Physical Gas Trader
Uniper
Houston, TX 77002
Description
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.