Manager Gas Trading

DTE Energy • Houston, TX

10d • Remote

About The Position

The Manager, Gas Trading creates value by analyzing and understanding the assigned regional market, developing and executing proprietary trading strategies, and placing trades with predetermined exit and stop levels. The role monitors market activity and follows established risk management processes and procedures. The manager oversees employees in trading and analysis for the region, ensures compliance with risk procedures, and evaluates employee results and talent on bi-annual and annual cycles.

The position manages company capital and trading positions, executes trades in natural gas futures, options, and swaps across exchanges and related OTC markets, and presents strategy, financial performance, and market dynamics to management. It considers trade opportunities across multiple time horizons and assesses interactions among supply-and-demand factors. The job is based primarily in a work-from-home capacity, with periodic work in a climate-controlled office in Houston, Texas.

Requirements

• Bachelor’s degree from an accredited college or university.
• At least 5 years of trading experience in applicable industries.
• Working knowledge of finance, accounting, production, operations, and public policy issues affecting the natural gas market in the assigned region.
• Ability to work in a fast-paced, dynamic commodity market environment with time constraints and time-sensitive deadlines.
• Effective oral and written communication skills, internally and externally.
• Strong proficiency in MS Office.
• Ability to work effectively with a team to accomplish shared objectives.

Nice To Haves

• Bachelor’s degree in economics, finance, accounting, or engineering.
• Thorough understanding of North American gas markets, including supply and demand, logistics, regulations, and operations.
• Specific knowledge of hedging and trading techniques for the assigned region.
• Thorough understanding of financial and physical products that can be used to execute trading strategies and hedges.
• Thorough understanding of risk measurement techniques, such as VaR, for measuring trading activity.

Responsibilities

• Analyze markets in the assigned region and develop and execute proprietary trading strategies.
• Deliver positive financial results through the use of company capital.
• Manage capital allocation for positions, develop trade execution strategies, and manage associated risks.
• Routinely trade natural gas futures, options, and swaps on exchanges and related OTC markets in the assigned regional market.
• Present strategy, financial performance, and market dynamics to management periodically.
• Evaluate potential trades across different time horizons and consider the interrelations among supply-and-demand factors.
• Oversee employees in regional trading and analysis and ensure they follow established risk processes and procedures.
• Evaluate employees’ results and talent on bi-annual and annual cycles.
• Perform other related duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager