[Hiring] Gas Trading Manager @DTE Energy

Role Description

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.

Key Accountabilities

• 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.

Qualifications

• A Bachelor’s Degree from an accredited college or university and at least 5 years of trading experience in applicable industries.
• Preferred: 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.

Requirements

• 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.

Physical Demands & Working Conditions

• Occasionally stand or walk and stoop or kneel. Frequently, the employee is required to sit.
• Talk or hear, both in person and by telephone; use wrists, hands and/or fingers in a repetitive motion; and reach with hands and arms extensively.
• Occasionally lift objects of up to 10 pounds in weight.
• Use computers with exposure to video display terminals; and some repetitive motion associated with data entry, the use of a computer mouse, and while using other office equipment.
• Vision requirements for this position include close vision, color vision, depth perception and the ability to adjust focus.
• The employee performs job duties primarily in a work from home capacity and periodically from a climate-controlled office environment, with a moderate noise level.

Additional Information

Incumbents may engage in all or some combination of the activities and accountabilities, and utilize a variety of the competencies cited in this description depending upon the organization and role to which they are assigned. This description is intended to describe the general nature and level of work performed by incumbents in this job. It is not intended as an all-inclusive list of accountabilities or responsibilities, nor is it intended to limit the rights of supervisors or management representatives to assign, direct and control the work of employees under their supervision.

PRIVACY NOTICE TO CALIFORNIA JOB APPLICANTS

At DTE Energy, we are committed to providing an inclusive workplace where everyone feels welcome and a sense of belonging. We seek individuals with a heart for service, a passion to help our communities prosper, and ideas to help shape the future of energy. We are proud to be an equal opportunity employer that considers all qualified applicants without regard to race, color, sex, sexual orientation, gender identity, age, religion, disability, national origin, citizenship, height, weight, genetic information, marital status, pregnancy, protected veteran status or any other status protected by applicable federal and/or state laws.