Short Term Gas Trader

Posted: November 19, 2024

Closing Date: December 3, 2024

Position Type: Permanent

Union: Exempt (MP)

ENMAX Values - Safety, Integrity, Accountability, Service, Teamwork, Agility, Innovation

PEOPLE. That's the power behind ENMAX Corporation. As one of Alberta's leading energy and utility providers, our employees are the strength and knowledge that continue to drive our success. At the ENMAX group of companies, we look for energy solutions for today; while knowing we have the power to provide for a better tomorrow.

We are looking for a Short-Term Gas Trader to join our Gas Trading team. This role is responsible for procurement of ENMAX’s short term natural gas requirements of the retail and thermal load positions. Minimize price and operational risk by closely trading gas positions and communicating with the real time and term trading desks. The Short-Term Trader is responsible for optimizing the transportation portfolio by way of mitigating losses and maximizing contract utilization.

Major Responsibilities:
- Execute short term natural gas transactions with third party counterparties and trading platforms to optimize and balance daily, monthly, and seasonal positions in the AECO gas market, while adhering to internal position limits- Nominate natural gas contracts on TC Energy, ATCO, and APEX to balance ENMAX’s natural gas accounts daily, maintaining respective pipeline’s tolerance zones- Mitigate and optimize transportation costs within ENMAX’s portfolio- Accurately enter transactions and positions within corporate tools such as EKA- On-call weekends and holidays to assist and provide support for gas balancing requirements- Market natural gas forward positions to production companies, marketers, and banks to fill short daily index positions up to twelve months down the curve- Remain current and provide internal knowledge on regulation, industry trends, and market fundamentals by attending industry meetings and presentations- Work closely with real time power desk to ensure thermal requirements are profitably met- Communicating on a regular basis with third party contacts and constantly looking for new credit worthy counterparties to add to our portfolio

Education Required:
- Degree in Analytics, Statistics, Finance, Computer Science or other related discipline from an accredited University

Qualifications & Experience:
- 5 years’ experience in a trading and/or operations role- Alberta natural gas and power trading experience preferred- Advanced excel and programing knowledge- Experience and comfort dealing with negotiations- Daily analytics to transact spot, monthly, seasonal gas contracts- Exposure to Gas, Power, and Environmental Commodities considered an asset

Competencies:
- Self-starter who works well independently- Ability to communicate effectively with both internal and external stakeholders- Analytical mindset with impressive attention to detail- A critical thinker who can turn thought into action- Comfortable meeting deadlines, and adaptable when facing changing priorities

Did we mention the ENMAX Advantage?

We offer competitive compensation including a comprehensive flexible benefits program, non-downtown location that includes great building amenities such as free onsite fitness facility with programming geared to employees needs, onsite child care centre (upon availability, offered from our ENMAX Place location 141 - 50 Ave. SE), free parking and much more. If you share our values and would like to make a difference with your career, join the team and see where the ENMAX possibilities can take you.

Location: This role will be part of our hybrid (home and office) work force with office workspace located at ENMAX Place (141 - 50th Avenue SE, Calgary, AB). You will work from home on Mondays and Fridays and in the office on Tuesdays, Wednesdays and Thursdays.

Note:- Every ENMAX employee is responsible to take reasonable care to protect the health and safety of themselves, of all other workers, and of the public. Each employee must become familiar with safety procedures and rules applicable to their job and are required to follow them while working at ENMAX.- Must be legal to work in Canada and requires the successful completion of a criminal background check. Two pieces of valid Government issued ID will be required.

In the spirit of reconciliation, we respectfully acknowledge that we live and work on the traditional lands of Indigenous Peoples. ENMAX headquarters is in Calgary, Alberta, the traditional territory of the Blackfoot Confederacy, comprised of the Siksika, Kainai, Piikani, and Amskapi Piikuni Nations; the Tsuut’ina Nation; and the îyârhe Nakoda Nations of Chiniki, Bearspaw, and Goodstoney, and home to the Métis Nation of Alberta, as well as many diverse Indigenous people who have made the city their home. We are committed to strengthening relationships with Indigenous Nations and peoples in all communities where we operate, through respect and collaboration.