Manager Gas Trading

DTE Energy • Detroit, MI

18h • Hybrid

About The Position

The Manager, Gas Trading is responsible for creating value through analyzing and understanding the market in the region assigned. They will be able to place trades with predetermined exit and stop levels, monitor the market, and follow the risk management processes and procedures. Further, they will have oversight of their respective employees in their trading and analysis of the relevant region and ensure that they follow the established risk processes and procedures. They will also evaluate the results and talent of their employees on a bi-annual and annual basis.

Requirements

• A Bachelor’s Degree from an accredited college or university and at least 5 years of trading experience in applicable industries
• Working knowledge of finance, accounting, production, operations, and public policy issues facing the natural gas market in the assigned region
• Ability to operate in a fast-paced dynamic commodity market environment, where there are often time constraints and time sensitive deadlines
• Effective oral and written communication internally and externally
• Strong proficiency in MS Office
• Works 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, but not limited to, supply and demand, logistics, regulations, and operations
• Specific knowledge of hedging and trading techniques for specific region
• Thorough understanding of all financial and physical products that are viable for executing trading strategies and hedges
• Thorough understanding of risk measurement techniques such as VaR used in measuring specific trading activity

Responsibilities

• Analyzes markets in the assigned region and develops and executes proprietary trading strategies
• Accountable for delivering positive financial results from the use of the company’s capital
• Manages capital allocation for positions and develops optimal trade execution strategies while managing the associated risks of the strategy
• Routinely trades NG futures, options, and swaps on exchanges and associated OTC markets related to the assigned regional market to which the company has exposure
• Provides periodic presentations to management regarding strategy, financial performance, and market dynamics
• Considers potential trades over several different time horizons and the interrelations and connectivity between several disparate supply/demand factors
• Performs all other related duties as assigned

What This Job Offers

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