Uniper seeks a Physical Gas Trader to join its North American team
Uniper seeks a Physical Gas Trader to join its North American team
Your responsibilities
•Regional and Commodity Focus: Specialize in the U.S. Gulf Coast physical natural gas market, with a focus on transportation and storage assets.
•Portfolio Development: Build and manage a physical gas portfolio in the Gulf Coast region, including customer relationships and asset positions. Ensure strong connectivity with other regional gas teams, including Midwest/Midcontinent and Eastern markets.
•Physical Gas Trading: Actively engage in physical natural gas trading, executing buy and sell transactions for both short- and long-term deliveries.
•Client Relationship Management: Maintain and develop strong relationships with producers, utilities, marketers, and other end-users.
•Asset Optimization: Take direct responsibility for optimizing physical asset value, including cash management and bid week setup.
•Strategy Implementation: Design and execute asset optimization strategies for transportation and storage positions, aiming to maximize profitability while managing risk.
•Market Analysis Collaboration: Partner with trading teams and market analytics to develop a fundamental market outlook. Analyze key drivers influencing fixed prices, NYMEX spreads, basis, and cash differentials.
•Financial Trade Execution: Execute and manage natural gas trades in both forward and futures markets.
•Market Intelligence: Stay up to date on industry developments, regulatory changes, and geopolitical events that could impact natural gas markets.
•ETRM Accuracy: Ensure all deals are accurately captured and reconciled in the ETRM (Energy Trading and Risk Management) system for precise position and P&L tracking daily.
•Operational Continuity: Support the Gulf Coast gas team’s business continuity planning to maintain operational integrity.
•Regulatory Compliance: Adhere to all relevant compliance standards and internal risk management policies.
Your profile
•Four-year degree is required, preferably in finance or accounting or some technical related field.
•Minimum of 5-10 years of experience working in physical natural gas markets in a trading/asset optimization role or transportation/storage trading role.
•Solid understanding of natural gas fundamentals, expert knowledge of interstate and intrastate pipeline infrastructure, production and storage asset in Texas and the Gulf Coast US.
•Understanding of MTM accounting, value at risk, a sound understanding of risk bifurcation and risk exposures generated from physical and financial gas trade types.
•Leadership skills, Team player qualities, entrepreneurial thinking, strong communicational skills.