Business Development Manager (Liquid Fuels)

Business Development Manager (Liquid Fuels)

Location : Houston, Texas

About Argus

Argus is the leading independent provider of market intelligence to the global energy and commodity markets. We offer essential price assessments, news, analytics, consulting services, data science tools and industry conferences to illuminate complex and opaque commodity markets.

Headquartered in London with over 1,400 staff, Argus is an independent media organisation with 30 offices in the world’s principal commodity trading hubs.

Companies, trading firms and governments in 160 countries around the world trust Argus data to make decisions, analyze situations, manage risk, facilitate trading and for long-term planning.

Argus prices are used as trusted benchmarks around the world for pricing transportation, commodities, and energy.

Founded in 1970, Argus remains a privately held UK-registered company owned by employee shareholders and global growth equity firm General Atlantic.

Argus Media is committed to ensuring career and personal growth for all its staff and provides extensive training and career development opportunities, as well as participation in employee-led initiatives, including a women’s network.

Our core values are Excellence, Integrity, Partnership and Inclusivity.

What will you be doing?

Argus' subscription services encompass a variety of fuels and commodities, including prices for gasoline, diesel, jet fuel, renewable fuels, asphalt, marine fuel oil, and environmental credits.

This management role is responsible for growing Argus’ oil products subscription business. The successful candidate will raise stakeholder usage of Argus indexes in physical commodity contracts, financial contracts, and within stakeholder organizations.

• Develop and execute a strategic plan to maintain and grow usage of Argus' liquid fuel indexes within an assigned beat (gasoline, diesel, biofuels, etc)
• Act as liaison to staff at major oil companies, primarily traders, analysts andpricing staff.
• Maintain a direct line of communication to Argus price reporters / editors,representing external stakeholders to this group and promoting the launch of new indexes as required
• Identify challenges, changes, and opportunities in the liquid fuel markets, escalating these within the Argus organization as appropriate.
• Identify problems market participants are experiencing with indexes & risk management, and identify opportunities to displace competitor indexes in markets where no clear problem exists.
• Collaborate with editorial staff to develop new indexes and change existing indexes, in consultation with traders and index users
• Collaborate with marketing staff and other managers to develop and enhance messaging around Argus' petroleum product indexes.
• This role operates within Argus' matrix organization, occupying a central position between regional leadership, editorial, & sales.

What we’re looking for in you :

• Full time Houston resident
• 7-12 years’ experience in petroleum product markets, ideally within pricing, risk, analysis, mid / back office.
• a clear communicator over email, over video chat, and in person.
• a keen interest in fuel / commodity markets, and an understanding of how spot markets operate
• the ambition to be great at what you do, and to grow within the Argus organization.
• good mental arithmetic and mathematical instincts
• a network of contacts within the Houston trading community

What’s in it for you :

• Competitive salary with bonus
• Hybrid work model
• Group medical, dental and vision plans
• Company paidshort term andlong termdisability and life insurance plan
• Group 401(k) safeharborretirement plan with a 6% company match
• 20vacation days your first year, which increases up to30days
• Subsidized gym membership
• Extensive internal and external training
30+ days ago