HomeCareersSearch & ApplyTrader, West Region

Trader, West Region

Location:

AB, Calgary

Job type:

Permanent

Job Description

Company Profile:

Direct Energy generates electricity and produces natural gas, as well as selling commodities and servicing the energy needs of homes and businesses in 46 U.S. states plus the District of Columbia and 10 Canadian provinces. We also help our customers save on their energy bills through energy efficiency. Located in over 50 locations, our team of 6,000+ employees serve over 6 million residential and commercial customer relationships.

Direct Energy is a subsidiary of Centrica plc (LSE:CNA), one of the world's leading integrated energy companies with over 20 million customers and 34,000 employees worldwide. We are committed to being the most recommended energy and services provider and leading the transition to a low carbon society.

Requirements

  • Bachelor’s degree in engineering, economics, business, finance or other relevant degree
  • Knowledge of gas markets gas in western Canada, Pac Northwest and California
  • 5 years minimum natural gas trading experience including:
    1. Knowledge of physical flows and locational trading is required.
    2. Understanding of financial trading is a requirement.
    3. Management of storage assets across this region.
    4. Knowledge of Western Canada, Pac Northwest and California transportation grid. Managing and flowing gas transportation contracts
    5. Working with utilities, gas producers, and C&I markets
  • Superior problem solving and analysis skills
  • Excellent communication and interpersonal skills
  • Resourcefulness and ability to work with limited supervision
  • Flexibility and ability to manage multiple tasks and deadlines

Responsibilities

The Trader role is a member of the NAB West Gas Optimization Team located in Calgary, Alberta. This role will be responsible for balance of month and prompt month trade and optimization strategies over multiple regions in Canada down to California. This role will report to a senior member of the optimization team. The role, in conjunction the regional book lead, will oversee pricing, origination and optimization in support of both wholesale trading and retail markets in Western Canada and California.

Roles and Responsibilities

  • Position is primarily responsible for the development of strategy, execution and management of short-term physical and financial transactions. Position to play a major role in trading and optimizing around natural gas assets.
  • Effectively manage retail supply and load swing risk.
  • Effectively manage and create value from assets.
  • Develop and maintain relationships with storage, pipelines, customers and trade partners, in order to optimize our transport and storage and to obtain assets when opportunities exist.
  • Support C&I and retail sales teams thru a thorough understanding of market fundamentals.
  • Collaborate with Sales and Strategy on market approach and issue resolution
  • Collaborate with Sales to process for pricing, load balancing and position management
  • Explore wholesale opportunities in adjacent regions to provide alternate paths for West and California risk management ie Pac Northwest and Rockies
  • P&L reporting and reconciliation responsibilities
  • Ensure consistent risk management practices and processes are implemented across regions
  • Observe all DE policies
  • Develop commercial skills & leadership behaviors and exhibit DE core values and behaviors
  • Potential to be part of weekend on call rotation

Skills and Competencies

  • Critical Thinking/Creative Thinking: Identify main issues, problems & opportunities; assess a range of situations & solutions, using analysis to draw appropriate conclusions and judgments.
  • Collaboration/Influencing: applies range of appropriate behaviors and influencing styles to gain the support, trust, and credibility of both internal and external sales clients and partners to effectively and efficiently achieve stated business objectives.
  • Makes good decisions based upon a mixture of analysis, wisdom, experience and judgment; most of his/her solutions and suggestions turn out to be correct and accurate when judged over time; sought out by others for advice and solutions;
  • Thinks and talks strategy: Sees ahead clearly; can anticipate future consequences and trends accurately; has broad knowledge and perspective; is future oriented; can articulately paint credible pictures and visions of possibilities and likelihoods; can create competitive and breakthrough strategies and plans.
  • Multitasking: Ability to trade, manage storage and pipes, as well as seek out new opportunities across multiple regions in a short time span on a daily basis.
  • Team Player: Blends well with immediate team members as well as stakeholders across the company. Treats people with courtesy and respect. Engaged in discussions and willingness to challenge respectfully. Takes pride and responsibility in your job and success of our team.

The IndividualDirect Energy and its subsidiaries are an Equal Opportunity Employer - EOE AA M/F/Vet/Disability