Shell Term Gas Trader (South) – Houston, TX in Houston, Texas
Term Gas Trader (South) – Houston, TX
No. of Positions:
What’s the role?
The successful candidate will trade term financial and physical gas positions and be part of a team of traders who manage a gas portfolio comprised of customer business, structured commodity agreements and assets. The individual will work with South Gas team to manage overall portfolio of Fixed price and Basis portfolio exposures across the desk. This individual will participate in activities such as speculative trading, supply and marketing arrangements, product development, asset optimization, model development and risk management activities to preserve value and reduce risk via the use of all traded instrument types available in both OTC and Exchange. This individual must have expert knowledge of market fundamentals, regulatory knowledge of the region and price relationships. The individual will work with other gas and power trading teams to execute Shell Energy Americas overall strategy built around customer business, asset optimization and the speculative trading of Physical and Financial Gas and Power trading within a geographic region.
Work with South Gas team to manage overall portfolio positions of Fixed price and Basis exposures across the desk and act as Focal Point for South Region position limits.
The individual in this position is accountable for the profitable trading and risk management of a portfolio within a geographical region.
The individual will have a solid understanding of changing supply/demand fundamentals within a geographic region (for example LNG export projects, pipeline/transmission infrastructure projects, gas production profiles, generation retirements, etc.) in Texas, Mexico, Louisiana and the South East.
Strong focus on Compliance and adherence to Regulatory governance within the region.
Developing comprehensive short to medium -term gas trading strategies.
Deliver individual speculative and aggregate position management generating an annual PnL of around $10 in spec trading and around $20 million in asset/portfolio optimization value while operating within defined risk, credit, and regulatory parameters.
Work with storage, transportation, transmission and production assets to maximize economic returns. Work with traders, marketers and customers in various locations to provide competitive pricing and support.
Work collaboratively with functional and commercial groups including Origination, Fundamentals, Accounting, Operations, Credit, and Risk Management.
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Shell is a global group of energy and petrochemical companies with about 84,000 employees across more than 70 countries. We aim to meet the world’s growing need for more and cleaner energy solutions in ways that are economically, environmentally and socially responsible. We have expertise in exploration, production, refining and marketing of oil and natural gas, and the manufacturing and marketing of chemicals. As a global energy company operating in a challenging world, we set high standards of performance and ethical behaviors. We are judged by how we act and how we live up to our core values of honesty, integrity and respect for people. Our Business Principles are based on these. They promote trust, openness, teamwork and professionalism, as well as pride in what we do and how we conduct business. Building on our core values, we aspire to sustain a diverse and inclusive culture where everyone feels respected and valued, from our employees to our customers and partners. A diverse workforce and an inclusive work environment are vital to our success, leading to greater innovation and better energy solutions.
An innovative place to work
There’s never been a more exciting time to work at Shell. Everyone here is helping solve one of the biggest challenges facing the world today: bringing the benefits of energy to everyone on the planet, whilst managing the risks of climate change.
Join us and you’ll add your talent and imagination to a business with the power to shape the future – whether by investing in renewables, exploring new ways to store energy or developing technology that helps the world to use energy more efficiently.
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We’re striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity.
We consider ourselves a flexible employer and want to support you finding the right balance. We encourage you to discuss this with us in your application.
A rewarding place to work
Combine our creative, collaborative environment and global operations with an impressive range of benefits and joining Shell becomes an inspired career choice.
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Houston - One Thousand Main
What we need from you
Must have legal authorization to work in the US on a full-time basis for anyone other than current employer.
Bachelor’s Degree required.
Minimum 5 years of experience in trading financial and physical natural gas in the South markets in a senior trading role is a must.
Expert fundamental knowledge of the South gas market.
Options Trading experience and the ability to understand, trade and manage options.
Strong analytical, problem-solving and communication skills.
Knowledge of fundamental simulation forecasting tools and the manner which these can be used to identify opportunities.
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