Targa Resources

Senior Confirmation Analyst

Targa Resources$90K — $120K *
Energy & Utilities
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years in energy trading, focusing on confirmations for NGL and gas transactions
  • Familiarity with Dodd-Frank compliance and industry contracts
  • Proficient in ISDA and NAESB documentation and contract interpretation
  • Experience with ETRM systems like RightAngle or Allegro
  • Strong proficiency in Microsoft Office tools and analytics software
  • Attention to detail with an emphasis on accuracy in transactions and documentation
  • Excellent communication skills for cross-team collaboration

Responsibilities

  • Generate and review confirmations of transactions under master contracts
  • Analyze counterparty confirmations to ensure alignment with commercial terms
  • Interpret and validate pricing structures and contract terms
  • Reconcile discrepancies across trading systems, contracts, and confirmations
  • Investigate and resolve confirmation discrepancies and pricing issues
  • Coordinate with various teams to ensure transaction alignment
  • Track outstanding confirmations to meet compliance deadlines
  • Maintain thorough documentation and audit trails for transactions

Benefits

  • Opportunity to work in a dynamic energy market
  • Collaborative environment with cross-departmental interaction
  • Potential for involvement in process improvement initiatives
  • Exposure to advanced financial modeling and trading systems
  • Professional development opportunities in the energy trading sector
Full Job Description
POSITION SUMMARY

The Confirmation Analyst supports commercial gas marketing and natural gas liquids (NGL) operations by validating, reconciling, and confirming physical and financial transactions. This role is responsible for ensuring the accuracy and completeness of trade documentation, including ISDA agreements and related confirmations, while maintaining compliance with industry standards and regulatory requirements.

JOB DUTIES AND KEY RESPONSIBILITIES:
  • Generate and review standard form confirmations for transactions entered under master contracts, ensuring commercial terms are correctly captured and confirmations are dispatched within contract deadlines.
  • Analyze incoming counterparty and broker confirmations for natural gas liquids ("NGL"), financial, and physical gas confirmations to ensure that the deal parameters match the commercial terms in the Targa generated confirmation and that no legal language or additional commercial terms have been included on the confirmation.
  • Interpret and validate contract terms, including pricing structures, index references, and settlement provisions
  • Reconcile discrepancies between trading systems, contracts, and counterparty confirmations
  • Investigate and resolve confirmation breaks, volume variances, and pricing mismatches
  • Coordinate with trading, contract administration, scheduling, risk, accounting, and legal teams to ensure alignment on transaction terms
  • Track and manage outstanding confirmations, ensuring timely execution and compliance deadlines are met.
  • Maintain accurate documentation and audit trails for all confirmed transactions
  • Working knowledge of ISDA documentation and Dodd-Frank to manage the confirmation process for financial deals tied to ISDA agreements. This includes confirmation execution, deal entry into applicable systems and any related Dodd-Frank compliance requirements
  • Assist in implementing process improvements and automation initiatives within confirmation workflows
  • Monthly Risk Control reporting and management of complex business processes
  • Special projects as requested


MINIMUM ESSENTIAL QUALIFICATIONS:
  • Minimum 5+ years' experience in an energy trading and marketing environment performing verification of NGL, physical gas, and financial confirmations, or equivalent industry knowledge.
  • Experience with industry standard contracts and the confirmation process, including Dodd-Frank compliance
  • Experience interpreting special provisions, legal and contractual language (ISDA, NAESB, confirmations)
  • Experience with energy trading and risk management (ETRM) systems such as RightAngle and/or Allegro
  • High proficiency with tools such as SharePoint, Access, Business Objects, Microsoft Word, and Excel
  • Must be task oriented, meticulous with a high degree of accuracy especially with volumes, pricing, and contractual terms
  • Strong analytical skills with the ability to identify and resolve discrepancies in complex transactions
  • High aptitude and confidence in learning new computer software programs
  • Strong communication skills with the ability to engage with both internal teams and external counterparties
  • Ability to recognize issues by analyzing a large volume of information in a systematic and logical manner
  • Detail oriented, thorough, focused, perceptive, and inquisitive
  • Highly dependable and responsive
  • Experience with system implementations, user acceptance testing, process documentation, and preferred special projects
  • College degree preferred
  • Regular and reliable attendance

