Kevin Morgan Email & Phone Number

Houston, Tx, Us

The Woodlands, Texas, Us

Utilized my 20+ years in advanced risk management and data programing, my role at Teleios Commodities was to assist our vertical companies in building a market leading infrastructure for them to accelerate and achieve their goals.Teleios Commodities was an integrated commodity services and solutions platform focused on streamlining the technical and economic application of informed energy and risk management, commodity production and procurement, wholesale and retail access, end user delivery and technology.I collaborated with my Teleios colleagues to drive innovation in the energy space. Our team of experts, with diverse backgrounds and strong track records of successful business growth and exits works together to evaluate investment opportunities and provide the operational expertise to companies founded upon best-in-class leadership and transparency.

As Risk Officer, I was directly responsible for daily reporting of position, risk metrics, and profit/loss performance; setting position and VAR limits; and monitoring and reporting risk limit breaches to all stakeholders.I was charged with conceptualizing, developing and implementing a trade capture system for tracking Exchange traded products and Financial Transmission Rights. Researched and developed a VAR platform utilizing Principle Component Analysis based VAR simulation; and developed multiple business models that facilitated Acadia’s direction and growth.Specialties: Risk Metrics, Financial Transmission Rights, and Monte Carlo VAR

Singapore, Central Singapore, Sg

Noble Group manages a portfolio of global supply chains across a range of industrial and energy products. Noble markets, processes, finances and transports key commodities, connecting low-cost producing regions with high-demand growth markets.As East Power and Natural Gas Options Trader I traded East Power options based on relative value across the volatility surface and used Natural Gas options as a diversification instrument. Responsible for maintaining all volatility surface marks for East Power and Natural Gas.I also worked integrally with Noble’s middle office to amalgamate old and new procedures to streamline the volatility surface marking process.Developed an advanced option quoting software platform for the trading desk that facilitated the valuing of a dramatic array of option structures. Hedged North America Gas and Power’s exposure to the daily changes in interest rate.Specialties: Relative Value Trading, Hedging, and Options

Singapore, Central Singapore, Sg

Focused on identifying and managing enterprise wide option risk. Developed an enterprise level reporting system for tracking all option risk. Developed and maintained a risk monitoring system for Noble Group’s Financial Products trading group. Working in concert with each profit center’s risk manager to set proper option trading limits for the enterprise, I was responsible for weekly reports to upper management which included:• Position• VaR• Concentration Risk• Liquidity Risk• Component VaR• Stress analysis• Volatility Risk• Performance Metrics• Flagging ConcernsSpecialties: Risk Management, and Development Risk and Reporting Systems

Logista Capital is a discretionary energy trading commodity fund. Logista treated option volatility as an asset class and sought to maintain minimal direct exposure to crude oil prices (a "delta-neutral" portfolio).As Trading Manager, I developed the firms Principle Component Analysis based VAR simulation framework; reported and discussed daily all option risk components with the firm’s principals; expanded and improved stress scenarios; and, streamlined stress scenario analysis processes. I was also directly responsible for maintaining a delta-neutral portfolio allowing the fund to focus on its volatility only mandate. Made markets in CSO’s (calendar spread options) and Arb Options (spread between WTI and Brent crude) and continually maintained a 65-80% market share in these products.Specialties: Calendar Spread Options (CSO’s) and Arb Spread Options

New York, New York, Us

Citigroup is recognized as the fourth largest bank in the US. Citigroup provides world-class solutions that are as diverse as the needs of the corporates, institutions, governments, and individual investors they serve in 160 countries and territories. As Director of Global Commodities and Institutional Options Market Maker my direct responsibilities included: Crude (Co-Head), West Coast Power, Precious Metals, and Exotic Option Structures. For our clients, who sought to capitalize on portfolio-enhancing strategies, we offered a global risk-management approach, creating top-notch market-making and structured transactions that used forward-thinking products and services. I optimized modeling of Power assets and supported the Origination Desk on several structured power transactions, as well as, underwrote financing for several origination deals. Additionally, I hedged exposure to changing interest rates for our commodities division.Specialties: Options Trader, Crude, Power, Precious Metals, Exotic Options, FX and Interest Rates

Wichita, Kansas, Us

Commodity trading requires global awareness and connections. Koch Supply & Trading companies are leaders in a range of markets worldwide with four decades of trading experience and capabilities development rooted in energy products. KS&T is considered a pioneer in the conceptualization, development and use of risk-management tools. As Risk Manager I generated, analyzed, and reported daily VAR for Structured Products and Koch Quantitative Trading profit centers. Generated, analyzed, and reported daily Credit Risk, as well as, researched, developed, and implemented Credit Risk metrics.

Wichita, Kansas, Us

Institutional Options Market Maker of crude, heating oil, and gasoline; and maintained volatility surface marks

Charlotte, North Carolina, Us

Headquartered in Charlotte, N.C., Duke Energy is one of the largest energy holding companies in the United States. Its Electric Utilities and Infrastructure business unit serves approximately 7.5 million customers located in six states in the Southeast and Midwest. The company's Gas Utilities and Infrastructure business unit distributes natural gas to approximately 1.6 million customers in the Carolinas, Ohio, Kentucky and Tennessee.As Manager of Financial Options, I modeled and monetized merchant duel-fired power generation assets; researched, implemented, and garnered upper management approval for trading option ‘Delta Skew’ instead of ‘Classic Delta’. Researched, developed, and implemented a neural network proprietary trading system, using fuzzy logic classification techniques that aided the neural network in better capturing non-linearity (before Deep Learning). Charged with effectively liquidating several large options books ($1MM/day theta) and was able to save the company millions of dollars.

Charlotte, North Carolina, Us

Responsible for forming and leading a four-member team that was tasked to research, develop, and implement enterprise-level excel add-ins for pricing derivatives, data mining and general helper functions. The team researched, developed, and implemented a Natural Gas reservoir storage model based on a Markov Decision Process algorithm that imbedded a chooser option at each state node.

Louisville Gas & Electric and Kentucky Utilities Company, part of the PPL Corporation (NYSE: PPL) family of companies, are regulated utilities that serve nearly 1.3 million customers and have consistently ranked among the best companies for customer service in the country.While at LG&E Trading and Marketing I served as Flow Trader of Natural Gas Options and implemented J.P. Morgan’s early work on Value-at-Risk (VaR). Additionally, duties included being the Power Scheduler

Masters Of Science, Financial Markets & Trading

Bachelior Of Science, Mathematics/Finance