Sr. Gas Trader

About the role

We are seeking a technical and driven Sr Natural Gas Trader who is independent, results-oriented, self-motivated and wants to be part of a dynamic organization. The ideal candidate will have experience scheduling and trading gas in the deregulated market - wholesale experience is a plus. This position is responsible for trading energy commodities, options, heat rates, and energy products in various markets.

Responsibilities

• As part of the wholesale desk enabling the growth of HEUH’s business, this role will work and optimize our Gas portfolio in order to capture all trading opportunities and monitor risk.
• Transact physical gas, transport, storage, and financial basis
• Identify trading opportunities resulting from our books, the Sales-Trading flow or market movements.
• Quote competitive prices on a daily basis to the sales-trading team.
• Work together with Mid-office for a daily reconciliation and with Risk for updated VAR monitoring.
• Stay updated on market activity through direct engagement with market participants such as traders, brokers and platforms.
• Trade natural gas on a daily, monthly, and term basis to optimize system performance and capture locational and time spreads.
• Utilize fundamental market analysis to manage transportation and storage hedges, maximizing revenue while aligning with risk appetite.
• Develop quantitative and fundamental view of relevant gas markets along the entire curve.
• Optimize the value of the US portfolio in the long-/mid- and short-term markets; develop trade recommendations that enhance portfolio returns.
• Work closely with originators for new deal origination, structuring, and pricing.
• Work closely with Supply Team to identify all cross-commodity opportunities and risks.
• Consistently improve modelling tools and optimization approach, actively shaping the set-up of portfolio management infrastructure and procedures.
• Build and maintain strong internal and external relationships to ensure efficient pipeline operations and identify new marketing opportunities.
• Provide market intelligence and insights to senior management for planning and forecasting.
• Collaborate with business development and marketing teams to expand system capabilities and design trading strategies that complement growth initiatives.
• Maintain awareness of market conditions, competitor strategies, and emerging trends to inform commercial decisions.
• Create and deliver Supply related management presentations, contract executions and project management activities focused on Gas Trading.
• Provide timely reports on trading activities, market conditions, and profit/loss analysis.

Required Competencies

• Analytical - Proven problem-solving capability with strong analytical skills including statistical analysis,
• Stakeholder Engagement – Understands the importance of seeking out relationships and working with others toward a shared goal.
• Effective Communication - Strong verbal and written communication skills.
• Agility - Demonstrate willingness to modify position as needed to meet the needs of the business.

Required Qualifications

• Minimum of 5+ years of progressively responsible experience in natural gas trading, with expertise in managing term physical and financial positions related to transportation and storage.
• Bachelor's in Business, Finance, Economics or any hard science quantitative. Advanced degree a plus.
• Prior Gas Trading experience with expertise in fundamental analysis, risk management, and market pricing.
• Experience pricing structured, non-standard contracts in energy markets.
• Strong knowledge of gas fundamentals and market rules/structure.
• Solid P&L experience from a trading background as this role will be looking at the markets, developing a point of view and assessing the company's VaR.
• Experience managing long-term contracts with a variety of customers and trading partners.
• Experience in deregulated electricity markets.
• Excellent interpersonal and presentation skills coupled with deep analytical capabilities.
• Ability to assess mathematical derivative pricing models within the context of real-world market conditions.
• Strong analytical skills, with the ability to process and interpret complex market data.
• Strong aptitude for problem solving and multitasking.
• Self-motivated and ability to work in a collaborative environment where teamwork and independent work ethic is essential.
• Strong verbal and writing skills.
• Deadline-oriented with an ability to prioritize tasks.
• Excellent decision-making skills in a fast-paced, dynamic environment.
• Strong proficiency in Microsoft Office Suite Apps: Excel, Access, PowerPoint.
• Proficiency in trading platforms and financial modeling tools used by energy markets (e.g., Dayzer)
• Experience with ETRM systems.

Compensation

$170,000 - $205,000 salary