As a Natural Trader & Scheduler, you will be responsible for monitoring supply and demand trends while ensuring availability of product and maximizing returns for the company. The Natural Gas Trader and Scheduler is responsible for executing physical trades and developing trading strategies in compliance with Irving Oil’s trade policies while analyzing market conditions to generate value. They are also responsible for scheduling duties along various pipelines throughout North America.
What We Offer:
Work Environment - Work in 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
Your Responsibilities:
Execute daily spot trades in accordance with company policies
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 North American Energy Standards Board (NAESD) contract to establish relationships with new counterparties (suppliers/buyers/marketers/brokers). Engage internal Stakeholders including Treasury, Legal, Credit and Tax in verifying the terms and Special Provisions to the base contracts.
Negotiate contract terms/provisions for buy/sell (Price/volume/location/periods)
Participate in Pipeline contract (Tolls & Tariff) negotiations and assist in executing Service Agreements
Provide timely scheduling support to the Team Lead including development, management and execution of short-term or spot physical trading and scheduling strategies
Analyze market information and market trends daily to inform decisions on trading and scheduling
Collaborate with senior traders to develop and implement trading strategies
Support the Commodity Risk Management team in the development of analyses for non-standard hedging strategies in accordance with company policies
Develop and maintain strong relationships with counter parties, traders, schedulers, pipelines and brokers.
Provide periodic presentations to senior management regarding strategy and financial performance
Support team analytics and models to identify trading and scheduling opportunities
Actively work on transactions, analysis and strategies during regular market hours. Actively manage positions and transactions at all times.
Collaborate and provide support to all internal stakeholders who are closely engaged with natural gas
Assure routine deliverables to all internal stakeholders are complete accurately and on-time.
Maintain a strong understanding or willingness to learn natural gas market relevant alternate fuels, power and LNG.
Maintain understanding and knowledge of rules and regulations that are applied in pipeline General Terms and Conditions as well as knowledge and managing the existing contracts (Short-term and Long-term)
Your Skills:
Strong analytical skills
Proven ability to maintain good working relationships with stakeholders including senior leaders
Strong verbal and written communication skills
Experience dealing with multiple priorities and deadlines / proven ability to meet hard deadlines
Strong attention to detail
Good presentation skills
Highly proficient with MS Office: Word, Excel, Outlook
An entrepreneurial and commercial mindset with strong negotiation, decision-making, and problem-solving skills
Your Experience:
Post-secondary education in business, economics, finance related disciplines, engineering or equivalent experience
1-5 years' related experience
Experience in energy markets analysis is an asset
Prior natural gas scheduling experience and knowledge of North American natural gas markets and pipelines would be an asset.
Experience in scheduling other modes of transportation will be considered
Supply chain management experience
Irving Oil is committed to supporting a diverse and inclusive work environment. We thrive on the good energy that’s created when our people from different backgrounds, identities, cultures and experiences share their unique perspectives. Diversity is key to our success and inclusion is everyone’s responsibility.
Job Requirements - Work Experience
TradingJob Requirements - Education
Bachelors: Business Administration