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Director of Trading and Optimization - Gas Supply

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.

Duties and Responsibilities:

 

  • Manage daily activities of the natural gas physical trading group (3-4 individuals) to ensure we have competitively-priced supply at each demand location for our wholesale and retail obligations.
  • Manage optimization activities around the capacity and storage contracts we own and/or manage to maximize margin.
  • Maximize profitability of peak shaving assets through efficient dispatch, while ensuring we have ample supply to cover our contractual obligations.
  • Manage daily activities of the financial trading group (1-2 individuals) to ensure our wholesale and retail positions are locked consistent with the corporate risk management policy and UGIES practices.
  • Ensure strict adherence to corporate risk management policy and protocols along with FERC compliance and other regulations, reporting activity as required.
  • Manage and support wholesale and retail activity, financial hedging, strategic asset management and market pricing.
  • Maintain and enhance existing marketing models and help build out new trading models, including sub-models that support the primary trading models where applicable.
  • Assist with valuing pipeline capacity and asset management opportunities.
  • Direct and monitor natural gas financial transactions in accordance with our hedging programs.
  • Ability to understand and communicate energy markets, particularly natural gas, regarding parameters such as costs, risk metrics, supply diversification, market liquidity, and location.
  • Additional duties as assigned.

Knowledge, Skills and Abilities:

  • Excellent interpersonal and written communication skills.
  • Superior knowledge of MS Office Products (Word/Excel).
  • Professional, reliable and self-directing work habits.
  • Knowledge of FERC rules and regulations.
  • Detailed knowledge and understanding of federal rules and issues affecting the natural gas industry.
  • Knowledgeable of natural gas portfolio management, particularly from the perspective of various risk metrics.

 

Education and Experience:

 

  • Bachelor’s degree
  • At least 8 years of experience in trading operations or in the natural gas industry.
  • At least 2 years of supervisory experience.

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

Job Segment: Gas, Manager, Supply, Risk Management, Management, Energy, Operations, Finance

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