transactions during negotiation phase, be creative to suggest alternative solutions and adaption of contract structures

  • Work closely with all relevant internal stakeholders during the approval process

  • Collaborate with deal owners to manage and extract value from acquired structured positions

  • Maintain close, collaborative relationships with the wider origination team and other internal partners in the value chain

  • Maintain an outward mindset and ongoing commitment of Deal Structuring to the One-team approach

  • Manages development of candidates in more junior roles as practicable

  • Ensures activities are integrated into the overall Chevron LNG Strategy

  • Interact with the trading teams and management for input to test opportunities against CVX strategic intents

  • Establish a network of contacts to enhance market intelligence

Required Qualifications:

  • Degree or post-graduate degree in any numerical subject (MSc, CFA, ACA or similar)

  • Experience in financial modelling or risk management in a trading environment

  • Excellent analytical/financial skills, business acumen and demonstrated achievement and experience with financial terms and metrics

  • Material transactional experience including experience in long-term origination and business development, especially in LNG

  • LNG commercial acumen and understanding of the full LNG value chain from production to customer

  • Thorough understanding of commodity markets

  • Exposure to reviewing and wording contractual agreements from a commercial viewpoint

  • Fluency in the English language

  • Regular travel availability

Preferred Qualifications:

  • 7+ years of LNG supply and trading experience, preferably in LNG origination and/or business development

  • Good interpersonal skills, both with team colleagues and stakeholders, with a proven track record as a senior team member

  • Proven ability to work within a complex team, experience in working across multiple locations highly desirable

  • Excellent communication, relationship building and presentation skills

  • Able to work independently with limited supervision in new market or partner environments. Strong self-starter

  • Excellent communication skills

  • Strong Chevron Way behaviors

Relocation Options:

Relocation may be considered.

International Considerations:

Expatriate assignments will not be considered.

Chevron regrets that it is unable to sponsor employment Visas or consider individuals on time-limited Visa status for this position.

Regulatory Disclosure for US Positions:

Chevron is an Equal Opportunity / Affirmative Action employer. Qualified applicants will receive consideration for employment without regard to race, color, religious creed, sex (including pregnancy, childbirth, breast-feeding and related medical conditions), sexual orientation, gender identity, gender expression, national origin or ancestry, age, mental or physical disability (including medical condition), military or veteran status, political preference, marital status, citizenship, genetic information or other status protected by law or regulation.

We are committed to providing reasonable accommodations for qualified individuals with disabilities. If you need assistance or an accommodation, please email us at emplymnt@chevron.com.

Chevron participates in E-Verify in certain locations as required by law.

Chevron is an Equal Opportunity / Affirmative Action employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status, or other status protected by law or regulation.

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