RICH PSENICKA
Sr Logistics Scheduler
Calgary,AB
Summary
A results-driven oil and gas professional with over eighteen years of extensive experience in the midstream sector. Detail-oriented individual with exceptional communication and project management skills. Proven ability to handle multiple tasks effectively and efficiently in fast-paced environments. Recognized for taking proactive approach to identifying and addressing issues, with focus on optimizing processes and supporting team objectives. Intermediate-to-Advanced user with Allegro, Entero and all MS Applications.
Overview
18
18
years of professional experience
1
1
Certification
Work History
Senior Logistics Scheduler, Refined Products
Elbow River Marketing LTD.
05.2020 - 04.2024
- Refined Products Logistics Team Lead that oversaw a team of Logistics Schedulers and a Logistics Analyst during an eighteen-month Mat Leave coverage
- Scheduled and managed Gasoline, Diesel, Ethanol and Butane loads; via rail and truck transport modes, with several refineries, transload facilities and storage hubs around North America
- Managed the supply to four transload sites that moved over 80MML/month to retail gas stations
- Provided market and rail asset analysis to traders and logistics team, which supports deal fulfillment and maintenance of short and medium-term commercial opportunities
- Interacted with marketing, operations, customers, vendors, and railroads daily to ensure the most efficient business was always conducted
- Optimized railcars daily to balance fleet requirements and achieve highest margins possible
- Assisted traders in monitoring daily position changes for hedging activities
- Proactively identified and communicated issues / opportunities to traders and logistics team
- Balanced nineteen inventories while conducting deal reconciliation activities for month end
- Managed all on/off boarding of railcars and seasonal repositioning throughout the year
- Provided leadership role through mentorship, knowledge transfer and guidance within the team
- Negotiated private freight rates with railroads and rail subleases with external counterparts
Logistics Scheduler, Crude | Fuel Oils | Asphalt
Elbow River Marketing LTD.
07.2015 - 05.2020
- Scheduled and managed Crude, Heavy Fuel and Asphalt loads; via rail and truck, with several refineries, transload facilities and storage hubs around North America
- Coordinated crude barge movements from shore tank storage facilities to Gulf Coast refineries
- Nominated and managed crude pipeline flows on various lines throughout Canada and the US
- Assisted traders in monitoring price spreads and modelling market opportunities
Senior Analyst, ETRM | Logistics | Risk
Elbow River Marketing LTD.
01.2014 - 07.2015
- Provided direction, guidance, and definition of business architecture to effectively support Elbow River's overall business strategy
- Met with key business leaders to identify future project initiatives as part of the project lifecycle
- Analyzed and negotiated demurrage / detention claims from railcar owners
- Provided logistical support for LPG, Crude and Refined product teams as needed
- Team lead for the Treasury, Credit and Risk departments while we developed and implemented Elbow River's ETRM platform (Allegro)
- Mapped over 2,000 price indexes between MarketView and Allegro
Senior Risk Analyst
Elbow River Marketing LTD.
03.2010 - 01.2014
- Conducted daily trades in USD, CAD and GBP currencies
- Monitored all physical and financial positions to formulate structured currency hedges
- Trading envelope included: Spot purchases/sales, swaps, forwards, and vanilla option contracts
- Managed and scrutinized commodity hedges for coverage of related physical deals
- Reviewed and approved counterparty futures and swap confirmations
- Authorized payments for financial settlements
- Prepared and managed various ongoing reports that identified physical and financial exposures
- Analyzed P&L and derivative positions for LPG, Crude, Refined Product book groups
- Formulated ongoing Position and Mark-to-Market reports for the Senior Leadership Team
- Provided creation and support services to internal pricing database
- Oversaw the daily maintenance, updates, and upgrades of internal pricing system
- Negotiated and approved yearly pricing subscriptions with industry pricing sources (ICE, OPIS, Platts, ARGUS, Genscape, etc.)
Margin & Risk Analyst
Natural Gas Exchange Inc. (NGX/ICE)
10.2007 - 11.2009
- Conducted annually, 200+ credit reviews to ensure counterparties followed CFTC regulations, corporate policies, and procedures
- Mitigated commodity trading risks through the management of over $3.0 billion in collateral
- Margin-Called counterparties daily to ensure sufficient collateral was always in place
Analyst, Credit Risk Management
Enbridge Inc.
06.2006 - 10.2007
- Oversaw new and existing counterparty credit requests for three growing Natural Gas portfolios and emerging business units (EGSI, EGDI and ESD)
- Worked directly with legal, contracts, and commodity trading groups on NAESB, ISDA, Gas EDI's and other energy related contracts
Education
Petroleum Refinery Processing and Bitumen Upgrading -
Petroleum Institute
Calgary, AB02-2018
Fuel Hedging University -
OPIS
Calgary, AB06-2012
BBA - Finance
University of Lethbridge
Lethbridge, AB04-2006
Skills
- Attention to detail
- Customer service
- Computer skills
- Critical thinking
- Teamwork and collaboration
- Effective multitasking
- Problem-solving
- Telephone etiquette
- Microsoft Office Suite
- Key relationship development
- Inventory tracking
- Strong problem solver
Languages
English
Native or Bilingual
Certification
- CPR/AED Certification
- First Aid Certification
- H2S Alive Certification
Timeline
Senior Logistics Scheduler, Refined Products
Elbow River Marketing LTD.
05.2020 - 04.2024
Logistics Scheduler, Crude | Fuel Oils | Asphalt
Elbow River Marketing LTD.
07.2015 - 05.2020
Senior Analyst, ETRM | Logistics | Risk
Elbow River Marketing LTD.
01.2014 - 07.2015
Senior Risk Analyst
Elbow River Marketing LTD.
03.2010 - 01.2014
Margin & Risk Analyst
Natural Gas Exchange Inc. (NGX/ICE)
10.2007 - 11.2009
Analyst, Credit Risk Management
Enbridge Inc.
06.2006 - 10.2007
Petroleum Refinery Processing and Bitumen Upgrading -
Petroleum Institute
Fuel Hedging University -
OPIS
BBA - Finance
University of Lethbridge
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