Natural Gas Trader

4 weeks ago


St John's, Newfoundland and Labrador, Canada 09 Irving Oil Limited Full time
Natural Gas Trader Job Description

At 09 Irving Oil Limited, we are seeking an experienced Natural Gas Trader to join our team. This is a critical role in the Natural Gas Supply & Trading team, responsible for monitoring supply and demand trends while ensuring availability of product and maximizing returns for the company.

About the Role

This Natural Gas Trader will be responsible for executing physical trades and developing trading strategies in compliance with Irving Oil's trade policies. The successful candidate will analyze market conditions to generate value and schedule duties along various pipelines throughout North America.

Key Responsibilities
  • Execute daily spot, monthly & term trades in accordance with company policies.
  • Evaluate and respond to RFP opportunities.
  • Develop and maintain a thorough understanding of how natural gas is utilized within the various consuming business units, as well as issues that impact its use.
  • Negotiate contract terms/provisions for buy/sell (Price/volume/location/periods).
  • Participate in pipeline contract (Tolls & Tariff) negotiations and assist in executing Service Agreements.
Requirements

To be successful in this role, you will need:

  • A post-secondary education in business, economics, finance related disciplines, engineering or equivalent experience.
  • 5 or more years related experience.
  • Experience in energy markets analysis is an asset.
  • Experience in trading of natural gas or other energy products.
Benefits and Salary

We offer a competitive salary of $120,000 - $150,000 per annum, depending on experience, plus a range of benefits including:

  • Work Environment: Our beautiful home office building with access to a fitness facility, onsite nurse, and a café.
  • Competitive Compensation: Including an annual bonus plan, pension plan, and parking allowance.
  • Flexible Benefits Plan: Including medical and dental benefits that are both in effect from day one.
  • Paid Vacation: Plus an annual option to purchase additional vacation, too.
  • Wellness Support: With an annual wellness allowance, paid personal care days and a 24/7 Employee & Family Assistance Program.
  • Opportunity to give back to some amazing causes in our community: Choose when and where to make an impact with a paid volunteer day, company volunteer opportunities, and a donation matching program.


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