Natural Gas Trader (North-East Region)

Determined. Imaginative. Curious. If these are some of the ways you describe yourself - we want to learn more about you! At TC Energy, we are Energy Problem Solvers - passionate about transitioning North America to cleaner energy while meeting the energy demands of today and tomorrow. If that sounds like a challenge you want to help tackle, we want you to join our team!

Posting Close Date: May 19, 2024

The Opportunity

In conjunction with renewed Energy market volatility, our US Trading group is currently looking to add a Natural Gas Trader (North-East Region) who is an #energyproblemsolver to our growing US Gas Marketing team, based in Houston, TX.

Reporting to the Director, US Trading, this position will collaborate with our Trading & Marketing teams to design, develop and implement physical and financial gas strategies that ensure customers receive reliable energy, focusing on the North-East Natural Gas Market. We are seeking an experienced professional with expertise in negotiating gas transactions and analyzing / monetizing market intelligence which will be key in creating value in today's energy markets.

What you'll do

• Pro-actively contribute to the financial success of the TCEM Gas Trading Team through the identification, execution, and successful management of both Asset-backed & Proprietary Trades

• Negotiate the purchase and sale of daily, monthly, and seasonal gas positions

• Deploy VAR across defined trading regions through sophisticated and balanced trading strategies

• Actively contribute to the development and evolution of deep, broad & proprietary market insights across the North-East region as well as the broader L48

• Manage both existing and prospective customer relationships to foster liquidity and opportunities

• Work on implementing liquidity, proper governance, and transaction visibility

• Manage commodity, transportation and storage positions within company approved limits

• Optimize existing & prospective assets / positions to maximize earnings

• Understand contractual commitments and scheduling with gas pipelines required

• Provide input on economic routing alternatives and other supply options

Minimum Qualifications

• Post-Secondary Degree in statistics, math, finance, commerce, or other relevant discipline

• 10 - 15 years of related experience

• Proven & demonstrable positive PnL development history

• Demonstrated ability to articulate fundamentals driving the current and future natural gas market (Supply/Demand/Infrastructure) and make decisions based on this information

• Proven ability to conceptualize & mathematically apply risk / reward proposition to all transaction decisions

• Understanding of Capacity Release bidding and execution

• Experience interacting with Pipeline EBB's, online exchange (ICE) and pipe transportation scheduling systems

• Knowledge of energy contracts like Futures, OTC, Options, shaped contracts, collars, and other derivatives

Preferred Qualifications

• Proprietary knowledge of, and insight into specific tariffs & operations along ANR, TCO and CGT, as well as regional 3rd Party pipes such as TETCO, TRANSCO, TGP, AGT, TCO, IROQOUIS, MARITIMES

• Strong financial acumen and ability to conceptualize & articulate risk vs opportunity

• Familiarity with NAESB type standard agreements & driving increase access to market liquidity

This position requires candidates to:

• Provide backup coverage for other regional desks

To remain competitive, support our high-performance culture and allow for more flexibility in the way we work, we offer a hybrid work model and flexible dress code for our eligible office-based workforce in Canada, the U.S. and Mexico. #LI-Hybrid

Relocation Eligibility: This position is eligible for our domestic relocation program.

About our business

TC Energy is a leading energy infrastructure company in North America. We have three complementary businesses of natural gas pipelines, liquids (oil) pipelines, and power generation. Our operations span three countries, seven Canadian provinces, and 34 U.S. states.

TC Energy is an equal opportunity employer.

Learn more

Visit us at TCEnergy.com and connect with us on our social media channels for our latest news, employee stories, community activities, and other updates.

Thank you for choosing TC Energy in your career search.

• Depending on qualifications, the successful candidate may be offered a position at a more appropriate level and/or ladder.

• Applicants must have legal authorization to work in the country in which the position is based with no restrictions.

• All positions require background screening. Some require criminal and/or credit checks to comply with regulations.

• TC Energy is committed to provide employment opportunities to all qualified individuals, without regard to race, religion, age, sex, color, national origin, sexual orientation, gender identity, veteran status, or disability. Accommodation for applicants with disabilities is available on request during the recruitment process. Applicants with disabilities can request accessible formats or communication supports by contacting careers@tcenergy.com.