DTE Energy West Gas Trader in Houston, Texas
West Gas Trader
Houston, TX, US
Company: DTE Energy Trading
Job ID: 839
The future is bright at DTE Energy! We are one of the largest Fortune 500 diversified utilities in the United States with an aspiration to be the best-operated energy company in North America and a force for good in the communities we live and serve. We have businesses in 26 states and are comprised of regulated utility and non-utility businesses. Our utility business provides electric and gas service to approximately 3 million customers. Our non-utility businesses include a diversified portfolio of energy related companies, ranging from gas storage and pipelines to renewable power development.
DTE Energy’s utility and non-utility businesses are poised for significant growth. We look forward to working with highly motivated and team-oriented individuals to energize our efforts of growing economically and environmentally.
Recently, DTE Energy has been recognized as an outstanding place to work and has received the following accolades:
Gallup Great Workplace Award for multiple years
Civic 50 Award for corporate citizenship excellence
Indeed’s annual “50 Best Places to Work” award for two years running
Metropolitan Detroit’s 101 Best and Brightest Companies to work For
J.D. Power Customer Satisfaction Award
Professional Women’s Magazine/Black EOE Journal “Best of the Best”
Computerworld’s 100 Best Places to Work in IT
Best Employers for a Healthy Lifestyle Gold Award
Detroit Free Press Green Leaders Award
Location: HOUSTON, TEXAS
The Gas Trader 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.
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 market’s related to the assigned regional market to which the company has exposure.
Considers potential trades over several different time horizons and the interrelations and connectivity between several disparate supply/demand factors.
Minimum Education & Experience Requirements
Bachelor's degree (technical, economics, finance, accounting) or related field.
Three years of trading experience.
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.
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.
Excellent communication skills.
Physical Demands: The physical demands characterized in the attached essential and marginal job functions epitomize those that must be met by an employee to properly perform the integral functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Working Conditions: The employee performs job duties in a climate controlled office environment, with a moderate noise level.
DTE Energy is an equal opportunity employer and 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 law.
Nearest Major Market:Houston
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