Monty Burton
The Woodlands,TX
Summary
Dynamic risk management professional with expertise in ETRM implementation and project leadership. Proven ability to enhance operational efficiency through data analysis and process improvement. Accomplished leader in risk control and ETRM systems, driving business transformation through strategic planning and process optimization. Skilled in fostering cross-functional collaboration to ensure seamless transitions and operational success.
Overview
39
39
years of professional experience
Work History
Managing Owner
Burton Energy Consulting
04.2023 - Current
- Provided risk control functions for energy trading companies. Commodities include crude, refined products, and natural gas. Experience in trading, MtM and position reporting, reference data management, leveraging ETRM processes. Have the ability to communicate across all levels of an organization.
- Implemented system changes to improve data quality in ETRM.
- Implemented processes to update and load market curves.
- Reinstated and improved daily PnL reporting process.
- Implemented process to reconcile hedge and inventory reconciliation.
- Reinstated processes to run End-of-Day processes.
- Improved communications and relationships with Front and Back Office.
Senior Manager - Transformation
Parkland USA
11.2024 - 07.2025
- Provided business expertise for Parkland's implementation of ERP, ETRM, and scheduling system, ensuring alignment with operational goals. Managed front office process as steward, facilitating effective transitions to new systems. Implementing products that are not currently in ETRM system. Led group of stewards for ongoing implementation efforts, coordinating activities to drive project success.
- Developed and implemented strategic plans to enhance operational efficiency.
Head of Risk
Tauber Oil Company
02.2021 - 03.2022
- Streamlined operations across multiple risk desks, enhancing overall effectiveness.
- Led 3 analysts in daily position and P&L reporting for trading, identifying system and process improvements.
- Implemented many system changes to improve data quality in RightAngle.
- Enhanced communications and relationships with Front and Back Office, fostering collaboration.
- Acted as lead contact on internal audit.
Risk Manager Projects
Motiva Enterprises LLC
Houston, TX
01.2019 - 06.2020
- Implemented Nasdaq SMARTS for monitoring deceptive trade practices.
- Served as primary contact for Risk Control, coordinating with internal and external audit.
- Supported Motiva initiatives by implementing risk systems and facilitating communication between management and other departments.
- Delivered reporting functionality for trading results within project scope.
Head of Market Risk and Compliance
Motiva Enterprises LLC
Houston, TX
03.2018 - 12.2018
- Led 10 analysts and team leads to report and monitor market and regulatory risk for the Supply and Trading portfolio. Provided P&L, VaR and position reports. Compliance included regulatory reporting and KYC.
- Oversaw team leads to ensure market compliance for Trading operations.
- Led team leads to perform oversight and support for Crude and Products trading.
- Coordinated Motiva Risk Committee meetings to ensure effective communication on risk issues.
- Reviewed and offered compliance recommendations for Aramco Risk Committee discussions.
- Reported exposure, VaR and mark to market information.
Manager Risk Control
Motiva Enterprises LLC
Houston, TX
09.2017 - 03.2018
- Managed team of 6 to 8 analysts, overseeing daily operations and fostering professional development.
- Led group of analysts providing oversight and support for Crude and Products trading, ensuring compliance and risk mitigation.
- Developed and delivered reporting packet for Motiva Risk Committee, facilitating informed decision-making on risk exposure.
- Reported exposure, VaR and mark to market information.
- Process included providing daily hedge orders to Trading for inventory.
Manager Market Analysis
Motiva Enterprises LLC
Houston, TX
03.2017 - 09.2017
- Generated daily market statistics and commentary while developing market models to support trading strategies.
- Established group to deliver market analytics for crude and products trading, enhancing decision-making.
- Produced market commentary for Risk Committee, informing risk assessment and strategic planning.
- Provided transfer price support and internal price reporting.
Director Risk Advisory and Technology
WG Consulting
Houston, TX
02.2016 - 07.2016
- Led implementation of Credit and Risk functions, processes, and policies for client in deregulated Mexican power market as interim Risk Manager.
Commercial Business Manager Americas (Crude Supply & Trading)
Chevron
Houston, TX
01.2014 - 01.2015
- Led a 16 person team of business and commercial analysts which provided daily reporting of the Americas Crude Trading performance and position. Provided business and commercial analysis on crude portfolio. Responsible for delivering commercial analysis to assist traders in developing market calls and provide the company with a short-term view of crude markets.
