Entity: Supply, Trading & Shipping
Job Family Group: Supply & Trading Group
Job Description: About the roleThe Retail Gas Portfolio Manager will facilitate and transact all retail commercial and industrial natural gas customer hedge activity, with responsibility for regional customer pricing, associated hedges, portfolio optimization and risk management. This individual will identify optimization opportunities in the portfolio and work with affiliate business units and functional groups to manage energy products for the customer portfolio and deploy innovative solutions that leverage fundamental analysis, advanced analytics and market acumen.
Key Responsibilities- Execute strategy for market access, price discovery and transaction execution in approved products for bpERC natural gas internal and external clients
- Hedge and optimize activity around bpERC's retail natural gas customer portfolio
- Maintain and provide transactable prices for approved tradable products as well as market information to the bpERC retail pricing and operational functions, sales persons and customers
- Research new products and develop strategy to optimize and hedge in bpERC operable markets
- Support and manage forecasted load deviations and exposures in prompt and cash months
- Optimize portfolio assets and obligations such as supply, interstate transport and storage
- Work closely with bpEC's wholesale trading desk for price discovery and execution
- Price, manage, and book deals consisting of a variety of standard and non-standard products
- Manage the risk associated with a standard and non-standard product portfolio while adhering to allocated risk limits
- Identify structured supply or customer opportunities and participate in closing transactions when necessary
- Collaborate with the Sales and Marketing team to help guide their efforts to provide opportunities that are aligned with trading ideas and geographic locations
- Build and maintain databases as necessary
- Understand and comply with all internal policies as well as those of CFTC, SEC, FERC, and any other regulatory body or exchange
Essential education, experience and requirements- Bachelor's degree required in business, marketing or quantitative field such as math, statistics, IT, quantitative finance or engineering
- Mid level experience or comparable skills of energy trading and portfolio management and optimization, retail/wholesale customer pricing and hedging
- Strong working knowledge of the C&I retail gas industry and wholesale energy complex
- High level of proficiency in Excel and ability to work within the Endur ETRM
- Analytical skills required for pricing, risk assessment and transaction structuring
- Strong individual contributor with consultative style and aptitude for collaboration and teamwork
- Skilled at working across multi-disciplinary functions and departments including sales, physical operations and risk management
- Proficient in collecting, querying, organizing and analyzing complex data, evaluating information and drawing logical conclusions
There are many aspects of our employees' lives that are meaningful, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, a generous paid parental leave policy, and excellent retirement benefits, among others!
Travel RequirementNegligible travel should be expected with this role
Relocation Assistance:This role is not eligible for relocation
Remote Type:This position is a hybrid of office/remote working
Skills:Agreements and negotiations, Analytical Thinking, Business Acumen, Commercial Business Development, Continuous Learning, Customer promise execution, Customer service delivery excellence, Deal modelling and valuation, Developing and implementing strategy, Influencing, Internal alignment, Listening, Loyalty Management, Marketing strategy and programmes, Negotiating value, Negotiation planning and preparation, Partner relationship management, Presenting, Sentiment and Trends, Thought Leadership, Trade discipline and compliance, Trading Fundamentals, Trading knowledge, Writing skills