Job Posting Date:  Nov 15, 2024
Location: 

Houston, TX, US, 77077

Job Function:  Trading

CITGO PETROLEUM CORPORATION

CITGO Petroleum Corporation is a recognized leader in the refining industry and operates under the well-known CITGO brand. CITGO owns and operates three refineries located in Lake Charles, LA.; Lemont, IL.; and Corpus Christi, TX, and wholly and/or jointly owns 38 active terminals, six pipelines and three lubricants blending and packaging plants. With approximately 3,300 employees and a combined crude capacity of approximately 807,000 barrels-per-day (bpd), positions CITGO as one of the best-branded supplier companies in the industry.

 

At CITGO our people are our most important resource.  Our core values are Safety, Integrity, Respect, Accountability, and Care.

Job Summary

Responsible for the development, implementation, and nurturing of the ethics and compliance program and culture for our supply and trading business. Also responsible for providing support for surveillance and monitoring for our commercial teams on ethics and compliance initiatives, activities and transactions consistent with our policies regarding supply and trading activities.

Responsible for conducting thorough risk assessments and monitoring activities related to CITGO’s third-party engagements to mitigate potential compliance risks.  Utilizing analytical tools to regularly measure and report on the effectiveness of the Ethics and Compliance Program, contributing to its continuous improvement.  Leading across various elements of the Ethics and Compliance Program, ensuring alignment with organizational standards and regulatory requirements.

Minimum Qualifications

Bachelor's degree

2 years experience

  • Excellent judgement
  • Demonstrated timely communication skills, written and oral with various departments including HR, Legal Affairs, outside counsel, and Leadership
  • Strong attention to detail and analytical skills
  • Proficient in Microsoft Office 365 applications (Word, Excel, PowerPoint, Teams, Power BI, etc.)

Job Duties

Support the Manager of Commercial Ethics and Compliance and the Commercial Compliance Lead in conducting compliance risk assessments and monitoring of trading activity, strategies and business communications to ensure compliance with applicable rules and regulations enacted by external regulatory authorities and CITGO's internal policies, and Code of Conduct.

Apply knowledge of existing laws, rules and regulations impacting the trading business while staying abreast of developments, proposals and new regulatory requirements,  Assess potential impacts of any new development, proposal, law, or regulation, and participate in the assessment, development and implementation of systems, processes and procedures to meet these requirements.

Support the overall workflow of the CITGO third party risk management and monitoring program.  Reviews documentation, assesses risk levels, develops, and reviews existing policies and procedures, and manages exceptions.

Support the overall E&C team by continuously measuring, analyzing and providing input to ways to enhance the CITGO E&C program. This includes providing input and feedback to new ideas, concepts, tools, etc., as well as participating in team-wide initiatives.

Job Duties II

Job duties displayed above are not all-inclusive, site-specific responsibilities may be assigned. 

 

Here are the incentives we offer:

• Remote Work options available for eligible positions
• Options are department and/or location specific
• 9/80 Work Schedule Option (where applicable)
• Annual Vacation Incentive (40-120 hours of additional pay) for Eligible Employees
• Paid Vacation Time
• Company-Paid Holidays
• Caregiver Leave
• Excellent 401(k) Match
• Pension Plan
• Company-Paid Sick Leave and Long-Term Disability
• Medical, Dental, & Vision Plans; FSA and HSA options
• Company-Paid Life Insurance for Active Employees
• Healthy Rewards Program
• Service Awards Program
• Educational Assistance Plan
• Dependent Children Scholarships
• Reimbursement for Gym Membership
• Employee Discount Programs
• On-site Health Clinic (select locations)
• On-site Cafeteria (select locations)
• On-site Credit Union and ATM (Corporate office only)
• On-site Fitness Center (select locations)


PLEASE NOTE ALL JOBS DO NOT QUALIFY FOR ALL PERKS

 

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or disability.

Requisition ID - 957 


Nearest Major Market: Houston