- Implemented process improvements that increased efficiency in Americas crude business by 20%
- Coordinated relationships with support functions, including accounting, IT, risk control, and trading risk management, to enhance collaboration and efficiency.
- Enhanced understanding of corporate-level impacts on crude supply and trading operations.
- Led team through external and internal audits, achieving zero less than satisfactory findings.
Manager Planning and Performance Reporting (Downstream)
Chevron
Houston, TX
01.2010 - 01.2014
- Built and led a team of 6 to 12 analysts responsible for building the Strategy Technology and Commercial Integration (STCI) department's annual financial business plan. Responsible for reporting metrics around Trading's financial performance and STCI's performance in regards to expenses in relation to plan.
- Developed process for creating operating expense plans for service companies, facilitating Trading's 3-year earnings plan.
- Developed and implemented new cost distribution model and approach
- Incorporated improved processes for reporting monthly trading earnings and value capture metrics, enhancing clarity and accuracy.
Crude Trader / Originator (Global Supply & Trading)
Chevron
Houston, TX
01.2009 - 01.2010
- Managed financial and physical exposure associated with refinery supply deals, originated new supply deals, and developed Midcontinent strategy. Developed process in ETRM system to track P&L and positions.
- Successfully introduced new crudes that lowered the refinery costs and increased profit to Chevron
- Increased earnings by correcting contract language and behaviors on operations within contract
Advisor to the VP Crude Supply and Trading (Global Supply & Trading)
Chevron
Houston, TX
01.2007 - 01.2009
- Key member of the Crude leadership team with the responsibilities of advising the Vice President on all matters, such as, vetting commercial requests, risk control, legal inquiries, liaison with Finance and CFTC investigations.
- Evaluated new opportunities for commercial soundness, compliance, and alignment with portfolio strategy
- Developed standardized P&L reporting process for global Crude Trading operations
- Designed educational packets to clarify trading concepts for upper management
Team Lead Risk Control Americas (Chevron Treasury)
Chevron
Houston, TX
01.2005 - 01.2007
- Led a team of 8 analysts that reported position, exposure, profit & loss data, external compliance (e.g. SEC) data, and administered internal trading controls, risk management policies and procedures for Global Supply and Trading activity in the Americas. Also responsible for the consolidation and reporting of the world-wide management report.
- Implemented improved VaR process and drastically decreased number of manual processes to produce daily reports
- Created new reports to increase management understanding of positions and P&L and monitored key limits for trader and trading management delegations of authority
- Designed learning packets clarifying delegation calculations for improved team comprehension
Manager, Risk Control
Sequent Energy Management
Houston, TX
01.2004 - 01.2005
- Led Risk Control team of 5 analysts to report and monitor risk and performance of natural gas trading, asset management, and origination portfolios, while upgrading systems for more efficient and accurate metrics reporting.
- Managed 5 analysts to assess risk and report performance for Sequent's natural gas trading and origination portfolio, covering physical gas, options, transportation, asset management, and storage.
- Developed procedures for entering transactions into Endur, ensuring accurate reporting of attributes such as physical volume, accounting treatment, invoicing, P&L, limit reporting, risk exposure, and credit exposure.
- Business lead for project which successfully implemented Endur trade system.
Manager, Risk Control
InterGen Services Inc.
Houston, TX
01.2003 - 01.2004
- Led and developed the risk control and P&L functions for InterGen North Americas merchant generation power portfolio including the development and implementation of risk control process, procedures, and systems
- Developed reporting structure to measure risk control metrics including valuation, P&L, VaR, position, and outage risk across four merchant plants in SPP, SP15, TNA, and Entergy market areas, enhancing decision-making.
- Wrote and implemented risk management policies for InterGen Americas, establishing organizational responsibilities and transactional limits such as VaR and Stop Loss to improve operational clarity.
- Led project to select and implement complex option and risk metric calculation engine, enabling accurate calculation of MtM, VaR, Margin-at-Risk, Credit Exposure, and lender metrics.