About Targa Resources

Targa is a leading provider of midstream services and is one of the largest independent midstream energy companies in North America. They own, operate, acquire, and develop a diversified portfolio of complementary midstream energy assets. They are primarily engaged in the business of: - gathering, compressing, treating, processing, and selling natural gas - storing, fractionating, treating, transporting, and selling NGLs and NGL products, including services to LPG exporters - gathering, storing, and terminaling crude oil - storing, terminaling, and selling refined petroleum products. They believe their growth will be driven by continued organic growth investments across their diversified asset footprint. Their assets are not easily replicated and are strategically located in some of the most attractive basins in the U.S., and interconnected with key NGL markets and logistics centers. Their gathering and processing assets are across multiple shale and natural resource plays, including the Permian Basin, Barnett Shale, Bakken Shale, Eagle Ford Shale, Anadarko Basin, Arkoma Basin, onshore Louisiana and the Gulf of Mexico. They have a leading position at Mont Belvieu, the NGL hub of North America. They have the second largest fractionation ownership position at Mont Belvieu and world class LPG export facilities on the Gulf Coast at their Galena Park Marine Terminal, which is interconnected to Mont Belvieu.

Targa Resources Careers

Join the dynamic team at Targa Resources, a leader in the energy sector, where innovation, leadership, and growth are at the heart of our operations. As one of the most prominent midstream energy operators, Targa Resources offers unparalleled job opportunities for professionals eager to advance their careers in a thriving and supportive environment.

Work You’ll Do

At Targa Resources, you will engage in meaningful work that directly impacts the energy landscape. Our team is committed to excellence and seeks to innovate and lead in every project. With a focus on sustainable and efficient energy solutions, your role will help shape the future of energy.

Explore a World of Opportunities

Whether you're looking for a full-time position or an internship, Targa Resources provides a platform for professional growth and development. Our diverse range of job opportunities in engineering, business development, and project management allows you to find the perfect match for your skills and career ambitions.

Innovate and Lead

Join a company where innovation is the status quo. At Targa Resources, we encourage our team to bring fresh ideas and perspectives to the table. Leadership is cultivated at every level, and we provide the necessary tools and diversity training to ensure you can lead successfully, regardless of your role.

Develop Your Career

Targa Resources is deeply invested in the professional growth of our employees. With comprehensive benefits, competitive compensation, and opportunities for advancement, we support your career journey from the start. Our leadership programs and professional development courses ensure that you have access to the best resources to succeed.

Be Part of Our Team

Our company culture is built on collaboration, respect, and a commitment to excellence. We value diversity and believe it enhances our team’s performance. Targa Resources is not just a company—it’s a community where you can build lasting relationships through networking and team collaboration.

Join Us

If you are driven, curious, and passionate about the energy industry, Targa Resources is the place for you. Explore our current openings and find out how your skills and interests align with our needs. We are actively hiring and looking forward to adding innovative and driven individuals to our team.

Prepare for Your Interview

Ready to join us? Prepare your resume to highlight your relevant experience and skills. Our interview process is designed to understand your capabilities and how they align with our goals at Targa Resources. We seek individuals who are ready to step up and make a difference.

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Apply Now

Discover the exciting and rewarding career opportunities at Targa Resources. Visit our Jobs and Careers page to apply and take the first step towards a fulfilling career with us. Your future at Targa Resources is just an application away.

SEARCH TARGA RESOURCES JOBS

Join Targa Resources—where your career is fueled by innovation and growth.
Learn more about Targa Resources
Market Cap
$16.1 billion
Industry
Net Income
-$1.5 billion
Founded
2006
5 Year Trend
+20.4%
Revenue
$8.2 billion
NASDAQ

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