Rockwood Energy Search

Executive Search for the Energy Industry

Career Center

Keeping Cool About Career Growth

In the long term, the energy complex of companies continues to grow and jobs are being created.  However, the growth is not a straight line, and we go through cycles of job creation and destruction.  It’s typical during down times for people to be excessively pessimistic about careers, and in boom times, people feel that they never have to worry where the next job is coming from.


It’s desirable to have a longer-term plan about one’s career plus keep up with current changes and determine what effect they have on your career.

 

This page provides help on both the strategic and tactical aspects of career growth.  It features some perennial advice and some current comments on what’s happening in the job market.



General
 


The Annual Job Cycle in Energy Firms


“On Finding a Job: When the Going Gets Rough”


Resume Writing Tips and Resources


Fall 2010 Backdrop to the Energy Markets


The 2011 Job Market In Wholesale Energy


Tips for Employers--Recruiting in 2011 and Beyond



2009 Survey on Corporate Career Websites

In October, 2009, 527 people from the Rockwood Energy Search contact database were invited to complete the survey.   The topic was Company Career Websites that they might have visited.

116 people responded (22% of the 527), and of those 116, 78% indicated that they had looked for a new position in the last year.  This number is not representative of the employee population as a whole since recruiter databases are more heavily weighted with people seeking new jobs.

The remaining 22% did look at career websites---shopping around, one might say, to “see what’s out there,” but didn’t apply or fully register on the sites.



Titles of Those Who Responded

The titles ranged from analysts and associates at the low end to VP’s in Banks or Directors in merchant firms or utilties.  There were only a few Managing Directors or SVP’s that might have been included in the original mailing, but very few responded.

Functionally, the survey covered a wide range of types of jobs:

Sales/Origination
Structuring
Quantitative Analysis
Consulting
Risk
Economic Analysis/Fundamental Analysys
Trading
 

Report on The Survey

Corporate Career Sites-Survey Report


Survey Details

Click on one of these links to get the details:

Questionnaire Results---All Responses

Questionnaire Results---Those who were serious job seekers.
 

Analytical Careers

 

“Getting That First Quantitative Job.”



Risk Management Careers

 “What Some Risk Managers Are Looking For In Candidates”




Resources


Global Association of Risk Professionals www.garp.com.  Note that GARP now has an Energy Risk Professional designation.  Even for those who don’t plan to get the designation, it’s worth a peek at the topics covered in the exams and the core reading materials.

Professional Risk Manager Association
http://www.prmia.org.  The case studies that one can download are the classic high profile cases of what went wrong.  For those of us who have been in the energy business since the 80’s, it’s amazing to think that some firms in the industry keep finding ways to lose money through flawed risk management strategies (or the absence of risk management strategies).  These are required reading for serious risk management professionals.

 


CAREERS IN:   
Credit Risk Management       Market Risk Management       Front-office and Mid-office Analytics      
Power Pricing and Structuring for Wholesale or Retail Structuring
      Natural Gas Pricing and Structuring       Natural Gas Trading-Financial Markets       Power Trading & Market Making   
Power Asset Analysis and Optimization       Power Portfolio Analysis       Power Basis Trading      
FTR Analysis & Trading     Fundamental Analysis-Power       Fundamental Analysis-Crude and Products     
Energy Trading & Risk Management Systems (ETRM)