Manager, Risk Analysis
PG&E National Energy Group
Bethesda, MD
01.2001 - 01.2003
- Led 5 analysts in reporting performance and assessing risk for natural gas portfolio, monitoring compliance with risk management and trading policies, and producing daily position and profit/loss analysis, including review of limits, stop-loss, and VaR.
- Guided team in delivering daily metrics, including mark-to-market and VaR exposure, for all physical and financial positions in NEGs natural gas portfolio, encompassing options, storage, transportation, basis, and index positions.
- Developed new automated price curve entry and validation system to provide independent market price validation and liquidity for 25 natural gas markets. System decreased time necessary for marking the book by 60% and significantly tightened the control process.
- Developed infrastructure for daily risk functions to manage and control portfolio of 200 trades daily, valued at 170 million dollars.
Manager, Gas Operations
PG&E National Energy Group
Bethesda, MD
01.2000 - 01.2001
- Led team of 10 gas schedulers controlling the movement and costs associated with balancing the natural gas portfolio. This included transport on 28 pipelines, storage in 9 facilities, and physical receipt and delivery of 4 bcf a day within the Mid Continent, Midwest, and West regions.
- Led implementation of new physical gas system (Gas Master), including infrastructure setup, data structure design, system interfacing, and parallel testing to enhance operational capabilities.
- Developed procedures ensuring system setup for accurate accounting and MtM reporting, improving reliability of financial reporting.
- Advised on physical system limitations pertaining to structured transactions.
- Transferred entire gas operations function from Houston, TX to Bethesda, MD.
Natural Gas Scheduler, Energy Trading (1998-2000)
Koch Energy
Houston, TX
01.1998 - 01.2000
Crude Oil Market Analyst, Supply and Trading (1997-1998)
Koch Energy
Wichita, KS
01.1997 - 01.1998
Section Chief Fire Direction Control
Texas Army National Guard
Seguin, TX
01.1990 - 01.1996
Artillery Cannon Crewman/Fire Direction Control Crewman
Texas Army National Guard
Seguin, TX
01.1988 - 01.1990
Education
Bachelor of Business Administration - Marketing
Texas A&M University
College Station, TX01-1996
Skills
- Risk management
- ETRM implementation
- Data analysis
- P&L reporting
- Market compliance
- Business transformation
- Project leadership
- Process improvement
- Cross-functional team leadership
Timeline
Senior Manager - Transformation
Parkland USA
11.2024 - 07.2025
Managing Owner
Burton Energy Consulting
04.2023 - Current
Head of Risk
Tauber Oil Company
02.2021 - 03.2022
Risk Manager Projects
Motiva Enterprises LLC
01.2019 - 06.2020
Head of Market Risk and Compliance
Motiva Enterprises LLC
03.2018 - 12.2018
Manager Risk Control
Motiva Enterprises LLC
09.2017 - 03.2018
Manager Market Analysis
Motiva Enterprises LLC
03.2017 - 09.2017
Director Risk Advisory and Technology
WG Consulting
02.2016 - 07.2016
Commercial Business Manager Americas (Crude Supply & Trading)
Chevron
01.2014 - 01.2015
Manager Planning and Performance Reporting (Downstream)
Chevron
01.2010 - 01.2014
Crude Trader / Originator (Global Supply & Trading)
Chevron
01.2009 - 01.2010
Advisor to the VP Crude Supply and Trading (Global Supply & Trading)
Chevron
01.2007 - 01.2009
Team Lead Risk Control Americas (Chevron Treasury)
Chevron
01.2005 - 01.2007
Manager, Risk Control
Sequent Energy Management
01.2004 - 01.2005
Manager, Risk Control
InterGen Services Inc.
01.2003 - 01.2004
Manager, Risk Analysis
PG&E National Energy Group
01.2001 - 01.2003
Manager, Gas Operations
PG&E National Energy Group
01.2000 - 01.2001
Natural Gas Scheduler, Energy Trading (1998-2000)
Koch Energy
01.1998 - 01.2000
Crude Oil Market Analyst, Supply and Trading (1997-1998)
Koch Energy
01.1997 - 01.1998
Section Chief Fire Direction Control
Texas Army National Guard
01.1990 - 01.1996
Artillery Cannon Crewman/Fire Direction Control Crewman
Texas Army National Guard
01.1988 - 01.1990
Bachelor of Business Administration - Marketing
Texas A&M University