Gas Trader

6 days ago


Houston, Texas, United States NRG Energy Full time
About the Role

We are seeking a highly skilled Gas Trader to join our team at NRG Energy. As a key member of our energy trading team, you will be responsible for identifying and executing physical gas trading opportunities within the Gulf Coast and surrounding regions.

Key Responsibilities
  1. Analyze market conditions, price trends, and supply-demand dynamics for natural gas in the Gulf Coast and surrounding regions.
  2. Develop and implement strategies to capitalize on market opportunities and achieve financial targets.
  3. Monitor regional and global energy market developments and assess their impact on the region.
  4. Identify new markets and opportunities that provide growth potential in the Gulf Coast.
Key Accountabilities
  1. Execute physical gas trades to support and advance the company's natural gas business objectives in the Gulf Coast and surrounding regions.
  2. Negotiate trade terms with counterparties, including commodity pricing, volume, and delivery requirements, and ensure that all trades executed comply with company policies and regulatory requirements.
  3. Work with various teams within NRG to develop unique product offerings and provide exceptional services to customers and counterparties.
  4. Identify and assess market risks associated with trading activities.
  5. Develop and implement risk management strategies to mitigate exposure to price fluctuations and other market risks.
  6. Monitor and manage trading positions to align with risk management policies.
  7. Track and report on trading performance, including profit and loss, and market positions.
  8. Analyze trading results and provide recommendations for future trading strategies.
  9. Ensure adherence to all relevant regulations, industry standards, and company policies.
  10. Maintain accurate records of trading activities for audit and compliance purposes.
  11. Work with other NRG staff to effectively maximize the company's position and strategy in the market, including participation in market regulatory and policy directions.
Requirements
  1. Proficient in trading platforms, market analysis tools, and modeling.
  2. Strong analytical skills to interpret market data.
  3. Excellent negotiation and communication skills.
  4. Ability to work under pressure and make decisions in a challenging environment.
  5. Familiarity with regulatory frameworks and compliance requirements for gas trading.
Qualifications
  1. Bachelor's degree in Finance, Economics, Business, Engineering, or a related field with a minimum 3-5 years of work experience in natural gas trading or a related field with a focus on physical gas markets.
  2. Strong understanding of natural gas markets, financial products, physical pipeline flows within the Gulf Coast and surrounding regions, and structured transactions.
  3. Existing strong relationships with key counterparties a significant plus.

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