steven wen

**** ******** ** • Tustin, CA • *****

CELL 562-***-**** • E-MAIL acvusx@r.postjobfree.com

EXPERIENCE

CRC Marketing Inc. (Oxy USA), Long Beach, CA 2014 – Present

Senior Manager of Trading

Manager of the Natural Gas, Power and Emissions Trading Desk. Responsible for optimizing all California assets including production, storage and transportation via physical and financial trading and hedging strategy. Nymex, basis, options and spot on ICE/Barx/CME/OTC/Broker markets.

Reduced procurement cost of CCA and NOx by implementing spread roll, options, and auction strategy.

Coordinate with Crude, NGL and Power groups to maximize PNL and minimize operational risk.

Manage necessary business processes, controls, and legal/regulatory requirements.

Increased revenue by $1M annually by optimizing transportation and storage assets.

Capitalize on arbitrage opportunities with short term transportation and storage.

Lead scheduling and analytics team which increased gas flow rates to 99%.

Sempra Energy, LOS ANGELES, CA 2009 – 2014

Senior Financial Trader

Responsible for the management of the Natural Gas and Emissions book in both physical and financial markets. Create opportunities by structuring financial products. Maximize storage and gas transportation assets. Nymex, basis, options and spot on ICE/Barx/CME/OTC/Broker markets.

Manage the financial trading book and California Carbon Allowances (CCA) for the greenhouse gas book.

Increased revenue sources by developing embedded options program and the winter hedge program strategy.

Grew Diversity Business Enterprise (DBE) business by 75% managing bidweek baseload trading.

Optimize 500k mmbtus/day of natural gas transport capacity El Paso and Transwestern pipeline.

Manage 83 BCF Secondary Market Services (SMS) storage assets.

MACQUARIE Energy, Houston, TX 2006 – 2009

Trader

Responsible for the trading of short and long term physical and short-medium term financial West natural gas markets, with an increased focus on providing client solutions. Oversaw all gas scheduling operations and trained all junior schedulers in the Southwest. Nymex, basis and spot on ICE/OTC/Broker markets.

Manage scheduling operations in the Southwest, West Texas, SoCal and Rockies region.

Increase deal flow with Southwest clients to over .2 Bcf/d by coordinating with marketing team to focus on customer solutions products, which generated over $500k.

Grew asset book by 60% by developing park and loans business with El Paso pipeline, which generated $325k and acquiring short-term transport on El Paso Pipeline, Duke Guadalupe, and Transwestern Pipeline which generated $700k from a new stream.

PNL results based on fiscal year ending in March: 2009 $3 million (350k dVAR), 2008 $2.2 million (200k dVAR)

Published West Natural Gas commentary for the Macquarie Energy Report.

Cook – Inlet Energy, LOS ANGELES, CA 2005 – 2006

West Scheduler

Responsible for the daily pipeline nominations process and daily reconciliation with gas exchanges, transport, park and loans, storage and gas imbalances. Trade day ahead physical cash in the Southwest region. Ensured accurate entry gas sales information. Kept team updated with latest pipeline operational and available capacity information.

Primary gas scheduler for Socal Envoy, El Paso Passport, Transwestern Pipeline, Enterprise Waha, Northwest Pipeline, Gas Transmission Northwest, Williams Gaskit, and PG&E Piperanger EBB systems.

Slashed scheduling related cost by 25% by negotiating alternative transport routes during constrained flow periods.

United States Navy 1996 – 2000

Avionics Technician Second Class

Responsible for repairing, and maintaining electronic systems in fixed wing and rotary wing aircraft, including gyros, GPS systems, and navigational systems. Specialized in the E2C Hawkeye. Supervised a shop with 4 direct reports.

Instructed a class about construction, repair and maintenance of lead acid and nickel cadmium aircraft batteries.

Revised complete catalog of military avionics technical manuals.

Recovered four S-3 aircrafts from salt-water mishap during an emergency effort that saved over 10 million in avionics equipment, earning a letter of commendation from the CNO.

EDUCATION

MBA, Chapman University, Orange, CA

BA, Economics, California State University, Northridge, CA

SKILLS

Microsoft Word, Excel, PowerPoint, Market View, Updata Analytics, Tableau Analytics

Contact this candidate