Gas Trader

Company:  NRG
Location: Houston
Closing Date: 07/11/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description

Welcome to the intersection of energy and home services. At NRG, we're all about propelling the next generation of leaders forward. We are driven by our passion to create a smarter, cleaner and more connected future. We deliver innovative solutions that make our customers' lives easier-helping them power, protect, and intelligently manage their homes and businesses. To do this, we need creative and talented people to join our company.
We offer a dynamic work environment and a unified and inclusive culture. NRG fosters a strong sense of belonging that leads to better collaboration and business performance. Our company programs are designed to help employees develop the skills they need for success now and in the future. In everything we do, we aim to champion our employees and bring value to our customers, investors and society.
More information is available at Connect with NRG on Facebook, Instagram, LinkedIn and X.
The Natural Gas Trader will be responsible for identifying and transacting physical gas trading opportunities within the Gulf Coast and surrounding regions that enhance the portfolio and provide economic benefits to the company. This role involves analyzing market trends, executing trades, and developing strategies to maximize profitability while managing risk. This individual's focus is to collaborate with other traders as well as the origination team to profitably grow our gas business, provide input into the evaluation as well as facilitate the execution of structured transactions (i.e., asset management arrangements, capacity related transactions, cross commodity price structures, etc.). The ideal candidate is able to utilize a strong working knowledge of the US physical and financial natural gas markets within the Gulf Coast and surrounding regions to generate profits as well as to capture arbitrage opportunities. He or she must have an understanding and working knowledge of the natural gas infrastructure, including pipeline flows, production and storage assets, and other factors that impact/ affect commodity prices within the identified area.
Key Accountabilities:

  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 region.
  4. Identity new markets and opportunities that provide growth potential in the Gulf Coast.
Responsibilities:
  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 the 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 risk.
  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.
  12. Comply with all laws and regulations as well as internal NRG policies.
Skills:
  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.

NRG Energy is committed to a drug and alcohol-free workplace. To the extent permitted by law and any applicable collective bargaining agreement, employees are subject to periodic random drug testing, and post-accident and reasonable suspicion drug and alcohol testing. EOE AA M/F/Protected Veteran Status/Disability. Level, Title and/or Salary may be adjusted based on the applicant's experience or skills.
EEO is the Law Poster (The poster can be found at
Official description on file with Talent.
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