DTE Energy

Manager Gas Trading

DTE Energy • $90K — $130K *
Detroit, MI 48228In-Person
Energy & Utilities
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree from an accredited institution
  • Minimum of 5 years of trading experience in applicable industries
  • Thorough understanding of North American gas markets
  • Knowledge of hedging and regional trading techniques
  • Working knowledge of finance and accounting relevant to natural gas market

Responsibilities

  • Analyze markets and execute proprietary trading strategies
  • Deliver positive financial results using company capital
  • Manage capital allocation and trade execution strategies
  • Trade NG futures, options, and swaps on relevant exchanges
  • Present strategy and performance updates to management
  • Evaluate supply/demand factors over various time horizons
  • Perform other related duties as assigned

Benefits

  • Ability to work from home on a flexible schedule
  • Opportunities for professional development and training
  • Collaborative team environment
  • Engagement in diverse trading activities
  • Exposure to the dynamic natural gas market
Full Job Description
Job Summary

Location: Detroit, MI

The Manager, Gas Trading is responsible for creating value through analyzing and understanding the market in the region assigned. They will be able to place trades with predetermined exit and stop levels, monitor the market, and follow the risk management processes and procedures. Further, they will have oversight of their respective employees in their trading and analysis of the relevant region and ensure that they follow the established risk processes and procedures. They will also evaluate the results and talent of their employees on a bi-annual and annual basis.

Key Accountabilities

  • Analyzes markets in the assigned region and develops and executes proprietary trading strategies
  • Accountable for delivering positive financial results from the use of the company's capital
  • Manages capital allocation for positions and develops optimal trade execution strategies while managing the associated risks of the strategy
  • Routinely trades NG futures, options, and swaps on exchanges and associated OTC markets related to the assigned regional market to which the company has exposure
  • Provides periodic presentations to management regarding strategy, financial performance, and market dynamics
  • Considers potential trades over several different time horizons and the interrelations and connectivity between several disparate supply/demand factors
  • Performs all other related duties as assigned


Minimum Education & Experience Requirements

  • A Bachelor's Degree from an accredited college or university and at least 5 years of trading experience in applicable industries


Other Qualifications

Preferred:
  • Bachelor's degree in economics, finance, accounting, or engineering
  • Thorough understanding of North American gas markets, including, but not limited to, supply and demand, logistics, regulations, and operations
  • Specific knowledge of hedging and trading techniques for specific region
  • Thorough understanding of all financial and physical products that are viable for executing trading strategies and hedges
  • Thorough understanding of risk measurement techniques such as VaR used in measuring specific trading activity


Other Requirements:
  • Working knowledge of finance, accounting, production, operations, and public policy issues facing the natural gas market in the assigned region
  • Ability to operate in a fast-paced dynamic commodity market environment, where there are often time constraints and time sensitive deadlines
  • Effective oral and written communication internally and externally
  • Strong proficiency in MS Office
  • Works effectively with a team to accomplish shared objectives


Physical Demands & Working Conditions

The physical demands characterized here epitomize those that must be met by an employee to properly perform the integral functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. In order to properly perform the integral functions of this job, the employee is required to:
  • Occasionally stand or walk and stoop or kneel. Frequently, the employee is required to sit
  • Talk or hear, both in person and by telephone; use wrists, hands and/or fingers in a repetitive motion; and reach with hands and arms extensively
  • Occasionally lift objects of up to 10 pounds in weight
  • Use computers with exposure to video display terminals; and some repetitive motion associated with data entry, the use of a computer mouse, and while using other office equipment
  • Vision requirements for this position include close vision, color vision, depth perception and the ability to adjust focus


The employee performs job duties primarily in a work from home capacity and periodically from a climate-controlled office environment, with a moderate noise level.

Additional Information

Incumbents may engage in all or some combination of the activities and accountabilities, and utilize a variety of the competencies cited in this description depending upon the organization and role to which they are assigned. This description is intended to describe the general nature and level of work performed by incumbents in this job. It is not intended as an all-inclusive list of accountabilities or responsibilities, nor is it intended to limit the rights of supervisors or management representatives to assign, direct and control the work of employees under their supervision.

About DTE Energy

DTE Energy provides gas & electric utility services to MI homes and businesses.

DTE Energy Careers

Join the vibrant team at DTE Energy, a leading energy company where innovation, leadership, and professional growth are at the forefront of our operations. As one of the most prominent energy providers, DTE Energy offers a plethora of job opportunities that cater to a diverse range of skills and experiences. Work You’ll Do At DTE Energy, we are committed to powering progress and are constantly on the lookout for talented individuals who are eager to drive change and excel in their careers. Our team enjoys a culture that fosters diversity, inclusion, and professional development through comprehensive diversity training programs. Join DTE Energy’s dynamic team to help innovate and lead in the energy sector. Our employees are not just part of a company; they are part of a path to a cleaner, energy-efficient future. Lead projects that make a real impact on our community and the environment. Transform Your Career With DTE Energy, you are positioned uniquely at the intersection of energy solutions and technological advancement. Work alongside a team of dedicated professionals who are leaders in energy innovation and committed to sustainability and efficient energy solutions. Explore a range of positions from entry-level to senior leadership roles. DTE Energy offers a robust career ladder, enriched with a variety of training and development programs, designed to help you excel at every stage of your career. Internship Programs Kickstart your career with DTE Energy’s internship programs. Gain invaluable industry experience, develop your skills, and network with professionals. Our internships provide a solid foundation for understanding the energy sector and help you build a strong resume. Benefits and Culture DTE Energy is dedicated to providing its employees with a supportive work environment and competitive benefits package that promotes health, well-being, and work-life balance. Our culture is built on mutual respect, collaboration, and the shared goal of excellence. Innovation and Growth Be part of a company that values innovation and supports your growth through continuous learning and leadership opportunities. At DTE Energy, we encourage creative solutions and forward-thinking ideas that lead to technological advancements and operational excellence. Join Our Team Search open positions that match your skills and interests. We are looking for passionate, curious, and driven team players who are ready to make a difference. Explore the various employment opportunities at DTE Energy and find where you fit best. Stay Connected Keep up to date with the latest career tips, industry insights, and company news—all from the people who work here. Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. DTE Energy is not just a company—it’s a community where you can build a lasting career. See what exciting and rewarding opportunities await. Join us in powering a brighter future. SEARCH DTE ENERGY JOBS READ CAREERS BLOG Job Alert Emails Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the diverse and dynamic career paths available at DTE Energy.
Learn more about DTE Energy
Size
10,300 employees
Market Cap
$22.7 billion
Industry
Energy & Utilities
Net Income
$1.3 billion
Founded
2009
5 Year Trend
+7.1%
Revenue
$12.1 billion
NASDAQ
DTE
* Ladders Estimates

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