Trainee Broker

The role of the Trainee Broker encompasses support for the broker desk during the daily trading cycle, back-up for broker confirmations, and assisting the office manager as needed in daily tasks. Training will be provided.

LINK CRUDE/LINK FUTURES

• Compile analysis of prior day’s trading volumes and enter data into corresponding spreadsheetso Domestic Canadian and Rockies internal market recaps

• Update and maintain Wallboard market information

o Marketview, Posting Plus

• Learn and utilize the Bloomberg terminal and Link page

• Keep public folder Contacts up to date

• Generate ranking reports and revenue reports weekly

• Execute relevant reports for both internal use and client submission

o Link Daily Report- enter trades and generate report

o Forward Curve-enter values and generate each report daily

o Canadian Report- enter values and generate report

• Assist brokers in writing up daily transactions as they occur in real time

o Pointer

• Drafting deal sheet
• Distribute completed deals sheets to brokers.
• Distribute broker approved deal sheets to Access Confirmer
• Deal Sheet Revisions
• Redistribution of recaps between brokers

o Inputting deals in E-Confirm Compare entries with Access, recaps and deal sheets

• Respond to client inquires
• Investigate and correct unmatched trades
• Create E-Confirm Transaction approval report.

o Recorder

• Log all deals in deal book.
• Deal book revisions.
• Send reportable trades to teams for broker approval
• Report trades to Argus
• Check Daily transaction reports for accuracy

o Highlight anomalies and bring to broker desk attention

• Update daily volumes and Link percentage of physical and financial market

o Develop monthly and annual comparison tables for reference

• Input and save all Argus data for relevant analyses

o Develop relevant market analyses as needed

o Have a working knowledge of Excel for charting/data presentation

• Clear trades as needed through relevant exchange portals
• Enter customer transactions into E-Confirm platforms as needed
• Answer phones throughout the day as needed.
• Maintain up to date market information throughout the day

o Understand parties and current markets

• Understand and assist the Confirmations position as needed

o E-Confirm, Trade Recaps, Broker Web

o Backup for this position in the event of emergency

• Develop understanding of the role of a Broker in the domestic crude market

o Crude Oil pricing and Infrastructure

o Market movement and trends

o Clients and company relationships

• Earn Series 3 License
• Earn Series 30 License

o Ensure Brokers timely administration and completion of broker compliance testing.

o Ensure accurate record keeping and documentation for all Exchange traded products

Link Data Services

• Generate, assist with and send out Link Crude Daily Report, End of Day and Canadian Report.

• Updating settlement prices for Forward curve

• Manage distribution lists for all LDS reports.