NGL Trader

Atlas Oil•Houston, TX

37d

About The Position

Responsible for generating new trading strategies, managing existing trading strategies, and optimizing the trading portfolio across the various natural gas liquids positions within the assigned region. Expected to concentrate on building profitable trading and marketing options in assigned markets using physical product, futures, and swaps. Primary focus is to perform rigorous fundamental analysis of the NGL markets both domestically and globally and translate these analytics into trading strategies. Candidates should bring a high degree of passion, achieve strategic company objectives, and keep an entrepreneurial spirit.

Requirements

Bachelor’s Degree in Business / Finance / Marketing or related field
Five (5) years of professional experience in a trading environment.
Three (3) years of experience in natural gas liquids trading environment.
Three (3) years of experience performing NGL supply and demand analysis.
Three (3) years of experience in deal execution through electronic platforms, brokers, and direct with counterparties.
Experience in both physical and financial NGL trading.
Keen understanding of spread trading including time spreads, basis, and cross commodity.
Experience in daily position and financial reconciliation between front-office, mid-office, and back-office.
Proficient in Microsoft Office (Word, Excel, PowerPoint, Outlook).
Strong mathematical and Excel skills for developing fundamental analytics including regression analysis, histograms, pivot tables, and supply/demand forecasting.
Highly quantitative with proven analytical capabilities.
Demonstrated interpersonal skills to enable good team interaction, in addition to developing and maintaining positive relationships both externally and internally.
Proven ability to perform under time pressure in fast moving markets.
Self-starter and eager to develop new business.
Demonstrated track record with bottom line profitability.

Responsibilities

Assist the General Manager of NGL/Natural Gas Trading in the daily management of the overall NGL portfolio.
Develop new trading strategies using in depth fundamental analysis and market intelligence.
Ability to execute transactions efficiently and decisively.
Ability to recognize market trends and disconnects.
Continuous challenging and debating of existing strategies and new trading ideas.
Thorough analysis of existing infrastructure, infrastructure in development, and associated current and future flows as it relates to the fundamental dynamics of the global NGL market.
Ensure compliance with all risk and position limits set within the Limit Framework and maintained by the Atlas Risk Committee.
Network and interact with all relevant NGL market participants, with particular emphasis on the major traders and marketers both domestically and globally.
Ensure accuracy of deal entry, daily positions, and mark-to-market within the internal system of record and reconcile any differences promptly.
Follows company risk management policy for all trades to ensure proper controls and return thresholds are aligned with corporate goals.
Other related duties as assigned.