Natural Gas Trader

TC Energy

$100K — $150K *
Energy & Utilities
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Post-secondary degree in statistics, math, finance, commerce, or a relevant discipline.
  • 10-15 years of related experience in natural gas trading.
  • Proven and demonstrable positive PnL development history.
  • Ability to articulate fundamentals driving the natural gas market and make informed decisions based on this information.
  • Conceptual understanding of risk/reward propositions in transaction decisions.
  • Familiarity with Capacity Release bidding and execution processes.
  • Experience with Pipeline EBBs and online exchange systems.

Responsibilities

  • Proactively contribute to the financial success of the Gas Trading Team by identifying, executing, and managing trades.
  • Negotiate the purchase and sale of various gas positions.
  • Deploy VAR across trading regions with balanced strategies.
  • Develop proprietary market insights for the North-East region.
  • Manage customer relationships to foster liquidity and create opportunities.
  • Implement governance and transaction visibility.
  • Manage positions within approved commodity and storage limits.

Benefits

  • Hybrid work model for flexibility.
  • A flexible dress code for eligible office-based employees.
  • Opportunity to work with a leading energy infrastructure company in North America.
  • Access to a high-performance culture to support professional growth.
Full Job Description
Determined, imaginative, curious-if these are some of the ways you describe yourself, we want to learn more about you!

The Opportunity

In conjunction with renewed Energy market volatility, our US Trading group is currently looking to add a Natural Gas Trader (North-East Region) to our growing US Gas Marketing team, based in Houston, TX.

Reporting to the Manager, US Gas Trading, this position will collaborate with our Trading & Marketing teams to design, develop and implement physical and financial gas strategies that ensure customers receive reliable energy, focusing on the North-East Natural Gas Market. We are seeking an experienced professional with expertise in negotiating gas transactions and analyzing / monetizing market intelligence which will be key in creating value in today's energy markets.

What you'll do
  • Pro-actively contribute to the financial success of the TCEM Gas Trading Team through the identification, execution, and successful management of both Asset-backed & Proprietary Trades
  • Negotiate the purchase and sale of daily, monthly, and seasonal gas positions
  • Deploy VAR across defined trading regions through sophisticated and balanced trading strategies
  • Actively contribute to the development and evolution of deep, broad & proprietary market insights across the North-East region as well as the broader L48
  • Manage both existing and prospective customer relationships to foster liquidity and opportunities
  • Work on implementing liquidity, proper governance, and transaction visibility
  • Manage commodity, transportation and storage positions within company approved limits
  • Optimize existing & prospective assets / positions to maximize earnings
  • Understand contractual commitments and scheduling with gas pipelines required
  • Provide input on economic routing alternatives and other supply options


Minimum Qualifications
  • Post-Secondary Degree in statistics, math, finance, commerce, or other relevant discipline
  • 10 - 15 years of related experience
  • Proven & demonstrable positive PnL development history
  • Demonstrated ability to articulate fundamentals driving the current and future natural gas market (Supply/Demand/Infrastructure) and make decisions based on this information
  • Proven ability to conceptualize & mathematically apply risk / reward proposition to all transaction decisions
  • Understanding of Capacity Release bidding and execution
  • Experience interacting with Pipeline EBB's, online exchange (ICE) and pipe transportation scheduling systems
  • Knowledge of energy contracts like Futures, OTC, Options, shaped contracts, collars, and other derivatives


Preferred Qualifications
  • Proprietary knowledge of, and insight into specific tariffs & operations along ANR, TCO and CGT, as well as regional 3rd Party pipes such as TETCO, TRANSCO, TGP, AGT, TCO, IROQOUIS, MARITIMES
  • Strong financial acumen and ability to conceptualize & articulate risk vs opportunity
  • Familiarity with NAESB type standard agreements & driving increase access to market liquidity


This position requires candidates to:
  • Provide backup coverage for other regional desks


To remain competitive, support our high-performance culture and allow for more flexibility in the way we work, we offer a hybrid work model and flexible dress code for our eligible office-based workforce in Canada, the U.S. and Mexico. #LI-Hybrid

About our business

We are a leader in North American energy infrastructure, spanning Canada, the U.S. and Mexico. Every day, our dedicated team proudly connects the world to the energy it needs-moving over 30 per cent of the cleaner-burning natural gas used across the continent. Complemented by strategic ownership and low-risk investments in power generation, our infrastructure fuels industries and generates affordable, reliable and sustainable power across North America, while enabling LNG exports to global markets.

Learn more

Visit us at TCEnergy.com and connect with us on our social medial channels for our latest news, employee stories, community activities, and other updates.

Thank you for considering TC Energy in your career journey.

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