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Chariot Energy · 12 hours ago

Gas Trader

Houston, TX

Full-time

Onsite

Mid, Senior Level

$120K/yr - $175K/yr

3+ years exp

174 Power Global, headquartered in Irvine, California, is a leader in solar power solutions and is seeking a Natural Gas Trader for its retail energy provider, Chariot Energy, based in Houston, Texas. The role involves trading energy commodities and optimizing gas portfolios while collaborating with various teams to enhance trading strategies and manage risks.

EnergyEnergy EfficiencyEnergy ManagementEnergy StorageRenewable EnergySolar

No H1B

Responsibilities

Work and optimize our Gas portfolio in order to capture all trading opportunities and monitor risk

Transacting physical gas, transport, storage, and financial basis

Identify trading opportunities resulting from our books, the Sales-Trading flow or market movements

Quote competitive prices on a daily basis to the sales-trading team

Work together with Mid-office for a daily reconciliation and with Risk for updated VAR monitoring

Stay updated on market activity through direct engagement with market participants such as traders, brokers and platforms

Trade natural gas on a daily, monthly, and term basis to optimize system performance and capture locational and time spreads

Utilize fundamental market analysis to manage transportation and storage hedges, maximizing revenue while aligning with risk appetite

Develop quantitative and fundamental view of relevant gas markets along the entire curve

Optimize the value of the US portfolio in the long-/mid- and short-term markets; develop trade recommendations that enhance portfolio returns

Work closely with originators for new deal origination, structuring, and pricing

Work closely with Supply Team to identify all cross-commodity opportunities and risks

Consistently improve modelling tools and optimization approach, actively shaping the set-up of portfolio management infrastructure and procedures

Build and maintain strong internal and external relationships to ensure efficient pipeline operations and identify new marketing opportunities

Provide market intelligence and insights to senior management for planning and forecasting

Collaborate with business development and marketing teams to expand system capabilities and design trading strategies that complement growth initiatives

Monitor market conditions, competitor strategies, and emerging trends to inform commercial decisions

Create and deliver Supply related management presentations, contract executions and project management activities focused on Gas Trading

Qualification

Natural gas tradingFundamental analysisRisk managementMarket pricingP&L experienceDeregulated electricity marketsAnalytical skillsStakeholder engagementAgilityMultitaskingEffective communicationInterpersonal skillsPresentation skills

Required

Minimum of 3+ years of progressively responsible experience in natural gas trading and/or scheduling, with expertise in managing term physical and financial positions related to transportation and storage

Bachelor's degree in Business, Finance, Economics or any hard science quantitative. Advanced degree a plus

Prior Trading experience with expertise in fundamental analysis, risk management, and market pricing

Experience pricing structured, non-standard contracts in energy markets

Solid P&L experience from a trading background as this role will be looking at the markets, developing a point of view and assessing the company's VaR

Experience managing long-term contracts with a variety of customers and trading partners

Experience in deregulated electricity markets

Excellent interpersonal and presentation skills coupled with deep analytical capabilities

Ability to assess mathematical derivative pricing models within the context of real-world market conditions

Strong verbal and writing skills

Ability to multitask and work under multiple deadlines

Eligible to work in the USA for any employer without sponsorship