Colonial Energy, Inc. (CEI) competitively delivers reliable natural gas supplies to small and large business customers, utilities, power generators, and large industrial, institutional, and commercial customers in the Eastern United States. Colonial Energy, Inc. is a wholly-owned subsidiary of Colonial Group, Inc.
POSITION SUMMARY
Reporting to the Director of Trading, East Coast Trading Manager – Natural Gas is responsible for managing and optimizing a growing portfolio of East Coast physical transportation and storage assets along with basis positions. This role will develop and execute trading strategies to maximize portfolio value.
JOB EXPECTATIONS/DUTIES
- Execute daily and monthly physical gas trades (fixed, index, and basis)
- Utilize financial instruments to manage risk
- Actively manage and optimize pipeline transportation, storage utilization, and basis exposure across contracted assets
- Identify and capture opportunities from transport spreads, storage optionality, capacity release, and regional price dislocations
- Evaluate regional supply, demand, infrastructure constraints, and market conditions to develop and execute profitable trading strategies
- Monitor weather trends, storage balances, pipeline conditions, and operational flows to anticipate market movements and positioning opportunities
- Structure and negotiate physical supply agreements, index-based transactions, and term deals with counterparties
- Maintain compliance with risk management policies and ensure accurate daily position and P&L reporting
- Develop and maintain strong relationships with pipelines, producers, marketers, utilities, and other trading counterparties
- Coordinate with risk, credit, settlements and operations team
- Other projects and duties may be assigned.- 3+ years of natural gas trading experience, preferably focused on East Coast markets
- Working knowledge of East Coast pipeline systems, storage facilities, and regional market hubs
- Understanding of pipeline tariffs, imbalance management, capacity release mechanisms, and penalty mitigation strategies
- Strong business acumen.
- Strong attention to detail.
- Thrives in a fast-paced environment.
- Experience with ETRM systems and trade capture workflows
- Outstanding communication skills
- Proven ability to collaborate effectively across trading, operations, accounting, and risk functions
- Strong Excel Skills.
Physical Requirements:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to
enable individuals with disabilities to perform the essential functions of the job.
While performing the duties of this job, the employee is regularly required to sit, stand, walk, and may occasionally lift and/or move up to 40 pounds.
Eligibility Requirements: Hiring is contingent upon eligibility to work in the United States.
Colonial Group, Inc. is committed to creating an environment that values and supports diversity and inclusiveness across our organizations. We encourage applications from qualified individuals who will help us achieve this mission. Colonial Group, Inc. prohibits discrimination of and will receive consideration for employment without regard to race, color, religion, sex, age, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.