re : trading track information tom wilbeck @ enron 01 / 19 / 2001 03 : 23 pm to : jeffrey c gossett / hou / ect @ ect cc : subject : trading track information as you know , we are working on an on - boarding process to get the trading track participants up to speed as quickly as possible in each of their respective rotations . one of the methods of doing this is to have each rotational supervisor ( you ' re one of them ) put a few points together to present to each participant on the first day of their rotation with you ( or someone in your group ) . for example : what does you group do as a whole ? the risk management group is responsible for providing information to the trading floor . that information consists of positions , p & l , and other general information which may be needed by the floor throughout the day . the information must be 100 % accurate 100 % of the time as the gas floor is taking positions based on the information they are given . in addition , all reports go to sr . management such as john lavorato and dave delaney . the participants need to know several logistics type things such as : where to sit user tips on the use of related business hardware ( i . e . phone system , intercom , etc . ) how long / when or if to take lunch : use your discretion . expected working hours : expect to be in the office no later than 8 : 00 and preferably by 7 : 30 it is also important to cover the expected learning criteria with the participants on their first day : able to work under pressure - you will be asked to provide reports and answers to questions on the floor quickly . you will be expected to know and understand the information that you are giving . ability to handle multiple priorities - there will be times when you are faced with several tasks at once . you will be expected to make quick decisions and understand which is the most important . meets deadlines - everyday in risk you have to meet a deadline . the traders must have positions and p & l on their desks when they walk in in the morning . excellent written communication - your written communication will be in the numbers that you provide to the floor . excellent oral communication - again , the traders will expect answers and expect them quickly . you will need to articulate those in a fashion that is understandable . effective interpersonal skills - see above . attention to detail - this is one of the most important considerations of the job . again , all information must be 100 % accurate , errors are not acceptable . team player - you will be expected to work across all groups upstream and downstream to provide accurate information and solve related problems . excellent organisational skills - speed and accuracy are a hallmark of the job , therefore you will need to be organized at all times . is a motivated worker - self explainatory excellent analytical skills - same maintains relationships with traders - the trader will be relying on the information that you provide him . therefore it is important that he trusts what you are giving to him and that you are always asking if they need more or better information . effective time management - self explainatory competent in excel - alot of the work we do is in excel . it is important that you be able to navigate excel , as well as create efficiencies to make the job less prone to errors and to run more smoothly . competent with erms - erms is the system that is used to maintain positions and p & l . all deals flow through this system and all values related to deals come from this system . competent with risktrac - risktrac is the system that tracks counterparty risk and value at risk . i expect you to understand what each means , what the limits are , and how you can reduce and add to value at risk . demonstrates knowledge of trading concepts - work with the traders to understand why they are putting on the positions that they have . try to understand proper hedging strategies etc . each participant who comes to your area needs to know your interpretation of each of these competencies so they can make sure to meet your expectations while in your area . also , the participants need to fully understand exactly what they ' ll be doing in your area . let ' em know with as much detail as possible . finally , do you consider any information a pre - requisite for participation in your area ? ( i . e . advanced excel skills . . . etc ) i ' d like to know so we can push the participants to get the needed training before coming to your group . advanced excel skills , preferably a level of understanding of positions and value at risk . please compile this information and forward it to me so i can put it into some on - boarding material for all of the candidates by their first day of rotations . the first candidates will begin on february 1 , 2001 . thank you very much for you time and consideration . tom wilbeck x 57536