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NRG Energy

Gas Trader

NRG Energy, Princeton, New Jersey, United States, 08540

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divh2Gas Trader/h2pThe Natural Gas Trader will be responsible for identifying and transacting physical gas trading opportunities within the Gulf Coast, Midcon West 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 individuals 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 Midcon, West 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./ppstrongKey Accountabilities:/strong/polliAnalyze market conditions, price trends and supply-demand dynamics for natural gas in the Gulf Coast, Midcon, West and surrounding regions./liliDevelop and implement strategies to capitalize on market opportunities and achieve financial targets./liliMonitor regional and global energy market developments and assess their impact on region./liliIdentify new markets and opportunities that provide growth potential in the Gulf Coast, Midcon and West/li/olpstrongResponsibilities:/strong/polliExecute physical and financial gas trades to support and advance the companys natural gas business objectives in the Gulf Coast, Midcon, West and surrounding regions./liliNegotiate trade terms with counterparties, including commodity pricing, volume, and delivery requirements and ensure that all trades executed comply with company policies and regulatory requirements./liliWork with the various teams within NRG to develop unique product offerings and provide exceptional services to customers and counterparties./liliIdentify and assess market risks associated with trading activities./liliDevelop and implement risk management strategies to mitigate exposure to price fluctuations and other market risk./liliMonitor and manage trading positions to align with risk management policies./liliTrack and report on trading performance, including profit and loss, and market positions./liliAnalyze trading results and provide recommendations for future trading strategies./liliEnsure adherence to all relevant regulations, industry standards and company policies./liliMaintain accurate records of trading activities for audit and compliance purposes./liliWork with other NRG staff to effectively maximize the companys position and strategy in the market, including participation in market regulatory and policy directions./liliComply with all laws and regulations as well as internal NRG policies./li/olpstrongSkills:/strong/polliProficient in trading platforms, market analysis tools and modeling./liliStrong analytical skills to interpret market data./liliExcellent negotiation and communication skills./liliAbility to work under pressure and make decisions in a challenging environment./liliFamiliarity with regulatory frameworks and compliance requirements for gas trading./li/olpstrongQualifications:/strong/polliBachelors 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./liliStrong understanding of natural gas markets, financial products, physical pipeline flows within the Gulf Coast, Midcon, West and surrounding regions and structured transactions./liliExisting strong relationships with key counterparties a significant plus./li/ol/div