Natural Gas Trading Specialist

4 weeks ago


Calgary, Alberta, Canada Bank of Montreal Full time
Natural Gas Trading Specialist

We are seeking a highly skilled Natural Gas Trading Specialist to join our Energy group in Calgary. The successful candidate will be responsible for pricing, executing, and managing natural gas derivatives for our corporate and investor client base.

The ideal candidate will have a strong understanding of physical and financial energy markets, as well as experience with supply/demand models for North American Natural Gas. They will also be able to exercise independent thought and judgment under limited supervision and adapt to new tasks with little notice.

The Natural Gas Trading Specialist will work closely with our Commodities Team to share market information and solve problems. They will also be responsible for building relationships with product partners across Global Markets to provide/solicit cross-product mandates for new opportunities.

Key Responsibilities:

  • Trading and Risk Management:
    • Pricing, executing, and managing natural gas derivatives for our corporate and investor client base.
    • Developing and maintaining fundamental models for North American Natural Gas.
    • Managing linear risk and identifying opportunities for increased efficiency and improved service to internal and external clients.
  • Collaboration and Communication:
    • Working closely with our Commodities Team to share market information and solve problems.
    • Building relationships with product partners across Global Markets to provide/solicit cross-product mandates for new opportunities.
    • Communicating effectively with GCC and clients to facilitate deals.

Requirements:

  • Education and Experience:
    • Minimum 3-5 years experience at a bank, trade shop, market-maker or hedge fund building and maintaining supply/demand models for North American Natural Gas.
    • Minimum 3-5 years experience at a bank, trade shop, market-maker or hedge fund managing an active book of Natural Gas linear positions both physical and financial with a focus on North American basis.
  • Skills and Knowledge:
    • Strong knowledge of Energy markets – financial and physical.
    • Thorough knowledge of derivatives with options experience a plus.
    • Knowledge of banking and risk concepts as well as derivative regulations.

We Offer:

  • Competitive Salary:
    • $110,000 - $150,000 CAD
  • Benefits Package:
    • Health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.

About Us:

We are a leading bank driven by a single purpose: to Boldly Grow the Good in business and life. Everywhere we do business, we're focused on building, investing and transforming how we work to drive performance and continue growing the good.

We're proud to be fueling growth and expanding possibilities for individuals, families and businesses. More than 12 million customers count on us for personal and commercial banking, wealth management and investment services. As the 8th largest bank in North America by assets, we provide personal and commercial banking, wealth management and investment services to more than 12 million customers.



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