Gas Trader
Nrg Bluewater Wind, Greenwood, IN, United States
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.
Key Accountabilities
Analyze market conditions, price trends and supply-demand dynamics for natural gas in the Gulf Coast, Midcon, West and/or surrounding regions.
Develop and implement strategies to capitalize on market opportunities and achieve financial targets.
Monitor regional and global energy market developments and assess their impact on region.
Identity new markets and opportunities that provide growth potential in the Gulf Coast, Midcon and West
Responsibilities
Execute physical and financial gas trades to support and advance the company’s natural gas business objectives in the Gulf Coast, Midcon, West and/or surrounding regions.
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.
Work with the various teams within NRG to develop unique product offerings and provide exceptional services to customers and counterparties.
Identify and assess market risks associated with trading activities.
Develop and implement risk management strategies to mitigate exposure to price fluctuations and other market risk.
Monitor and manage trading positions to align with risk management policies.
Track and report on trading performance, including profit and loss, and market positions.
Analyze trading results and provide recommendations for future trading strategies.
Ensure adherence to all relevant regulations, industry standards and company policies.
Maintain accurate records of trading activities for audit and compliance purposes.
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.
Comply with all laws and regulations as well as internal NRG policies.
Skills
Proficient in trading platforms, market analysis tools and modeling.
Strong analytical skills to interpret market data.
Excellent negotiation and communication skills.
Ability to work under pressure and make decisions in a challenging environment.
Familiarity with regulatory frameworks and compliance requirements for gas trading.
Qualifications
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.
Strong understanding of natural gas markets, financial products, physical pipeline flows within the Gulf Coast, Midcon, West and surrounding regions and structured transactions.
Existing strong relationships with key counterparties a significant plus.
The base salary range for this position is: $103,200 - $170,280. The base salary range above represents the low and high end of the salary range for this position. Actual salaries will vary based on several factors including but not limited to location, experience, and performance. The range listed is just one component of the total compensation package for employees. Other rewards may include annual bonus, short- and long-term incentives, and program-specific awards. In addition the position may be eligible to participate in the benefits program which include, but are not limited to, medical, vision, dental, 401K, and flexible spending accounts.
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 http://www.eeoc.gov/employers/upload/poster_screen_reader_optimized.pdf)
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Key Accountabilities
Analyze market conditions, price trends and supply-demand dynamics for natural gas in the Gulf Coast, Midcon, West and/or surrounding regions.
Develop and implement strategies to capitalize on market opportunities and achieve financial targets.
Monitor regional and global energy market developments and assess their impact on region.
Identity new markets and opportunities that provide growth potential in the Gulf Coast, Midcon and West
Responsibilities
Execute physical and financial gas trades to support and advance the company’s natural gas business objectives in the Gulf Coast, Midcon, West and/or surrounding regions.
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.
Work with the various teams within NRG to develop unique product offerings and provide exceptional services to customers and counterparties.
Identify and assess market risks associated with trading activities.
Develop and implement risk management strategies to mitigate exposure to price fluctuations and other market risk.
Monitor and manage trading positions to align with risk management policies.
Track and report on trading performance, including profit and loss, and market positions.
Analyze trading results and provide recommendations for future trading strategies.
Ensure adherence to all relevant regulations, industry standards and company policies.
Maintain accurate records of trading activities for audit and compliance purposes.
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.
Comply with all laws and regulations as well as internal NRG policies.
Skills
Proficient in trading platforms, market analysis tools and modeling.
Strong analytical skills to interpret market data.
Excellent negotiation and communication skills.
Ability to work under pressure and make decisions in a challenging environment.
Familiarity with regulatory frameworks and compliance requirements for gas trading.
Qualifications
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.
Strong understanding of natural gas markets, financial products, physical pipeline flows within the Gulf Coast, Midcon, West and surrounding regions and structured transactions.
Existing strong relationships with key counterparties a significant plus.
The base salary range for this position is: $103,200 - $170,280. The base salary range above represents the low and high end of the salary range for this position. Actual salaries will vary based on several factors including but not limited to location, experience, and performance. The range listed is just one component of the total compensation package for employees. Other rewards may include annual bonus, short- and long-term incentives, and program-specific awards. In addition the position may be eligible to participate in the benefits program which include, but are not limited to, medical, vision, dental, 401K, and flexible spending accounts.
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 http://www.eeoc.gov/employers/upload/poster_screen_reader_optimized.pdf)
#J-18808-Ljbffr