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Commodity Trader

Location: 

Wyomissing, PA, US

Company:  UGI Energy Services, LLC

UGI Energy Services supplies and markets natural gas, liquid fuels, and electricity to 40,000 customer locations across the Mid-Atlantic and Northeastern US.

We are a supplier, marketer, and midstream services provider – one backed by 135 years of natural gas experience, plus our own expanding energy infrastructure. Along with buying and selling energy commodities at the wholesale level, UGIES owns and operates key electric generation and midstream natural gas assets throughout Pennsylvania.

With headquarters and supply sources near the heart of the Marcellus Shale, UGIES is well positioned to meet the changing energy demands of commercial, industrial, institutional, and government customers for years to come.

 

We offer comprehensive benefits, some of which are:

  • Paid Vacation time starts with 3 weeks off
  • 8 Paid Holidays
  • Sick time
  • Short term & Long term disability
  • Medical plan options from Aetna and Blue Cross
  • Vision coverage from Vision Benefits of America
  • Dental coverage from United Concordia
  • Extended Maternity Leave - 8 weeks pay at 100% with the option of 2 more weeks paid at 100% or 4 weeks paid at 50%
  • Paternity Leave - 2 weeks pay at 100% or 4 weeks pay at 50%
  • Company provided 401K match of 100% of the employee's 6% contribution
  • Tuition Reimbursement of 80% of tuition costs capped at $6,300 per year
  • Pet Plan Insurance

Overview: UGI Energy Services' gas supply department is looking for a highly motivated individual to join our team as an Analyst. UGI Energy Services retail commodity division currently sells natural gas to 43,000 customer locations throughout 39 utilities in the Mid-Atlantic and New England region.  In this role, the trader will be responsible for trading both financial and physical hedging instruments across varying energy commodities as well as the optimization of UGIES’ managed assets. The successful individual will review market conditions and delivery requirements in order to determine the most cost efficient asset and hedging instruments to exercise on varying term requirements. The trader will act as a subject matter expert of the real-time market dynamics dictating trends behind his assigned pipelines. The successful candidate will directly contribute to the continued growth of our business through the formal bidding of Request for Proposal (RFP) opportunities.

 

Duties and Responsibilities:

  • Capture all relevant trade data via ETRM platform
  • Assure adherence to all company credit, compliance, and risk policies
  • Analyze both financial and physical market conditions and execute trades to achieve positive metrics
  • Maintain economics behind company owned option assets, both financial and physical
  • Conduct market evaluation of assets and provide recommendations for asset portfolio changes
  • Create, support or advise on departmental forecast of budget performance
  • Evaluate and advise management on RFPs for supply services or asset management opportunities
     

Knowledge, Skills and Abilities:

  • Deep commitment to the success of the company
  • Dedication to excellence and desire to exceed expectations
  • Highly motivated with the ability to work independently with minimum supervision
  • Strong interpersonal skills
  • Strong analytical and problem solving skills
  • Manage multiple tasks and priorities simultaneously
  • Organized and detail oriented
  • Ability to work well under pressure

 

 

Education and Experience Required:

  • Bachelor’s degree in business, mathematics, engineering or equivalent preferred
  • Experience in and understanding of Energy Markets, preferably Natural Gas (and/or NGLs)
  • Strong technical knowledge and skills
  • Previous experience with an ETRM, preferred
  • Computer-related experience in the Windows environment and have knowledge of various windows-based application, such as Microsoft Office

 

UGI Energy Services, is an Equal Opportunity and Affirmative Action Employer.  The Company does not discriminate on the basis of race, color, sex, national origin, disability, age, gender identity, veteran status, or any other legally protected class in its practices.


Nearest Major Market: Reading PA

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